What the Top-10 mutual funds bought and sold in May 2021
India Infoline News Service Jun-15-2021
This month, we look at what the 10 biggest AMCs by total AUM bought and sold in the month of May 2021.
Equity fund flows flatter in May-21 as overall AUM crosses Rs33 trillion
India Infoline News Service Jun-10-2021
In May-21, the average AUM and the closing AUM touched record levels thanks to the 6.5% rally in the Nifty during the month. The closing AUM touched Rs33.06 trillion while the average AUM at close of May-21 scaled Rs33.00 trillion.
Equity mutual funds at 14-month high with net inflow of over Rs10,000cr in May
India Infoline News Service Jun-09-2021
According to the Association of Mutual Funds in India (AMFI) data released on Wednesday, equity funds saw net inflows of Rs10,082cr in May 2021 as compared with Rs3,437cr in April 2021.
Top 5 mutual funds for investment
India Infoline News Service Jun-03-2021
Let us, therefore, take a look at the best top 10 mutual fund schemes in 5 different categories.
UPI AutoPay debuts into MFI segment with Satin Creditcare Network
India Infoline News Service Jun-02-2021
This strategic alliance between Satin Creditcare, HSBC and NPCI would ensure borrowers get a unique, hassle-free and effective loan repayment experience.
BSE StAR MF records a new milestone; processes 1.14 cr transactions in May 2021
India Infoline News Service Jun-02-2021
For April21 it was 1.11cr a significant increase by 75% as compared to 63.17 lakh April 20.
COVID push: Indian small-town retailers going digital with business activity back to normal levels - reveals OkCredit data
India Infoline News Service Nov-04-2020
It is interesting to note that amid the Covid pandemic, remote towns are emerging as the torchbearers for the digitization of the MSME segment.
MSCI confirms it will implement new regime on FOL changes in November review
India Infoline News Service Oct-27-2020
The FOL changes are resulting from the relaxation of the Foreign Portfolio Investor (FPI) limit of Indian companies to the sectoral limit.
IFSCA Committee submits interim report on development of international retail business
India Infoline News Service Sep-22-2020
Other key business verticals, i.e., insurance, asset management, and capital markets, will be covered in reports that the committee plans to release subsequently.
US Firms optimistic approach towards investment in India & are looking at India as an engine for growth post-pandemic era
India Infoline News Service Aug-13-2020
We have steadily grown our trade relations with each other and working towards making India's vision to become a USD 5 Trillion economy in the near future.
Airtel and AWS join hands to accelerate digital transformation of businesses in India
India Infoline News Service Aug-05-2020
This collaboration brings AWS, the worlds leading cloud platform, together with Airtels deep reach and proven expertise in handling network, data centers, security, and cloud as an intergrated solution.
Sasken appoints Edwin Moses as President and COO
India Infoline News Service Aug-03-2020
I am excited to be back at Sasken, a company I regard as my alma mater and I look forward to leveraging the engineering DNA of Sasken and realize its potential to the fullest, Edwin Moses says.
Net Direct Tax collections grows over 100%; Advance Tax collections at Rs28,780cr in FY21-22
India Infoline News Service Jun-17-2021
Refunds amounting to Rs30,731cr have also been issued in the F.Y. 2021-22, Ministry of Finance added.
ADB, India sign $484 mn loan to upgrade road network in Tamil Nadu industrial corridor
India Infoline News Service Jun-17-2021
The project will upgrade about 590 km of state highways in the CKIC influence areas that cover 23 of the 32 districts between Chennai and Kanyakumari in Tamil Nadu.
India's Trade deficit widens to $6.28B in May; Export rises 69% to $32B
India Infoline News Service Jun-16-2021
The steady exports over April-May 2021, despite the second covid surge and associated lockdowns, are heartening, suggesting that India may be well poised to benefit from recovering demand in the advanced economies, as per ICRA.
Hardening in PV module price to moderate the returns for the projects awarded over the last 6 to 9-month period: ICRA
India Infoline News Service Jun-15-2021
As PV module component comprises about 50-55% of the overall project cost, such an increase in the module price level if sustained, may moderate the debt service coverage metrics for developers by about 12-14 bps.
CPI hits six-month high of 6.3% in May; Fuel, commodities prices to add inflationary pressures ahead
India Infoline News Service Jun-15-2021
The Consumer Food Price Index (CFPI) witnessed a sharp rise to 5.01% in May 2021 against 1.96% in April 2021.
WPI inflation hits record high in May at 12.94%; Core inflation stood at 10%
India Infoline News Service Jun-14-2021
The high rate of inflation in May 2021 is primarily due to the low base effect and rise in prices of crude petroleum, mineral oils viz. petrol, diesel, naphtha, furnace oil etc. and manufactured products as compared to the corresponding month of the previous year, as per Ministry of Commerce & Industry.
