Short-maturity debt mutual funds outperformed their long-maturity counterparts in the quarter ended June as a cautious monetary stance by the Reserve Bank of India (RBI) pulled down bond prices at
The Securities and Exchange Board of India (Sebi) on Tuesday cancelled the registration of Sahara Mutual Fund, saying the firm, along with Sahara AMC and Sahara Sponsor, is no longer
In a fresh crackdown on Saharas, regulator Sebi on Tuesday cancelled the registration of Sahara Mutual Fund saying it was no longer 'fit and proper' to carry out this business
In order to provide incentives to distributors for selling systematic investment plans (SIPs) by mutual funds, Association of Mutual Funds in India (Amfi) has relaxed rules for upfront commission payment
The asset base of equity mutual funds surged about 55 per cent to Rs 3. 72 lakh crore at the end of June from the year-ago level as
Axis Equity Saver Fund is an open ended equity scheme which would be investing in multiple asset classes - equity, hedged equity (arbitrage opportunities) and debt. The investment objective
- Jul23By PTI
Confident about a steady trend continuing in the Indian markets, leading fund house UTI MF has decided to go public and has sought the government's approval to launch its IPO.
Gold Exchange Traded Funds have lost about 2-5 per cent this month already. In the last 12 months lump sum investments in gold ETFs have already been 9-11
It's a good time to be in the mutual fund industry. Retail mutual fund folios have increased for the third consecutive quarter to cross the 4 crore mark for the first time in over two years.
Axis Mutual Fund plans to mop up between Rs 500 crore and Rs 600 crore through Axis Equity Saver, a multi-asset open-ended equity fund, to be launched later during the