NTPC Green Energy to consider raising up to Rs 5,000 cr via bonds next week
The NTPC Green Energy Ltd (NGEL) board will next week consider a proposal to raise up to Rs 5,000 crore through issuance of bonds in one or more tranches in fiscal 2025-26. NGEL is an umbrella company for the green business initiatives of state-owned power giant NTPC.The board meeting is scheduled for April 29, 2025.The board will "consider and approve borrowing (raising of funds) up to a maximum amount of Rs 5,000 crore during 2025-26, by issuing secured/unsecured, redeemable, taxable/ tax free, cumulative, non-cumulative debentures (Bonds/ NCDs) in one or more tranche," a regulatory filing said.
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Indian Express
20 minutes ago
- Indian Express
Equity mutual fund inflows decline 22% to 13-month low of Rs 19,013.12 crore in May: AMFI data
Inflows into equity mutual funds declined 22 per cent on a month-on-month (m-o-m) basis to hit a 13-month low of Rs 19,013.12 crore in May compared to Rs 24,269.26 crore in April, the latest data from the Association of Mutual Funds in India (AMFI) showed. Helped by mark-to-market (MTM) gains, the net asset under management (AUM) of the mutual fund (MF) industry crossed over Rs 70 lakh crore for the first time, to touch Rs 72.19 lakh crore in May, as against Rs 69.99 lakh crore in April. Equity MF inflows in May During the reporting month, inflows through systematic investment plan (SIP) touched a record high of Rs 26,688 crore, with the number of contributing accounts rising to an all-time high of 8.56 crores. 'Equity inflows moderated to Rs 19,013 crore this month, reflecting cautious investor sentiment amidst market volatility. Such phases often witness a natural reallocation towards hybrid and arbitrage schemes, offering a more balanced approach during uncertain times,' said Venkat N Chalasani, chief executive, AMFI. The reduction in inflows into equity mutual fund schemes came despite the domestic markets remaining strong. The BSE's 30-share Sensex rose 1.5 per cent, while the broader Nifty climber 1.71 per cent in May. Within equities schemes, highest inflows were seen in flexi-cap funds at Rs 3,841.32 crore in May. However, inflows were lower compared to Rs 5,541.71 crore recorded in April. Small-, mid-, and large-cap MF inflows Small-cap fund inflows were down month-on-month to Rs 3,214.21 crore from Rs 3,999.95 crore in April. Inflows into mid-cap funds were Rs 2,808.68 crore, down from Rs 3,313.98 crore in the previous month. Large-cap funds saw a 53.19 per cent decline in net inflows at Rs 1,250.47 crore, compared to Rs 2,671.46 crore in April. Inflows into sector/thematic funds inched up to Rs 2,052.48 crore in May from Rs 2,000.95 crore in the previous month. Retail mutual fund folios (equity + hybrid + solution oriented schemes) stood at 18.84 crore in May 2025 as against 18.71 crore in April. Inflows into debt MFs and hybrid funds Debt mutual fund schemes saw outflows to the tune of Rs 15,908.48 crore in May, compared with inflows worth Rs 2.19 lakh crore in April. Outflows in the segment were majorly witnessed in liquid funds (Rs 40,205.36 crore) and overnight funds (Rs 8,120.03 crore). However, corporate bond funds saw inflows of Rs 11,983.35 crore, while money market funds recorded Rs 11,223.08 crore of flows on a net basis. Net inflows into hybrid funds stood at Rs 20,765.05 crore, compared to Rs 14,247.55 crore inflows in April. The gold exchange traded fund (ETF) schemes recorded inflows to the tune of Rs 291.91 crore in May. The number of new SIPs registered in may stood at 59.14 lakh and the SIP AUM stood at Rs 14.61 lakh crore.
Time of India
24 minutes ago
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NIMCET 2025 answer key shortly at nimcet.admissions.nic.in; challenge model solution by June 12
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Time of India
25 minutes ago
- Time of India
Car showroom manager held for deceiving bizman of Rs 1cr
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