Browsing Tag
HNIs
6,500 high net worth Indians may leave country this year: Study – Times of India
MUMBAI: India is projected to witness a net outflow of 6,500 high net worth individuals (HNIs) during 2023, a figure slightly lower than last year’s net outflow of 7,500 millionaires. This places India as the second-largest country in terms…
HNIs Embracing Passive Funds on Under-performance of Active Funds
Last Updated: May 23, 2023, 17:00 ISTHNIs ETF AUM has witnessed a compound annual growth rate (CAGR) of 70 per cent over FY19-FY23.HNIs' ETF AUM rose to Rs 34,000 crore in FY23 from Rs 20,400 crore in FY22, indicating a surge of 66 per…
FDs Or Debt Mutual Funds: Which One HNIs Prefer? Check This Report
When it comes to SIPs, HNIs have failed to maintain higher ticket SIPs as the returns through the route over the past three years have been minimal.Although HNIs comprehend the advantages of mutual funds over other financial products, past…
After Tax Blow To Debt MFs, HNIs May Turn To AIFs
'Given that debt AIFs, by nature, target a higher portfolio return, it is likely to attract investors like HNIs, family offices, etc, looking for a higher yield debt product.'
With the government deciding to end tax benefits enjoyed by…
In Massive Data Breach, Details Of 1.2 Crore WhatsApp Users, 2.55 Lakh Defence Staff, 16.8 Cr…
A massive data breach that has implications for national security was unearthed by Cyberabad Police here, who arrested seven people of a gang allegedly involved in the theft and sale of sensitive data of the government and important…
Legaltech firm Fightright launches Rs 100-crore fund for HNIs
Fightright Technologies, a legaltech firm that leverages AI and ML-backed analytics to fund commercial litigations, has launched a fund with claims under management of Rs 100 crore.The fund, a special purpose vehicle, will invest in 15-20…
Budget 2023 Fineprint: A Mixed Bag for HNIs
To give impetus to the new tax regime, the Budget 2023 has introduced multiple benefits that would be available to taxpayers opting for this new regime. While softening of rates allowing for more disposable income in the hands of the middle…
Early-stage VC firm Auxano Capital to raise $25 million from HNIs
Early-stage venture capital (VC) firm Auxano Capital is raising $25 million for Indian startups through its network of high-net-worth individuals (HNIs), ultra-high-net-worth individuals (UHNIs), and family offices.
The company aims to…