MF Query: Maximizing monthly income with hybrid funds – Senior citizens’ guide for Rs 15-20L investment
In the pursuit of low-risk monthly income, investors often seek strategies that balance growth potential with stability especially if someone is closer to retirement. Alekh Yadav, Head of Investment Products at Sanctum Wealth, addresses key considerations for such investors, particularly those like Rajiv Tandon, a senior citizen aiming for steady returns. Yadav outlines the advantages…
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Ashish Kacholia invests in AI-based wealthtech platform
InvestorAi, AI-powered equity investment platform, has announced that it has raised Rs 80 crores in a Series A round from well-known investor Ashish Kacholia, Founder, of Lucky Investment Managers, and his associates. Funds raised will be used for scaling the business and adding new products. Positron, a Mumbai-based Consulting and Capital Advisory firm, was the…
READ MOREIndoSpace to invest over Rs 580 crore to develop two logistics parks in Karnataka
Private equity firm Everstone Group-backed developer and owner of Grade A industrial real estate IndoSpace is planning to invest over Rs 580 crore to develop two new logistic parks spread over 76 acres in Karnataka as part of the commitment made by the company through a Memorandum of Understanding (MoU) signed with the state government.In…
READ MOREHiranandani’s Greenbase to develop industrial, logistics parks on 391 acres in Chennai
Greenbase Industrial and Logistics Parks, realty major Hiranandani Group and US-based private equity firm Blackstone Group’s joint venture, is set to acquire three land parcels spread over 211 acres across Southwest Chennai’s Oragadam area and in North Chennai, said a top official of the company.This land acquisition is expected to take the company’s total land…
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Vanguard buys 11.4 mn units of Nexus Select Trust for Rs 158 cr
Investment management firm Vanguard Group on Wednesday bought more than 11.4 million units in REIT firm Nexus Select Trust for ₹158 crore through open market transactions, while Morgan Stanley sold its stake in the company. Nexus Select Trust is India’s first real estate investment trust (REIT) backed by retail properties. According to the bulk deal…
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Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 35%
Synopsis After many months or one may even say that after a gap of a year, Indian markets got a reminder that global markets also matter. But there are some good learnings from this week’s episode. After all the volatility we are still the best performing market, so bears will have to wait before they…
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Japanese shares bounce back after biggest sell-off since 1987 Black Monday rout
Japanese stocks rebounded sharply on Tuesday, clawing back most of the double-digit losses suffered the previous day as comments from the U.S. Fed and data gave investors pause in their concerns over recession and equity valuations. The Nikkei’s rally, after the market’s biggest single day rout since the 1987 Black Monday sell-off, came as the…
READ MOREIndia ranks 5th in Asia-Pacific cross-border realty investments, draws $3 bln in H1
India ranked fifth in cross-border real estate investments in the Asia-Pacific region, attracting 9% of the total volume of investment within the region in the first half of 2024, showed a Knight Frank India study.The total cross-border investments in the Asia Pacific region during this period reached $11.5 billion, with India receiving $3 billion from…
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FPIs pump in Rs 52,910 crore as Budget aims to foster stable investment environment
The foreign portfolio investor (FPI) community, which is set to play a major role in positioning India as the third largest economy in the world, has pumped in nearly 52,910 crore in equity and debt this month (till July 26). FPIs were consistent buyers as the Union Budget 2024-2025 focused on fostering a stable and…
READ MOREKeppel buys office asset in Chennai for ₹2,100 cr
Singapore-based global asset manager and operator Keppel has acquired One Paramount 1 tech park in Chennai for about ₹2,100 crore, said three people aware of the deal. The prime office asset is jointly owned by realty developer RMZ Corporation and Canadian pension fund CPP Investments.The property in Chennai’s Porur area is spread over more than…
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