Stocks with high Indian mutual-fund ownership have risen at a compound annual growth rate of 16% over the past 12 years, compared with 11% for stocks with high foreign ownership.
With a higher risk tolerance and more funds to invest, richer Indian households have enjoyed higher returns from mutual funds and listed shares in the pandemic period.
SEBI issues circular on perpetual bonds aimed at reducing risks faced by retail investors. This, however, will result in lower demand for bonds issued by banks for raising funds.
The new SEBI limits on mutual fund investments, which take effect 1 April, also apply to bonds that can be converted into equity upon a pre-specified trigger event.
The apex court had on 2 February ordered that Rs 9,122 crore be disbursed within 3 weeks to the unit holders of the schemes, in proportion to the holders' interest in the assets.
For years now, faith in the integrity of India's markets has hemorrhaged, with everyone putting own commercial interests above — and often against — those of investors.
Contraction in fund flows are cautionary tale for India’s $1.9 trillion stock market that’s looked past poor growth & pandemic to jump 40% from March low.
With the crisis continuing, Indian mutual funds halved their holdings of debt sold by shadow lenders in the two-year period to June after defaults by some major financiers.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
COMMENTS