India-focused offshore funds and ETFs registered a net inflow of $1.7 billion in the second quarter of 2015.
Flush with investor money, the domestic mutual fund industry has emerged a strong player in the primary as well as secondary equity markets.
These savvy asset managers have placed
With competition in mutual fund industry rising, LIC Nomura Mutual Fund AMC has brought in industry experts at all levels of operation, investment and sales/marketing in the last one year.
Kotak Mutual Fund expects retail investors to keep on allocating funds to MFs as gold and real estate turn unpopular as asset classes, says Pankaj Tibrewal, fund manager – equity fund management at the asset management company.
Shriram asset management company, promoted by the Chennai-based Shriram Group and associated companies, has plans to become a full-fledged mutual fund house in future, using its strong pedigree in financial services.
With fund houses required to meet the minimum Rs 50 crore networth rule, Quantum Mutual Fund is 'very confident' of achieving the target within two year time frame.
Balanced funds, where more than 65 per cent of the overall portfolio is invested in equities, have seen assets rise to record high after the category attracted inflows of over Rs 1300 crore in July.
Life’s coming a full circle for gold exchange traded funds. After riding high on the popularity of gold a few years ago, the rough patch for these products now seem never ending.
Domestic mutual Fund managers may be finding valuations of smallcap and midcap stocks a bit steep, but investors are not complaining.
Mutual fund schemes focused on smallcap and midcap shares
Retirement investment body employee provident fund organisation (EPFO) with a corpus of over Rs 8. 5 lakh crore has made its debut in the equity market by investing