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Tag: flows

'We now have almost Rs 7500 cr plus monthly flows in SIPs'

'We now have almost Rs 7500 cr plus monthly flows in SIPs'

Finance
NPAs, provident fund and SIP flows together will put between Rs 1,10,000 crore and Rs 1,25,000 crore in mutual funds this year, says Nilesh Shah, MD, Kotak AMC, talking to ET Now.Edited excerpts: When the mutual fund data for March came out, it appeared that the SIP flows and the mutual fund collections were coming down. What is the update after that? Was March an aberration?March was a normal month but people who interpreted data were in aberration. They failed to understand that in equity mutual fund, there is pure equity mutual fund where we go and invest into direct equity and there are also arbitrage funds where we invest in equity and short the futures. Impact of flows in a pure equity fund and arbitrage fund is completely different. When there are flows in pure equity fund and we bu...
Evidence of water on Mars are actually grain flows, research suggests

Evidence of water on Mars are actually grain flows, research suggests

Science
Nov. 20 (UPI) -- New research undermines evidence used to suggest water still flows on present day Mars.Water was once abundant on Mars. That water is not mostly gone, but some studies have suggested Martian slopes still host the occasional flow. However, new analysis of these flow signatures suggest the dark streaks are caused by moving grains and dust.The narrow, dark lines along downward-sloping features on Mars' surface are known as Recurring Slope Lineae. Previous surveys of the lines suggest RSL expand slowly and fade after periods of inactivity. They're seasonal and become most apparent during Mars' warmer months.The lines look similar to those formed by water running down a dirt embankment on Earth, leading some scientists to believe the lines are formed by liquid water flows.But n...