Tag: Mutual Fund

Commodity Mutual Funds lift the sensex

MFs that deals with commodity and energy stocks have beaten the Sensex returns as well as the 70% category average returns of diversified equity funds on a year-to-date basis ending 18 September of this year, credit goes to dual benefit of the rally witnessed in the equity markets and commodity rally as well. 5-8 funds […]

Omaxe Raises Rs 100 Crore Via Private Placement

Real estate firm Omaxe Ltd said on Monday that it has raised 1 billion rupees through private placement of debentures to LIC Mutual Fund. The company also said that it is planning to acquire companies overseas, including in the United Arab Emirates.

Realty sector seeks tax breaks on REITs in line with MFs

Realty sector hopes that Finance Minister P Chidambaram will provide tax breaks on REITs in line with the Mutual Funds while he unveils the Union Budget on February 29. Market regulator SEBI has already come out with a draft guideline to allow Real Estate Investment Trusts (REITs), but there was no mention on the tax […]