Mutual Funds see 1.67 cr SIP additions in June qtr; Groww leads with 42 lakhThe mutual fund industry experienced strong growth in new Systematic Investment Plan (SIP) registrations, with 1.67 crore accounts added in...
Diversifying your portfolio across mutual fund investment styles can get you better returns: Here’s whyMomentum, value, or quality? A fund’s style could be decisive for your portfolio.
Which mutual funds are scoring high on value, quality and momentum factors: Insights from Share.Market’s MF scorecardPPFAS Mutual Fund: Based on Share.Market’s CRISP Mutual Funds Scorecard, funds with high exposure to Value and Momentum styles outperformed...
Cut retail pie in large IPOs: Investment banks to SebiCompanies such as Tata Capital, LG Electronics India, HDB Financials, ICICI Prudential AMC, Lenskart, Manipal Hospital, PhonePe, among othe...
Jio Financial crosses Rs 2 lakh crore barrier as share price jumps 22% in 1 weekShares of Mukesh Ambani's Jio Financial Services rallied 14.5% to a fresh peak of Rs 347, crossing the Rs 2 lakh crore market cap mark. Jio...
Jio Financial Services shares drop over 7% on denying Paytm wallet acquisition talksJio Financial shares ended 14% higher on BSE on Monday following a media report stating that Jio has been in talks to buy the Paytm wallet ...
Fintechs cornering SIP business as direct mutual funds gain groundData from last year, sourced from asset management companies, showed that on an average SIPs through platforms such as Groww, PhonePe and E...
India strategically important for us, says NTT Global CEO Abhijit DubeyJapan’s Nippon Telegraph and Telephone (NTT) Group views India as a strategically important market that houses its second largest employee ...
To charge or to keep free, direct mutual fund players fret over this core questionSebi has allowed direct platforms to become EOPs and create a revenue channel for the services they offer, but startups are unsure how to l...
TCS reports weaker than expected Q4 numbers; PhonePe chalks up another $100m from GA, more expectedTata Consultancy Services (TCS) said its net profit for the final quarter of fiscal 2023 rose 15% on-year, but India’s largest software exp...
Several players are awaiting mutual fund licenses. Should you rush to invest your money?Emkay Global Financial Services and Abira Securities filed for mutual fund licenses this week. Similarly many new-age fintechs have applied...
Groww raises fresh funds as valuation triples in six months to $3 billionGroww is part of a group of high-growth startups that have raised back-to-back financing at steep valuations this year, cornering a large c...
PhonePe revenue up 85%, losses down 44% in FY21PhonePe, which competes with Paytm, Google Pay and Amazon Pay, has reported marginally lower net loss of Rs 1,727 crore for the period.
New auto-debit rule: How to use BHIM UPI app's auto-pay facility to make recurring paymentsHere is a look at how UPI users can use the auto-pay facility set up an e-mandate to make recurring payments linked to debit and credit car...
4 reasons why Birla AMC’s IPO may not see great interest that it ought to haveThe unofficial grey market, often seen as a proxy to the mood in the IPO mart, has been lukewarm in its response to the Birla IPO so far. T...
Exclusive interview with Prosus CEOToday we bring you an exclusive interview with Bob van Dijk, CEO of Prosus, which announced on Tuesday that it would pay a whopping $4.7 bi...
PhonePe mulls own mutual fund business applicationCEO Sameer Nigam says the company can do scant little to reduce UPI market share. PhonePe has emerged as the largest UPI app with over 45% ...