NJ Mutual Fund's Struggle to Scale Despite Strong Backing
NJ Mutual Fund, backed by India's second-largest distributor, has grown slowly due to niche strategy, limited schemes, and organic approach, trailing newer peers in assets.
NJ Mutual Fund, backed by India's second-largest distributor, has grown slowly due to niche strategy, limited schemes, and organic approach, trailing newer peers in assets.
Central Bank of India reports strong Q3 results with net profit rising 31.7% to Rs 1,263 crore. Asset quality improves as gross NPAs decline to 2.7%.
ICICI Prudential Asset Management Company reports a strong 45% year-on-year increase in net profit for Q3 FY25, reaching Rs 248 crore, driven by robust growth in assets under management.
Groww, the popular investment platform, plans to sell a 23% stake in its asset management subsidiary to raise capital for expansion and new initiatives.
IHG Hotels & Resorts plans to triple its Indian presence to 400 properties by 2030 through an asset-light model, introducing new premium brands and capitalizing on booming domestic tourism.
Moving abroad requires careful financial planning to avoid tax issues and penalties. This guide covers banking changes, asset management, and compliance steps for a smooth transition to NRI status.
State Street Global Advisors invests ₹580 crore in Groww Asset Management Co. The deal includes secondary and primary capital, diluting Billionbrains' stake by up to 23%.
Mohali Municipal Corporation restructures waste management into six zones post-delimitation. New RMC points planned to tackle rising waste. Read about the sanitation overhaul.
Prudential Financial's PGIM is exploring a sale of its loss-making Indian asset management business, acquired from Deutsche Bank in 2015, as rivals like BlackRock double down on the market. Sign up for key market insights.
India's Financial Intelligence Unit unveils stringent AML/KYC rules for crypto exchanges, including live selfies and geo-tracking to curb illegal activities. Learn what this means for investors.
India's FIU introduces stringent AML & KYC rules for crypto exchanges, mandating live selfie verification, geo-tracking, and penny-drop checks. Learn about the new compliance framework.
India's FIU mandates live selfies, geo-tracking, and penny-drop verification for crypto exchanges to curb money laundering. New rules target ICOs and mixers.
EuroChem's Russian arm seeks Bombay High Court's nod to enforce a Moscow court order to seize $2.2 billion in assets from Italy's MAIRE group. Key hearing on Jan 13.
Indian banks and NBFCs are expected to report strong Q3 FY26 results, driven by stable margins, healthy loan growth, and robust asset quality, according to a new report. Read the full analysis.
SEBI postpones new mutual fund distributor incentive scheme to March 1, 2026, to boost investment from B-30 cities & women. Details on commission structure inside.
SEBI defers new mutual fund distributor incentive scheme to March 1, 2026. The plan targets new investors from B-30 cities and women investors nationwide. Get the details.
SEBI defers new mutual fund distributor incentive scheme to March 1, 2026, giving AMCs more time. Plan aims to boost investors from B-30 cities and women. Read details.
Gold delivered multibagger returns in 2025, outperforming equities. As macro signals shift, learn the 10 essential strategies for wealth protection and growth in 2026. Focus on process over prediction.
Chasing market timing is like building the Maginot Line. Data shows perfect execution yields only ~1% extra CAGR. Learn why asset allocation and discipline are superior strategies for Indian investors.
Jefferies presses to question First Brands founder under oath amid a $715M invoice scandal. The legal battle intensifies as the former CEO cites the Fifth Amendment. Read the full details.
Michael Burry, famed for predicting 2008 crisis, warns US AI strategy reliant on Nvidia's power-hungry chips is flawed. He reveals billion-dollar bets against Nvidia and Palantir.
UAE's new laws bring clarity for expats on inheritance, asset distribution, and wills. Learn how Federal Decree-Law No. 51 of 2024 impacts your finances and family's future.
Mirae Asset Venture Investments (India) appoints ex-SteadView MD Puneet Kumar as CEO to sharpen strategy and capitalize on India's booming IPO and liquidity wave. Read more.
RBI's latest report reveals a sharp rise in banks selling stressed loans to ARCs in FY25, with private banks far outpacing public sector peers. Discover the key trends and strategic shifts in NPA resolution.
Macquarie Asset Management commits an additional £245 million to UK's Southern Water, finalising a year-long rescue deal to prevent a credit downgrade and upgrade infrastructure. Read the full story.
Discover the top-performing multi-asset allocation mutual funds that delivered up to 22.61% annualised returns in 2025. Learn why past performance is crucial but not a guarantee for future gains.
As digital assets enter mainstream finance, custody shifts from backend function to critical infrastructure. Experts warn that process failures, not tech, are the biggest risk. Discover the 2026 outlook.
Edelweiss Financial Services completes divestment of 10% stake in its asset management business to WestBridge Capital. Deal values Edelweiss Asset Management at ₹3,000 crore. Read details.
A new wave of activist investors, led by HoldCo, is targeting US regional banks like Comerica & KeyCorp. Trump's deregulation could fuel more campaigns in 2026. Read the full analysis.
Despite volatile markets in 2025, Indian mutual fund AUM grew to Rs 80.5 trillion. Multi-asset funds delivered 16% returns, while new income-plus-arbitrage funds gained tax-savvy investors. Discover key trends and what to expect in 2026.