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Funds move Sebi to lift cap on foreign investments

mumbai, Oct. 27 -- Mutual funds (MFs) have approached the markets regulator to raise the current $300 million overseas investment limit of an asset management company as Indian investors develop a hei... Read More


Funds move Sebi to lift cap on foreign investments

Mumbai,, Oct. 26 -- Mutual funds (MFs) have approached the markets regulator to raise the current $300 million overseas investment limit of an asset management company as Indian investors develop a he... Read More


Crypto platform makes banking entry in India with co-op credit society tie-up

New Delhi, Oct. 26 -- Cashaa, a London-based online cryptocurrency platform, has tied up with the United Multistate Credit Cooperative Society to provide savings accounts and loans to its customers an... Read More


What the Karnataka HC judgment on Franklin Templeton case means for MF investors

New Delhi, Oct. 25 -- The Karnataka High Court on Saturday pronounced its judgment in the case involving the closure of six Franklin Templeton Mutual Fund debt schemes. The schemes had been frozen on ... Read More


A long-term investor should opt for SGBs

New Delhi, Oct. 25 -- Experts speaking at the Mint Money Conversation, presented by digibank by DBS on Wednesday, picked sovereign gold bonds (SGBs) as an investment vehicle of choice for long-term in... Read More


Wealth of Indian adults rises marginally amid covid outbreak: Credit Suisse

New Delhi, Oct. 24 -- Wealth per adult in India rose 0.6% to USD 17,420, despite covid-19 bringing economic activities across the nation to a standstill with gross domestic product (GDP) contracting 2... Read More


Income tax return filing deadline extended till 31 December

New Delhi, Oct. 24 -- In a notification released today, the Government extended the due date for filing income tax returns for AY 2020-21 (FY 2019-20) from 30th November to 31st December 2020. The dat... Read More


Investors mustn't go just by index valuations

NEW DELHI, Oct. 23 -- Fund managers speaking at the Mint Money Conversations, presented by digibank by DBS urged investors not to be driven by index valuations. A collapse in economic growth has cause... Read More


mf distributors barred from using 52 titles by industry body

Mumbai, Oct. 22 -- The Association of Mutual Funds in India (Amfi) on Tuesday barred mutual fund distributors (MFDs) from using 52 titles including 'adviser', 'financial planner' and 'wealth adviser',... Read More


Foreign liabilities of MFs fell 18% to $9.6 bn in FY20

New Delhi, Oct. 21 -- Mutual funds in India saw their net foreign liabilities drop by 18% in FY20, a Reserve Bank of India (RBI) report published on Tuesday showed. Much of it, however, may have been ... Read More