Of the 33 SIFs launched to date, 11 are hybrid long-short funds, which must invest at least 25% each in equity and equity-related instruments and debt, and can take short positions of up to 25% of net assets. They managed over ₹19,000 crore of investor assets, about 63% of the total SIF assets under management (AUM) as of 31 August 2026, according to data from SIF360.com.
For investors with a shorter horizon of at least six months, Pranay Sinha, senior fund manager-fixed income investments at Nippon India Mutual Fund, suggested categories such as short-term and corporate debt funds. There can be short-term volatility, he said, but over the medium term it tends to get absorbed.
Traders are increasingly betting on an October rate hike by the Reserve Bank of India, with surging oil prices and broadening inflation strengthening the case for tighter policy, while an expected Federal Reserve hike adds to the pressure, four traders said. The one-year overnight index swap rate rose 8 basis points on Tuesday to 6.11%,…
It is important for residents to complete their due diligence and secure adequate safeguards before handing over possession of the existing building to the builder
The 8th Pay Commission today, 3 August, marked nine months since its constitution on 3 November 2025. Headed by Justice Ranjana Prakash Desai, as the Chairperson, the Commission has now completed half of its allocated 18-month term. It will submit final recommendations on salaries, fitment factor, allowances and pension reforms to the central government. Over…
Indian parents looking to help an NRI or OCI child buy property overseas must consider foreign exchange regulations and tax implications before transferring funds. Such transactions are governed by the Foreign Exchange Management Act (FEMA) and the Reserve Bank of India’s (RBI) Liberalised Remittance Scheme (LRS). Families must also decide whether the contribution will be…
The Central Board of Direct Taxes (CBDT) has notified the Cost Inflation Index (CII) at 384 for FY2026-27, a key number used to calculate indexed cost for eligible long-term capital gains. While Budget 2024 largely did away with indexation for long-term capital assets, the benefit has not disappeared entirely. A limited category of taxpayers selling…