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Axis Mutual Fund removes exit load on largecap, flexicap and 1 more scheme; cuts holding period for midcap fundAxis Mutual Fund has revised exit load structures across its equity schemes, removing charges for large-cap, flexicap and large & midcap fu...
Planning a SIP this June? Here are mutual fund options that could suit aggressive investorsAggressive investors planning SIPs in June can consider a mix of flexi-cap, large-cap, mid-cap, small-cap and hybrid funds across investmen...
Zerodha Mutual Fund files draft document with Sebi for two life cycle fundsZerodha Mutual Fund has introduced two new life cycle funds, targeting investors for specific retirement years: 2041 and 2036. These open-e...
5 multicap mutual funds with maximum mid and smallcap exposure. Check detailsMulticap funds are required to allocate at least 25% each to large, mid and smallcap stocks, but some schemes have significantly higher exp...
These 8 flexicap funds have low consistency scores. Do you own any?Eight flexi cap funds exhibited low performance consistency over the last five years, according to CRISIL's Mutual Fund Scorecard. These fu...
Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
PhysicsWallah revises lending strategy, to partner with NBFCs for student loansIn a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending thro...
CCPA slaps fines on PhysicsWallah, McAfee for 'Dark Pattern' practicesIndia's consumer watchdog has fined edtech firm PhysicsWallah and cybersecurity company McAfee. They were found using deceptive interface d...
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
PhysicsWallah dials down schools push after investor uneasePhysicsWallah is shifting its K-12 expansion strategy to an asset-light, online-led model, moving away from capital-intensive school operat...
PhysicsWallah aims to grow revenue by over 30% this fiscal, leverage AI to cut costPhysicsWallah anticipates revenue growth exceeding 30% this fiscal year. The edtech firm plans to utilise artificial intelligence to signif...
ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-yearIndian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 m...
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
upGrad appoints former JioStar executive Mukesh Mundra as CFOupGrad announced the appointment of Mukesh Mundra as its new Chief Financial Officer. Based in Mumbai, Mundra will oversee the company's fi...
UpGrad value pegged at $1.7 billion as Unacademy deal awaits CCI assentUpGrad's valuation hit $1.7 billion, with a confidential report revealing projected profitability for FY26. The edtech firm plans to acquir...
Unacademy’s test prep CEO Sumit Jain quits ahead of upGrad acquisitionSumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 20...