Browsing: Fund
New Delhi:The data released by the Reserve Bank on India’s Monetary Policy Report for October 2020 showed a 28 per…
In a widely expected move, RBI cut the policy repo rate by 35 basis points (bps) to 5.4% in its monetary policy committee (MPC) meeting on Wednesday. This makes it the fourth rate cut in a row since the first MPC chaired by RBI governor Shaktikanta Das in February 2019. In all, RBI has reduced the repo rate from 6.5% to 5.4% in this period.
Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns.
MUMBAI: Asset managers in India are seeking regulatory approval to join creditors as one of the nation’s major shadow lenders tries to pull itself out of distress.
Every mutual fund house incurs expenses. Fund managers need to be paid their salaries for managing investors’ money. Distributors need to be paid commissions for selling mutual fund schemes. Apart from these, there are several costs incurred in running a fund house such as auditor’s fees, registrar and transfer agent’s fees and so on.
Thematic or sectoral funds are mutual funds that invest in a particular industry or sector or around a theme. Some of these funds are investing in sectors such as technology, banking and financial services, utilities, auto and auto ancillaries, real estate, and so on.