Breaking News Archives - Page 119 of 133

29 Apr

NFO: Motilal Oswal MF launches infrastructure fund

MFNewsBrands, Breaking News, Business, Mutual Funds, Shares

#MotilalOswalMFinfrafund The NFO is currently open and will close on May 7, 2025 Chandigarh: Motilal Oswal Mutual Fund has launched Motilal Oswal Infrastructure Fund, an open-equity fund. The fund will invest in companies engaged directly or indirectly in infrastructure sector. Ajay Khandelwal, Fund Manager – Equity, Atul Mehra, Fund Manager – Equity, Bhalchandra Shinde Associate Fund Manager – Equity, Rakesh Shetty Fund Manager Debt and Sunil Sawant, Fund Manager - Overseas Securities will co-manage the fund. In a press release, Prateek Agrawal, MD & CEO, Motilal Oswal MF said, "India's infrastructure growth is gaining momentum. Motilal Oswal Infrastructure Fund provides…

29 Apr

NFO: Edelweiss MF launches Edelweiss BSE Internet Economy Index Fund

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions

#EdelweissMFBSEInternetFund The NFO opens on April 25 and closes on May 9. Chandigarh: Edelweiss Mutual Fund has launched Edelweiss BSE Internet Economy Index Fund, an open-ended index fund replicating the BSE Internet Economy Total Return Index. Currently, the index comprises the top 20 companies selected from the BSE 500 based on their six-month average market capitalisation. The index spans 11 sub-industries, including e-retail, internet and catalogue retail, e-learning, digital entertainment, financial technologies and other digitally driven sectors, offering investors targeted exposure to internet-led growth story. Moreover, the index consists only of Internet Economy-linked stocks, having no allocation towards IT and…

29 Apr

Canada Elections: Liberals projected to return to power with fourth consecutive mandate

MFNewsBreaking News, Opinions, Travel

#CanadaElections Mark Carney Wins and Next PM Jagmeet Singh resigning as NDP Leader, Lost his Seat Ottawa: Mark Carney, the former central banker who sought elected office for the first time, led the Liberals to a victory Monday in an election that was upended by Donald Trump’s trade war and musings about annexation amid persistent concerns about spiralling cost of living. Canadians gave the Liberal Party its fourth mandate since 2015 but the race against the Conservatives was much tighter than polls predicted. At 11:55 p.m., Liberals were leading or elected in 162 ridings and the Conservatives in 149. Like…

28 Apr

Long-duration bonds are back for Investment

MFNewsBreaking News, Mutual Funds, Opinions

#BondsforInvestment Mumbai: With interest rates falling and economic signals aligning just right, long-duration mutual funds are looking like the smart, strategic play. One of the golden rules of fixed income is simple: when interest rates fall, bond prices rise. But here is the nuance—longer-duration bonds benefit more from this trend than shorter ones. The Reserve Bank of India (RBI) has cut the repo rate by 50 basis points this year, bringing it down to 6%, and more importantly, shifted its stance from ‘neutral’ to ‘accommodative.’ With inflation softening and global growth concerns lingering, the market is anticipating up to 50…

27 Apr

Mutual funds are not making profits, are you making these mistakes?

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions

#MFInvestorsmakemistakes Mumbai: Mutual funds have become a very popular investment platform among investors. By investing in it, you can prepare a huge fund for the future. If you too, while investing in mutual funds, we often make some common mistakes. Due to which our profit is reduced or we may have to suffer losses. Let's know about it in detail. Different funds are available for investment in mutual funds. Equity, debt and hybrid are the main ones among them. In this, you can invest through SIP, STP and SWP. Today we are going to talk specifically about SIP. SIP (Systematic…

26 Apr

RBI Fixes ₹9,600 Premature Redemption Price for Sovereign Gold Bonds Maturing April 28

MFNewsBreaking News, Business, Mutual Funds, Opinions

#RBIFixes9600GoldBonds New Delhi: The Reserve Bank of India (RBI) has announced the premature redemption price for the Sovereign Gold Bond (SGB) Scheme, Series I of 2020-21. The redemption is scheduled for April 28, 2025. As per the Government of India’s notification, SGBs can be redeemed prematurely five years after the completion of the issue date, which for this series is April 28, 2020. The premature redemption price has been fixed at ₹9,600 per unit, based on the average closing price of gold of 999 purity for the three business days preceding the redemption date — namely April 23, 24, and…

26 Apr

Canara Robeco Asset Management Company Limited files DRHP with SEBI for an IPO

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#CanaraRobecoAMCIPO Chandigarh: Canara Robeco Asset Management Company Limited, India’s second oldest asset management company (“AMC”) (Source: CRISIL Report) has filed Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). Canara Bank and ORIX Corporation Europe N.V are the promoters of the company. The offer comprises of an Offer for sale of up to 49,854,357 equity shares of face value of ₹10 each, (The “Offer for Sale”) including up to 25,924,266 equity Shares by Canara Bank; and up to 23,930,091 equity Shares by ORIX Corporation Europe N.V (“Promoter Selling Shareholders”). Canara Robeco Asset Management Company Limited’s primary activities…

25 Apr

Big Change for investors from June 1: SEBI revises cut-off timing for overnight mutual funds

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology

#SEBIBigChangeJune1formutualfunds Chandigarh: The Securities and Exchange Board of India (SEBI) has notified a change in the cut-off timing used to determine the applicable Net Asset Value (NAV) for redemptions in overnight and liquid mutual fund schemes. The new timings will take effect from June 1, 2025. This move is linked to SEBI’s ongoing efforts to strengthen the safety of client funds held with brokers and clearing members. Earlier, mutual fund houses applied the NAV based on a uniform cut-off time across channels. Now, SEBI has introduced separate cut-off timings for online and offline redemption requests in overnight schemes. Redemption requests submitted…

25 Apr

Ather Energy Limited: Initial public offering to open on Monday, April 28, 2025

MFNewsBrands, Breaking News, Business, Health, Mutual Funds, Shares, Technology

#AtherEnergyIPOon28April · Price Band fixed at ₹ 304 per equity share to ₹ 321 per equity share of the face value of ₹1 each (“Equity Shares”) of Ather Energy Limited (the “Company”) Chandigarh: Ather Energy Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹1 each (“Equity Shares”) on Monday, April 28, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Friday, April 25, 2025. The Bid/ Offer Closing Date is Wednesday, April 30, 2025. The Price Band of the Offer has been…

24 Apr

Gold has given over 35% returns since last Akshaya Tritiya

MFNewsBreaking News, Business, Mutual Funds, Opinions

#Goldat1lakhreturnhigh Prices have touched the symbolic ₹1 lakh mark for 24K gold per 10 grams New Delhi: Gold has rewarded those who invested last Akshaya Tritiya with substantial gains. But with prices at record highs and volatility lurking, experts recommend a measured approach—whether you're looking to sell or buy. If you bought gold on Akshaya Tritiya in 2024, you’re likely sitting on over 35% gain today. According to Puja Singh, CEO of Manipal Fintech, 10 grams of gold bought around ₹73,000 last year is now valued at nearly ₹1 lakh. “The rally has been impressive, outperforming most other asset classes,”…