Peerless Mutual Fund expects RBI to cut repo rate by 50 bps over the next two quarters given the inflation-growth dynamics where inflation is expected to be well within RBI’s target of 5 percent by March 2017, says Killol Pandya, head-fixed income, Peerless ... Money Control, 1 month ago
Leading stock exchange BSE has authorised as many as 20 asset management companies to offer mutual fund units to registered investment advisors (RIA). The 20 fund houses enabled by the exchange for RIAs include Axis Mutual Fund, Birla Sun Life AMC, DSP ...The Financial Chronicle, 2 months ago
'It is the proliferation of closed-ended schemes which is causing industry-wide average costs of both equity & hybrid schemes to remain elevated,' says Rajiv Shastri, CEO, Peerless Mutual Fund Dec 26, 2016 Our biggest strength is our fund-management ...Value Research Online, 1 month ago
‘We should become an all-encompassing entertainment and information destination,” says chairman Subhash Chandra, who monitors the group on a monthly basis, leaving the day-to-day operations to the chief executive officers. So what is Subhash Chandra’s Essel group up to? In a telephone chat from his hometown in Hissar, Chandra, an independent member of the Rajya Sabha, said, “I am busy in Parliament and with the Dr Subhash Chandra Show, and the five-six villages that I ...Rediff.com, 2 months ago
Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline.Investors should lock into instruments offering higher returns, reports Sanjay Kumar Singh.Illustration: Uttam Ghosh/Rediff.com Being flush with liquidity and having limited avenues to deploy their funds, banks have begun to cut deposit rates. The State Bank of India, ICICI Bank and HDFC Bank, among others, have reduced fixed deposit rates by 15 to 25 basis points (bps) for retail ...Rediff.com, 2 months ago
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