Category Archives: Financial Market

Majority of equity, composite bond funds underperformed indices: Report

Nearly half of large-cap funds, over half of equity linked saving schemes (ELSS) and over three-fourths of composite bond funds have underperformed their respective indices in the year to June 2020, a report said on Thursday. The latest S&P Indices Versus Active (SPIVA) compared the performance of actively managed Indian mutual funds with their respective… Read More »

ICRA revises down FY21 securitisation volumes estimate to Rs 80,000 crore

Domestic rating agency ICRA on Thursday revised down its estimate on securitisation for 2020-21 to over Rs 80,000 crore from the earlier Rs 1.2 lakh crore, blaming the coronavirus pandemic for the slower pick-up. Volumes of securitisation had stood at Rs 2 lakh crore in the year-ago period. Activity in the July-September period picked up… Read More »