Ontic, AlertMedia partner for connected intelligence and emergency communication securityinfowatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from securityinfowatch.com Daily Mail and Mail on Sunday newspapers.
In February, 49.80 million new SIP accounts were registered, compared with 51.84 million a month ago down 4 percent. Discontinuations fell 10.3 percent during the period, from 21.33 million to 23.8 million, data from the Association of Mutual Funds in India shows
Mutual funds investing in stocks continue to see net inflows for the 35th consecutive month, driven by expectations of political continuity, higher reforms, a pickup in the capex cycle, and likely interest rate cuts. SIP contributions reached a record high in February, driving total assets under management to a higher level.
Funds Advised by Convergent Finance and Samara Capital to Acquire 51.8% in Agro Tech Foods from Conagra Brands aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
“As Indias rapidly-growing consumer class expands and discretionary income levels continue to rise, we will expand ATFLs distribution reach and product range, thereby transforming it into the countrys leading packaged and snack food platform,”said Harsha Raghavan, Managing Partner at Convergent Finance.