Sectoral funds investing in technology and pharmaceuticals top the 12-month performance list among all equity fund categories with average net asset values (NAVs) rising over 140 per cent, data from

The mutual funds industry says the new regulation from the Securities and Exchange Board of India (Sebi) asking them to allot units of new funds within five working days from

Mahindra & Mahindra Financial Services, a non-banking financial company focused on the semi-urban and rural markets, has over Rs 10,000 core of assets under management, and 440 branches spread across

Religare Enterprises on Tuesday announced that it is going to set up a sales and distribution outfit in Japan to sell its financial products. The company has hired a

With the likelihood of interest rates moving upwards, arbitrage funds might turn out to be a good investment option, investment experts say.
“Any rise in interest rate will increase the

Nearly 19 months after it bought nearly 100 per cent stake in UK-based Dawnay Day’s financial services business in India, the Indian-subcontinent-focused private equity firm New Silk Route (NSR) is

It’s a compelling choice if investors stay in for the long haul.
The first very banking sector fund it debuted with a bang

The share of liquid and money market funds in the total assets under management (AUM) of the mutual fund industry has dropped from close to 25 per cent in April