mydigitalfc.com - My Money

Why upheavals in the MF industry should not bother you

Sun, 04 Apr 2010 21:41:25 +0530

When investors read news items about fund companies in business newspapers, they often get worried about the fate of various fund companies. Some companies are making losses, others are

What to do when a mutual fund changes benchmark

Sun, 04 Apr 2010 21:38:33 +0530

All equity mutual funds have a benchmark that allows the investors, as well as the fund manager, to see how the scheme performed against the standard. In the Indian

MF industry assets grow Rs 2.54 lakh cr in FY'10

Sun, 04 Apr 2010 12:33:55 +0530

Reliance MF maintained its position as the top fund house with a hefty 36 per cent increase in AUM to Rs 1,10,413 crore at the end of March.

The other

Union Bank hikes deposit rates by up to 0.50%

Sat, 03 Apr 2010 15:28:53 +0530

Public sector lender Union Bank of India today announced hiking deposit rates by up to 0. 50 per cent across various maturities with effect from April 5

Unique investment strategy helps fund protect downside

Thu, 01 Apr 2010 22:14:01 +0530

This fund got its act together in 2007. With bold allocations to metals energy and financials it delivered a return of 84 per cent

ICICI Venture to invest Rs 120 cr in Star Health & Allied Insurance

Thu, 01 Apr 2010 22:12:02 +0530

ICICI Venture on Thursday announced that it is investing Rs 120 crore ($ 27 million) in Star Health and Allied Insurance. For ICICI Venture, this would be the maiden

Ashok Leyland Fin gets RBI go-ahead

Thu, 01 Apr 2010 22:09:36 +0530

Commercial vehicle (CV) major Ashok Leyland has received the Reserve Bank of India (RBI) approval for its vehicle financing non-banking financial company (NBFC), Hinduja Leyland Finance (HLF). The venture

ICICI expects lending rates to go up with higher credit growth

Thu, 01 Apr 2010 15:19:48 +0530

The country's largest private sector lender, ICICI Bank, today said credit offtake will pick from July putting pressure on lending rates.

"From the second quarter of this financial year you