- Sep11By PTI
Mutual fund (MF) managers raised their exposure in bank stocks to all-time high of over Rs 56,600 crore in August, making it the seventh consecutive monthly rise in capital infusion.
Debt mutual funds, especially income funds, continued to feel the heat after the withdrawal of the tax incentives in the July Union budget. Income funds saw higher redemption in
Investors have pumped in over Rs 1 lakh crore in various mutual fund schemes in August, making it the second consecutive monthly inflow.
As per the latest data available with
- Sep08By PTI
The asset base of mutual fund industry rose by more than Rs 6 300 crore to Rs 10. 12 lakh crore in August boosted by inflows in equity funds
Taking forward its deal to acquire the assets of ING Investment Management India, Birla Sun Life Mutual Fund has begun the process of merging all the schemes of the target
- Sep07By PTI
Emphasising that higher threshold levels for mutual funds is in the interest of investors, Sebi chief U K Sinha has said minimum Rs 50-crore net worth for mutual funds is
With the stock market witnessing one of the best bull runs in many years, investors are turning to equity-oriented mutual funds. The sustained market rally has increased investor confidence
The domestic mutual fund industry’s equity fund offerings are predominantly in the form of actively managed schemes. Passively managed schemes like index funds and exchange-traded funds (ETFs) are fewer
- Aug26By PTI
Indian mutual funds have roped in global consultant KPMG to help them prepare for the Foreign Account Tax Compliance Act (FATCA) - a new law enacted by the US to
- Aug24By PTI
Equity mutual funds witnessed an addition of more than 48,000 investor accounts, or folios, in July helped mainly by a sharp rise in stock market.
This also marks the second