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MF News
  • 28 Jan 15
    11:35 AM
    India’s debt mutual fund managers are allocating more and more to Government Securities or G-Sec amid expectations of further rate cuts by the RBI.
  • 26 Jan 15
    12:40 AM
    The Foreign Account Tax Compliance Act (Fatca) might be a bigger headache for the Rs 11 lakh-crore-mutual fund (MF) sector than earlier believed.
  • 22 Jan 15
    03:41 PM
    Yes Bank is the main suitor in the race for Deutsche Asset Management (India) Pvt. Ltd's mutual fund business in India, two sources who are directly involved in the process said, although talks are still at an early stage.
  • 19 Jan 15
    02:53 AM
    The exit of three asset management companies (AMCs) has resulted in nearly 100 mutual fund (MF) jobs being lost, say those in the sector. The numbers could go up if the buzz surrounding the exit of more holds true.
  • 14 Jan 15
    06:54 PM
    Prior to joining Kotak, Shah was leading Axis Capital as its managing director and CEO. Before that, he was the chief investment officer at ICICI Prudential AMC.
    02:47 AM
    With the tax-saving season under way, mutual funds (MFs) have started aggressively promoting their equity-linked savings schemes (ELSS). These get a benefit under the Section 80C limit of Rs 1.5 lakh.
    02:45 AM
    Equity new fund offers (NFOs), which had gone out of favour after the global financial crisis, made a strong comeback in 2014. The Indian mutual fund sector launched a record 75 NFOs in the equity segment during the year, amid a 30 per cent surge in


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