mutual fund

Monarch Alternative Investment Fund (AIF) has raised Rs 252 crore in its second closed-ended cat-3 equity AIF fund. The money was raised from a set of ultra-high net worth individuals, corporates, and family offices. The first fund was…

MUMBAI: LIC Mutual Fund, having missed the growth bus in the past three decades of operations, is on a catch-up bid and has set a target of crossing the Rs 1-lakh-crore AUM (Assets under Management) mark in the next five years. The past…

What happens when a country produces less but consumes more of something? The country ends up importing it. And if the imported item keeps getting more expensive, the country ends up paying more and more to import it. Not a desirable…

By Ashley Coutinho The Securities and Exchange Board of India’s (Sebi) draft proposals to bring transactions in mutual fund units under the ambit of insider trading norms may curtail the investment options for mutual fund employees…

Bank stocks are now looking attractive with multiple falling below the long-term average for the sector, said Prashant Jain, ED & CIO, HDFC AMC. In a webinar, Tuesday evening, Jain said that he now only finds valuations attractive…