- 30 Jul 1503:50 AMThe Securities and Exchange Board of India’s decision to declare the Sahara group unfit to carry on a business in mutual funds would mean nearly 26,000 folios and Rs 130 crore in assets up for grab.
- 29 Jul 1503:46 AMThe Securities and Exchange Board of India (Sebi) on Tuesday cancelled the registration of Sahara Asset Management Company (AMC) within six months from the date of the order.12:22 AMAsserting that UTI Mutual Fund is the only large independent asset manager in the country, its chief Leo Puri has said that the fund house's proposed IPO will further strengthen this character.
- 28 Jul 1503:47 AMMutual fund (MF) managers are putting a lot of money in government securities (G-secs), amid expectation of further rate cuts by the Reserve Bank of India.
- 27 Jul 1510:42 PMThe asset base of equity mutual funds (MFs) surged 55 per cent to Rs 3.72 lakh crore at the end of June, from a year-ago level as Equity assets under management rose from Rs 2.41 lakh crore in June 2014. Besides, nearly 0.9 million retail investors
- 23 Jul 1506:22 PMInsurance Regulatory and Development Authority of India (IRDAI) is set to bring out a host of new norms to conform to the new insurance act which was passed law makers in the budget session.03:44 AMMutual fund (MF) distributors are concerned at the Securities and Exchange Board of India's hinting at an advisory-based model for them.They say it is premature to expect Indian investors to pay for financial advisories.
- 22 Jul 1510:45 PMEven after the signing of a treaty between the governments of India and America to comply with the latter's Foreign Account Tax Compliance Act (Fatca), mutual funds (MFs) continue to remain wary of accepting investments from their or from04:50 AMThe total number of unique mutual fund (MF) investors in India might be far less than this city’s population.03:46 AMIndian mutual fund houses are coming up with innovative methods to boost investors’ confidence and build trust.
- 21 Jul 1510:50 PMThe $172-billion Spanish asset management company, Santander, is set to get a piece of Baroda Pioneer’s mutual fund business. Private equity firms Warburg Pincus and General Atlantic might also have a stake in the mutual fund.
- 20 Jul 1509:57 AM"We are already burdened with several recently launched government schemes. How can one expect us to sell mutual funds or any other non-banking products," says a senior branch executive with a leading state-owned bank.
- 19 Jul 1502:20 AM"We are already burdened with several recently launched government schemes. How can one expect us to sell mutual funds (MFs) or any other non-banking products?" asks a senior branch executive with a leading state-owned bank.
- 13 Jul 1510:47 PMThe number of individuals making over Rs 1 crore a year by selling mutual fund (MF) products saw exponential growth in 2014-15, with the robust flow into the Rs 12 lakh crore asset management sector, with 44 operating entities.03:56 PMInvestors have pulled out a little over Rs 25,000 crore from various mutual fund (MF) schemes in June, with money markets contributing the most to the outflow.02:22 PMHDFC Mutual Fund has sold 3.15 per cent stake in media and entertainment firm Zee Media Corporation for over Rs 26 crore.02:22 PMSBI Mutual Fund has cut its stake by 3 per cent in Vijay Mallya-led McDowell Holdings to 5.77 per cent.
- 12 Jul 1503:32 PMMutual fund houses are bullish about the phased entry of the EPFO into exchange traded equity funds from this month, as they believe it will boost investors sentiment.
- 08 Jul 1510:43 PMUnperturbed by a tepid response to equity new fund offers (NFOs) in the past year, fund houses are pushing ahead with more.03:08 PMMutual fund managers continue to keep faith in equities, putting in nearly Rs 33,000 crore in April-June 2015, primarily driven by strong participation of retail investors.
|31 Jul 15||Birla Sun Life New Millennium Fund (D)||2.00|
|31 Jul 15||BNP Paribas Dividend Yield Fund - Direct (D)||0.10|
|31 Jul 15||SBI Arbitrage Opportunities Fund - Direct (D)||0.07|
|31 Jul 15||Franklin India Dynamic PE Ratio FoF - Direct (D)||0.85|
|31 Jul 15||Canara Robeco F.O.R.C.E. Fund (D)||1.30|
|31 Jul 15||ICICI Pru R.I.G.H.T. Fund (D)||2.15|
|31 Jul 15||Birla Sun Life Enhanced Arbitrage Fund (D)||0.07|
|31 Jul 15||SBI Arbitrage Opportunities Fund (D)||0.07|
|31 Jul 15||BNP Paribas Dividend Yield Fund (D)||0.10|
|31 Jul 15||Franklin India Dynamic PE Ratio Fund of Funds (D)||0.85|