In May 2019, Sebi allowed mutual funds to take exposure to Exchange Traded Commodity Derivatives (ETCDs) up to 30% of scheme assets in the multi asset category and 10% in any other category
The NFO of PGIM India Balanced Advantage Fund will open for subscription on January 15 and will close on January 29, 2021.
Aim at a maximum of eight to 12 funds and don’t allow individual funds to account for more than 25% of your overall investment.
For AY21, the ITR forms require taxpayers to give details of long-term capital gains (LTCG) from any mutual funds or stocks sold in financial year 2019-20 (FY20)
In 2020, India stood out with $13.7 billion worth of outflows from its bond market even as most of its Asian peers saw record inflows. The country’s equity market continues to see record dollar inflows but foreign investors are still exiting bonds. Mint takes a deep dive.
Experts, however, said that some technical factors may have led to the improved performance in December 2020
The world’s biggest asset manager is betting on sectors most battered by the pandemic, including transportation and leisure.
The index funds are not supposed to outperform but merely mimic the performance of the parent index, as close as it is possible.
A curated list of 50 mutual fund schemes across different categories that are investment worthy
The unitholders consent vote took place from December 26 to December 28, 2020 followed by the Unitholders meet via video conference on December 29, 2020.
NBFCs would require an additional funding line of about ₹1.9-2.2 lakh crore, apart from the refinance of the existing lines, to achieve a 7-9% growth in AUM in FY2022, the Icra report said
The surge in asset base comes on the back of excellent stock market performances over the last 3 months, with Nifty 50 rising by 3.15% in Oct, 12.02% in Nov and 14.9% in Dec, Gopal Kavalireddi, Head of Research at FYERS said
The change will become effective from February 6.
As per National Securities Depository data, overseas investors put in a net ₹62,016 crore into equities and ₹6,542 crore into the debt. For the equity segment, this is the highest quantum of money invested ever since the FPI data has been made available by the NSDL
Your investment decision should not get influenced by these returns as there is no guarantee of repetition of past performance.
