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Business News Mutual Funds

What is a Fund of Funds or FoF?

fund-of-funds-or-fofA Fund of Funds (FoF) usually invests its assets in mutual fund schemes. A regular mutual fund or scheme generally takes money from investors and invest it in equities, debt based on its mandate. On the other hand Fund of Fund or FoF takes money from the investors and invests it in other mutual fund schemes. These mutual fund schemes can belong to other fund houses or withing the fund house.

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Business News Mutual Funds

What are Offshore Funds?

what-are-offshore-fundsOffshore funds are mutual funds schemes that invest in foreign markets. Offshore funds are also known as international funds. These schemes invest in fixed income securities or equities of a foreign country or region.

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Bonds Business News Domestic Markets News

Banks to Raise Upto Rs 5000 Crore through Bonds

indian-bank-to-raise-up-to-rs-5000-crore-via-bondsNew Delhi: On Monday, Indian Banks said about their plan to raise around Rs 5000 crore via bonds for growth of the business. The decision of raising money took place in its board funds meeting on Monday.

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Business News Domestic Markets News Stocks

Should You Buy on Dips or Sell on Rise of Share Price?

Investors-ConfusedIn recent times, equity investors are found to be in a whirlwind of emotions due to psychologically challenging times and negative development. This is not affecting just the inner peace of investors but also their investing journey approach. During the course of lockdown, investors’ sentiments have drastically changed from confused to the state of the mood of denial and despair.

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Business News Domestic Markets News Stocks

What are 3Ps to Decide Whether Investors Should Invest on Promoters’ Stake Hike?

3ps-can-decide-if-you-should-buy-a-stock-on-promoters-stake-hikeWhen promoters increase their shareholding, it is generally considered as coming of a good time for the business. The same has been done by SEBI (Securities and Exchange Board of India) by employing several proactive measures to relax fundraising norms. Thus giving companies an option to raise capital amid the Covid-19 pandemic.

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Business News Mutual Funds

What is an Equity Mutual Fund?

what-is-an-Equity-mutual-fundEquity mutual funds are those funds that invest in equity or stocks. In India, it is mandatory to invest 65 per cent money of a mutual fund scheme in equity or equity-related investments for taxation purpose. This is the reason for international funds investing in stocks and yet not countable for equity mutual fund, hence not eligible for tax. As they don’t put money in Indian stocks, they are treated as debt and taxed like debt schemes.

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Business News Domestic Markets News Stocks

Trade Setup: Hurdles Ahead for Nifty, Focus on Position

nifty-may-continue-to-face-hurdlesOn Thursday, the domestic stock market witness volatile expiry day trade. The market had a negative start but soon traded in the green. Nifty gave up on recovery today and witnessed a decline and testing lows. Though Nifty recovered in the second half of the trading session but Index finally closed at 10288.90 down by 16.40 points or 0.16 per cent.

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Business News Invest Wealth

What is Mark-to-Market Risk in Debt Instruments?

what-is-mark-to-market-risk-in-debt-instrumentsA debt instrument is issued at a fixed coupon which varies on the market condition at the issue time and is paid on a regular basis until maturity. When there is a fall in interest rate, the debt securities value gains, resulting in mark-to-market gains. The opposite happens when the rate of interest goes up, the value of debt security go down, making mark-to-market loss.

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Business News Domestic Mutual Funds News

SEBI Approves to Launch of UTI AMC IPO

uti-amc-gets-sebi-nod-to-launch-ipoSEBI approved the country’s seventh-largest mutual fund house – UTI Asset Management Company for an initial public offering (IPO). The company has decided to sell 3.90 crore shares in the issue to raise about Rs 3,500 crore. The IPO will likely be listed at Rs 850-900 per share, bankers said.

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Business News Domestic Markets News Stocks

Share Market Update: Pharma Shares Gains; Cipla Advanced 4 per cent

pharma-shares-advance

New Delhi: On Monday’s session, Pharmaceutical shares again traded higher with their sectoral index advances. Around 11:45 AM, the Nifty pharma index was trading at 10241.95 points up by 2.4 per cent.