India-dedicated funds see $24 billion of inflows in FY24

[ad_1] India-dedicated funds saw inflows of $2.3 billion in March, taking the total category inflows in FY24 to $23.8 billion, the latest EPFR data compiled by Kotak Institutional Equities showed. These funds saw inflows of $16.2 billion in CY23. They...

IVCA elects new executive committee 

[ad_1] India’s apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), has elected its new executive committee (EC) for 2024-26. Also read:India’s venture capital landscape set for surge post-elections: Bain & Company reportAshley Menezes of...

Shriram Finance, HDFC Bank to see most inflows from Nifty’s semi-annual rejig

[ad_1] The semi-annual rejig of Nifty indices on March 28 is expected to result in cumulative inflows of $188 million in Shriram Finance, $94 million in HDFC Bank, $80 million in Jio Financial Services, $66 million in NTPC, $45 million...

FPIs net equity inflows soar to ₹40,710 crore in March 1-15

[ad_1] Foreign portfolio investors (FPIs) seem to show strong conviction in the Indian equity markets’ growth prospects going by their notable net inflows of ₹40,710 crore into equities during the first fortnight of March, data from depositories showed.This robust inflows...

ICICI Pru AMC restricts inflows into small- and mid-cap schemes

[ad_1] Amid raising concern over a brewing bubble in small- and mid-cap stocks, ICICI Prudential Asset Management Company has stopped lumpsum investment mid- and small-cap schemes. It has also restricted fresh SIPs/STPs to ₹2 lakh per month from March 14....