HDFC Mutual Fund has introduced a cap of ₹25,000 per investor on systematic investment plan (SIP) contributions in the HDFC Defence Fund, with effect from May 4. The fund house has also allowed fresh registrations under systematic transfer plans (STP) only on a monthly frequency, with the same ₹25,000 limit. The changes apply to new
In a market where mutual fund rankings change faster than investor sentiment, one scheme has quietly climbed to the top — the Bank of India Small Cap Fund. The Bank of India Small Cap Fund has climbed the performance charts with a strong 5-year CAGR of 28.85%, outpacing its benchmark, the Nifty Smallcap 250 TRI,
TL;DR Founders Fund closed a $6 billion growth fund, its largest ever, less than a year after its predecessor was spent in under twelve months. The prior $4.6 billion fund backed just seven companies at an average check of $600 million, including $1.25 billion in Anthropic and $1 billion in Anduril. The speed and scale
Investing.com — Billionaire Bill Ackman blamed retail investors for the 18% decline in his newly listed closed-end fund on Wednesday, saying he expects the shares to recover. According to a Reuters report, Ackman told foreign journalists on Thursday that retail investors don’t know how to invest in IPOs, one day after listing the new stock-picking
YOUR hard-earned money can grow faster over time if you invest it wisely rather than leaving it to dwindle in a low rate savings account. And now the government is encouraging more people to switch from savings to investments. Sign up for the Money newsletter Thank you! Investing your money can leave you with more
Belfast City Airport’s Community Fund opens doors for young people with complex needs | Belfast City Airport Belfast City Airport has provided vital funding to Sense NI’s ‘Next Steps Programme’, helping young people with complex disabilities develop life skills, gain vocational training, and build independence during their transition into adulthood. With backing from Belfast City
The Bezos Earth Fund has announced $34m (£27m) in grants for sustainable fabric development. Materials and manufacturing account for roughly 80% of the fashion industry’s environmental footprint. The funding targets bio-based alternatives to conventional fabrics such as cotton, silk and rayon. Columbia University and the Fashion Institute of Technology receive $11.5m (£9.1m) for the largest
X Register for free to receive latest news stories direct to your inbox Register North West water and wastewater group, United Utilities, is launching an £800m equity raise to fund £2.5bn of extra investment. It said the extra funding is needed to fulfil its infrastructure investment, which is driven by demands such as increased housing
Saudi Arabia’s sovereign wealth fund is withdrawing investment from LIV Golf after the 2026 season, Sky News has been told. LIV has announced a new strategy going forward to try to keep the rebel series going without being reliant on the Public Investment Fund (PIF), which is overseen by Saudi Crown Prince Mohammed Bin Salman.
A special meeting is to be held in Brora to discuss a community council energy fund after payments were frozen amid governance concerns. Brora Community Council has announced it will hold an extraordinary meeting on Tuesday, May 5, at Brora Community Centre to discuss its fuel payment initiative. The meeting will be open to the