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  Mutual Fund industry's asset base grows by Rs 1 lakh crore in 2013

  December 29, 2013 16:06 IST

  New Delhi: Following a smart turnaround in 2013 with an increase of over Rs 1 lakh crore in its asset base to nearly Rs 9 lakh crore, the mutual fund industry is looking forward to

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  Mutual fund mis-selling comes under scanner

  June 20, 2013 16:20 IST

  New Delhi, June 20: With an aim to check mis-selling of mutual funds by bank staff and employees of other financial services firms, the regulators have made it mandatory for such persons to get an

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  Mutual fund assets rise to 2-year high

  January 11, 2013 17:09 IST

  New Delhi, Jan 11: Touching the highest level in nearly three years, the assets managed by mutual funds jumped by more than 5 per cent to Rs 7.86 lakh crore in the three months ended

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  Reliance Capital gets RBI nod for mutual fund business stake sale

  June 10, 2012 17:20 IST

  New Delhi, Jun 10: The Reserve Bank of India has approved Anil Ambani-led Reliance Group's Rs 1,450 crore stake sale in its mutual fund business unit to Japan's Nippon Life. The diversified conglomerate's financial services

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  Indian Bank Enters Into Pact With SBI Mutual Fund

  July 12, 2011 23:05 IST

  Chennai, Jul 12: Public sector Indian bank has entered into an agreement with SBI Mutual Fund to sell its products.The agreement was signed between SBI Mutual Fund and Indian Bank at a function held today,

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  Cap On Bank Exposure In Liquid MFs Will Curb Volatility, Says Crisil

  June 21, 2011 21:13 IST

  Mumbai, Jun 21 : The recent Reserve Bank directive to banks to cap their investments in liquid mutual fund schemes at 10 percent is positive for the asset management industry, as it can help fund