PPFAS Mutual Fund removes Zydus Wellness from flexi cap, tax saver funds

Parag Parikh Flexi Cap Fund, which delivered a return of 80.92% during the last financial year against 77.58% in its benchmark Nifty 500, has internet & technology (23.28%), capital markets (15.03%) and software (14.39%) among its top three sectoral allocations View More | Source: Livemint…

View More PPFAS Mutual Fund removes Zydus Wellness from flexi cap, tax saver funds

Sebi comes out with new guidelines on reporting formats for mutual funds

The formats for the reports to be submitted by asset management companies (AMCs) to trustees, by AMCs to Sebi and by trustees to the regulator have been revised on the basis of consultation from the industry View More | Source: Livemint…

View More Sebi comes out with new guidelines on reporting formats for mutual funds

India’s equity mutual funds show first inflows after 8 months

Mutual funds that invest in equity showed a net inflow of ₹9,115 crore in March compared with an outflow of ₹4,534 crore in February, data published by the Association of Mutual Funds in India showed View More | Source: Livemint…

View More India’s equity mutual funds show first inflows after 8 months

Equity mutual funds see net inflows in March after 8 months of outflow

Open ended debt mutual funds saw net outflows of ₹52,528 crore, driven largely by out flows in short term debt categories like liquid funds, ultra short duration funds, low duration funds, money market funds and short duration funds View More | Source: Livemint…

View More Equity mutual funds see net inflows in March after 8 months of outflow

Mirae Asset Mutual Fund announces launch of FANG+ Funds

International ETFs and FoFs are taxed as debt funds in India. This means tax at slab rate for holding periods below three years and at 20% with indexation for longer holding periods on capital gains in them View More | Source: Livemint…

View More Mirae Asset Mutual Fund announces launch of FANG+ Funds

Shorter-end bonds rally in India, traders unwind rate-hike bets amid covid surge

Shorter-maturity rupee debt rallied, with yields on the 5.22% 2025 bond and the 5.15% 2025 debt sliding 12 basis points to 5.47% and 5.59%, respectively..The rally was also aided by a govt borrowing plan for the new fiscal first half, with issuances tilted toward longer-end bonds. View More |…

View More Shorter-end bonds rally in India, traders unwind rate-hike bets amid covid surge