While Angel One and Unifi Capital have obtained the final licence, Jio BlackRock, Capitalmind, Choice International and Cosmea Financial Holdings have received in-principle approvals.......
Domestic passive mutual fund (MF) schemes will have to sell around Rs 1,500 crore worth of ITC Hotels shares once the demerged entity lists on the exchanges, according to estimates. IMAGE:......
The outflows could be a result of a mix of factors led by the underperformance of some of the larger funds amid elevated return expectations. Illustration: Dominic Xavier/Rediff.com Focused......
Inflows into equity mutual funds (MFs) continued their strong momentum in July, despite the market volatility triggered by the Union Budget. Illustration: Dominic Xavier/Rediff.com Active MF......
Mutual Fund inflows in FY25 have already reached two-thirds of the total inflows seen in the entire FY24, with net inflows standing at Rs 1.3 trillion. Illustration: Dominic Xavier/Rediff.com......