A strong net inflow by foreign portfolio investors (FPIs) in September has turned their total secondary market investment in Indian equities positive for the calendar year so far to $4,140.3 million (Rs 34,554 crore) compared with a net outflow of $1,417 million (negative Rs 11,998 crore) at the end of August. According to the data … Read more
Multibaggers Kfin Technologies and Computer Age Management Services (CAMS) are in a sweet spot, notwithstanding the stellar rally in the stocks in the last one year. The duopolistic nature of their business as Registrar and Transfer Agencies (RTAs) along with the booming domestic mutual fund growth story, discounts the current rich valuations and a potential … Read more
Nazara Technologies, India’s leading diversified gaming and sports media company, announced its largest fundraise of Rs 900 crore to boost its growth trajectory. The company’s board has approved the fundraising through a preferential equity, subject to shareholder and regulatory approvals. This capital infusion will fuel strategic acquisitions, fund business expansion, and enhance the company’s ability … Read more
Want to track your mutual fund performance but unsure where to begin? Fret not!—ET Markets has got your back! In a special episode of ET Smart Investor, we sat down with Arun Kumar, VP & Head of Research at FundsIndia, to get expert insights on the best methods for monitoring fund performance. Excerpts: What’s the … Read more
Are some private equity (PE) and venture capital (VC) investors more equal than others? The capital market regulator has asked several funds to reveal the names of investors who have been offered beneficial terms by the funds and have representation on the funds’ investment committees. Many PE and VCs – or, alternative investment funds (AIFs), … Read more
Reflecting the growing trend of investing in IPOs for listing gains, a Sebi study shows that 54% of IPO shares are sold within a week from listing by non-anchor investors. Based on data from 144 mainboard IPOs listed between April 2021 and December 2023, the study found that about 54% of IPO shares (in value … Read more
Indian Railway Finance Corporation Share Price 179.94 04:08 PM | 29 Aug 2024 -1.03(-0.57%) One97 Communications Share Price 554.5 04:08 PM | 29 Aug 2024 16.5(3.07%) YES Bank Share Price 23.73 03:59 PM | 29 Aug 2024 -0.24(-0.96%) ITC Share Price 505.1 04:08 PM | 29 Aug 2024 7.81(1.57%) HDFC Bank Share Price 1638.55 04:08 … Read more
There is a need to create a balance which caters to both tech-savvy investors and those who prefer physical interaction in the mutual fund space, Kotak Mahindra Asset Management Company Managing Director Nilesh Shah said on Thursday. He also advised the industry to avoid creating a digital environment that could lead to digital exclusion or … Read more
Bajaj Auto Ltd on Monday said it will need to increase its provision for deferred tax by Rs 211 crore due to the withdrawal of indexation benefit and change in the tax rate on long-term capital gains on debt mutual fund. The company invests its surplus funds into a range of asset classes, including debt … Read more
Samir Arora, Founder, Helios Capital, says we cannot let go of pockets of flow by just believing that we are getting Rs 20,000 crore a month. The SIP numbers are good, but they are not what you think are. The actual net flows are not Rs 20,000 crore or more per month, they are only … Read more
