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MF News
  • 25 May 15
    06:26 PM
    Index heavyweights are among the most sold counters by country's equity mutual fund managers in recent times. Amid a sharp correction in key indices, fund managers are not minding trimming their exposure in some big names.
    12:41 PM
    Industry body Association of Mutual Funds of India (Amfi) has asked fund houses to stop accepting fresh subscriptions for bonus plans in their schemes.
  • 22 May 15
    12:47 AM
    Laurence Fink, chairman and chief executive officer (CEO) of US-based BlackRock Inc, world’s largest asset manager with assets of $4.7 trillion, was in India this February to meet Prime Minister Narendra Modi along with other senior ministers
  • 20 May 15
    02:56 PM
    Simplifying norms for domestic funds to manage offshore pooled assets, Sebi has dropped '20-25 rule', which required a minimum of 20 investors and a cap of 25 per cent on investment by an individual, for funds from low-risk foreign investors.
  • 11 May 15
    12:09 AM
    Inflation might be trending lower but mutual fund (MF) investors are bearing higher costs. On an average, asset management firms are charging 2.5-2.7 per cent for equity schemes, against 2-2.25 per cent a year or two earlier.
  • 10 May 15
    12:08 PM
    Mutual fund industry is set to achieve an investor base of 10 crore accounts in the next five years, while their asset base can touch Rs 20 crore in just about three years, helped by positive market sentiments and growing interest among retail investors.
    10:32 AM
    Riding on the overall positive mood on the Indian economy, the asset base of the mutual fund industry in the country is set to grow faster at 18.6% per annum to top Rs.20 lakh crore ($325 billion) by 2018, says a top industry expert.
  • 07 May 15
    03:56 PM
    Mutual fund (MF) industry's asset base has grown around 10 per cent to Rs 11.86 lakh crore at the end of April from March, primarily driven by huge inflows in equity schemes and money market segment.
  • 02 May 15
    10:30 AM
    With increase in the number of credit rating upgrades, fund managers have more choices for investments in debt papers.
    12:46 AM
    Capital markets regulator Securities and Exchange Board of India (Sebi) has tweaked its product-labelling system for mutual fund products. The two-year-old colour coding system will now be replaced by a graphic called 'riskometer' with effect from July.
  • 01 May 15
    12:33 AM
    The Reserve Bank of India (RBI) on Thursday eased the norms for distribution of mutual fund products by non-banking financial companies (NBFCs) by doing away with the requirement of prior approval from the central bank.
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