Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds. Illustration: Uttam Ghosh/Rediff.com Asset management companies......
L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......
The BSE SmallCap index gained 106 per cent in the one year ended May 12, 2021. Illustration: Uttam Ghosh/Rediff.com The rally in the Indian equity markets in the past year has propelled strong......
Investors could hunt for picks in sectors that will benefit from the government’s capex cycle and IT services. Despite the Sensex’s 74 per cent run-up over the past year, the Indian......
Historically, FPIs have been the dominant market price-setters, given their size and trading patterns in India. Illustration: Dominic Xavier/Rediff.com Mutual funds (MFs) are set to be net sellers......