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Kotak AMC files for new multicap fund

MUMBAI, Jan. 22 -- Kotak Mahindra Asset Management Company (AMC) has filed papers with the Securities and Exchange Board of India (Sebi) for a new multi-cap fund. This, when its existing Kotak Standar... Read More


Average investor holds 9 mutual funds in portfolio: Kuvera report

New Delhi, Jan. 21 -- A report released by direct mutual fund platform Kuvera on Thursday showed that the average mutual fund investor on the platform holds as many as 9 schemes in his or her portfoli... Read More


Procedural deviations in Franklin e-voting, only 38% turnout: report

Mumbai, Jan. 20 -- A regulatory observer for the electronic voting on the winding up of six Franklin Templeton mutual fund schemes has criticized some aspects of the voting process. The report from T... Read More


Observer's report shows 38% turnout in Franklin e-voting, procedural deviations

New Delhi, Jan. 20 -- A report submitted by TS Krishnamurthy, the observer appointed by Sebi in the recently concluded Franklin Templeton eVoting showed that 115,419 votes were cast, roughly 38% of th... Read More


Why ether is rising faster than bitcoin in 2021

New Delhi, Jan. 20 -- The world's second largest cryptocurrency ether (the token powering the Ethereum network) has almost doubled its price since the start of this year from around $750 to break abov... Read More


Should you be investing in US equity markets?

New Delhi, Jan. 19 -- An array of new mobile apps and portals have made investing in the US markets a breeze. High returns from US stocks such as Tesla and FAANG (Facebook, Amazon, Apple, Netflix and ... Read More


Past budgets have tossed around tax rules for MF investors

New Delhi, Jan. 19 -- Saving and investing has become a complex mesh of products, tax rules and cost structures for the Indian investor. Each successive budget has added a new layer of complexity rath... Read More


Ten terms to know if you plan to invest in crypto markets

New Delhi, Jan. 18 -- Before entering the cryptosphere, it is important to understand the common terminologies and abbreviations. If you don't, the complex world of cryptocurrencies may be even more d... Read More


How India's cryptocurrency exchanges are countering dirty money

New Delhi, Jan. 18 -- Bitcoin and other cryptocurrencies are often used by criminals to launder money. Despite lack of regulation, India's crypto exchanges deploy certain KYC and anti-money laundering... Read More


Financing India's growth revival

New Delhi, Jan. 18 -- The pandemic has plunged the Indian economy into a contraction, and government revenues have taken a major hit. Supporting the country's nascent economic recovery will require a ... Read More