<ul><li> Pharma and <keyword id="153455" type="General" weightage="60" keywordseo="infra-funds" source="Orion">infra funds</keyword> were among the top performing category, while IT funds recovered and made a strong comeback.</li><li><keyword id="511317" type="General" weightage="60" keywordseo="smallcap-funds" source="Orion">Smallcap funds</keyword> stole the show with monthly inflows of ₹4,265 crore against ₹4,171 crore in July.</li><li>Smallcap funds continue to perform well and have outperformed in the recent rally from the lows in March 2023. </li></ul> August has been a watershed month for the mutual fund industry with total assets of the industry touching ₹47 lakh crore. Of this, ₹24 lakh crore is in equity, hybrid and solution oriented schemes. Barring new fund offers, inflows were higher at ₹15,200 crore in August compared to ₹4,600 crore in July 2023. Total inflows including NFOs in August stood at ₹20,200 crore against ₹7,600 crore in July. Indian investors are systematic about their investments now and through the systematic investment plans they have pumped in ₹15,814 crore into equity oriented funds. The 40% rally in midcap stocks has had a ripple effect on inflows into midcap funds too, which saw investors pumping in ₹2,500 crore in August against ₹1,600 crore in July. Multi-cap funds saw inflows of ₹2,000 crore against ₹1,000 crore in July. Large cap funds continued to see outflows, while thematic funds flows increased by ₹2,500 crore. Smallcap funds stole the show with monthly inflows of ₹4,265 crore against ₹4,171 crore in July. Inflows in eight months from January 2023 to August 2023 is at ₹26,000 crore. Last year, at the same time (Jan-Aug 2022), inflows were at ₹13,000 crore. In debt, corporate bond funds saw higher inflows after many months. In the last six months, pharma and infra funds were among the top performing categories, while IT funds recovered and made a strong comeback. Infrastructure funds have seen consistent outperformance in the last one year as cyclical sectors outperform stable sectors like IT and Pharma. The banking sector similar to the infrastructure sector has been at the forefront in terms of performance in the last one year. After the battering, IT funds outperformed in the last three months,having underperformed prior to that, says ICICI Securities. The research house says that <keyword id="1057062" type="General" weightage="60" keywordseo="pharma-funds" source="Orion">pharma funds</keyword> followed the performance trajectory of IT funds, which after having underperformed significantly in the last one year, staged a comeback in the last three months as investor’s interest was visible at lower levels. Small cap funds continue to perform well and have outperformed in the recent rally from the lows in March 2023. In the last four months, from the lows in March 2023, BSE Small cap index is up 30% while the S&amp;P BSE Sensex is up less than 17%. Small cap funds have seen significant underperformance in the last few years. If overall markets remain stable, small cap funds may continue to outperform, going forward.

August has been a watershed month for mutual funds with cumulative inflows crossing ₹20,000 cr

