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India Business News: MUMBAI: ICICI Prudential Mutual Fund on Tuesday said it will not accept any fresh investment in mid-cap and small-cap funds, effective March 14 until . ....
Promoters Inox Wind Energy and Devansh Trademart have sold 4.5% and 2.8% stake each in Inox Wind through block deals at a weighted average price of Rs 208 a piece ....
Investing in rising or adequately-valued markets is not easy. But Anish Tawakley, Deputy CIO-Equity and Head of Research, says that domestic cyclicals should do well in a space where limited value pockets are available. ....
Axis Mutual Fund (5,50,000 shares), Regal Investment Fund (5,50,000 shares), Tasman Market Neutral Fund (1,83,711 shares), and Amazon Market Neutral Fund (1,85,643 shares) were among other Nykaa buyers in block deals.
In the hybrid fund category, the fund house has been constantly focusing on the need to adhere to asset allocation in a volatile market for more than 10 years now. The fund house s total AUM as of March 31 rose to Rs 32.38 lakh crore from Rs 31.42 lakh crore, thanks to a net inflow of Rs 92,906.45 crore. The rise in AUM was largely due to massive inflows to debt schemes. ....