India learns about financial savings while funds hope for mutual benefits281 investor awareness programmes (IAPs) were conducted by AMFI covering 84,818 participants. In the previous year, 33 AMCs had conducted 8...
'A proof of the power of dreams.' Edelweiss MF CEO wins M&T programme's Distinguished Alumni Award at PennRadhika Gupta said that winning the innaugral award was 'surreal'.
Market-linked debentures (MLDs) to lose preferential taxationMLD is a type of debt instrument where the return is not fixed and is based on the performance of an underlying index or security. This und...
Debenture returns to be treated as short-term gains“Income from the redemption of MLDs will be deemed to be short-term gains irrespective of the holding period and will be taxed at the highe...
While investing, be clear about difference between volatility and capital loss“If you have invested at 100, when it goes to 90, it is only temporary because given time it will come back to 105 or 110. But if you sell ...
It's time to consider investing in debt mutual funds"Debt has become an attractive asset class today because of the higher yields amid rising interest rates," said Sankaran Naren, executive d...
Amit Shah: Country indebted to sacrifices of Sikh gurusShah said Prime Minister Narendra Modi wanted to ensure the sacrifice of Sikh Gurus should be carried to every corner of the world and the ...
Limited-edition book with 60 miniature Nathdwara paintings launchedThe coffee-table book, 'Shringara of Shrinathji', is conceptualised by design pioneer Vikram Goyal.
As yields head north, time to exit long duration debt fundsThe 10-year benchmark rose 19 basis points in the last couple of days and touched 6.88%. It has risen by 100 basis points over the last yea...
Bold bets on banking could pay off, feel fund managersFund managers are bullish on the large private sector banks, such as HDFC Bank, ICICI Bank, Axis and Kotak. They believe their strong manag...
PPFAS’ new hybrid fund can deliver better debt returnsAllocation to REITs a plus, but fund house yet to show mettle in fixed income, say advisers
SBI to start monetising assets of Franklin MF's shut schemes next week“Many securities in the portfolio are fairly liquid. The environment has changed as compared to last year, which will ease monetisation,” s...
SBI MF to liquidate remaining assets of Franklin Templeton: SCThe fund house is already in the process of distributing cash worth Rs 9,122 crore in the week beginning Feb 15, as directed by the Supreme...
Supreme Court directs SEBI to appoint observer for Franklin Templeton votingThe voting results and the report of the observer will be submitted to the Supreme Court in a sealed envelope. The redemptions will continu...
SC lets Franklin call a meet to get unitholder nod to wind up 6 plansInvestment advisors said unitholders’ permission will be crucial for an orderly unwinding of the six products. The fund house is likely to ...
Sikh devotees' procession leaves from Delhi for Nankana Sahib: Pak High CommissionThe 'Nagar Kirtan' via Ludhiana and Amritsar would be crossing over to Pakistan on October 31 through the Wagah border. This 'Nagar Kirtan'...
Pharma companies to vendors: Be GST-ready to avoid delay in paymentsMany manufactures who undertake production for Indian as well as multinational drug majors are rushing to put GST infrastructure in place.