Online auto classified platform <keyword id="1980082" type="PERSON" weightage="20" keywordseo="Cartrade">CarTrade</keyword> Tech on Friday said it has raised Rs 900 crore from anchor investors ahead of its initial public offering, which opens on Monday. The company has decided to allocate 55,59,664 equity shares to anchor investors at Rs 1,618 apiece, valuing the transaction size to Rs 899.55 crore, according to a circular uploaded on the BSE website. Nomura, HSBC Global, Goldman Sachs, Jupiter India Fund, Elara India Opportunities Fund, Aditya Birla Sun Life Insurance Company, Bajaj Allianz Life Insurance Company, Bharti Axa Life Insurance Company, Axis Mutual Fund (MF), HDFC MF, Kotak MF and Sundaram MF are among the anchor investors. The initial share-sale will be entirely an offer for sale (<keyword id="883402" type="ORGANIZATION" weightage="20" keywordseo="OFS">OFS</keyword>) of 18,532,216 equity shares. Among the investors participating in the OFS are -- CMDB II (22.64 lakh equity shares), Highdell Investment Ltd (84.09 lakh shares), Macritchie Investments Pte Ltd (50.76 lakh shares), and <keyword id="11723135" type="UNKNOWN" weightage="20" keywordseo="springfield-venture-international">Springfield Venture International</keyword> (17.65 lakh shares). Currently, CMDB II holds 11.93 per cent stake in CarTrade, Highdell Investment owns 34.44 per cent stake, MacRitche Investment has 26.48 per cent shareholding, and Springfield Venture International holds 7.09 per cent stake in the company. The public issue, with a price band of Rs 1,585-1,618 a share, will open for subscription on August 9 and conclude on August 11. At the upper end of the price band, the <keyword id="6354763" type="UNKNOWN" weightage="20" keywordseo="ipo">IPO</keyword> is expected to mobilise Rs 2,998.51 crore. Half of the issue size has been reserved for qualified institutional buyers (QIBs), 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors. Founded in 2009, CarTrade is backed by marquee investors -- <keyword id="6402698" type="UNKNOWN" weightage="20" keywordseo="warburg-pincus">Warburg Pincus</keyword>, Temasek, JPMorgan and March Capital. The CarTrade platform allows customers to buy and sell used cars as well as new cars. The firm is a multi-channel auto platform with coverage and presence across vehicle types and value-added services through its brands -- CarWale, CarTrade, <keyword id="209119" type="COMPANY" weightage="20" keywordseo="Shriram-Automall">Shriram Automall</keyword>, BikeWale, CarTrade Exchange, Adroit Auto and AutoBiz. The company's consumer platforms i.e. CarWale, CarTrade and BikeWale, collectively get 3.2 crore average unique visitors every month (during the three-month period ending March 31, 2021), and Shriram Automall and other auction platforms had 8,14,316 vehicles listed for auction during FY21. The company generates revenues from commission and fees from auctions and re-marketing services, online advertising solutions, lead generation, technology-based services to OEMs, dealers, banks and other financial institutions, and inspection and valuation services. Axis Capital, Citigroup Global Markets India, Kotak Mahindra Capital Company and <keyword id="6600258" type="UNKNOWN" weightage="20" keywordseo="Nomura-Financial-Advisory">Nomura Financial Advisory</keyword> and Securities (India) Private Limited are the investment bankers to the issue. SEE ALSO <a href="https://www.businessinsider.in/stock-market/news/krsnaa-diagnostics-ipo-open-today-check-out-how-to-apply/articleshow/85017014.cms">Krsnaa Diagnostics IPO opens—here is all you need to know</a> <a href="https://www.businessinsider.in/business/startups/news/these-are-some-of-the-highest-paid-founders-of-indian-startups-tapping-capital-markets-this-year/slidelist/85005261.cms">These are some of the highest paid founders of Indian startups tapping capital markets this year</a>

CarTrade raises ₹900 crore from anchor investors ahead of its IPO, issue opens on Monday

