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MF News
  • 22 Dec 14
    07:00 PM
    To check mis-selling of mutual funds, a Sebi panel is considering stronger checks against high upfront commissions paid by the fund houses to their distributors as it might be leading to forced movement of investors from one fund to the other.
    06:42 PM
    The Securities and Exchange Board of India (Sebi) is all set to intervene as select mutual fund houses continue to pay unreasonably higher upfront commission to distributors.
    03:30 PM
    Equity mutual funds witnessed an addition of over 8.4 lakh investor accounts or folios in the first eight months of the current fiscal (2014-15) in view of sharp rally in the stock market.
    06:38 AM
    India's equity fund managers have made good use of the recent corrections in stocks by pumping more cash into equities. Their cautious call in November and tactical decision to sit on cash for some time paid off when the markets tanked in December.
  • 21 Dec 14
    03:50 PM
    Regulator Sebi is considering fresh checks against mis-selling of mutual funds and flouting of 'open bank infrastructure' norms for sale of these financial products, while it looks at ways to boost the market penetration through use of mobiles and
    10:55 AM
    The mutual fund industry is betting big on banking stocks as its equity exposure to the sector climbed to an all-time high of over Rs 70,000 crore in November amid the market rally.
  • 15 Dec 14
    02:28 PM
    Principal PnB Asset Management Company, which manages Rs.4,753 crores worth of assets, announced additional fund infusion on Monday. The asset manager now has a networth of Rs.77 crore.
  • 08 Dec 14
    06:04 PM
    Fund managers have begun to treading cautiously as following a sharp gains in stocks seen in recent months.
    04:38 PM
    In the past year, equities have risen by 35 per cent, gold is down almost 10 per cent and the fate of debt instruments hinges on future interest rate cut/s.
    12:50 AM
    Closed-end equity schemes have become a hot favourite with the mutual fund (MF) sector since the equity market started sputtering back to life late last year.
    12:40 AM
    Inflows into equity mutual funds (MFs) remained positive for a seventh straight month in November.Nearly Rs 5,000 crore of net inflows were witnessed last month, taking the current year investment tally to Rs 43,700 crore.
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