Tracking paths of midcap, smallcap funds through their 6-year journey | Mutual Fund – Top Stories

Smallcap and midcap funds are in the spotlight. There are heated arguments on whether they have peaked or there is more steam left in them. Are they attracting more than their fair share of inflows? Will they be able to meet the redemption requests in case of a sudden fall in markets?  … Continue reading Tracking paths of midcap, smallcap funds through their 6-year journey | Mutual Fund – Top Stories

Self-serving politics of BJP: Cong slams for withholding funds for K'taka

The Congress on Monday accused the Modi government of withholding funds that should “rightfully” go to Karnataka, saying the people of the state are being made to pay the price just because they exercised their democratic right to elect a Congress government. Congress general secretary in-charge, communications, Jairam Ramesh alleged that Prime Minister Narendra Modi… Continue reading Self-serving politics of BJP: Cong slams for withholding funds for K'taka

FM rubbishes K’taka’s claim of injustice in fund’s release from Centre | Lok Sabha Elections News

”In these 10 years of BJP rule, the grants-in-aid have also increased to 273 per cent, which is 3.7 times more than what it was the previous 10 years,” she claimed. Union Finance Minister Nirmala Sitharaman on Sunday rubbished the Karnataka government’s claim that the Centre was not releasing its due share of special… Continue reading FM rubbishes K’taka’s claim of injustice in fund’s release from Centre | Lok Sabha Elections News

China is losing out as global funds chase returns in Japanese stocks

By John Cheng and Winnie Hsu   Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s prospects clouded by long-running concerns about economic growth and geopolitical tensions with the West.   Foreign buying of Japanese equities has exceeded that of Chinese peers for… Continue reading China is losing out as global funds chase returns in Japanese stocks

BLS E-Services files draft papers with Sebi to garner funds via IPO

The IPO comprises a fresh issue of 2.41 crore equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Friday. BLS E-Services Ltd has filed draft papers with capital markets regulator Sebi to mobilise funds through an initial public offering (IPO). The company is… Continue reading BLS E-Services files draft papers with Sebi to garner funds via IPO

Go first looking to raise more funds, resume services with fewer aircraft

Go Airlines India Ltd, the entity that operates Go First Airlines is looking to collect around Rs 600-700 crore and begin its services with fewer flights than originally planned, Mint reported. “We have revised our original plan. We may resume flight operations with 10-15 aircraft but go for higher interim financing from the… Continue reading Go first looking to raise more funds, resume services with fewer aircraft

Commission payout by top 10 mutual funds up 14% in FY23, shows data

The commission paid out to distributors by the top 10 fund houses surged 14 per cent in 2022–23 (FY23) to Rs 8,807 crore, as a sustained rise in flows from the systematic investment plan route lifted distributors’ share in the assets under management (AUM). This information is according to the commission disclosure reports released… Continue reading Commission payout by top 10 mutual funds up 14% in FY23, shows data