<ul><li>Currently, there are 44 registered <keyword id="6354820" type="General" weightage="20" keywordseo="mutual-fund" source="Orion">mutual fund</keyword> companies in India offering a variety of schemes.</li><li>Equity funds are risky investment vehicles meant for long term investment.</li><li>Unlike equity funds, debt funds are for short term goals that offer steady returns.</li></ul>Mutual funds are by now a very popular investment vehicle, but many of us still don’t know what it is and what kind of mutual funds are available to invest in. Firstly, a mutual fund (MF) is a pool of money collected from many investors, which later gets invested in buying stocks, bonds etc., by a professional fund manager on behalf of investors. The fund manager aims to invest in quality financial instruments and make the most out of these investments. The fund manager attempts to create higher wealth over that investment base. Currently, there are 44 registered mutual fund companies in India offering a variety of schemes to satisfy the dynamic needs of diverse investors. Each MF scheme has a different objective towards investment. So, an investor needs to pick the mutual fund that suits his/her needs and risk profile. Let’s get to know some of the common type of mutual funds: Equity One of the most popular types of mutual fund is equity. <keyword id="6361918" type="General" weightage="20" keywordseo="equity-mutual-funds" source="Orion">Equity mutual funds</keyword> invest money in company’s shares and their returns depend on how the stock market performs. Such funds are generally considered more risky as the equity market happens to be very volatile. Now equity funds can be classified into types of schemes such as large cap, mid-cap, small cap, flexi cap and so on. Invest in equity schemes only if you have a long term investment horizon and high risk appetite as equities beats inflation over the long term like 7-10 years. The main objective of these funds is to achieve long-term capital growth. Equity funds invest at least 65% of their corpus in equity and equity-related securities. These funds may invest in a wide range of industries or focus on one or more sectors. Risk in such mutual funds are associated with a company the fund has invested in. Suppose if a stock of a company, the underlying fund has invested in, declines. The decline will reflect your returns as well. Also, remember, it is not the only company the fund has invested in, the other companies in the fund can offset the losses. Sector specific funds These are mutual funds that invest in a specific sector. These can be sectors like technology, infrastructure, banking, mining etc., or specific segments like mid-cap, small cap or large cap segments. Index funds An index fund is a mutual fund that imitates the portfolio of an index. Such funds promise to deliver returns same as the index they are mirroring. For instance, if a fund is attached to the BSE Sensex, then your fund returns will be almost equal to that index. An index mutual fund follows the same strategy as the index it is based on. Tax saving funds Tax saving funds, typically known as equity-linked saving schemes (ELSS) is another type of equity scheme. Such funds offer tax benefits to investors. The investments in the scheme are eligible for tax deduction under section 80C of the Income Tax Act, 1961. Solution-oriented schemes Such schemes are for specific goals like collecting funds for children’s education or marriage, or for retirement. They come with a lock-in period of at least five years. Debt Debt funds invest a majority of the money in fixed income instruments, such as corporate and government bonds, corporate debt securities, and money market instruments etc., that offer capital appreciation. Debt funds are also referred to as fixed income funds. Debt funds are comparatively safer than equity funds. Unlike equity funds, debt funds are meant to fulfill your short-term goals. Also, debt funds are more beneficial than fixed deposits and recurring deposits where you have to stay invested for a pre-committed period or have to pay a fine in case of early withdrawal. Low cost structure, relatively stable returns and relatively high liquidity are some other benefits of investing in debt funds. It is usually recommended to hold a percentage of your total investment in debt for steady returns in not-so-risky funds. Liquid fund is among popular debt funds to invest in the short term. There are other schemes as well like short duration funds, ultrashort duration funds, gilt funds, money market funds and so on. Mutual fund type based on duration Open-ended If you choose to invest in an open ended mutual fund scheme then you can withdraw anytime from these funds as they do not have a fixed maturity period. Closed-ended In closed-ended mutual funds, your investment is locked in for a specified period of time with a fixed maturity date. An investor can enter these types of mutual funds only during the new fund offer (NFO) period and redeem on the date of maturity which is typically 3-7 years. Besides, closed-ended schemes are listed on stock exchanges and one can attempt to sell them before maturity, however they generally trade at a discount. An NFO is when a fund house launches a new mutual fund scheme to raise capital to operate a fund. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/infosys-cadila-healthcare-adani-enterprises-and-other-top-stocks-to-watch-out-for-on-august-23/slidelist/85551667.cms">Infosys, Cadila Healthcare, Adani Enterprises and other top stocks to watch out for on August 23</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/finance-ministry-summons-infosys-ceo-over-glitches-in-it-e-filing-portal/articleshow/85533986.cms">Finance Ministry summons Infosys CEO over glitches in IT e-filing portal</a>

Looking to invest in mutual funds? Here are the different schemes you should know of

