A letter sent out by the fund house today informed investors of this action by the AMCSide pocketing procedure introduction by itself is not a cause for alarm
1 min read14 Apr 2020Several small-sized fund houses, though they have grown in an absolute basis, remain small in terms of market share. BOI AXA Investment Managers Ltd is one of them. We asked its chief investment officer Alok Singh how serious the fund house is and what's its future in the 23 trillion mutual fund industry
6 min read13 Aug 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared