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MF News
  • 25 Nov 15
    01:42 PM
    New fund offers (NFOs) seem to be moving in a low gear as fund houses have launched only 340 new schemes in April-September of 2015 following Sebi's direction to rationalise and consolidate offerings with similar goals.
    05:55 AM
    Trian Fund Management LP, the activist hedge fund run by billionaire investor Nelson Peltz, is ending quarterly redemptions by its investors, according to people familiar with the matter, in order to lock in money for longer periods.
  • 23 Nov 15
    03:41 AM
    The coming board meeting of the mutual fund sector body, the Association of Mutual Funds of India (Amfi), on Tuesday is likely to see its members discuss the contentious issue of salaries paid to senior executives.
  • 18 Nov 15
    01:32 PM
    Mutual Fund managers remained bullish on equity markets and purchased shares worth a staggering Rs 52,000 crore in the first seven months of the ongoing financial year.
    06:42 AM
    Equity mutual funds witnessed an addition of about 2.43 million investor accounts or folios in the first seven months of the current financial year (2015-16), primarily on account of strong retail participation.
    04:38 AM
    The assets under management (AUM) of Axis Mutual Fund has jumped 35 per cent to around Rs 36,000 crore so far this financial year.
  • 07 Nov 15
    12:40 AM
    Long-term infrastructure bonds issued by banks, that had evoked interest among investors, now seem to be losing sheen. Insurance companies and bankers say it no longer remains an attractive option.
  • 04 Nov 15
    05:21 AM
    The Securities and Exchange Board of India (Sebi)'s plans to start an e-commerce platform to sell mutual funds might impact the revenues of leading online distributors such as Fundsindia, MyUniverse, iFast Financial India and Scripbox, making their
  • 30 Oct 15
    10:45 PM
    The Securities and Exchange Board of India (Sebi) plans to cap the commission for mutual fund (MF) units sold on e-commerce platforms at 50 basis points (bps). Currently, commissions of up to 150 bps are paid for this.
  • 21 Oct 15
    10:50 PM
    Anil Ambani-owned Reliance Mutual Fund (MF) has agreed to acquire US-based Goldman Sachs' domestic asset management business for Rs 243 crore. The deal is valued at 3.4 per cent of the latter's assets’ business.


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