- 20 Oct 1604:43 AMThe assets under management of equity mutual funds are rising, new account opening is up month-on-month and sale of equity funds are at new highs.
- 19 Oct 1610:04 PMThe mutual fund sector wants the government to allow all investments of three years or more in debt schemes to qualify for deduction under section 80C.02:32 PMEquity mutual funds witnessed an addition of over 15 lakh investor accounts or folios in the first half of the current financial year, primarily on account of strong participation from retail investors.
- 18 Oct 1610:47 PMFor the past few years, it has been tough being a mutual fund (MF) distributor in the Rs 16 lakh-crore industry.
- 12 Oct 1612:34 AMEquity mutual funds witnessed an inflow of over Rs 3,700 crore in September, taking the total investment to more than Rs 22,000 crore in the first six months of the current financial year.
- 07 Oct 1601:40 AMMutual funds (MFs) continued to witness positive inflows during September. According to AMFI data, equity schemes have witnessed net inflows worth Rs 3,743 crore in September.
- 06 Oct 1609:10 PMThe chief executive of a mutual fund (MF) house, in an effort to underscore the confidence he had in one of the products of his company, said he had stopped paying the salaries of his errand boys and was investing their money in the MF scheme instead.
- 01 Oct 1612:50 AM(From left to right) U K Sinha, Chairman, SEBI and Rajeev Agarwal, Whole Time Member, SEBI at a press conference in Mumbai.
- 30 Sep 1606:16 PMUTI Mutual Fund managing director Leo Puri's latest letter, written in his capacity as chairman of Association of Mutual Funds in India (Amfi), to the board members of the association has once again raised question marks on industry body's effectiveness.
- 29 Sep 1606:20 AMThere is a new wave of automated technology sweeping the world.04:15 AM(From left) SBI Mutual Fund ED D P Singh, Kotak Mutual Fund CEO Nilesh Shah, UTI Mutual Fund MD Leo Puri, Reliance Mutual Fund ED & CEO Sundeep Sikka and HDFC Mutual Fund MD Milind Barve at the Business Standard Fund Cafe held in August.12:55 AMGlobal uncertainties and weak corporate earnings are enough to give any fund manager the jitters.12:14 AMThe listings give information on the performance of mutual fund growth schemes based on investment category they belong to and with a corpus of over Rs 5,000 crore. For the full list of schemes, visit business-standard.com.
- 27 Sep 1610:25 AMRepresentative imageIt’s been a good going for India’s equity mutual fund investors. In the past three years, they have made returns in access of 20 per cent, while inflows remained strong.
- 22 Sep 1610:44 PMImage via ShutterstockIt’s a race against time for mutual fund industry to meet market regulator Securities and Exchange Board of India (Sebi)’s requirement related to disclosure of commissions paid to distributors.10:41 PMIndian equity mutual fund managers have sold nearly 16 million shares of Max Financial Services ever since the deal between HDFC Life and Max Life Insurance was buzzing in June.02:48 PMThe Enforcement Directorate, Mumbai, has attached Rs 306.70 crore worth assets belonging to Jignesh Shah-promoted Financial Technologies India Ltd (FTIL).
- 20 Sep 1607:28 PMWith a view to increasing transparency, the Securities and Exchange Board of India (Sebi) has asked for additional disclosures in the Consolidated Account Statement (CAS) sent to investors by mutual funds.
- 19 Sep 1612:33 AMStarting next month, the periodic statements provided to mutual fund investors will have to disclose commission paid to distributors or financial planners.
- 16 Sep 1606:42 PMMutual funds (MFs) with exposure to Aditya Birla Nuvo and Grasim face notional losses, with the share price of Nuvo falling by 12.3 per cent since a merger between the two companies was announced last month, shows data from Value Research.
|24 Oct 16||Principal SMART Equity Fund - Direct (Div-M)||0.11|
|24 Oct 16||Reliance Arbitrage Advantage Fund - Direct (Div-M)||0.05|
|24 Oct 16||Invesco India Dynamic Equity Fund - Direct (D)||0.11|
|24 Oct 16||HDFC Arbitrage Fund - WP - Direct (D)||0.04|
|24 Oct 16||Principal Arbitrage Fund - Direct (D)||0.05|
|25 Oct 16||Birla Sun Life Frontline Equity Fund (D)||2.77|
|25 Oct 16||HDFC Prudence Fund - Direct (Div-M)||0.30|
|25 Oct 16||LIC MF Growth Fund - Direct (D)||1.00|
|25 Oct 16||Kotak Balance - Direct (D)||0.08|
|25 Oct 16||Indiabulls Arbitrage Fund - Direct (D)||0.05|