FUND MANAGERS
Sebi proposes mutual fund lite norms for passively managed mutual fund schemes Passively managed MF schemes replicate an underlying index such as ETFs and index funds where portfolios of index funds can be easily tracked. Active fund schemes requires expert fund managers who define investment philosophy and select securities.
02 Jul, 2024, 09.54 AM ISTSebi proposes MF Lite norms for passively managed mutual fund schemes Markets watchdog Sebi on Monday proposed a relaxed regulatory framework for the passively managed mutual fund (MF) schemes in a bid to reduce compliance requirements.
01 Jul, 2024, 07.45 PM ISTTata Equity P/E Fund turned Rs 10,000 monthly SIP into Rs 1.82 crore in 20 years Launched in June 2004, the scheme has consistently outperformed its benchmark, the Nifty 500 - TRI, delivering impressive returns. Over a decade, the scheme provided a 17.04% return compared to the benchmark's 15.27%. In the past five years, it yiel...
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01 Jul, 2024, 02.59 PM ISTBlackRock to buy UK data group Preqin for $3.2 billion Expanding into private markets data, I acquire Preqin for 2.55 billion pounds to offer enhanced solutions for fund managers. With a growth rate of 20%, Preqin will facilitate private markets investing, providing an accessible platform for investors....
01 Jul, 2024, 07.37 AM ISTExplained: Expense ratio in mutual funds and how your money is spent In other words, it is the per-unit cost of running and managing the mutual fund. The expense ratio differs from fund house to fund house. The expense ratio is calculated as a percentage of daily investment value.
29 Jun, 2024, 02.31 PM ISTSebi proposes mandatory disclosure of 'risk-adjusted return' by mutual funds Risk-adjusted return offers a comprehensive view of a mutual fund's performance by measuring the return earned per unit of risk taken. Currently, regulations do not require disclosure of RAR alongside standard returns for mutual funds.
28 Jun, 2024, 10.28 PM ISTEmkay Investment Managers launches Emkay Capital Builder Fund AIF The Emkay Capital Builder AIF is designed to generate long-term capital appreciation for investors through a carefully curated portfolio of equity and equity-related securities. The fund will maintain a multi-cap portfolio comprising approximately 2...
27 Jun, 2024, 03.46 PM ISTHuge flows into sector, thematic MFs make wealth managers edgy As per data from Franklin Templeton, sectoral and thematic funds garnered ₹70,072, or 31% of the total net inflows of ₹2.27 lakh crore, in the past 12 months. This helped make sectoral funds the second-largest equity mutual fund category after flexi...
25 Jun, 2024, 05.48 AM ISTWall Street’s smart-trade brigade thrashed again on stock boom Despite financial institutions promoting complex investment strategies to clients worried about economic instability and Federal Reserve decisions, the most profitable approach remains the straightforward strategy of buying and holding onto the S&P ...
22 Jun, 2024, 10.02 AM ISTEquirus announces Sahil Shah as new CIO & fund manager of their Long Horizon Fund Equirus today announced the appointment of Sahil Shah as the new fund manager of Equirus Long Horizon Fund (ELHF) and their Chief Investment Officer (CIO).
20 Jun, 2024, 03.18 PM ISTTax parity for IFSC funds to help HNIs avoid US inheritance levy Wealthy Indians can use GIFT City to avoid US inheritance tax on offshore investments. IFSCA is seeking tax parity for funds in GIFT City to attract HNI investors.
19 Jun, 2024, 07.24 AM ISTETMarkets x AIF & PMS: India's largest summit on alternative investing funds and portfolio management services Join the ETMarkets x AIF & PMS Conclave 2.0 on June 19-20, 2024, for expert insights into alternative investments and portfolio management schemes. Designed for high-net-worth individuals (HNIs) and investment professionals, this virtual event will ...
18 Jun, 2024, 01.23 PM ISTIIFL Finance subsidiary raises Rs 216 crore through public bond issue IIFL Finance's microfinance subsidiary IIFL Samasta Finance has garnered Rs 216 crore through its second public bond issue against a Rs 1,000-crore target despite higher interest rates, as investors were likely concerned over the regulatory scrutiny...
17 Jun, 2024, 08.09 PM ISTPMS funds which managed to trump Nifty with up to 18% return in May PMS schemes, favored by HNIs for surplus capital, outperformed in May despite the flat Nifty50 TRI index before the election results. Investing in listed holding companies, Unifi Capital's HoldCo fund led with a remarkable 17.88% return, surpassing ...
13 Jun, 2024, 08.40 AM ISTNeo Asset raises Rs 2,575 cr for Credit Opportunities Fund Neo Asset Management has closed its first Special Credit Opportunities Fund, raising ₹2,575 crore from high-net-worth individuals and family offices. The fund targets a gross internal rate of return (IRR) of 22-24% by investing in non-triple-A-rated...
11 Jun, 2024, 07.54 AM ISTGameStop slumps around 30% as 'Roaring Kitty' kicks off livestream Shares of GameStop, which also reported its quarterly results four days ahead of schedule on Friday, shot up nearly 50% the day before after Gill, the key figure behind an eye-popping rally in the struggling company's stock in 2021, posted on YouTub...
07 Jun, 2024, 11.50 PM ISTModi’s election setback only a blip for some global stock funds “The first thing I did was message my portfolio managers who invest in India to say if Nifty banks are down because of a lower-than-expected mandate for Modi, it’s a buying opportunity,” Sai said in an interview on Tuesday.
05 Jun, 2024, 01.01 PM ISTTraders bearish on June, Nifty slips 216 points Analysts said foreign fund managers have predominantly rolled over bearish positions to June, while domestic traders remained bullish though the benchmark indices extended losses to the fifth straight trading session.
31 May, 2024, 05.32 AM ISTWork overnight for FPI tax papers: Sebi tells big four firms At a meeting on Tuesday, the Indian capital market regulator has told the accounting biggies in no uncertain terms to generate the mandatory 'confirmation certificate' overnight so that offshore funds managers can repatriate the money from the sale ...
30 May, 2024, 06.12 AM IST