INDIA FUND
These 5 equity mutual funds have more than Rs 1,500 NAV. Here is the performance04 Jul, 2024, 06.12 PM IST Spend management startup Dice raises $5 million from Dallas Venture Capital India Fund Dice, an enterprise spend management startup, has raised $ 5 million in a funding round led by VC firm Dallas Venture Capital. The company will use the fresh capital for its go-to-market initiatives, like strengthening market penetration and custome...
03 Jul, 2024, 08.37 PM ISTThese 3 smallcap mutual funds contributed 61% to total inflows in six months Quant, Nippon India, and SBI smallcap funds together attracted a staggering 61% of all investments in the category.
03 Jul, 2024, 03.47 PM IST- ADVERTISEMENT
Best mid cap mutual funds to invest in July 2024 Mid cap schemes invest in mid cap stocks or in stocks of medium-sized companies. As per Sebi norms, mid cap schemes are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomo...
03 Jul, 2024, 10.05 AM ISTUS fund Platinum acquires Inventia Health in India foray Platinum Equity makes its debut in India by acquiring a majority stake in Mumbai's Inventia Healthcare. With a valuation of Rs 2,500 crore, the deal sees PE investors exiting while the promoter retains a minority stake. Platinum Equity, managing ove...
01 Jul, 2024, 01.31 AM ISTNippon India Growth Fund review: 31% returns in three years; should you invest in this mid-cap fund? Nippon India Growth Fund: This fund adopted the mid-cap mandate in 2018, shifting away from its previous market-cap agnostic approach. The emphasis is on identifying growth businesses that are potential market leaders at an early stage, but without ...
24 Jun, 2024, 06.30 AM ISTCredit funds, family offices fill void left by banks at AIFs The central bank came out with a circular in December 2023, requiring mainstream banks and NBFCs to divest their investments in AIFs that have funded any company that has borrowed from the bank or NBFC. The regulator had also raised provisions for b...
19 Jun, 2024, 12.23 AM ISTAye Finance raises $30 million in debt from Dutch development bank FMO is the Dutch entrepreneurial development bank, with a mission to empower entrepreneurs to build a better world. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investin...
18 Jun, 2024, 06.16 PM ISTPwC India expects upswing in small, mid-size M&A transactions PwC India anticipates an upswing in India markets, especially in small to mid-size M&A transactions and growth fundings. Sanjeev Krishan highlights diverse M&A strategies, PE investment trends, and top deals. The firm aligns with India's 'Viksit Bha...
16 Jun, 2024, 03.15 PM ISTOne in three elders report zero earnings in the past year, only 29% access pensions The survey included 5,169 elderly people and 1,333 caregivers across 20 Tier I and Tier II cities in 10 states. The study captured the experiences of elderly people from cities such as Jaipur, Bikaner, Faridabad, Panipat, Kanpur, Bareilly, Indore, U...
15 Jun, 2024, 02.37 PM ISTUAE's Alterra commits $1 billion to Brookfield’s climate fund The $5-billion Catalytic Transition Fund (CTF) managed by Brookfield Asset Management receives a $1-billion commitment from UAE's Alterra Management Limited to invest in clean energy and transition assets in emerging economies.
13 Jun, 2024, 05.56 PM ISTBanks, NBFCs well placed to seize opportunity from India's strong economic prospects: ICRA Loan growth is expected to moderate over the next year as banks seek to align their loan growth in line with deposits, as deposits are not growing as fast as loans. Loan growth will reduce to 12% -14%, from 16% last year.
12 Jun, 2024, 09.46 PM ISTMotilal Oswal Mutual Fund launches Nifty India Defence Index Fund Introducing Motilal Oswal Nifty India Defence Index Fund, mirroring Nifty India Defence Index. NFO opens from June 13-24. India’s first defense stock index fund, offering growth potential in defence sector.
12 Jun, 2024, 04.19 PM ISTEQT's growth fund to pursue deals of $50m-250m in India EQT's $1.6 billion BPEA EQT Mid-Market Growth Partnership (MMG Fund) targets deals of $50 million-250 million in India, focusing on controlled investments in tech services, healthcare, and the financial sector, with a preference for single specialty...
28 May, 2024, 12.25 AM ISTNBFCs' profitability to moderate on higher borrowing costs: Moody’s “ We expect loans at NBFCs to grow about 15% in the next 12-18 months, driven by various types of lending, including infrastructure financing by large government-owned NBFCs and loans to small and medium-sized enterprises” Moody’s said in a report. ...
14 May, 2024, 08.30 PM ISTPE fund Apax to step up India play with new team The Apax strategy is more pivoted toward control deals, given its focus on being able to have a seat on the table to drive changes. It is, however, open to partnering with quality founders and management teams in minority settings "where there's a m...
13 May, 2024, 02.47 PM ISTPFC seeks legal view on Shapoorji Pallonji promoters' Rs 15,000 crore loan ask State-owned Power Finance Corp (PFC) is seeking legal counsel regarding the approval of a ₹15,000 crore loan to the promoters of the Shapoorji Pallonji (SP) Group, leveraging their 18.37% shareholding in Tata Sons as collateral. Earlier this year, t...
08 May, 2024, 01.10 AM ISTNamdev Finvest's assets under management cross Rs 1,200 cr-mark in FY24 Namdev Finvest, a non-banking financial company specializing in small business lending, reported significant growth in its assets under management (AUM), which nearly doubled to over Rs 1,200 crore during the fiscal year 2023-24. The Jaipur-based co...
07 May, 2024, 04.52 PM ISTMuthoot Microfin looking to raise $50 million in ECB Muthoot Microfin, headquartered in Ernakulam and part of the Muthoot Pappachan group, aims to secure $50 million through external commercial borrowing (ECB) to diversify its funding sources and extend liability duration. The CEO anticipates a syndic...
07 May, 2024, 02.25 PM ISTKedaara Capital closes largest India PE fund at $1.74 billion Kedaara Capital has closed its $1.73 billion fund, Kedaara IV, the largest fund raised by an India private equity fund in 12 years. The fund, which will be its fourth in 12 years, was raised in just four months beginning last December and would even...
25 Apr, 2024, 08.41 AM IST