Venture capital firm Capital-A has raised Rs 160 crore in the first close of its second fund. The fund, which focuses on manufacturing startups, is targeting a total base corpus of Rs 300 crore, with a greenshoe option to selectively upsize to Rs 400 crore. The fund is primarily being anchored by its general partner
American Funds Income Fund of America’s manager roster continues to evolve. But the crew running this strategy continues to be better than most. This income-seeking strategy will have seen a total of six equity managers depart from the start of 2022 through the end of 2025; several have been added during the period, and there
American Funds Income Fund of America’s manager roster continues to evolve. But the crew running this strategy continues to be better than most. This income-seeking strategy will have seen a total of six equity managers depart from the start of 2022 through the end of 2025; several have been added during the period, and there
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Mutual fund activity in March shows both Nippon India Mutual Fund and Mirae Asset Mutual Fund stepping up additions across sectors, with a noticeable tilt toward consumer, financials, and select mid-cap ideas. Data from the Prime MF Database monthly tracker shows a sharp difference in approach, with Mirae Asset Mutual Fund adding 54 new stocks
Despite not yet paying out any money, a UN-backed fund meant to address the loss and damage caused to developing countries by climate change could face “liquidity issues” by the end of next year, its head warned today. With ten projects already requesting $166 million in total, the fund’s Executive Director Ibrahima Cheikh Diong warned
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative
Systematic investment plans (SIPs) in Canara Robeco Mutual Fund’s Canara Robeco Conservative Hybrid Fund have turned a total investment of ₹28 lakh—made through monthly contributions—into ₹86.73 lakh since inception, delivering an XIRR of 8.65%, according to data released by the fund house as the scheme completes 38 years on April 24. The SIP illustration is
Rather than demanding money, HMRC is giving it away for once with a new campaign to reunite thousands of young Britons with forgotten savings accounts typically containing £2,200. HM Revenue and Customs is contacting 21-year-olds as part of a new awareness drive around lost child trust funds (CTF) – the tax-free savings accounts set up
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