The firm, which hit a stonewall thrice over its sponsorship bid, finally informed Sebi of its decision to withdraw due to a drop in Sahara MF's net worth and exit of top execs
Experts say the Sebi rule has played a part but it is also a reflection of the funding crisis that NBFCs are going through.
Under portfolio management services (PMS), portfolio managers offer customised investment advice to clients, typically high net worth individuals.
Over 25 per cent (more than Rs 6,000 crore) of the net flows have been directed toward the large-cap category
Parikh said the flagship long-term equity fund scheme has an AUM of Rs 2,300 crore, and invests in both domestic and foreign equities
Stocks can be easily transferred, but gifting mutual funds and life insurance to distant relatives, family or friends is more complicated
Funds will have to adhere to sectoral caps and restrictions applicable to foreign investment in Indian equities
Fund houses attributed the fewer NFOs (new fund offers) in 2019 to tepid investors' sentiment and liquidity crisis in debt funds
Why is it important to keep survivorship bias in mind?
Lenders await RBI norms on holdco structure; guidelines are likely to be finalised by year end
With this, total SIP contribution in the first five months of the current fiscal rose to Rs 41,098 crore as compared to Rs 36,760 crore in April-August 2018
Sebi chief Ajay Tyagi urges MFs to be more careful investing in high-yield debt instruments and not choose returns over safety
Proposal was not in-line with Sebi norms on creating a separate portfolio for affected asset
Only those who have a large portfolio and the ability to select the right fund managers should opt for it
FM Sitharaman meets representatives of MFs, investment banks, FPIs
Exposure to risky debt securities has emerged as a major risk for the capital market investors, including those coming through the mutual fund space
Your CAN will help generate a consolidated account statement for all your investments in a single-view format
11 of the 20 credit risk schemes had nil investments from their respective fund managers
According to data from Amfi, small- and mid-cap funds posted gains of 5.4 per cent and 4.6 per cent, respectively, over the past week
The offering saw bids for 1.5 million shares, which was only 28 per cent of 5.3 million shares put on offer