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Bank deposits lose out as households shift to MFs, equity

MUMBAI, Jan. 30 -- Bank deposits have steadily lost prominence in Indian households' financial savings as mutual funds and equities capture a larger share. Bank deposits now account for just 35% of an... Read More


Bank deposits shrink in household savings as MFs, equities gain ground: Economic Survey

MUMBAI, Jan. 29 -- Bank deposits have steadily lost prominence in Indian households' financial savings as mutual funds and equities capture a larger share. Bank deposits now account for just 35% of a... Read More


Nifty slumps most in 8 months

mumbai, Jan. 21 -- Global trade jitters erased investor wealth by a staggering Rs.9.86 trillion on Tuesday, as the Nifty index plunged the most in eight months. In the background, tariff tensions rose... Read More


Trade tussle takes toll, Nifty logs worst fall in eight months

New Delhi, Jan. 20 -- Global trade jitters erased investor wealth by a staggering Rs.9.86 trillion on Tuesday, after the Nifty plunged the most in eight months. In the background, tariff tensions rose... Read More


Trade tussle takes toll, Nifty logs worst fall in seven months

New Delhi, Jan. 20 -- Global trade jitters erased investor wealth by a staggering Rs.9.86 trillion on Tuesday, after the Nifty plunged the most in seven months. In the background, tariff tensions rose... Read More


Why NJ mutual fund has struggled to scale despite the backing of one of India's largest distributors

New Delhi, Jan. 20 -- With India's second-largest mutual fund distributor as its parent, NJ Mutual Fund had a readymade launchpad that most entrants only dream of. Yet, more than four years after its ... Read More


Commissions trump advice in India's booming wealth management business

New Delhi, Jan. 13 -- India's wealth management sector is sticking to lucrative commissions over more transparent advisory fees, even a decade after the regulator pushed for a shift. Industry executiv... Read More


With an army of agents at its disposal, LIC Mutual Fund plans a comeback

New Delhi, Jan. 8 -- Unlike private asset management companies' offices, which often have a sleek, minimalist aesthetic, LIC Mutual Fund's workspace looks exactly like you'd expect of a government-own... Read More


Exports, the rupee and FII flows: Mirae Asset CIO on what's driving markets now

New Delhi, Dec. 22 -- MUMBAI: A weaker rupee may benefit Indian exports, but its impact is far less decisive than it once was. India's export basket has become structurally less price-sensitive, drive... Read More


India's mutual funds want hedge-like strategies. The talent isn't ready

MUMBAI, Dec. 18 -- Mutual funds, whose plans to launch specialized investment funds (SIFs) are progressing slowly due to a shortage of skilled managers, are hiring expertise for running long-short str... Read More