Private Banks, which is the largest mutual fund sector holding, saw its weight drop for the second consecutive month, from 18 ...

Cash reduction came alongside a 3.1 percent rise in the Nifty, which ended June at 25,517, and a 4.3 percent month-on-month ...

PPF (Public Provident Fund): PPF is a long-term, government-backed savings scheme with a 15-year lock-in. In PPF, not just contributions but interest earned and maturity corpus are also tax-free.

Anthem Biosciences raised ₹1,016 crore from anchor investors ahead of its IPO. Major participants included international investment authorities and mutual funds. The firm plans a ₹3,395 crore IPO open ...

The SEC’s first enforcement action targeting alleged violations of an Obama-era mutual fund liquidity rule is coming to an ...

Few investment firms have left such a lasting mark that an entire investment philosophy bears their name and marque. One example is Pimco, the fixed-income giant that, under Bill ...

For mutual funds, investors send checks to the asset manager, which are invested by the portfolio manager at the end of the day. The investors get “units” of the fund at the end-of-day unit price, ...

One Big Beautiful Bill' makes 529 plans more flexible, some skeptics say the education savings plans still may not be ...

ET Money, part of the 360 ONE WAM group, has unveiled Loans Against Mutual Funds (LAMF), enabling investors to borrow against ...

As much as 32.04% of the total anchor allotment, or 1.37 Mn shares, were lapped up by three domestic mutual funds, Tata ...

Mutual fund allocations bounced back in India last month, driven by strong retail participation, with investors also seeking ...

Jio BlackRock Asset Management plans to introduce nearly a dozen equity and debt funds in India by the year-end, focusing on ...