New Delhi [India], November 17: When a mutual fund house introduces a new scheme to the market, it does so through what is called a New Fund Offer (NFO). This is the phase when investors may subscribe to a fund at its initial offer price, generally Rs. 10 per unit for equity and hybrid funds
Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey on Friday highlighted the growing confidence of Indian investors in the country's capital markets, noting a significant increase in participation.
The firm said it was encouraged by "healthy core growth" and "rising option value across wealth, lending and international segments," adding that Paytm remains its "preferred pick among fintechs."
A challenging external environment coupled with the continuing impact of tariffs is expected to keep future growth estimates subdued, according to a report by SBI Mutual Fund.
New Delhi [India], November 12: Trusted since 1994, NJ Wealth has become a leading platform in the mutual fund distribution industry, helping distributors build successful businesses while serving millions of families across India and globally. With its robust technology-driven platform, NJ
The domestic growth cycle may be bottoming out, with low interest rates and liquidity cycles, a decline in crude oil prices, and a normal monsoon--all supportive of stronger growth prospects for the Indian economy in the coming months, according to a report by HSBC Mutual Fund.
Pune (Maharashtra) [India], November 10: The financial sector plays an important role in supporting economic activity. It includes banks, non-banking financial companies (NBFCs), insurance providers, asset management companies, and fintech firms. Together, these entities facilitate essential
Bangalore (Karnataka) [India], November 10: Creddinv Technologies Pvt Ltd has announced the completion of its first year of operations as India's only platform dedicated to enabling direct cap table investments in startups. Over the past year, the platform has expanded to include a community
Starting Systematic Investment Plans (SIPs) at the top of a market cycle can lead to higher absolute wealth creation in rupee terms compared to SIPs that begin at the bottom, even though percentage returns may be marginally higher for the latter, according to a report by WhiteOak Capital.
State Bank of India (SBI) on Thursday announced its decision to divest 3,20,60,000 equity shares, being equivalent to 6.3007 per cent of total equity capital of SBI Funds Management Limited (SBIFML) through Initial Public Offering (IPO), subject to regulatory approvals.
Domestic Mutual Funds (MFs) are rapidly closing the gap with Foreign Institutional Investors (FIIs) in their shareholding of companies listed on the National Stock Exchange (NSE), according to data released by primeinfobase.com, an initiative of PRIME Database Group.
Mumbai (Maharashtra) [India], November 5: PPFAS Mutual Fund, today, announced the appointment of Vikas Gandhi as its new Chief Financial Officer (CFO), effective November 4, 2025.