Mutual Funds

Kalpataru Limited’s initial public offering to open on June 24, 2025

Kalpataru Limited’s initial public offering to open on June 24, 2025

#KalpataruLimitedIPO #IPO #KalpataruIPOon24June #KalpataruIPOOpen ·         Price Band fixed at ₹ 387 per equity share to ₹ 414 per equity share of the face value of ₹ 10 each (“Equity Shares”) of Kalpataru Limited (the “Company”)  ·         A discount of ₹ 38 per Equity Share is being offered to Eligible Employees Bidding in the Employee Reservation Portion.  ·         Bid/ Offer Opening Date – Tuesday, June 24, 2025 and Bid/ Offer Closing Date – Thursday, June 26, 2025 Chandigarh:  Kalpataru Limited (the “Company”), one of the prominent real estate developers in the Mumbai Metropolitan Region of Maharashtra (MMR) and present across all its…
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🏦 AIFs and Wealth Managers Turn to Mutual Funds as SEBI’s SIF Framework Redefines Market Landscape

🏦 AIFs and Wealth Managers Turn to Mutual Funds as SEBI’s SIF Framework Redefines Market Landscape

#AIF  #WealthManagers  #MutualFunds  #SEBI  #NewMutualFunds  #SIF #MFSIF 🏦 AIFs and Wealth Managers Turn to Mutual Funds as SEBI’s SIF Framework Redefines Market Landscape Mumbai, June 18, 2025 — India’s ₹52 lakh crore mutual fund industry is entering a new phase of evolution as alternative investment funds (AIFs), portfolio managers, and wealth management firms increasingly pursue mutual fund licences. This strategic realignment comes in response to changing regulatory dynamics and favorable tax treatment, particularly after SEBI’s rollout of the Specialised Investment Fund (SIF) framework. While the mutual fund industry currently consists of 46 asset management companies, several high-profile entrants are queuing…
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📢 IPO Season Heats Up in H2 2025: NSDL, Tata Capital, HDB Financial Lead the Pack

📢 IPO Season Heats Up in H2 2025: NSDL, Tata Capital, HDB Financial Lead the Pack

#IPO  #IPOH22025  #IPONSDL #IPOTataCapital  #IPOHDBFIN  #IPOINDIA  #IPONSE  #IPOBSE 📢 IPO Season Heats Up in H2 2025: NSDL, Tata Capital, HDB Financial Lead the Pack Mumbai: After a subdued start to the year, India’s primary market is roaring back to life in the second half of 2025, with several high-profile IPOs slated to hit Dalal Street. From financial giants to consumer electronics leaders, a wide range of companies are rushing to go public, buoyed by bullish markets, strong investor sentiment, and regulatory nudges. Among the most anticipated listings are NSDL, HDB Financial Services, Tata Capital, Hero Fincorp, and LG Electronics India—collectively…
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AlphaGrep Gets SEBI Nod to Enter ₹55 Lakh Crore Mutual Fund Market

AlphaGrep Gets SEBI Nod to Enter ₹55 Lakh Crore Mutual Fund Market

#AlphaGrep #AlphaGrepMutualFunds  #AlphaGrepSEBI  #AlphaGrepMF Mumbai: AlphaGrep Securities, a leading global player in quantitative trading, has received in-principle approval from the Securities and Exchange Board of India (SEBI) to sponsor a mutual fund, paving the way for its entry into India’s fast-growing ₹55 lakh crore mutual fund industry. The mutual fund business will be operated through AlphaGrep Investment Management (AGIM), the company’s domestic asset management arm. AGIM already manages over ₹2,000 crore across various investment platforms, including SEBI-registered Category III AIFs, a long-only Portfolio Management Service (PMS), and an offshore AIF housed at GIFT City. Founded in 2010 by Mohit Mutreja and…
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Mirae Asset Launches Nifty India Internet ETF to Tap into Digital Growth

Mirae Asset Launches Nifty India Internet ETF to Tap into Digital Growth

#Mirae #MiraeAssetNFO  #NFO  #MirarNiftyIndiaInternetETF #FUNdTapDigitalGrowth Mumbai: Mirae Asset Investment Managers (India) has announced the launch of the Mirae Asset Nifty India Internet ETF, a thematic exchange-traded fund (ETF) designed to provide investors with exposure to India’s rapidly expanding digital economy. The new offering will track the Nifty India Internet Total Return Index, which captures the performance of companies deriving significant revenues from digital and internet-based business models. The New Fund Offer (NFO) for the ETF will open on June 18, 2025, and close on June 25, 2025. The scheme will reopen for continuous sale and repurchase from July 2, 2025.…
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SBI Slashes Fixed Deposit and Savings Account Rates Effective June 15, 2025

