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Source: Live Mint Prior to investing in a mutual fund, investors are advised to evaluate the performance of different schemes in the same category to gauge their historical performance. This not only gives investors a peek into the scheme’s historical performance but also tempers their expectations of its future performance. For instance, when a scheme,…
Source: Live Mint Read this | AIFs face risk of large investors moving away as Sebi tightens rules Compared to Mutual Funds (MFs) with assets under management (AUM) worth around ₹67 trillion, AIFs clearly have a long way to go. However, the sector’s growth is hindered by myths that often stem from anecdotal evidence, oversimplification,…
Source: Live Mint Now, that might sound like a lot, but let’s put it into perspective. India’s average savings rate is roughly 20%, which translates to about $500 billion saved annually. So, compared to the annual savings, the mutual fund AUM wasn’t as hefty as one might think. This indicated a significant growth opportunity. The…
Source: Business Standard 4 min read Last Updated : Oct 15 2024 | 12:57 PM IST HDFC AMC share price: HDFC Asset Management Company (AMC) share price hit a record high of Rs 4,573.85, gaining 2 per cent on the BSE in Tuesday’s intraday trade. HDFC AMC shares were trading higher in an otherwise…
Source: Business Standard 3 min read Last Updated : Oct 07 2024 | 3:46 PM IST Shares of Bajaj Housing Finance tanked 10 per cent to Rs 135.65, hitting its lowest level since listing, on the BSE in Monday’s intra-day trade amid heavy volumes. The stock of housing finance company (HFC) made its…
Source: Business Standard 4 min read Last Updated : Oct 01 2024 | 1:11 PM IST Shares of IIFL Securities hit a new high of Rs 372, having rallied 8 per cent on the BSE on Tuesday’s intra-day trade amid heavy volumes in an otherwise subdued market on expectations of strong earnings growth. Since April,…
Source: Live Mint There is a view that in the growing pie of savings and investments, banks are losing out to mutual funds. That may be happening in the margins as India’s equity market has been on a bull run. But let us look at the big picture. While individuals are moving towards financialization of…
Source: Business Standard Preqin data shows that private equity exit volumes in India reached 85 in 2023 and 46 by mid-2024. Image: Bloomberg 2 min read Last Updated : Sep 26 2024 | 11:38 AM IST India’s private debt market will have more than $18 billion in assets under management (AUM) by the end…
Source: Business Standard 2 min read Last Updated : Sep 13 2024 | 7:14 PM IST Moneyboxx Finance, a NBFC providing business loans to micro entrepreneurs, on Friday said it raised Rs 176 crore to support growth plans. In a filing to BSE, the company announced the allotment of equity shares and warrants…
Source: Live Mint ESOP 2024: Poonawalla Fincorp Limited on September 11 announced the grant of 300,000 stock options under its Employee Stock Option Plan-2024 – Scheme-II (ESOP-2024 – Scheme-II). The Nomination and Remuneration Committee of the Board approved this grant on September 10, 2024, with an exercise price set at ₹382.63 per option. The options…
