Posts in category Business Standard
Sebi gets more time in Sharpline case, DSP MF launches multicap fund (08-01-2024)
In March last year, Sebi had barred 24 entities from the securities market for manipulating share prices of two companies through misleading videos on YouTube channels
Shares of Sula Vineyards soars 20% extending two day gains to 33.6% (08-01-2024)
Maharashtra accounts for about half of Sula's revenues and close to 60 per cent of its operating profit
Indian markets slip 1% amid global jitters, FMCG index declines 1.5% (08-01-2024)
Weakness in finance stocks, nervousness ahead of Q3 results, valuation concerns weigh on sentiment
Bandhan MF launches multi-asset fund with 50% equities allocation (08-01-2024)
Multi-asset allocation funds have been the 'flavour of the season' in the hybrid space in financial year 2024 as fund houses have rushed to launch the product post the change in debt fund taxation
Amid market volatility, multi asset funds can fulfil long-term needs (08-01-2024)
Multi-asset funds invest in a variety of asset classes, such as equity, debt, gold, and real estate which help in risk diversification
Oil fell by more than 2% as Saudi price cuts counter West Asian worries (08-01-2024)
Brent crude slid 2.2%, or $1.74, to $77.02 a barrel by 1024 GMT while U.S. West Texas Intermediate crude futures shed 2.3%, or $1.73, to $72.08
Small-caps lead inflows into India equity mutual funds in Dec, shows data (08-01-2024)
The sustained domestic inflows along with record monthly buying by foreign portfolio investors drove India's benchmarks Nifty 50 and Sensex to all-time highs, rising about 8% each in December
MF industry assets surge by Rs 11 trn in 2023; crosses Rs 50 trn mark (08-01-2024)
After a lackluster performance in 2022, the mutual fund industry saw a substantial rebound in 2023 with its asset base surging by nearly Rs 11 lakh crore, reaching over Rs 50 lakh crore-mark fuelled by an optimistic equity market, steady interest rates, and a robust economic expansion.
The year 2023 has seen a substantial increase in overall inflow, data from the Association of Mutual Fund Industry (Amfi) showed on Monday.
The inflow has pushed the assets under management (AUM) of the mutual fund industry by 27 per cent, adding Rs 10.9 lakh crore in 2023.
This was way higher than the 5.7 per cent growth and Rs 2.65 lakh crore increase in AUM observed throughout 2022, as well as the nearly 22 per cent growth and close to Rs 7 lakh crore addition to the asset base in 2021.
The asset base rose from Rs 39.88 lakh crore in 2022 to an all-time high of Rs 50.78 lakh crore in 2023, the data showed.
The asset base stood at Rs 37.72 lakh crore at the end of December 2021 and Rs 31 lakh cror
Indian stocks to get first ETF in Gulf region as UAE deepens ties (08-01-2024)
There were an estimated 3.5 million Indian expatriates in the United Arab Emirates as of 2021, comprising about 30% of the Gulf country's population
Marico, Godrej Consumer slip up to 6% post December quarter biz update (08-01-2024)
Godrej Consumer Products slipped 6 per cent to Rs 1,149 as the company expects mid-single digit volume growth on a consolidated basis in Q3.