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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Sankaren Naren’s risk-adjusted returns strategy has worked wonders for the fund house, putting it within reach of the top spot. The good run now hinges on a clear succession plan.
ICICI Prudential Mutual Fund is now within a hair’s breadth of catching up with industry topper SBI Mutual Fund in terms of assets under management.
When it comes to total AUM, it is less than Rs 2 lakh crore short of table topper SBI Mutual Fund. In fact, it may even be considered to have gone ahead if one discounts the almost Rs 3 lakh crore in Employees Provident Fund Organisation funds that SBI MF gets from its Rs 11.4 lakh crore AUM.
Sans the EPFO money, ICICI Prudential MF—with an AUM of Rs 9.4 lakh crore—is the country’s largest …
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
As retail interest in public issuances fades, mutual funds are filling the gap—funding promoter exits and delivering subpar returns to the very investors they represent.
Divergent narratives from the Haryana government and the lender raise deeper questions on oversight, authorizations and systemic lapses—answers that may emerge only after a forensic audit.
