Yes Bank is in discussions to raise USD 1.6 billion from six global private equity funds and two domestic mutual funds.
Gold ETFs have been witnessing net outflows every month for more than six years, except for November 2018.
Currently, its market share in direct mutual fund subscriptions stands at around 40 per cent of total such subscriptions.
Stock plans received Rs 8,110 crore ($1.2 billion), according to the Association of Mutual Funds in India.
Funds resume buying of small-cap & mid-cap stocks.
Equity exchange traded funds (ETFs) also saw a jump in inflows to Rs 5,382.70 crore.
Net flows into the open-ended growth and equity-oriented schemes rose to Rs 7,663.14 crore in June from Rs 4,608.74 crore in April.
The total asset base of the industry was Rs 23.04 lakh crore in the same period a year ago.
Sebi board took a call on key changes over credit rating firms, promoters’ pledge of shares, liquid funds and royalty payments
Reliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.