<img src="https://static-ssl.businessinsider.com/image/52e92eab6da811974b6a4c96-965-724/cristina-fernandez-de-kirchner-3.jpg" border="0" alt="cristina fernandez de kirchner">In October of 2012 hedge fund manager Paul Singer pulled off a stunning trick. As collateral for a decade-long, billion dollar debt, he convinced a Ghanaian Court to impound an Argentine military vessel, La Fragata Libertad, sitting in one of the African nation's harbors - indefinitely, 200 person crew aboard. </img>
A lawyer for Ghana's Ports and Harbor Authority called it an <a href="http://www.businessinsider.com/guns-drawn-on-argentine-naval-ship-2012-11">"international disaster."</a> The International Maritime Court of the Sea had to get involved. As you can imagine, Argentina's President, Cristina Fernandez de Kirchner, was enraged at the "vulture" hedge fund manager.
<img class="float_left" src="https://static-ssl.businessinsider.com/image/53ee41f669beddf448d39542-712-534/libertad.jpeg" border="0" alt="libertad">She may take Singer's next trick even more personally. </img>
A Judge in Nevada <a href="http://www.businessweek.com/news/2014-08-13/paul-singer-gets-ok-to-chase-argentina-money-trail-to-nevada">has granted Singer's request</a> to dig into over 123 shell companies allegedly set up by an Argentine businessman named Lazaro Baez.
In Argentina, Baez has been accused of laundering money for the President and her late husband, former President Nestor Kirchner, since they got to power in 2003.
Singer's lawyers allege that around $65 million in Kirchner ill-gotten gains could be sitting within those companies - and thanks to a June Supreme Court ruling upholding a part of the Foreign Sovereign Immunities Act, he's allowed to chase Kirchner money to the end of the earth.
It's all in an effort to seek some payment of the over $1.3 billion worth of sovereign debt the country owes him and a group of hedge funds known collectively as NML. Back in 2001 they bought Argentine debt for pennies on the dollar and refused to take haircuts on that debt. Argentina, in turn, refuses to pay them even under an American Court's order.
Until Argentina pays up, NML is trying to get whatever Argentine money it can through what seems like dogged detective work - this investigation into 123 Nevada companies is just one example of that.
"We will have a much clearer road map to the source of the funds that funded these 123 corporations [once discovery is complete],"&#xa0;said Robert A. Cohen who serves as legal counsel to Singer and the group of hedge fund creditors known as NML Capital. "It is believed that at the end of the rainbow we will find high powered Argentine official."
Here's why: Last year an Argentine TV show called Periodismo Para Todos (Journalism For Everyone) aired a series called The "K" Money Route.&#xa0;It was an expose attempting to answer a simple question; In the 11 years since the Kirchners came to power, how did their wealth explode from $1.4 million to $14.1 million according to government filings?
The President's annual salary equals a little more than <a href="http://www.coha.org/the-president-wears-prada-the-rise-fall-and-misconceptions-of-cristina-fernandez-de-kirchners-presidency/">$100,000 a year according to the Council of Hemispheric Affairs.</a>
The series alleged that that $14.1 million number might low, and focused on Baez, a construction magnate who won millions in government contracts after Nestor Kirchner took power. Two businessmen - one allegedly working as a courier for Baez, and another as a financier - admitted that they had a hand in laundering money for the Kirchner's.
One was even caught on tape weighing bags of cash to be sent abroad.
After the segment aired, though, the two businessmen retracted their statements. One of the businessmen is now in jail for tax evasion, <a href="http://online.wsj.com/articles/in-argentina-mix-of-money-and-politics-stirs-intrigue-around-kirchner-1406601002">according to the Wall Street Journal.</a>
Also, an Argentine prosecutor named Jose Maria Campagnoli, who produced a big report on the matter was suspended in December. The report spoke of 150 companies Baez set up in the United States to funnel kickbacks from his government contracts back to the Kirchners.
Baez denies any wrongdoing. He also denies that he has any business ventures outside of Argentina - let alone shell companies in the American desert.
The way Baez tells it, he's only a good friend of the Kirchners; The kind of friend who allegedly rents out 90 hotel rooms from the Kirchners' boutique hotel a year - rooms that stay empty, <a href="http://online.wsj.com/articles/in-argentina-mix-of-money-and-politics-stirs-intrigue-around-kirchner-1406601002">according to the Wall Street Journal. </a>
The kind of friend who offers to pay $1.6 million in eight installments for a property worth $1.5 million - as long as $200,000 of the last installment go to the President's reelection campaign.
Baez also built the mausoleum in which Nestor Kirchner's body rests.
<img class="float_right" src="https://static-ssl.businessinsider.com/image/4f5076fbeab8ea0108000000-400-300/paulsinger.3.12.jpg" border="0" alt="paul singer">One can only imagine what Paul Singer was thinking when he heard about all this. His pursuit of Argentina's funds has shown no limits, and his tracking skills have led him to assets everywhere from Belgium to Elon Musks company, Space X.</img>
"We're not terribly sensitive to where the money is," said Cohen on a conference call to journalists on Thursday.
That lack of "sensitivity" is how, according to a Court filing, NML's lawyers tracked down these 123 shell companies in Nevada set up by a Panamanian law firm called Mossack and Fonseca. In Cohen's own words, Mossack and Fonseca operates "close to the edge of the law", with operations in Seychelles, a popular tax haven.
In a Court filing NML wrote:
NML suspects that 123 Nevada corporations were used to launder $65 million of embezzled Argentine funds. Now, as Argentina suffers its second sovereign default in thirteen years-(in part because of this action)-NML seeks information from these corporations to locate the $65 million. In August of 2013, NML served subpoenas on the 123 corporations and their commercial registered agent, M.F. Corporate Services. M.F. Corporate Services produced responsive documents; but the corporations did not. They contend that no responsive documents exist. NML contends this is false.
The custodian of&#xa0; the 123 companies is one of the firm's attorneys Leticia Montoya. In response to a subpoena from NML's lawyers issued in August of 2013, she conceded that "the 123 corporations are shell corporations without any offices, business, or personnel in Nevada."
With this response in hand, NML rolled its eyes and filed a motion to compel discovery - forcing Montoya to cough up any and all documents related to the 123 - and a Nevada Judge granted that motion.
"We really don't know the extent of the corruption and how much has been stolen," said Cohen. He admitted that $65 million might just be the tip of the iceberg here.
"It would be a mistake for us to disclose what our plans are," said Cohen, "but I assure you we will follow [Argentina's funds] the ends of the earth."
<h3>
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Paul Singer's Next Trick Could Make The Argentine Government Way Angrier Than The Time He Took Its Boat

