Know all about thematic mutual funds and their benefits!

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Mutual Fund
With the ever-changing investment landscape, investors are constantly looking for new strategies to maximise their potential profits. With the emergence of thematic investing, investors have been presented with a new approach to invest in promising companies or industries belonging to a particular theme that are likely to thrive in the future. Through a careful analysis of current industry trends and...

DSP Investment Managers launches DSP Nifty Bank ETF

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Mumbai: DSP Investment Managers announced the launch of DSP Nifty Bank ETF, an open-ended scheme replicating/tracking the Nifty Bank Index. This ETF offers investors an option to take a sectoral exposure to the banking sector. This is especially relevant now as banking stocks are available at attractive valuations despite the recent rally in the stock markets. Banking stocks currently contribute the...

Funds managed by Motilal Oswal Private Equity, India SME and Motilal Oswal Finvest Limited invest in Simpolo Group

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Leading Indian monetary establishments commits USD 66 Mn to assist Simpolo Group in increasingshare and penetration in the quick rising luxurious and premium tiles market in India by newinvestments in gross sales, providers and newest expertise manufacturing amenitiesMumbai, 01 September 2022: India Business Excellence Fund – IV, a fund managed andsuggested by MO Alternate Investment Advisors Private Limited (“MOPE”),...

Statement on Fed Interest rate hike- 28 July 2022

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Statement on Fed Interest rate hike- 28 July 2022 US Fed hikes rate by another 75 bps; signals possibility of slowing pace of tighteningThe US Fed announced an increase in the federal funds rate to 2.25 percent to 2.50 percent, making this the fourth consecutive rate hike. This was also the second time since June policy that the rates were...

LenDenClub introduces a Fixed Maturity Peer-to-Peer investment plan

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Aims to on-board 1 mn investors and clock AUM of ₹10 Bn by FY23 with expected returns of 10-12% p.a. ● First P2P player to offer hyper-diversification of funds as low as INR 1 per borrower● Advanced AI & ML to minimise defaults and ensure platform-level uniformity in portfolio performance● Being non-market-linked, investment offering to be immune from market volatility● Marginalised...

Financial results – Q1 FY23

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Consolidated total income : ₹ 15,888 crore  14%Consolidated profit after tax : ₹ 1,309 crore  57% A meeting of the Board of Directors of Bajaj Finserv Limited was held today to consider and approve theresults for Q1 FY23.Details about BFS, the businesses carried by its subsidiaries, its group structure and GAAP followed, areincluded at the end of this...

Financial results Q1 FY23 Bajaj Finance Limited

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Highest ever consolidated quarterly profit after tax of ₹ 2,596 crore in Q1 FY23 Assets under management crossed a milestone of ₹ 200,000 crore in Q1 FY23 and stoodat ₹ 204,018 crore as of 30 June 2022.A meeting of the Board of Directors of Bajaj Finance Limited (BFL) was held today to considerand approve the unaudited standalone and consolidated results...

Shriram City Union Finance’s Consolidated AUM Rises 21% to INR 40,414 Cr

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Disbursements Rose by 82% YoY to INR 8,726 Cr PAT up 60.9% to INR 354 CrMumbai, July 27, 2022: Shriram City Union Finance Ltd. (Shriram City), a leading financier toSmall Business Enterprises and India’s largest two-wheeler financer (based on number of 2Wfinanced) and part of the Shriram Group announced the financial results for Q1FY23 today. Ona consolidated basis, the...

Circulate Capital announces investment into Lucro

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India, July 27, 2022: Circulate Capital, the Singapore-based investment management firm financing high-growth opportunities at the nexus of climate-tech and plastics, recycling and the circular economy, today announced a follow-on investment in current portfolio company, Lucro Plastecycle Private Limited (Lucro). The additional capital is expected to allow the company to triple its capacity in order to meet the growing demand for its products. Created...

NCR Sees Highest Land Appreciation Since 2019, 38% Rise on Yamuna Expressway

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Avg. prices of plots on Yamuna Expressway were INR 1,600/sft in 2019 - now up to INR 2,200/sft; plot prices also rose in Greater Noida West (36%) & Neharpar in Faridabad (29%)Among the major 7 cities, NCR’s top 3 localities saw maximum rise in average plot pricesCOVID-19 strengthened demand for land for long-term investment, plotted developments also gain traction in Bengaluru, Hyderabad,...