MF assets go past Rs 50 trn; SIP-tied AUM hits Rs 10 trn

The mutual fund (MF) industry added a record Rs 10 trillion to its total assets under management (AUM) in 2023, taking the cumulative tally past the Rs 50 trillion mark for the first time, in......

PSUs are biggest wealth destroyers in last 6 years: MF veterans

The government has been pressing citizens to pay taxes and be compliant, but they have very little to show regarding improved efficiencies in the companies they themselves own, the fund managers......

RBI rate cut positive for growth and markets

The Reserve Bank of India (RBI) cut its key repo rate by a bigger-than-expected 50 basis points to 6.75 percent on Tuesday, with inflation running at record lows and the economy in danger of......

Should you invest in smart-beta funds?

'Investors should allocate about 5% to 10% to such funds.'Tinesh Bhasin finds out more. Illustration: Uttam Ghosh/Rediff.com Popular in developed markets, Indian fund houses are now increasingly......