The net incremental inflow of Rs 6.70 lakh crore in 2021 is also a record over the previous peak of Rs 4.80 lakh crore in 2017, and Rs 4.5 lakh crore in 2020.
Systematic investment plan (SIP) is the preferred mode of investing in equity mutual funds (MFs), shows data from Amfi. Of the total 4.91 crore SIP accounts, 85 per cent, or more than 4 crore, are in equity MFs.
According to the regulatory filing, it is expected that the government will hold approximately 9.5% of the total outstanding shares of the company.
Indian bond yields saw a rise of five basis points to 6.59 per cent; the highest yield recorded in two years. Underwriters bought nearly Rs44 billion of the Rs60 billion-2026 debt for sale on Friday.
The latest inflow came after witnessing a net outflow of Rs 38,521 crore during October-December 2021.
Equity-linked saving schemes (ELSS) offer equity exposure with tax deduction of up to Rs1.5 lakh under Section 80C. LTCG tax is 10 per cent, which is lower than the higher tax slabs.
Aditya Birla Sun Life MF, ICICI Prudential MF and Nippon India MF are all set to roll out their silver Exchange Traded Funds (ETFs) and silver ETF Fund of Fund (FoF) from January 13, 2022. Should you invest in them?
According to Ocean Tomo’s Intangible Asset Market Value Study, the ratio of tangible to intangible assets has changed substantially over the years
Reliance Industries was the top gainer in the Sensex pack, soaring over 4 per cent, followed by Titan, Tata Steel, Bajaj Auto, Maruti and Dr Reddy’s.
U.S. health officials on Wednesday announced plans to dispense COVID-19 booster shots to all Americans amid the surging delta variant and signs that vaccines' effectiveness is slipping.
At the interbank foreign exchange, the rupee opened at 74.43 against the dollar, then inched 4 paise higher to 74.39.
At the interbank forex market, the rupee opened at 74.16 and hit an intra-day high of 74.08 and a low of 74.24. It finally closed at 74.19, higher by 9 paise over its last close.
The 30-share BSE index fell 66.23 points or 0.13 per cent to close at 52,586.84, while the broader NSE Nifty dipped 15.40 points or 0.10 per cent to 15,763.05
In early transactions, the 30-share index was up 125.81 points, or 0.24 percent, at 52,778.88, while the broader NSE Nifty was up 38.55 points, or 0.24 percent, at 15,817.00.
The local unit opened at 74.32 against the greenback and witnessed an intra-day high of 74.22 and a low of 74.34
The 30-share BSE index climbed 209.36 points or 0.40 per cent to close at 52,653.07, while the broader NSE Nifty advanced 69.05 points or 0.44 per cent to 15,778.45.
At the interbank foreign exchange market, the local unit opened at 74.44 against the dollar and witnessed an intra-day high of 74.31 and a low of 74.49 during the session.
The local unit opened at 74.36 against the dollar and witnessed an intra-day high of 74.35 and a low of 74.54 during the session
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
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The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.