Mutual funds are one of the most preferred investment options these days. A mutual fund is an investment fund that is managed by a fund manager. The money invested by individual investors is pooled in to purchase different kinds of securities. The portfolio of securities is diverse and is tailored as per the investment goals of the investors. Mutual funds are considered to be a less risky investment option.On the basis of the subscription period, mutual funds can be classified into two categories – close-ended mutual fund and open-ended mutual fund. In a close-ended mutual fund, a fixed number of units are issued which are traded on the stock exchange. A closed-end fund functions like an exchange-traded fund. How does closed-end fund work?As per the guidelines of the securities market regulator SEBI, a mutual fund is launched through a New Fund Offer which can be open for a maximum of 30 days. The funds are then traded in the open market like shares. The price of the fund is … [Read more...] about Close-end funds: What is close-ended Mutual Fund and how it works
Boston based hedge funds
Singapore should put in place a billion-dollar funding arrangement for investments in Indian start-ups that are poised for exponential growth, according to experts.Technologist and venture capitalist Mohandas Pai sees good potential for Singapore-India partnership in building the start-up ecosystem.He called for a billion-dollar fund of funds for investments in at least 1,000 start-ups in India, which has a spread of over 40,000 such entities with 5,000-6,000 start-ups joining the industry every year.Close "By 2025, we will have 1,00,000 start-ups and create USD 500 billion of value and employ 3.25 million people,” Pai said on the sidelines of Singapore Fintech Festival 2019. related news IOC, GAIL to pay Adani 5% more charge than their own LNG terminal: Dharmendra Pradhan USFDA lens slow down Indian pharma exports, says CII official Echoing similar view, Girija Pande, Chairman of Apex Avalon Consulting, who currently mentors four Indian start-ups in deep technology … [Read more...] about Singapore should put in place billion dollar funding arrangement for Indian start-ups: Experts
"We want to make investing as easy as booking a cab," says Vasanth Kamath, Founder and CEO of smallcase, a Bengaluru-based startup that is paving the way for modern investors allowing them to choose from professionally tailored baskets of stocks that reflect an investing idea or strategy.Currently, seven brokers have a collaboration with the company and are offering this platform. They include Kotak Securities, HDFC Securities, 5paisa, Edelweiss, Zerodha, Alice Blue and Axis Securities.Kamath tells us about the company and products on offer in an interview with Moneycontrol's Suyash Maheshwari.Close Edited excerpts: related news Delhi-NCR pollution: Ola and Microsoft to collect air quality data PFRDA studies proposal to allow pension fund managers to provide annuity services Xiaomi seeks incentives to boost exports, seeks clarity on proposed rules Q: You, along with other founders, are IIT Kharagpur graduates. What prompted you to launch an equity investing … [Read more...] about We want to make investing as easy as booking a cab, says founder of smallcase
Wockhardt share price rallied 13 percent intraday on November 18 after sources told Moneycontrol that domestic strategic suitors and global private equity firms are in the race to buy select business divisions of the company. These divisions have been put on the block to reduce the firm’s debt burden.The stock gained 19 percent in the last one month. It was quoting at Rs 301.40, up Rs 30.40, or 11.22 percent on the BSE at 1251 hours IST."Cipla, Dr Reddy's Laboratories, private equity fund Carlyle and Hong Kong-based investment fund PAG are among the suitors in the race for these select business portfolios," said a source.Close "Wockhardt is expecting a valuation between Rs 2,400-2,700 crore as the combined valuation for the proposed sale of these segments. The company has attempted various routes in the past to raise funds and this is a fresh construct involving the sale of controlling stake and has attracted considerable interest. Sizeable domestic businesses have always … [Read more...] about Wockhardt share price climbs 13% after peers and global PE firms race to buy select divisions
Bengaluru-based smallcase Technologies is paving the way for modern investors allowing them to choose from professionally tailored baskets of stocks that reflect an investing idea or strategy.Currently, seven brokers have a collaboration with the company and are offering this platform. They include Kotak Securities, HDFC Securities, 5paisa, Edelweiss, Zerodha and Axis Securities.How does smallcase work?Close smallcase account allows an investor to buy and sell tradable securities based on the predefined combinations. related news Delhi-NCR pollution: Ola and Microsoft to collect air quality data PFRDA studies proposal to allow pension fund managers to provide annuity services Xiaomi seeks incentives to boost exports, seeks clarity on proposed rules To use the platform, follow these steps:-Go to smallcase website and click on login. You have to use cedentials provided by your broker to login. However, if you use any other broker other than … [Read more...] about Explainer | What is smallcase and how to invest using the platform?