<div class="KonaFilter image-container display-table"><div><div class="image"><img src="https://static-ssl.businessinsider.com/image/52e92eab6da811974b6a4c96-965-724/cristina-fernandez-de-kirchner-3.jpg" alt="cristina fernandez de kirchner" border="0">Getty Images</img></div></div></div>In October of 2012 hedge fund manager Paul Singer pulled off a stunning trick. As collateral for a decade-long, billion dollar debt, he convinced a Ghanaian Court to impound an Argentine military vessel, La Fragata Libertad, sitting in one of the African nation's harbors - indefinitely, 200 person crew aboard.
A lawyer for Ghana's Ports and Harbor Authority called it an <a href="http://www.businessinsider.com/guns-drawn-on-argentine-naval-ship-2012-11">"international disaster."</a> The International Maritime Court of the Sea had to get involved. As you can imagine, Argentina's President, Cristina Fernandez de Kirchner, was enraged at the "vulture" hedge fund manager.
<div class="KonaFilter image-container display-table float_left"><div><div class="image"><img src="https://static-ssl.businessinsider.com/image/53ee41f669beddf448d39542-712-534/libertad.jpeg" alt="libertad" border="0">Wikimedia CommonsLa Fragata Libertad</img></div></div></div>She may take Singer's next trick even more personally.
A Judge in Nevada <a href="http://www.businessweek.com/news/2014-08-13/paul-singer-gets-ok-to-chase-argentina-money-trail-to-nevada">has granted Singer's request</a> to dig into over 123 shell companies allegedly set up by an Argentine businessman named Lazaro Baez.
In Argentina, Baez has been accused of laundering money for the President and her late husband, former President Nestor Kirchner, since they got to power in 2003.
Singer's lawyers allege that around $65 million in Kirchner ill-gotten gains could be sitting within those companies - and thanks to a June Supreme Court ruling upholding a part of the Foreign Sovereign Immunities Act, he's allowed to chase Kirchner money to the end of the earth.
It's all in an effort to seek some payment of the over $1.3 billion worth of sovereign debt the country owes him and a group of hedge funds known collectively as NML. Back in 2001 they bought Argentine debt for pennies on the dollar and refused to take haircuts on that debt. Argentina, in turn, refuses to pay them even under an American Court's order.
Until Argentina pays up, NML is trying to get whatever Argentine money it can through what seems like dogged detective work - this investigation into 123 Nevada companies is just one example of that.
"We will have a much clearer road map to the source of the funds that funded these 123 corporations [once discovery is complete]," said Robert A. Cohen who serves as legal counsel to Singer and the group of hedge fund creditors known as NML Capital. "It is believed that at the end of the rainbow we will find high powered Argentine official."
Here's why: Last year an Argentine TV show called Periodismo Para Todos (Journalism For Everyone) aired a series called The "K" Money Route. It was an expose attempting to answer a simple question; In the 11 years since the Kirchners came to power, how did their wealth explode from $1.4 million to $14.1 million according to government filings?
The President's annual salary equals a little more than <a href="http://www.coha.org/the-president-wears-prada-the-rise-fall-and-misconceptions-of-cristina-fernandez-de-kirchners-presidency/">$100,000 a year according to the Council of Hemispheric Affairs.</a>
The series alleged that that $14.1 million number might low, and focused on Baez, a construction magnate who won millions in government contracts after Nestor Kirchner took power. Two businessmen - one allegedly working as a courier for Baez, and another as a financier - admitted that they had a hand in laundering money for the Kirchner's.
One was even caught on tape weighing bags of cash to be sent abroad.
After the segment aired, though, the two businessmen retracted their statements. One of the businessmen is now in jail for tax evasion, <a href="http://online.wsj.com/articles/in-argentina-mix-of-money-and-politics-stirs-intrigue-around-kirchner-1406601002">according to the Wall Street Journal.</a>
Also, an Argentine prosecutor named Jose Maria Campagnoli, who produced a big report on the matter was suspended in December. The report spoke of 150 companies Baez set up in the United States to funnel kickbacks from his government contracts back to the Kirchners.
