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SBI MF IPO: Can Zerodha, Groww and other digital-first funds threaten India’s largest AMC in $1 trillion race?As SBI Funds Management heads for its Rs 11,693-crore IPO, the rise of digital-first platforms like Zerodha and Groww is reshaping India's ...
Nithin Kamath's remarks spark public spat between Zerodha and Groww over direct mutual fundsZerodha's Nithin Kamath and Groww are debating direct mutual fund offerings publicly. Kamath reiterated Zerodha's commitment to free direct...
NFO Insight: Can the NJ Momentum Fund help investors capture market momentum?NJ Mutual Fund has launched the NJ Momentum Fund, an NFO that seeks to capture strong price trends through a rules-based momentum strategy ...
SBI to sell 1.42% stake in SBI Funds in pre-IPO dealState Bank of India is selling a stake in its asset management unit. This pre-IPO placement provides an early valuation benchmark for the c...
Groww responds to Nithin Kamath tweet: Direct mutual funds remain free for DIY investorsGroww assures investors direct mutual funds remain free for do-it-yourself users. The platform stated its commitment to zero-commission off...
Zerodha will keep direct mutual fund plans for free, says Nithin KamathZerodha founder Nithin Kamath reaffirmed the company’s commitment to offering direct mutual funds free of charge. He said Coin has helped i...
SBI MF confident of IPO despite volatilities; aims to double foreign book in 3 yearsSBI Funds Management is confident its Rs 11,600-crore IPO will succeed despite market volatilities. The asset manager aims to double its in...
Best tax saving mutual funds or ELSS to invest in July 2026Taxpayers often invest in ELSS funds for Section 80C deductions. These funds offer potential for higher returns over the long term. ELSS sc...
EPFO to transfer Rs 1.4 lakh cr in interest to 340 million members by July 15The Employees' Provident Fund Organisation will auto-process 8.25% interest for FY26 by July 15. This credit will be applied to nearly 340 ...
FCNR-B flows taper as higher costs trip math for double-digit returnsIndian banks are experiencing a slowdown in special foreign currency deposit collection. Rising overseas borrowing costs are impacting bank...
NPS latest update: Central Autonomous Body employees can now choose 2 additional NPS investment optionsCentral government employees now have two new investment choices. These options were previously available only to central government employ...
Govt extends additional investment choices under NPS to autonomous bodiesThe government has extended additional National Pension System investment choices. These options are now available to employees of central ...
BlackRock to launch Nasdaq-100 ETF as AI rally pulls investors into tech stocksBlackRock is launching the iShares Nasdaq 100 ETF to capitalize on strong demand for AI-driven technology stocks. The fund will compete wit...
Neuberg readies for IPO in FY28, to seek up to Rs 4,000 crNeuberg Diagnostics plans an initial public offering in fiscal year 2028. The company aims to raise approximately ₹3,500-4,000 crore. A pre...
Global Market: Standard Chartered partners with BlackRock to launch APAC multi-asset fund for wealth clientsStandard Chartered has teamed up with BlackRock to introduce a new investment fund for Asia Pacific. This multi-asset offering, named Signa...
NFO Insight: Can AlphaGrep's algorithm-driven multi-asset fund deliver better risk-adjusted returns?AlphaGrep Mutual Fund has launched its first fund, the AlphaGrep Multi Asset Allocation Fund, employing a unique algorithm-driven approach....
JioBlackRock to offer full MF bouquet in 3 years; plans more SIFs, ETFs, GIFT City productsJio BlackRock is set to significantly expand its mutual fund offerings over the next three years, venturing into more specialized investmen...
New fund offer: 8 mutual funds and 2 SIFs are now open for subscription. Check detailsAround eight mutual funds and two specialised investment funds (SIFs) are currently open for subscription across categories including hybri...
NFO Insight: Can JM Multi Asset Allocation Fund help investors navigate uncertain market?JM Financial Mutual Fund has launched the JM Multi Asset Allocation Fund, aiming to provide long-term capital appreciation and income by in...
NFO Alert: JM Financial Mutual Fund launches multi asset allocation fundJM Financial Mutual Fund has launched its new JM Multi Asset Allocation Fund, an open-ended scheme designed for long-term wealth creation. ...