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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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
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,
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
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
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