SBI Slashes Fixed Deposit and Savings Account Rates Effective June 15, 2025

#SBI #SBISlashesFDrates  #SBIFixedDeposit #SBIFixedDeposit   #SBiSavingsAccountRates  Mumbai: The State Bank of India (SBI), the country’s largest public sector bank, has announced a significant reduction in interest rates on its savings accounts and fixed deposits (FDs), effective from June 15, 2025. The move comes in response to the Reserve Bank of India’s (RBI) recent policy easing aimed at stimulating economic growth. 🔻 Savings Account Rate Cut SBI has trimmed its savings account interest rate by 5 basis points. The new rate stands at 2.65% per annum, down from 2.70%. This revised rate applies uniformly across all account balances. 💰 Fixed Deposit Rate…
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India Exports during April-May 2025 is estimated at US$ 142.43 Billion, as compared to US$ 134.69 Billion in April-May 2024, an estimated growth of 5.75%

India Exports during April-May 2025 is estimated at US$ 142.43 Billion, as compared to US$ 134.69 Billion in April-May 2024, an estimated growth of 5.75%

#IndiaTrade  #IndiaExports  #May2025Exports  #Exportgrowth New Delhi: The cumulative value of merchandise exports during April-May 2025 was US$ 77.19 Billion, as compared to US$ 74.89 Billion during April-May 2024, registering a positive growth of 3.07%. The cumulative Non-Petroleum exports in April-May 2025 valued at US$ 64.25 Billion registered an increase of 7.53% as compared to US$ 59.75 Billion in April-May 2024. Major drivers of merchandise exports growth in May 2025 include Electronic Goods, Organic & Inorganic Chemicals, Drugs & Pharmaceuticals, Marine Products and RMG of all Textiles. Electronic Goods exports increased by 54.10 % from US$ 2.97 Billion in May 2024…
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MF Industry Adds Over 3 Lakh New Investors in May; Retail and SIP Momentum Sustains Sector Growth

MF Industry Adds Over 3 Lakh New Investors in May; Retail and SIP Momentum Sustains Sector Growth

#MFIndustry  #MFunds3LakhNewInvestors #NewInvestortsMay #SIPMomentum #MFGrowth Chandigarh: The Indian mutual fund (MF) industry continued its upward climb in May 2025, adding 3.19 lakh new investors and registering over 20 lakh new folios, reinforcing strong retail participation amid market optimism. With this, the total number of unique mutual fund investors has risen from 5.46 crore to 5.49 crore, according to data released by industry sources. Retail interest remained buoyant across both T30 (top 30 cities) and B30 (beyond top 30 cities) locations, reflecting deepening penetration and rising trust in mutual funds as a long-term investment avenue. Robust Growth in AUM The industry’s assets…
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Syrma SGS Technology Charts Aggressive Growth Path with Strategic Expansions and Global Aspirations

Syrma SGS Technology Charts Aggressive Growth Path with Strategic Expansions and Global Aspirations

Syrma SGS Technology Charts Aggressive Growth Path with Strategic Expansions and Global Aspirations #SyrmaSGS  #SyrmaSGSGrowth Chennai:  Syrma SGS Technology Ltd, a Chennai-based electronics manufacturing services (EMS) provider, is making bold moves to cement its position as a leading design-led electronics player in India and abroad. From expanding its manufacturing footprint to deepening R&D capabilities and tapping into high-growth sectors, Syrma SGS is scripting an ambitious growth narrative at a time when India’s electronics manufacturing is at an inflection point. 📈 Strong Financial and Operational Momentum With a robust order book of ₹5,300 crore as of December 2024, Syrma is targeting…
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Awareness: Canara Robeco AMC has launched a bus yatra to create awareness about mutual funds in Punjab

Awareness: Canara Robeco AMC has launched a bus yatra to create awareness about mutual funds in Punjab

#AwarenessMutualfunds  #CanaraRobecoAMC  #busyatra #Awarenessaboutmutualfunds #Punjab  #PunjabMutualFunds Chandigarh: The bus began its journey on June 10 from Mohali and will pass through the cities of Chandigarh, Panchkula, Patiala, Ludhiana, Jalandhar and Amritsar during its 24-day journey in the state. The bus will visit prominent public areas in each city, engaging with local communities. It functions as a digital experience hub, offering educational content and interactive sessions to raise awareness about mutual funds through videos and face-to-face interactions. Rajnish Narula, Managing Director and Chief Executive Officer, Canara Robeco AMC said, “As part of our continued commitment, we are bringing our Nivesh Yatra…
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