The Gift Nifty 50 index signaled a firm opening for Indian equities on Thursday, buoyed by positive global cues and the Goods and Services Tax (GST) Council’s sweeping rate rationalisation. Trading around Rs 24,974 — a premium of nearly 161 points over the Nifty futures’ previous close — the Gift Nifty pointed to a robust… Continue reading GST revamp, global tailwinds signal firm start for Indian equities
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The jane street bug in nuvamas money machine
Nuvama Wealth, formerly Edelweiss, is India’s second-largest independent wealth manager. It achieved this status by appealing to the nation’s cash-rich entities, including high-net-worth families and alternative investment funds (AIFs), and advising them on where to channel their money to spawn more money. The firm does this so well that in late June, Nuvama Wealth’s market… Continue reading The jane street bug in nuvamas money machine
Tax break for global funds extended: what it could mean for your portfolio
The Central Board of Direct Taxes (CBDT) has extended the tax exemption window for sovereign wealth funds (SWFs) and pension funds investing in Indian infrastructure projects till March 31, 2030. The exemption, available under Section 10(23FE) of the Income Tax Act from 2020, covers income from dividends, interest and long-term capital gains. While the… Continue reading Tax break for global funds extended: what it could mean for your portfolio
Gig workers can now start mutual fund SIPs with just ₹100 a day; here’s how
Long duration debt mutual funds (MFs) have borne the brunt of the surge in government securities (g-sec) yields in recent months. Investors in dynamic bond and g-sec funds with greater exposure to longer-maturity papers have also seen a sharp erosion in near-term returns. The average return of long-duration funds has fallen to 3.7 per cent… Continue reading Gig workers can now start mutual fund SIPs with just ₹100 a day; here’s how
Equities a Little Pricey… Buy, Take a Little Bit of Pain… Its a Growth Market
Motilal Oswal Financial Services’ chairman Raamdeo Agrawal is batting for bigger reforms across sectors by the government in the wake of the US tariffs. In an interview with Nishanth Vasudevan on the sidelines of the firm’s investor conference, the seasoned investor spoke about various topics, including equity returns expectations and the private market, among others.… Continue reading Equities a Little Pricey… Buy, Take a Little Bit of Pain… Its a Growth Market
HSBC flags 5 positives for Indian equities
Equity benchmarks face a key test as inv es – tors weigh consumption revival hopes against tariff pressures and weak earnings. Amidst this, HSBC has outlined tailwinds and risks that could cap gains. The global brokerage listed five positive cues that could lift markets, while flagging four ri sks. It maintained a ‘neutral’ rating on… Continue reading HSBC flags 5 positives for Indian equities
Gilt Fund Investors Can Buy Now, Cash Out Later When Yields Fall
A recent spike in bond yields has created an entry point for investors in gilt funds– holding long-duration government securities. A fall in bond yields will drive up prices and result in capital appreciation. Since bond prices and yields move inversely, a declining yield boosts the value of long-duration government securities, benefiting gilt funds. Bond yields… Continue reading Gilt Fund Investors Can Buy Now, Cash Out Later When Yields Fall
Coming up in 2026: A tale of three IPOs
Among other things, corporate India could witness some key developments in 2026. While Reliance Industries Chairman Mukesh Ambani has announced that Jio Platforms will go for a public listing in the first half of next year, there’s nothing official yet on two other mega IPOs (initial public offerings) that may bunch up in the same… Continue reading Coming up in 2026: A tale of three IPOs
Invesco MF gets nod to transfer 60% stake to IIHL
Invesco Mutual Fund has received SEBI approval to transfer a controlling 60 per cent stake to IndusInd International Holdings Ltd (IIHL), according to sources. SEBI has recently provided all approvals to the pending applications by Invesco India for a change in control of Invesco AMC, Invesco Trustee Company and to the PMS business. According to… Continue reading Invesco MF gets nod to transfer 60% stake to IIHL
GIFT City may allow multiple share classes in retail funds.
Most major global financial hubs, including Ireland and Singapore, allow similar structures An investor who is invested in GIFT City for 3 years may see a lower exit load compared to those who redeem within a year.The Gift City regulator is weighing a proposal to allow asset managers to charge investors different fee structures within… Continue reading GIFT City may allow multiple share classes in retail funds.