Mutual Funds

Capitalmind Financial, Jio BlackRock and Pantomath Capital Advisors to launch mutual fund business soon

Capitalmind Financial, Jio BlackRock and Pantomath Capital Advisors to launch mutual fund business soon

#CapitalmindFinancialMF #JioBlackRockMF  #PantomathCapitalAdvisorsMF Mutual Fund Market: Three new players to launch mutual fund business will launch their MF business in the coming months Mumbai: SEBI data shows that three new players will launch their MF business in the coming months. These include Capitalmind Financial, Jio BlackRock and Pantomath Capital Advisors. All the three players have already received an in-principal approval. In fact, Capitalmind Financial has received a final approval to launch schemes while the other two await the same. While the management of Jio Blackrock could not be reached till the time of writing this article, Cafemutual talked to the…
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They Read Markets Well and Sits on Cash, Buying on Dips

They Read Markets Well and Sits on Cash, Buying on Dips

#PPFAS, Motilal Oswal, and Quant Mutual Funds lead cash holdings for March 2025 Mumbai: For the month of March, the largest cash holdings were seen in funds owned by major fund houses like PPFAS Mutual Fund (21.9%), Motilal Oswal Mutual Fund (17.8%), and Quant Mutual Fund (10.3%), according to a latest report by Motilal Oswal. On the other hand, the lower cash holdings ( amongst the top 20 funds) were seen in Mirae Asset Mutual Fund (1.3 percent) and Kotak Mahindra Mutual Fund (2.5 percent). According to the report, the total equity value of the top 20 AMCs was up…
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भारत-सिंगापुर टैक्स ट्रीटी: भारत में म्यूचुअल फंड कैपिटल गेन पर टैक्स में मिलेगी छूट

भारत-सिंगापुर टैक्स ट्रीटी: भारत में म्यूचुअल फंड कैपिटल गेन पर टैक्स में मिलेगी छूट

New Delhi: एनआरआई निवेशकों के लिए ख़ुशख़बरी है कि अब से भारतीय आयकर अपीलीय न्यायाधिकरण (ITAT) ने म्यूचुअल फंड यूनिट्स की बिक्री से उत्पन्न 1.35 करोड़ रुपये के शॉर्ट-टर्म कैपिटल गेन पर उन्हें भारत में कोई टैक्स नहीं देना पड़ेगा। भारत-सिंगापुर कर संधि के तहत यह निर्णय लिया गया है। सीएनके एंड एसोसिएट्स के टैक्स पार्टनर गौतम नायक ने कहा, “यह फैसला भारत-सिंगापुर कर संधि का एक महत्वपूर्ण पहलू उजागर करता है, जिसके बारे में कई एनआरआई निवेशक नहीं जानते। इस कर संधि के अनुसार, म्यूचुअल फंड यूनिट्स (mutual fund units) की बिक्री से उत्पन्न कैपिटल गेन केवल निवेशक के…
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51 lakh mutual fund SIPs closed in March; 40 lakh new Registrations

51 lakh mutual fund SIPs closed in March; 40 lakh new Registrations

#51lakhMFSIPMarch Reflecting a stoppage ratio of 127.5%. This means that for every 100 new SIPs registered, 127.5 were discontinued. Mumbai: For the third straight month in March, more mutual fund SIPs were discontinued than newly registered. According to the latest AMFI data released on Friday, about 51 lakh SIPs were stopped last month, while 40 lakh new registrations were recorded — reflecting a stoppage ratio of 127.5%. This means that for every 100 new SIPs registered, 127.5 were discontinued. This figure also includes SIPs that may have ended due to the completion of their tenure. In the previous two months…
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NSE crosses 22 crore (220 million) total investor accounts

NSE crosses 22 crore (220 million) total investor accounts

#NSE22CroreInvestorAccounts Chandigarh, April 12, 2025: The National Stock Exchange of India marked another milestone in April 2025, with the total number of investor accounts i.e., Unique Client Codes (UCCs) surpassing 22 crore (220 million), a sharp increase within just six months of crossing the 20-crore mark (200 million) in October 2024. Separately, the number of unique registered investors stands at 11.3 crore (As of March 31st, 2025), having crossed the 11 crore (110 million) mark on January 20th, 2025. An investor may maintain accounts with different brokers, resulting in multiple client codes. Maharashtra leads with the highest number of investor…
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SIP inflows remained steady at Rs 25,926 crore in March, Rs 25,999 crore in February

