More than 50 per cent of SIP accounts come from semi-urban and rural areas. Illustration: Uttam Ghosh/Rediff.com India's smaller cities and rural areas give a wider picture of how the economy is......
The mutual fund industry’s QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). Illustration:......
HDFC Bank’s latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to......
Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. Illustration: Dominic Xavier/Rediff.com The earnings momentum looks......
The asset manager is yet to resolve the impasse surrounding the payment of pension to its erstwhile employees who had opted for voluntary retirement in 2003. Illustration: Dominic Xavier/Rediff.com......