Equity Fund

Over the past three years, the fund has consistently adhered to its mandate of investing in largecap and midcap stocks, with a strong preference for largecaps

A retirement fund is suitable for long-term goals such as saving for retirement. However, if you are targeting growth and comfortable with higher risk, then you can invest in equity funds

The fund was exposed to 71 stocks during the three-year period, consistently holding seven stocks

Capital markets regulator Sebi's proposal for introducing a new asset class for high-risk profile investors can help them gain access to a newer set of strategies including long-short equity fund and inverse Exchange-traded Fund (ETF). The new asset class is aimed at bridging the gap between mutual funds and Portfolio Management Services (PMS) in terms of flexibility in portfolio construction. The Sebi's consultation paper floated on Tuesday on 'new asset class' and creating a structure for differentiated, higher risk strategies looks very promising, Radhika Gupta, MD and CEO of Edelweiss Mutual Fund said. "India is finally opening up to different investment products, styles and approaches. Passive, factor, inverse ETFs, alts and more. There is no single way to invest," she added. In its consultation paper, the regulator said the new asset class will provide a regulated product with features like SIP (Systematic Investment Plan), higher risk-taking capability, and a higher ticket .

At Rs 37,885 cr, collection in H1CY24 surpasses entire 2023 mopup

The New York-based firm, which had $578 billion in assets under management as of the end of March, is returning to a tougher fundraising market for buyout funds

Consumption themed funds invest across a diversified range of sectors: FMCG, auto, telecom, consumer durables, healthcare, power, organised retail, and realty

Electric bike-sharing platform Yulu Bikes on Friday said it has secured USD 19.25-million (Rs 160 crore) capital in equity funding through the issuance of shares to the company's existing strategic investors-- Magna and Bajaj Auto Ltd. The capital infusion will enable Yulu to maintain its growth streak and will strengthen its market leadership as it expands its reach in terms of vehicles, operational locations, and product and technology innovation to keep up with the rise in demand from users, the company said in a statement. On Thursday, Bajaj Auto said in a regulatory filing that it has raised its stake in Yulu Bike to 18.8 per cent of the paid-up equity share capital with an additional Rs 45.75 crore investment in the company. The company claims it has seen a nearly 5x leap in revenue over the last year. Yulu also said that it is on track to raise its Series C round of funding soon. The equity infusion will help the company fast-track its growth plans, said Amit Gupta, Co-foun

Indian startups cumulatively raised $1.2 billion in venture debt investments across around 175-190 deals last year, a 50 per cent rise from $800 million raised across 170-180 deals in 2022

Evaluating equity funds is a good idea

"This move has literally ended mutual fund investments in such papers, making fundraising more difficult," a trader with a private bank said

Aggressive buying indicates strong flows into equity funds in December

Sensex has gained 18.7 per cent, and the Nifty 20 per cent and debt funds have given single-digit returns

The new fund offer (NFO) will be open from September 4 to 18, and the minimum application amount is Rs 1000 (and in multiples of Rs 1 thereafter

I explained the conflict: if Sukanya sold real estate and invested in financial products, our fee, a percentage of assets under advice (excluding real estate), would rise

Foreign investors are excited about the prospect of a new era of growth in corporate Japan and their buying helped the Nikkei share benchmark to scale three-decade peaks earlier this month

FY23 payout may be 25% more than previous year

Edtech major Byju's is likely to close a USD 250 million equity funding deal in April at a USD 22 billion valuation, sources aware of the development said. The company had last raised USD 250 million in October at the same valuation. "Byju's is in the process of raising USD 250 million. The term sheets are expected to close in about 2-3 weeks," a source told PTI. Another source said the fundraising is an equity deal and happening at a flat valuation of USD 22 billion. When contacted Byju's declined to comment. The company had last raised USD 250 million from existing investors and Qatar Investment Authority. The company attained a valuation of USD 22 billion in the funding round of USD 800 million, announced in March 2022. Byju's has set a target to become profitable by the end of this month. The company retrenched 2,500 employees under the plan and hired 10,000 teachers for India and overseas. Byju's booked a loss of Rs 4,588 crore for the fiscal ended March 2021 -- 19 times

Fund houses came out with more schemes in 2022 than in 2021 but only a few caught the investors' fancy

Tata Consumer Products will issue one equity share for every 22 share held in Tata Coffee to existing shareholders