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Shares of InterGlobe Aviation, the parent of IndiGo, have come under sharp pressure after large-scale flight disruptions linked to revised pilot duty norms, with the stock falling nearly 17% in just over a week.InterGlobe Aviation shares slipped from Rs 5,917 on November 27 to around Rs 4,913 on Tuesday, as the airline struggled with operational…
MUMBAI: Markets regulator Sebi on Tuesday proposed up to 15 basis points (100 basis points = 1 percentage point) cut in charges that investors pay to open ended mutual funds with the lowest slab at 0.9% for equity funds above certain threshold assets under management (AUM) and 0.7% for non-equity funds. Currently, the minimum charges…
MUMBAI: Markets regulator Sebi has barred mutual funds (MFs) from investing in companies which are in their pre-IPO stage. However, this ban won’t apply to fund houses investing through the anchor investment route, which is reserved for qualified investors only and is done a day before the IPO opens to all investors.The regulator’s logic behind…
MUMBAI: After Kotak Mutual Fund, SBI MF and UTI MF have temporarily suspended investments in silver ETF fund of funds. The suspensions are effective Oct 13. The moves were taken to protect interest of investors after, due to shortage of physical white silver in India, their local prices were at a premium to international prices….
AI image used for representative purposes Gold’s price has experienced a significant surge, rising over 50% annually and achieving a 30% CAGR over three years, according to MCX data. In India, the festive season traditionally sees high demand for gold, both for jewellery and investment purposes.While gold investments in any form require income tax payment…
This growing pile of unclaimed wealth reflects not just investor negligence but also structural issues that need attention. Unclaimed money in mutual funds has touched worrying levels. According to the Sebi annual report, dividends and redemption proceeds lying unclaimed with mutual fund houses shot up to Rs 3,452 crore in 2024-25, up 20% from Rs…
MUMBAI: The reclassification of real-estate investment trusts (REITs) as equity will make them eligible for inclusion in benchmark indices, drawing in mutual funds and institutional investors.Developers stand to benefit from lower financing costs and more diversified funding, while investors can diversify into real estate with opportunity for steady dividends and potential capital appreciation without the…
