Mumbai ... in absolute terms to mutual funds’ holdings, they cut exposure to three of them to book profits, but a strong rally ensured these stocks still added substantial value. These three stocks were HDFC Bank, Maruti Suzuki India Ltd and Reliance.
Now you are looking for equity planners, your mutual funds are in the best business they have ever been in their whole life and that is what is telling us that brokerages and volumes and market turnovers are all going to be linked to brokerage houses.
How will GST implementation impact the mutual fund industry? This is the exact question SEBI has asked AMFI to find an answer to. AMFI is believed to have appointed PricewaterhouseCoopers (PwC) to prepare a whitepaper on the implementation of GST .
As far as the tax implications are concerned, the dividend is tax-free in the hands of the investor. However, in debt mutual funds , asset management companies (AMCs) pay a dividend distribution tax (DDT) of 28.33% (including surcharge and cess) from.
India Infoline News Service | Mumbai | June 14, 2017 15:54 IST. The mutual fund schemes that invest in Pharma companies are seen outperforming the broader markets over the one week period. Article saved successfully to my page. You must be Logged in .
UTI Mutual Fund is offering an unique Mutual Fund Investment Solution called 'UTI SMART PLAN', which will provide benefits of Wealth Creation, Protection and Retirement in addition to tax benefits under Sec 80C of the IT Act, 1961 up to Rs.1.50 lakhs.
Market volatility: This is the most important risk that an investor undertakes when he invests in an equity MF scheme. Since equity MF schemes take a high level of exposure in the stock market, these MF schemesare subject to risks associated with stock .
The Goods & Service Tax will impact all your financial transactions, including your investments in equities, mutual fund schemes, processing fees of all types of loans, insurance premiums, among others. Let's look at the impact of GST on all these.
Mumbai, Maharashtra, June 5, 2012 /India PRwire/ -- IIFL Mutual Fund announces its new offering of an open-ended Index Fund-IIFL Dividend Opportunities Index Fund ('Scheme'), with an objective to provide returns to investors by investing in stocks which.
According to the latest data available with Association of Mutual Funds inn India (Amfi), the mutual fund AUM (assets under management) form B15 locations increase form Rs 2.18 lakh crore inn March 2016 to Rs 3.09 lakh crore at the end of March 2017.
Mumbai August 23, 2017: SMC IM+ Realty Fund, a joint venture between SMC Global and IM+ Capitals Ltd. (part of REPL), has received an A+ rating by CARE Ratings Limited. SMC IM+ Realty Fund became one among the few Realty funds in India to launch a Rs 500.
People walk by the Bombay Stock Exchange building in Mumbai ... Local stock funds took in Rs411bn ($6.4bn) in the April-July period, more than triple from a year ago, data from the Association of Mutual Funds in India show. Inflows into balanced funds.
India Infoline News Service | Mumbai | June 25, 2017 12:08 IST ... However, since there is a cap on expenses that AMCs can charge to the corpus of the MF scheme, the AMCs may have to reduce their management fees if the TER is utilised to the maximum.
Ambrish Jaipuria sold 1,00,000 shares of Cosmo Films at Rs 423 on the BSE on June 16, 2017. Ambrish Jaipuria is the Chief Executive Officer, Executive Director of Cosmo Ferrites Ltd. However, Indiabulls Mutual Fund bought 99,644 shares at Rs 423.03, .
MUMBAI : Shares of IIFL Holdings and Edelweiss Financial Services hit record highs on Wednesday after Credit Suisse initiated coverage on both the companies with an 'outperform' rating on expectations of continued strong growth. ... The presence of.