Indian Banking Industry News & Updates
Why Angel One needs to look beyond the broking business
Angel One Ltd's mainstay is its broking business, accounting for almost 70% of its total revenue. But is that enough?
Panic-struck FPIs ramp up bearish futures bets overnight
Mumbai: Foreign institutional investors (FIIs) in Indian markets seem to have pressed the panic button.
Best mutual funds: These 7 large cap schemes beat the benchmark in past 1, 3 and 5 years
When a retail investor opts for a mutual fund scheme, they tend to give a considerable priority to the returns delivered by the scheme vis-à-vis other schemes in the category.
Passive funds lose charm amid falling returns
ET Intelligence group: Investors’ interest in passive products has waned over the past year due to lower returns amid regulatory changes after showing a strong traction in the previous year. The 12-month cumulative flow in the passive funds dropped to a 33-month low of Rs 49,846 crore in March 2024, the data from the Association of Mutual Funds in India (AMFI) showed. The sample includes exchanged traded funds (ETFs) and index funds. The inflow was Rs 1,55,197 crore in the year-ago month.The peak cumulative flow in the passive funds was Rs 1.6 lakh crore in October 2022. In March 2024, passive funds attracted an inflow of Rs 3,644 crore, half of the last one-year average.
NSE to launch monthly futures and options contracts on Nifty Next 50 from April 24
Chennai: The National Stock Exchange of India on Thursday said that it will launch monthly futures and options (F&O) contracts on Nifty Next 50, widely known as Junior Nifty, from April 24. The leading equity derivatives bourse has received approval from the Securities and Exchange Board of India for the launch. The exchange will offer three serial monthly index futures and index options contract cycles. The cash-settled derivatives contracts will expire on the last Friday of the expiry month.
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