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Kerala Industrial Infrastructure Fund Board, a special purpose investment vehicle of the state government, is raising $250 million through India’s first green bond issue by a government entity.

A plan to rescue India's debt-laden Dewan Housing Finance Corporation Ltd (DHFL) has hit a major roadblock as only a small segment of bondholders has agreed to be on board the proposed resolution, according to a custodian of DHFLNSE -2.99 % bonds.

Saudi Aramco is pressing on this week with banker meetings about its planned listing, three sources said, although some investors and analysts doubt it can now meet its timeline after the weekend attacks on its oil facilities.

The data looks grim: around 90 per cent equity mutual fund schemes have given negative returns in the last one year. Around 56 per cent of them have offered negative returns in two years. One-third of them made losses in the last three years. Does this mean that you can't bank on mutual funds to create wealth anymore?

Many investors start their investment journey with this ubiquitous question (or similar ones). Often, they seek the help of a search engine. In some cases, it would be a rhetorical query to friends or colleagues. In short, most new mutual fund investors want a ready-made list of schemes to start investing in mutual funds.

Some market pundits are shouting from the roof top that time is ripe to invest in small cap mutual funds. Some others believe individual investors should stop investing in small cap mutual funds as the returns from these funds do not justify the extra risk.

Here is the monthly update on our recommended conservative hybrid schemes in September. There is no change in our recommendation list this month, but we have kept one of our recommended schemes under watch.

Mutual Fund (MF) units held by non-residents in Mauritius and Singapore declined after the amendment in double taxation avoidance agreements (DTAA) with them for withdrawal of capital gains exemption in a phased manner, effective April 2017, according to an RBI survey. The survey covers 44 Indian MF companies and their asset management companies (AMCs), which held or acquired foreign assets and/or liabilities during 2018-19 and/or in the preceding year.

The government has waived the three-year lock-in period on investments made by non-residents in infrastructure debt funds (IDFs), to promote funding in the infrastructure sector.

Crude oil prices surged 19.5 per cent in a day after a drone strike on a Saudi Arabian oil facility. On Monday, oil prices spiked $12 to trade at $71 a barrel in Asia. This is said to be the biggest advance in Oil prices in 28 years. The Indian markets had a negative knee-jerk reaction to the news. The BSE Sensex fell 250 points on spike in oil prices. Fund managers believe that if the tension between Iran and USA persists, crude oil prices might go up, which is a bad news for Indian markets.

The mutual fund industry managed to garner Rs 8,231 crore through systematic investment plans (SIPs) in August, a rise of 7.5 per cent from the year-ago period, despite volatility in equity market. With this, total SIP contribution in the first five months of the current fiscal rose to Rs 41,098 crore as compared to Rs 36,760 crore in April-August 2018, as per the Association of Mutual Funds in India (AMFI).

You can’t time a market bottom. Worse still, even if you manage that, there is no guarantee you will be able to spot the stock that can ensure best appreciation of your money when the market bounces back. Plus, in the uncertain world that we live in today, even a market rebound can’t ensure steady return.

Here is the monthly update on our recommended aggressive hybrid mutual fund schemes for September. There are no changes to our recommendation list this month, too. All three aggressive hybrid mutual fund schemes that were on the list managed to retain their positions even in September.

Altico Capital’s bond investors, including Flipkart co-founder Sachin Bansal and Reliance Mutual Fund, face immediate defaults by the non-banking finance company (NBFC) on two series of outstanding debt coming up for repayment in the next two weeks — about Rs 95 crore all told is due on September 26 and 29.

The net asset value (NAV) of some debt funds of PGIM India Mutual Fund fell by as much as 30 per cent in a day after CARE downgraded the ratings on the non-convertible debentures (NCDs) of Anil Ambani's Reliance Business Broadcast News Holdings to “D”.