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  • May
    22
    Bill seeking interest rate cap on MF lending introduced in Lok Sabha
    By PTI

    The government today introduced a bill in the Lok Sabha to empower the Reserve Bank to regulate the micro finance industry and fix interest rates ceiling on loans to be

  • Jan
    30
    BoI likely to start MF business next fiscal
    By PTI

    Public sector lender Bank of India is hopeful of starting its asset management business next fiscal and currently waiting for regulatory approvals, a top official said today.
    Bank of India

  • Dec
    12
    IDFC sells 25% stake in MF biz to Natixis Global
    By PTI

    Financial services group IDFC has sold 25 per cent stake in its mutual fund business to French major Natixis Global Asset Management (NGAM) for an undisclosed amount.
    Accordingly, the company

  • Dec
    09
    MFs see 2% asset erosion on fall in equities in Nov: Crisil
    By PTI

    The domestic asset management industry witnessed a value erosion of 2 per cent in its monthly assets due to the volatile conditions in the equity markets, according to credit ratings

  • Nov
    03
    MFs to disclose big distributors on websites from Nov 10
    By PTI

    In order to improve transparency, market regulator Sebi has asked all mutual funds to disclose names of distributors, who receive commission in excess of Rs 1 crore annually, on their

  • Aug
    03
    Sebi demands details of MFs' close-ended debt schemes
    By Ravi Ranjan Prasad

    The Securities and Exchange Board of India on Tuesday directed all mutual funds to make instrumentspecific investment disclosures about their investments in close-ended debtoriented mutual funds in the scheme information

  • Aug
    02
    Mid, small-cap shares prop up MFs in July; gold funds shine
    By Reuters

    Diversified equity mutual funds fell less than the BSE Sensex in July, as significant exposure to shares of mid- and small-cap companies helped limit losses.

    The BSE Sensex dropped 3

  • Jul
    21
    Nimble-footed MFs make most of rally
    By Ravi Ranjan Prasad

    Mutual funds seem to be becoming more quick-footed on the stock markets. Data available with the Securities and Exchange Board of India (Sebi) show that fund houses are net sellers of equity when the market went up recently to just above 19,000 level from the recent low of 17,506 last month.

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