SIP inflows remained steady at Rs 25,926 crore in March, Rs 25,999 crore in February

Recording only a marginal fall from February despite global uncertainties Mumbai: Monthly inflows through the Systematic Investment Plan route into mutual funds only saw a marginal decrease from February despite global uncertainties. The shares of mutual fund companies surged on April 11 after AMFI released data on equity fund inflows in March. SIP inflows remained steady at Rs 25,926 crore in March, recording only a marginal fall from February despite global uncertainties. At 12:50 pm, the shares of Nippon Life India Asset Management Company surged over 5 percent to trade at Rs 555 apiece. HDFC AMC shares also jumped nearly 5…
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Good Weekend: Sensex, Nifty closed in Green, all are in gain

Good Weekend: Sensex, Nifty closed in Green, all are in gain

Sensex was up 1,310.11 points or 1.77 percent at 75,157.26, and the Nifty was up 429.40 points or 1.92 percent at 22,828.55 #SensexNiftyinGreen Mumbai: After a week US President Donald Trump’s 90-day pause on tariffs brought cheer to Dalal Street, lifting investor sentiment and driving a rally in the benchmark indices. On April 11, both the Sensex and Nifty rose almost 2 percent, marking a strong rebound in the equity markets. The day saw widespread buying across sectors, with metal and pharma stocks leading the gains. Meanwhile, the market's fear barometer, India VIX, declined sharply by 6.21 percent, indicating easing…
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New Step: Edelweiss Mutual Fund increases subscription limit in 7 International funds

New Step: Edelweiss Mutual Fund increases subscription limit in 7 International funds

#EdelweissMFInternationalfunds Mumbai: Edelweiss Mutual Fund on Thursday increased the subscription limit in 7 of its international funds, effective April 17. These seven schemes include Edelweiss ASEAN Equity Offshore Fund, Edelweiss Greater China Equity Offshore Fund, Edelweiss US Technology Equity Fund of Fund, Edelweiss Emerging Markets Opportunities Equity Offshore Fund, Edelweiss Europe Dynamic Equity Offshore Fund, Edelweiss US Value Equity Offshore Fund, and Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund. “Based on the current head room available for overseas investment limit as set on February 1, 2022 at the mutual fund level, it is decided to increase the limit…
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Citing record dividend payouts, Mutual funds to back PSUs: GoI

Citing record dividend payouts, Mutual funds to back PSUs: GoI

#MutualfundsPSUGoI New Delhi: The Centre on Wednesday urged mutual fund managers to increase their exposure to state-owned enterprises, citing their strong dividend performance and role in equitable wealth distribution. "We suggest fund managers include public sector stocks in their portfolios so that common investors, senior citizens and minority shareholders can deploy their savings productively," said Arunish Chawla, secretary, department of investment and public asset management (DIPAM), at a media briefing. "While the market cap of public sector undertakings is only 10% of the overall market capitalization, they have distributed about 25% of total dividends," he added. He said the state-run…
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India is emerging as an oasis in a turbulent world: NSE MD & CEO Ashishkumar Chauhan

India is emerging as an oasis in a turbulent world: NSE MD & CEO Ashishkumar Chauhan

#NSEMDMUMBAINXT25 Chandigarh: Shri Ashishkumar Chauhan, MD & CEO of the National Stock Exchange of India (NSE), offered sharp insights into the Indian market's performance amidst global headwinds, investor sentiment, and future prospects. He shared views at the India Global Forum, Mumbai NXT25 Despite a $1.5 trillion dip from the peak, Chauhan emphasized the long-term growth trajectory of Indian capital markets. “In 2014, India’s market cap stood below $1 trillion. Today, it is nearing $5 trillion—demonstrating significant wealth creation,” he noted. Addressing concerns over foreign investor exits, Chauhan attributed the trend to global interest rate movements and a broader 'risk-off' sentiment…
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