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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…