Baez denies any wrongdoing. He also denies that he has any business ventures outside of Argentina - let alone shell companies in the American desert.
The way Baez tells it, he's only a good friend of the Kirchners; The kind of friend who allegedly rents out 90 hotel rooms from the Kirchners' boutique hotel a year - rooms that stay empty, <a href="http://online.wsj.com/articles/in-argentina-mix-of-money-and-politics-stirs-intrigue-around-kirchner-1406601002">according to the Wall Street Journal. </a>
The kind of friend who offers to pay $1.6 million in eight installments for a property worth $1.5 million - as long as $200,000 of the last installment go to the President's reelection campaign.
Baez also built the mausoleum in which Nestor Kirchner's body rests.
<div class="KonaFilter image-container display-table float_right"><div><div class="image"><img src="https://static-ssl.businessinsider.com/image/4f5076fbeab8ea0108000000-400-300/paulsinger.3.12.jpg" alt="paul singer" border="0">World Economic Forum via FlikrPaul Singer, founder of Elliott Management</img></div></div></div>One can only imagine what Paul Singer was thinking when he heard about all this. His pursuit of Argentina's funds has shown no limits, and his tracking skills have led him to assets everywhere from Belgium to Elon Musks company, Space X.
"We're not terribly sensitive to where the money is," said Cohen on a conference call to journalists on Thursday.
That lack of "sensitivity" is how, according to a Court filing, NML's <keyword id="6355470" type="CITY" weightage="60" keywordseo="Law">law</keyword>yers tracked down these 123 shell companies in Nevada set up by a Panamanian law firm called Mossack and Fonseca. In Cohen's own words, Mossack and Fonseca operates "close to the edge of the law", with operations in Seychelles, a popular tax haven.
In a Court filing NML wrote:
NML suspects that 123 Nevada corporations were used to launder $65 million of embezzled Argentine funds. Now, as Argentina suffers its second sovereign default in thirteen years-(in part because of this action)-NML seeks information from these corporations to locate the $65 million. In August of 2013, NML served subpoenas on the 123 corporations and their commercial registered agent, M.F. Corporate Services. M.F. Corporate Services produced responsive documents; but the corporations did not. They contend that no responsive documents exist. NML contends this is false.
The custodian of the 123 companies is one of the firm's attorneys Leticia Montoya. In response to a subpoena from NML's lawyers issued in August of 2013, she conceded that "the 123 corporations are shell corporations without any offices, business, or personnel in Nevada."
With this response in hand, NML rolled its eyes and filed a motion to compel discovery - forcing Montoya to cough up any and all documents related to the 123 - and a Nevada Judge granted that motion.
"We really don't know the extent of the corruption and how much has been stolen," said Cohen. He admitted that $65 million might just be the tip of the iceberg here.
"It would be a mistake for us to disclose what our plans are," said Cohen, "but I assure you we will follow [Argentina's funds] the ends of the earth."

Jeffrey Epstein was accused of sex trafficking young girls on his mysterious private island. Over 40 years ago, a different millionaire escaped justice in a stunningly similar case.

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August has been a watershed month for mutual funds with cumulative inflows crossing ₹20,000 cr

BI India Bureau

CarTrade raises ₹900 crore from anchor investors ahead of its IPO, issue opens on Monday

PTI

Looking to invest in mutual funds? Here are the different schemes you should know of

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Paul Singer's Next Trick Could Make The Argentine Government Way Angrier Than The Time He Took Its Boat

Linette Lopez

Paul Singer's Next Trick Could Make The Argentine Government Way Angrier Than The Time He Took Its Boat

Linette Lopez

Jeffrey Epstein was accused of sex trafficking young girls on his mysterious private island. Over 40 years ago, a different millionaire escaped justice in a stunningly similar case.

Áine Cain