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Nine sectors witnessed high levels of selling by mutual funds in December. Here’s a breakdown of sectors with sales of over Rs 1,000 million, according to a report by JM Financial. The sector saw ...

Not far behind are ICICI Prudential MF and HDFC MF with regular plan assets of Rs. 4.65 lakh crore and Rs. Rs. 4.64 lakh ...

IRDAI report reveals that the penetration of insurance in India has reduced to 3.7% in FY 2024 from 4% in FY2023. Insurance penetration is a measurement done by dividing the percentage of insurance ...

GIFT City ED Pradeep Ramakrishnan says that the mutual fund vertical is the most successful business for GIFT IFSC.

ICICI Prudential MF and Nippon India MF occupy the second and third position with non-associate partner AUM of Rs. 4.01 lakh crore and Rs. 2.63 lakh crore, respectively. The fund houses receive over ...

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Addressing the session on ‘Managing the NRI taxation maze’ at the ‘Cafemutual India Investment Summit’ in Dubai, Neha Bagri, Associate Partner, PwC said that the GIFT IFSC enables various taxation ...