Page 9 - Funds

RBL Bank to seek PE funding amid concerns over financial health: Report

The bank is looking to raise as much as Rs 1,500 crore in 'confidence capital', say sources

DSP Mutual Fund launches global NFO: Check details here

The key investment theme would be identifying companies that have innovative thinking

VC investments jump 4 times to hit record $28.8 billion in 2021

In comparison, VC and start-up investments were hit hard in 2020, declining 38 per cent YoY

Floater funds see outflows as liquidity turns tight, shows data

In the past year, floater funds have on average given returns of 3.79 per cent, lower than other categories like low duration funds, short duration funds, and medium duration funds

MFs pump in Rs 3,400 crore in fresh issuances in December, shows data

Among existing holdings, major additions were seen in ICICI Bank, Wipro, Infosys, and HDFC Bank.

Fund houses bet on domestic manufacturing sector: Market experts

Market players say the theme allows investors the opportunity to participate in potential emerging segments like electric vehicles, electronics, battery tech, defence among others

Assets of passive funds surge 60% to Rs 4.7 trillion in 2021, shows data

The passive schemes include index funds, exchange-traded funds (ETFs), and fund of funds (FoFs) investing overseas

ICICI Pru Corp Bond Fund: Conservative approach, consistent performance

The investment objective of the scheme is to generate income through investing predominantly in AA+ and above rated corporate bonds

Avoid longer-duration funds as interest rates may harden: Analysts

Shorter-duration ones will see lower mark-to-market impact

Fund houses line up several passive offerings, shows Amfi data

Market participants say that passive investing will grow even in the current calendar year

Street signs: Nifty may consolidate, air cooler makers may see gains & more

The Nifty50 ended the December expiry series with losses of 1.9 per cent

Venus Pipes & Tubes files draft papers to garner funds through IPO

Venus Pipes & Tubes has filed draft papers with markets regulator Sebi to raise funds through an initial share sale. Through the Initial Public Offering (IPO), 50.74 lakh equity shares of the company will be sold, according to the Draft Red Herring Prospectus (DRHP). Proceeds from the public issue will be used for financing the project cost towards capacity expansion and backward integration for manufacturing of hollow pipes, to meet working capital requirements and for general corporate purposes. Venus Pipes & Tubes is one of the growing stainless steel pipes and tubes manufacturer and exporter in the country. The company under the brand name 'Venus' supplies its products for applications in diverse sectors, including chemicals, engineering, fertilisers, pharmaceuticals, power, food processing, paper, and oil & gas. SMC Capitals is the sole book running lead managers to the issue. The equity shares of the company are proposed to be listed on BSE and NSE.

IIFL Fintech Fund to invest Rs 300 crore in early-stage fintech start-ups

The fund will back 25 companies and invest in companies that have affordable products and technologies aiding financial inclusion.

Recent outflows from ELSS shouldn't deter you from investing in them

The combination of high returns and short lock-in they offer is not matched by other Section 80C products

Trifecta looking to co-lend to tech startups with banks: Rahul Khanna

In a Q&A, the managing partner of the venture debt firm dwells on the returns generated by the company's earlier funds, among other things

SIDBI launches second window of Swavalamban Challenge Fund

Small Industries Development Bank of India (Sidbi) on Monday said it has launched the second window of Swavalamban Challenge Fund (SCF) with Green Bharat as prioritised theme.

Amazon Seller Services gets fresh fund infusion of Rs 1,460 cr from parent

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,460 crore into one of its India units, Amazon Seller Services, according to regulatory documents.

Kotak Special Situations Fund to invest Rs 1,000 cr in Sify Infinit Spaces

Investment will be in Compulsorily Convertible Debentures, which turn into equity based on Sify's operational performance over a specified period

Rs 2,000 cr funds unutlised by Tamil Nadu govt depts identified: State FM

The money, identified under three categories, can be remitted back to treasury, says Palanivel Thiaga Rajan

BlackRock gets new Saudi mandate to manage infrastructure fund

The size of the fund hasn't been determined yet, but it will be backed entirely by the National Development Fund, a Saudi government entity chaired by Crown Prince Mohammed Bin Salman