HSBC-L&T Mutual Fund Merger
HSBC Mutual Fund will be managing the assets of L&T Mutual Fund with effective from 26 November, and as a result of the acquisition the merged L&T Mutual Fund schemes…
Nifty ends around 17,000
The Nifty has been in a short term correction mode for the last couple of weeks. On September 26, it had a gap down opening on account of the global…
RBI may raise repo rate by 50 bps
The Reserve Bank of India is likely to deliver a fourth consecutive policy rate hike this week, with a half-percentage point increase, joining global central banks that are raising rates…
MFs add 70 lakh investor accounts in first 5 months of FY23
With increase in digital access and growing awareness about mutual funds, asset management companies (AMCs) have added close to 70 lakh investor accounts in the first five months of the…
Kotak Mutual Fund rolls out business cycle fund
Kotak MF has launched Kotak Business Cycle Fund. The scheme will invest in sectors and stocks which show signs of growth in the business cycle. The minimum investment for NFO…
Nippon Life AMC & DWS to Launch Bond ETF
Nippon Life India Asset Management (Singapore) Pte. Ltd. (wholly owned subsidiary of Nippon Life India Asset Management Limited) on Monday said that through collaborating with DWS, it is providing portfolio…
ICICI PRU to Launch NFO
ICICI Prudential Mutual Fund is scheduled to launch a PSU equity fund on Tuesday, an open-ended equity scheme that will predominantly invest in equity and equity related instruments of public…
Delhi-Mumbai Expressway To Propel Economic Growth In Maharashtra
Union Road Transport and Highways Minister Nitin Gadkari has said that the under construction Delhi-Mumbai Expressway, the Nagpur–Mumbai Samruddhi Mahamarg and a number of new road projects will propel further…
India shown consistent improvement in economic performance in last 4 years
Despite the massive disruptions in both demand and supply side factors as caused by the COVID-19 pandemic and further geopolitical distress, India is the only economy among the top ten…
WhiteOak Capital Mutual Fund launches its first scheme
White Oak Capital MF is a recent entrant to the Indian Mutual Fund industry. The AMC recently acquired Yes AMC also. Aashish Somaiyaa is the CEO of WhiteOak Capital Mutual…