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MF News
  • 10 Feb 16
    10:36 PM
    Investors continued to pull out money from gold exchange-traded funds (ETFs) and withdrew Rs 656 crore in the first ten months of the current fiscal, shrinking asset base of such products by more than eight per cent.
  • 04 Feb 16
    10:32 PM
    Anoop Bhaskar has joined IDFC Mutual Fund (MF) as head of equities with effect from 5 February. Bhaskar was formerly head of equities at UTI MF and is considered one of the finest fund managers in the Rs 13 lakh-crore industry.
    12:47 AM
    Mutual funds with gold as their underlying assets have started year 2016 on a firm footing.
  • 22 Jan 16
    12:43 AM
    Launched in April 1999, the Franklin Taxshield Fund has been ranked 2 under CRISIL Fund Rank, for the quarter ended September 2015, in the Equity Linked Savings Scheme (ELSS) category.
  • 18 Jan 16
    10:46 PM
    Capital markets regulator Securities and Exchange Board of India (Sebi) has issued an order to seize allegedly unlawful gains made by six entities in a case involving India's largest mutual fund house, HDFC MF.
    01:28 PM
    After capping agent commission, mutual fund industry body and front-line regulator Association of Mutual Funds in India(AMFI) may now ask the fund houses to disclose the individual distributor commission in the account statements sent to investors.
  • 14 Jan 16
    10:48 PM
    Equity mutual fund managers churned their sector preference in 2015, increasing bets on defensive stocks and reducing them on the high-beta banking sector.
  • 13 Jan 16
    10:45 PM
    Mutual funds resorting to the practice of dividend stripping have come under the scanner of market regulator Securities and Exchange Board of India (Sebi) yet again.
    02:49 AM
    Shares of several Indian banks, public and private, hit their 52-week lows in recent days. With a 17 per cent erosion in value since January 1, the average category return has been 16 per cent in negative territory over the past year.
    12:28 AM
    Country's largest mortgage firm HDFC Ltd today said mutual funds exposure in its debenture and commercial papers is 3.9 per cent of total debt asset under management.


Will bank shares witness a decline in the near term after RBI kept key rates unchanged?

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