Economic Times
The 2024 Budget introduced changes to the tax structure, reducing the holding period for equity, overseas, and gold mutual funds from more than 36 mon
Prudent Corporate Advisory Services reported surpassing Rs 1 lakh crore in assets under management by July 26, 2024. This achievement reflects a fivef
Satish Ramanathan, CIO-Equity at JM Financial Asset Management, transitioned from engineering to a successful career in equities. He manages four sign
According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That means these s
"The Board hereby appoints the 1st day of November 2024 as the date on which Securities and Exchange Board of India (Prohibition of Insider Trading) (
SBI Innovative Opportunities Fund is an open-ended equity scheme focused on the innovation theme. The NFO is currently open for subscription and will
SBI Mutual Fund has introduced the SBI Innovative Opportunities Fund, an open-ended equity scheme focused on innovation.
National Pension System provided handsome returns in the last one year. Ten NPS fund managers have completed one year of existence and gave upto 41% r
According to Sebi norms, medium to long term funds have a mandate to invest in debt and money market instruments in such a way that the Macaulay's dur
The analysis revealed 13 equity mutual funds that multiplied investors' wealth over four times in five years. Quant Small Cap Fund was the top perform
Positioned between traditional mutual funds and high-end PMS, the new product will allow investors to take higher risks within the regulatory framewor
In a paradigm shift, the Budget has completely overhauled the capital gains tax framework.
The Budget did not lower taxes for taxpayers who were hoping for increased deductions or more exemptions under Section 80. However, it proposed some c
The robust gain in the asset base was also replicated in the growth of investors in equity mutual funds, with the number of folios closing at 13.3 cro
In 2024, five equity mutual funds provided exceptional returns exceeding 35%. Leading the list were JM Midcap Fund and Quant Value Fund, both achievin
Three mutual fund NFOs opened for subscription, featuring the SBI Innovative Opportunities Fund, Bajaj Finserv Large Cap Fund, and ICICI Prudential Ni
he changes will be effective from August 1. The scheme will be open for subscription across all investment modes without any capping while subject to
LIC MF Healthcare Fund, a healthcare sector based mutual fund, offered 4.71% return in the last week. Old Bridge Focused Equity Fund delivered 4.55% r
In case of equity mutual funds, the units with a holding period of more than 12 months were taxed at 15% (STCG) and 10% (LTCG). These units will now b
When it comes to investing, most investors are on a lookout to generate reasonable alpha over one’s investment journey. Alpha measures a stock's exc
