A gold FoF acts as a feeder pipe that invests in underlying gold ETFs. At DSP Mutual Fund, the gold FoF has ₹500 crore-600 crore of assets under management, representing roughly 20% of the ₹3,000 crore gold ETF total size. According to data from DSP MF, the total industry size of gold FoF stood at ₹47,359 crore as of August compared with ₹53,638 crore in March and ₹22,837 crore in September 2025.
Meesho shares have gained nearly 19% so far in 2026, but CLSA believes the stock’s valuation already reflects overly optimistic expectations for advertising revenue, order growth and logistics savings. The company’s shares have gained 18.76% year to date, outperforming the Nifty 500, which has declined 3.90% over the same period. Despite the rally, CLSA maintained…
Amazon’s market capitalisation surpassed $3 trillion for the first time on Monday as its shares rallied following strong earnings and signs that the AI boom is fueling demand for its highly profitable cloud-computing business. The stock climbed 5.5% to a record $286.20, extending its year-to-date gain to more than 23%. Shares of the Seattle-based e-commerce…
As we celebrate the bond between brothers and sisters on Raksha Bandhan, a financial gift can make the occasion more meaningful. Instead of a traditional present, you can gift mutual fund units to your sibling and help build a long-term financial cushion. From the transfer process and eligibility to taxation and SIPs, here’s what investors…
Market veteran Vikas Khemani’s Carnelian Asset Management has filed a draft document with Sebi to launch its first fund, a liquid fund. Carnelian Liquid Fund will be an open-ended liquid scheme with a relatively low interest rate risk and moderate credit risk. The fund house received approval from the Securities and Exchange Board of India…
Kedia Securities, backed by ace investor Vijay Kedia, made a fresh entry into smallcap engineering company Eimco Elecon (India) during the June 2026 quarter, acquiring a 1.45% stake, equivalent to 83,930 shares, according to the latest shareholding data. At the current market price of Rs 1,755 per share, the value of Kedia Securities’ holding stands…
Turning 60 in India is often viewed as the point when regular earnings stop. But it also unlocks advantages that can help cushion retirement finances. On Senior Citizens’ Day on 21 August, let’s discuss the financial benefits seniors can avail. Reaching 60 unlocks a range of financial benefits in India. These span higher interest rates,…