MOTILAL OSWAL ASSET MANAGEMENT
Growth in mutual funds' equity assets far outpaces the rise in benchmarks
AUM of domestic mutual funds grew annually by 19% to Rs 26.9 lakh crore between 2013 and 2019. Mutual fund AUM constituted 10% of total bank deposits in 2013, increasing to around 18% now.
Motilal Oswal Securities gives buy on Bharti Airtel, target price Rs 575
Shares of Bharti Airtel closed closed at Rs 470, up 0.2%.
Government’s ability to cut personal income tax rate in budget is limited, says Akash Singhania of Motilal Oswal AMC
"If you look at the data...
Why sovereign gold bonds could be a better bet than physical metal
Wealth managers believe investors should allocate 5-10% of their portfolio funds to gold.
This $453 billion fund manager cuts India bet on CAA and Kashmir
Despite 5 rate cuts last year, yield on 10-year bonds is one of the highest in Asia at 6.64%
Best multi cap mutual funds to invest in 2020
As per Sebi mandate, multi cap mutual fund schemes have the freedom to invest across market capitalisations and sectors.
ICICI, SBI top banking bets, says Motilal Oswal
AU Small Finance Bank and Federal Bank are its picks among mid-sized banks.
Share market update: NBFC stocks mixed; Aditya Birla Capital climbs 4%
The 30 shares BSE Sensex was up 141.53 points at 41593.88.
Motilal Oswal Financial Services maintains buy on Tata Chemicals, target price Rs 875
Its cash-cow business of soda ash and sodium bicarbonate is likely to remain steady due to an expected balanced demand-supply scenario.
I’ll shed no tears if lazy active funds die: Damodaran
The valuation guru painted a bleak picture for the active fund management industry.
BlackRock profit beats estimates as assets top $7 trillion
A rally in global equity markets and strong inflows across business segments helped the company lure $128.84 billion in new money during the fourth quarter through Dec. 31.
2020 to be a year of consolidation & transition for D-Street: Aditya Birla AMC
The fund house believes corporate earnings growth is likely to pickup in line with the improvement in the economy. It projects FY21 Nifty earnings growth at around 23 per cent.
ED summons Congress leader K J George
After D K Shivakumar, K J George is the second Congressman in Karnataka to get the ED summons. George has been asked to appear before the agency on January 16, along with a set of documents including bank accounts, properties owned, copies of income tax returns, business details in India and abroad.
PMC Bank scam: HC sets up panel for sale of HDIL assets
The court said the committee shall first value and sell the encumbered properties of HDIL and if there is any shortfall towards repayment of dues, then the properties owned by Wadhawans shall be sold.
Mirae Asset launches Mirae Asset Nifty Next 50 ETF
The fund is an open ended scheme replicating/tracking Nifty Next 50 Total Return Index. This will be the second ETF offering from the Mirae Asset Mutual Fund.
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