Boost in special situation funds: The strategy adopted by these funds isn't strictly contrarian; the fund manager will also look for triggers or opportunities that could make certain stocks attractive
Shorter-maturity bonds in these funds get reinvested at higher coupon rates
Rising bond yields, uncertain equity markets add to appeal
The fund warned threats to growth had increased, pointing to the delta variant, strained supply chains, accelerating inflation and rising costs for food and fuel.
Earlier this year, Agnelli group's holding company Exor, through another fund managed by them, had invested in Ki Mobility Solutions-a subsidiary of TVS Automobile Solutions
25% of the collections came from Tier-II towns and more than 10% of the 150,000 applications received came via SIPs
Credit quality is high and risk of market price deviating from NAV is absent in index format
Two China-focused funds are down 11% in the past three months. In comparison, Sensex has gained over 12% during the same period
Adar Poonawalla backs former MD Bhutada, says he hasn't done anything, according to lawyers
The Piramal- and Bain Capital-promoted fund will use the money for recasting TEL's existing debt and for last-mile financing to enable project completion
The Board of Directors of approved the allotment of 6.85 million equity share aggregating to about Rs 85 crore to H-CARE 1 and the promoters of ASL at the price of Rs 124/sh
NDB has approved more than $3.6 billion loan for seven operations that entail on-lending through national financial intermediaries.
The Rs 500 crore fund has an additional green-shoe option of Rs 250 crore
Fund managers should align their interests more closely with investors, and refrain from hyping their products, Yi Huiman, chairman of the China Securities Regulatory Commission said
Specific to AIFs, the IVCA said the funds are a mere pooling vehicle and not a service providing entity
Of the 32 long-only funds, all except one managed to beat the Nifty50 returns of 0.3 per cent during the month
Finance Minister Nirmala Sitharaman will launch an ambitious 'Ubharte Sitaare Fund' for export-oriented firms and startups on Saturday
The fund would manoeuvre across equity for long-term wealth creation and fixed income to provide stability to the overall scheme portfolio.
China regulatory action has hit valuations, but sees further upside from listing of Paytm, Policybazaar
Sebi has done away with the investment restrictions on the residual portion of investable funds of venture capital funds (VCFs)