These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 28%There are two ways to deal with the kind of uncertainty the US-Iran war has brought to the stock market. First, you could just sit it out a...
PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...
Suzlon Energy among 9 stocks flashing bullish signals, hinting at possible uptrendA White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest for a given period...
PMS Tracker: March meltdown ensured 97% of strategies sank up to 22%; Money Grow, ASK Investment bled the mostIndian PMS strategies suffered steep losses in March, with 97% delivering negative returns amid a war-led market selloff. Small and midcap ...
Debt mutual funds record big outflows of nearly Rs 3 lakh crore. Are safer options losing appeal?Debt mutual funds saw a massive Rs 3 lakh crore outflow in March. This sharp reversal followed inflows in February. Liquid funds and overni...
Indian bonds end nearly flat as oil swings drive cautionIndian government bonds ended little changed on Wednesday after a choppy trading session, as crude prices hovered near the $100-per-barrel ...
NFO Alert: Shriram Mutual Fund announces launch of Shriram Money Market FundShriram Mutual Fund has launched the Shriram Money Market Fund, an open-ended debt scheme focused on high-quality money market instruments ...
Mutual fund boom: Your SIPs are powering the rally in these 4 multibagger stocksIndian mutual fund industry's AUM has doubled in 3 years, fueling multibagger returns for AMC stocks like Shriram AMC, HDFC AMC, and Nippon...
Sanlam invests Rs 105 cr for 23% stake in Shriram Group's asset management armSanlam, a major asset manager, has entered the Indian market by investing Rs 105 crore for a 23% stake in Shriram Asset Management Company ...
Shriram AMC to launch Shriram Multi-Asset Allocation Fund on Aug 18The new fund offers the investor the benefit of Long Term Capital Gains Tax at 10 per cent plus surcharge and cess, if they cross Rs 1 lakh...
HDFC AMC, Shriram Finance likely to rise more after big investor exitsHDFC AMC shares rallied 11.28% on Tuesday after Abrdn Investment sold its entire 10.2% stake through open market transactions for ₹4,079 cr...
Shriram Finance, HDFC AMC’s investability weightage increases in FTSE World indexFTSE Russell, the index aggregator, has increased the investability weightages for Shriram Finance and HDFC Asset Management Company in the...
Shriram AMC announces board approval of strategic investment by Mission1 InvestmentsAs part of this transaction, Mission1 will subscribe to compulsorily convertible debentures (CCDs) and warrants within 18 months at a conve...
Shriram AMC announces approval of strategic investment of Mission 1 Investments for 23% stake in the companyShriram AMC, which is part of the Shriram group, said that the move to bring in Mission1 as an investor is part of the Group’s strategy to ...
Shriram AMC to launch two new schemes in current fiscalShriram Asset Management Company is in the process of launching two new schemes - one pure equity and another a hybrid plan with a high deb...
Shriram AMC wants to take the top spot in 5-7 yearsShriram Asset Management Company (AMC) is working on a plan to become the leader of the pack in the mutual fund space in the next 5-7 years.
- Shriram Group to revive defunct mutual fund business
In sharp contrast to moves made by asset management firms to exit India, Shriram Group has decided to revive its defunct mutual fund busine...