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Joseph's appointment is among the first in the key positions of the AMC. The company is yet to announce a chief executive officer (CEO)
Experts cite festival holidays and wedding season for decline
Slowed by declines in lump sum investments and new fund offering performance
Experts cite better risk-reward for investors with 3-year horizon
Muscles ahead in passive fund arena with AUM more than doubling in past year
Investors can purchase direct plans directly on MF websites and online investment platforms
According to the fund house, the model will identify stocks as momentum, value, quality, or growth based on data
However, the fund house has not revealed the name. The new CEO will likely take charge by April 2025, according to the company
The catch gets bigger - largecap and midcap thresholds to expand in January
Say new system disrupts their ability to execute large deals
The pharma and healthcare sectors have consistently delivered strong earnings, outperforming expectations
The 13th largest fund house may be valued around $700-$800 million
Deflated: 10 of them down 10% or more below issue price
Proposes to align their hiring process with that of MD
India immune to global issues, but earnings slowdown to weigh on equities, says Goldman Sachs
The fund house, which manages over Rs 1 trillion worth of assets, had the highest exposure to these stocks among the larger fund houses
The top 30 cities with the highest MF investments are referred to as T-30, while the rest of the country falls under the B-30 classification
The recent correction in the equity market has brought largecap valuations close to their long-term averages, the report added. However, midcap and smallcap valuations remain relatively expensive
The equity market corrected substantially in October after logging gains for consecutive months. The Nifty 50 index ended the month down 6.2 per cent
The category II AIF will invest in road assets across India