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September 1, 2023
Out of Rs 7,832 crore paid out as commission by the top 10 bank-sponsored mutual funds, Rs 1,862 crore, or around 24 percent, went out to their parent banks. This is also because the large branch network of many parent banks helps attract inflows
August 29, 2023
The Employees Provident Fund Organisation (EPFO) made its maiden investments in the National Stock Exchange Nifty50 and the S&P BSE Sensex exchange-traded funds (ETFs) offered by Nippon India and ICICI Prudential (IPru) in July. These two fund houses are now in the company of public sector bank-linked players SBI Mutual Fund (MF) and UTI MF, whose products have traditionally been used by the retirement fund body. EPFOs investment corpus was routed through Nippon and IPru nearly three months afte...
August 23, 2023
It’s been a little over a year since a massive front-running scandal erupted at Axis Mutual Fund. The firm has since set its house in order and is now readying for a fresh innings.
July 24, 2023
India News: MOTIHARI: Two Chinese citizens were arrested by immigration officials on Saturday evening at Raxaul integrated check-post (ICP) on the Indo-Nepal bord.
July 24, 2023
Two Chinese citizens were arrested by the immigration officials at Raxaul integrated checkpost (ICP) on Indo-Nepal border for not having valid docume
July 23, 2023
According to immigration officers, both were trying to enter the Indian territory through Raxaul ICP illegally for the second time. Both had earlier b
July 13, 2023
Dhirendra Kumar, Chief Executive Officer, Value Research says massive inflows into index funds were creating a kind of self-fulfilling prophecy where the inflows are driving the indexes higher, which in turn is attracting more inflows.
July 13, 2023
Our specially curated package of the big stories to help you stay at the top of your game
July 7, 2023
Farmers in Maharashtra, Uttar Pradesh and Bihar say they have delayed sowing as there was lower rainfall than needed for sowing in June. This uncertainty in weather patterns dissuades their next generation from the profession, they say
June 30, 2023
Utthan Shambhunath Institutions has proved itself by producing jobs in renowned and selected companies while maintaining the growth in placements