Page 8 - Funds

Have three-year horizon? Hold on to a corporate bond fund, say experts

Consider investing in target maturity funds and corporate FDs

Asset allocation model of 'balanced advantage funds' must fit your needs

Check fund's performance in different market conditions to evaluate efficacy of model

JPIN launches funds worth $150 mn to promote startups in India, worldwide

The company's investment plans aim to connect start-ups and small businesses worldwide to encourage innovation.

India-dedicated funds see outflows in March, shows EPFR data

Global emerging market (GEM) funds saw inflows worth $653 million, taking the CY22 inflows to about $2.6 billion

Govt amends rules governing Nidhi companies, acceptance of deposits

Further, promoters and directors of the company concerned have to meet the criteria of fit and proper person as laid down in the rules

Floater funds back in focus as interest rates are all set to climb

They are best suited among the bouquet debt funds to sail through volatility in debt markets, say industry players

Speciale Invest announces its second funds closure at Rs 286 crore

In April 2021, the company had announced their second fund to be a corpus of around Rs 100 crore, but this got oversubscribed to over Rs 140 crore.

First close of Venture Catalysts-backed Beams Fintech Fund at Rs 270 cr

Beams has a target corpus of $100 million; will primarily back fast-growing fintech firms in their Series B & C rounds

Bank investments in AIFs to get same treatment as VCFs, says RBI

The regulator said it had received queries from banks on applicability of the prudential treatment for investment in VCFs to investment in AIFs

Qualcomm launches $100 mn Snapdragon Metaverse Fund for XR firms

The fund will invest in developers and companies building unique, immersive XR experiences, and associated core AR and related AI technologies

Once out of favour, Value funds now weathering market storm better

These funds had, on an average, generated returns of -7.4% during past three months, compared with negative returns of 8-10% by large-cap, mid-cap and small-cap funds

Capital A launches $ 10-million fund to boost EV ecosystem in India

Capital A, a venture fund for seed to early-stage meaningful start-ups, on Tuesday announced the launch of a USD 10-million cleantech fund that will be utilised for funding electric vehicles

Enter debt-oriented hybrid funds with a minimum horizon of three years

Invest via the SIP route to benefit from the volatility expected in the near term

Fund managers advise flexi-cap and large-cap schemes for now

According to fund managers, flexi-cap and large-cap schemes may weather the current storm better

Long-only alternative investment funds beat Nifty in 2021, shows data

It was a different story for long-short funds with only two out of the 11 strategies outperforming the benchmark

Satin Creditcare raises Rs 225 crore via preferential allotment of shares

Microfinance institution Satin Creditcare Network Ltd (SCNL) on Friday said it has raised Rs 225 crore through preferential allotment of shares. The micro lender has allotted a total of 30,76,916 shares (i.e. 7,69,229 shares each) to a group of investors namely Aarti Agrifeeds LLP, Adesh Agricare LLP, Adesh Agrifarm LLP and Trimudra Trade & Holdings Private Ltd, a release said. It has also allotted a total of 2,46,15,384 warrants (i.e. 1,23,07,692 warrants each) to Trishashna Holdings & Investments Pvt Ltd (promoter & promoter group) and Florintree Ventures LLP (non-promoter). The warrants have a convertible option in one or more tranches, within 18 months from the date of allotment into equivalent number of fully paid-up equity shares, the release said. The funds will be used as growth capital to boost the company's position in the lending ecosystem and to accelerate its strategic priorities. SCNL's Chairman and Managing Director H P Singh said the investment will not ...

Venture Catalyst launches Beams Fintech Fund with $100 mn target size

Founding team is already in advanced stages of its first close and is even making a few investments

Tech & small-cap funds stragglers in past week amid market sell-off

Investors should stick to flexi-cap, balanced advantage funds instead

Aavishkaar Capital, KfW launch $250 million ESG First Fund

The fund will focus on strengthening the Environmental, Social and Governance (ESG) practices of mid-cap businesses

Sovereign wealth funds turned a corner in sustainable finance in 2021

SWFs' investments in the ESG space globally surged 215.3 per cent in 2021 to $22.7 billion, from $7.2 billion the previous year