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  • mf accounts drop by over 15 lakh in april sept

    MF accounts drop by over 15 lakh in April-Sept

    October 17, 2013 16:09 IST

    New Delhi:  Mutual funds have lost an estimated over 15 lakh investors, measured in terms of individual accounts or folios, in the first six months of the current fiscal, mainly due to profit-booking and various

  • mutual funds pull out rs 2 800 crore from stocks in

    Mutual funds pull out Rs 2,800 crore from stocks in September

    October 07, 2013 17:22 IST

    New Delhi: Mutual funds offloaded shares worth Rs 2,800 crore in September after pumping in money in the preceding month.The net inflow of funds in August was Rs 1,607 crore, as per data with market

  • mutual funds accounts fall by over 13 lakh in april july

    Mutual funds accounts fall by over 13 lakh in April-July period: Sebi

    September 15, 2013 16:19 IST

    New Delhi: Mutual funds lost more than 13 lakh investors, measured in terms of individual accounts or folios, in the first four months of the current fiscal, mainly due to profit booking and various merger

  • mutual funds invest rs 1 600 crore in equity in august

    Mutual funds invest Rs 1,600 crore in equity in August

    September 09, 2013 11:34 IST

    New Delhi: Domestic mutual funds have purchased shares worth over Rs 1,600 crore in August, after pulling out more than Rs 2,400 crore in the preceding two months.The funds bought shares worth about Rs 1,607

  • mutual funds withdraw rs 2 100 cr from stocks in july

    Mutual funds withdraw Rs 2,100 cr from stocks in July

    August 04, 2013 15:39 IST

    New Delhi, Aug 4: Continuing their selling spree in the stock market, domestic mutual funds have sold shares worth over Rs 2,100 crore in July, making it 13th consecutive month of net outflows.The funds offloaded

  • simplify mutual fund products to reach out to masses pwc

    Simplify Mutual Fund products to reach out to masses: PwC

    June 30, 2013 15:28 IST

    New Delhi, June 30: Mutual fund products should be simplified to enable selling them to people in rural areas through public sector banks, says a PwC report."Mutual fund products need to be simplified if they

  • mutual fund mis selling comes under scanner

    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

  • mutual funds aum up 18 at rs 8.26 tn in april crisil

    Mutual Funds AUM up 18% at Rs 8.26 tn in April: Crisil

    May 14, 2013 16:01 IST

    New Delhi, May 14: The assets under management (AUM) of the mutual fund industry jumped 18 per cent at Rs 8.26 trillion in April year-on-year on the back of inflows into the money market and

  • mutual funds sell shares worth rs 23 000 cr highest in 12

    Mutual Funds sell shares worth Rs 23,000 cr, highest in 12 year

    May 07, 2013 14:33 IST

    New Delhi, May 7: Mutual funds sold shares worth nearly Rs 23,000 crore during the last fiscal, 2012-13, making it their biggest sell-off in 12 years.The financial year ended March 31, 2013 also marked the

  • mfs garner over rs 1 lakh cr from investors in apr dec 2012

    MFs garner over Rs 1 lakh cr from investors in Apr-Dec 2012

    February 03, 2013 13:21 IST

    New Delhi, Feb 3: Investors have put in more than Rs 1.2 lakh crore in various mutual funds in first nine months of the current fiscal compared to a cumulative net outflow of over Rs

  • sebi plans to colour code mutual fund products for risks

    SEBI plans to colour code mutual fund products for risks

    February 03, 2013 7:38 IST

    Kolkata, Feb 3: Capital market regulator SEBI will soon introduce product labelling for mutual funds to make the investors aware of any risks associated with it."Product labelling is an important investor education agenda for Sebi.

  • mutual fund assets rise to 2 year high

    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

  • mutual funds start lining up rgess offerings

    Mutual funds start lining up RGESS offerings

    January 10, 2013 13:19 IST

     Mumbai, Jan 9: Fund houses have begun lining up mutual fund schemes focused on the government's newly proposed Rajiv Gandhi Equity Savings scheme (RGESS), which aims to attract first-time small investors into the capital market

  • sebi cracks the whip on mutual funds

    Sebi cracks the whip on mutual funds

    December 12, 2012 19:56 IST

    Mumbai, Dec 12 : Cracking the whip on the practice of misselling of mutual fund schemes, market regulator SEBI has decided to bring such activities under the ambit of fraudulent trade practices.The move comes at

  • reliance capital gets rbi nod for mutual fund business

    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

  • indian bank enters into pact with sbi mutual fund

    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,

  • cap on bank exposure in liquid mfs will curb volatility

    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

  • tighter kyc norms in offing

    Tighter KYC Norms In Offing

    June 19, 2011 11:22 IST

    New Delhi, June 19 : With the government facing heat on the issue of black money, the Finance Ministry has begun an exercise to make identification norms uniform and more stringent for capital market players