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MF News
  • 27 Oct 14
    06:22 PM
    As many as ten asset management companies (AMCs) will slug it out to bag the mandate to manage the new exchange traded fund (ETF) that the government plans to set up as a part of this financial year's disinvestment programme.
    02:06 PM
    Mutual fund (MF) managers dropped their exposure in bank stocks to Rs 55,398 crore in September, after raising it for seven consecutive month.
    12:16 AM
    The recent exit of four board members - the managing director and three independent directors - of Hindustan Oil Exploration Company (HOEC) has led to speculations that Housing Development Finance Corporation (HDFC), the second largest shareholder at
  • 24 Oct 14
    11:59 PM
    Public sector banks (PSBs), despite their huge branch networks, haven’t been doing much to expand their mutual fund (MF) businesses.
    03:50 PM
    Fund managers showed strong preference for equity schemes over debt as the 'money market' category saw a massive outflow of over Rs 67,000 crore in September.
    12:55 AM
    SBI Mutual Fund on Thursday said it had launched an inflation-indexed bond fund (IIBF) offering, which is aimed at investors with a low to medium risk profile, looking at a hedge against price rise.
  • 23 Oct 14
    05:40 PM
    Domestic financial institutions led by state-owned LIC and mutual funds, who together hold around 21.3% in Maruti Suzuki, are likely to firm up their stance after the auto major's shareholders meeting next month about its plans to set up a car plant in
    12:57 AM
    Weeks after the Securities and Exchange Board of India (Sebi) barred DLF and six of its top executives from accessing the capital market for three years, mutual funds are citing the regulator’s order to decline the refund of Rs 2,000 crore invested
  • 22 Oct 14
    03:58 AM
    Eight months after India's largest car maker, Maruti Suzuki India, announced plans for a Gujarat unit to be set up as a wholly-owned subsidiary of parent Suzuki, opposition to the move continues to simmer.
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