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SIP: Rs 10,000 monthly SIP in this children-oriented mutual fund scheme turned into Rs 1.90 crore since 2001

ICICI Pru Child Care Fund-Gift Plan focuses on funding childrens education with high returns. A Rs 10,000 monthly SIP grew to Rs 1.90 crore since its inception on August 31, 2001, outperforming category returns. It blends equity and debt instruments, with notable exposure in telecom services.
Bal Bhavishya Yojna Reg Bharti Airtel Crisil Balanced Fund Magnum Children Benefit Fund Pru Child Care Fund Icici Pru Child Care Fund

SIP: Rs 10,000 monthly SIP in this children-oriented mutual fund scheme turned into Rs 1.90 crore since inception

ICICI Pru Child Care Fund-Gift Plan focuses on funding childrens education with high returns. A Rs 10,000 monthly SIP could grow to Rs 1.90 crore, outperforming category returns. It blends equity and debt instruments, with notable exposure in telecom services.
Bal Bhavishya Yojna Reg Surbhi Khanna Bharti Airtel Icici Pru Child Care Fund Crisil Balanced Fund Magnum Children Benefit Fund

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Dhruva Advisors: Should investors worry about India-Mauritius tax treaty amendments? Punit Shah answers

โ€‹There is another provision like principal purpose test or MLI which further requires that the FPIs or any other investors which are based in Mauritius need to have a commercial rationale or a justification to be organised or to be based in Mauritius.
Punit Shah Offering College Indian School Of Business Leadership Excellence Product Officer Dhruva Advisors

Alternative Investment Funds: Alternative Investment Funds: Better late than never

Unlike the earlier circular, which provided that in case of exposure to AIFs with subordinate units, the entire provisioning may have to be made to Tier 1 entirely. It has now been clarified that it should be done equally across Tier 1 and Tier 2. This should help dilute the harsh effect of such provisioning for REs to an extent since Tier 1 capital is dear for various reasons.
Fund Of Funds Fo Cumulative Convertible Preference Shares Compulsorily Convertible Debentures Alternative Investment Funds Aif Industry Rbi Circular

Inflows into equity mutual funds surged for 35th month in a row: Report

Equity funds saw a 28 per cent surge in inflows, reaching โ‚น21,780 crore in January. This marked the 35th consecutive month of positive inflows into equity funds, starting from March 2021, stated the Vintage Wealth Products Report for February.
Uttar Pradesh Tata Small Cap Fund Quant Flexi Cap Fund Kotak Emerging Equity Fund Kerala Infra Investment Fund Board Uttar Pradesh Power Corporation Ltd

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