Mutual Funds
-
Mutual funds gather Rs 2 lakh crore in Apr-Jul FY 2015
Aug 10, 2015, 12:33 PM ISTNew Delhi: Investors have pumped in over Rs 2 lakh crore into various mutual fund schemes in the first four months of the current financial year, 2015-16, with equity and money markets contributing the most. This
-
From April 1, shell out more for MFs, eating out and business-class flights
Mar 31, 2015, 05:24 PM ISTNEW DELHI: Business-class air travel, investment in MFs and chit funds would become expensive with some of the service tax proposals announced in the Budget coming into effect from Wednesday. While eating out will also become
-
Mutual funds: Individual investors' asset base up 32% to Rs 5.24 lakh crore
Feb 05, 2015, 05:31 PM ISTNew Delhi: Individual investors have increased their assets base by 32% over the last nine months of the current fiscal year (2014-15) to Rs 5.24 lakh crore."Individual investors held Rs 5.24 lakh crore in mutual
-
Centre considering tax exemption to three-year bank FDs
Jan 22, 2015, 04:42 PM ISTNew Delhi: The Central government is considering the demands of several banks that fixed deposits for three years be made tax-free providing a level playing field with mutual funds and tax-free bonds.According to some media
-
Mutual Funds' exposure to IT stocks declines in December
Jan 20, 2015, 03:19 PM ISTNew Delhi: Mutual fund managers slashed their exposure in software stocks to nearly Rs. 34,000 crore in December, after raising it for six consecutive months.According to data available with market regulator SEBI, the funds' investment
-
Mutual funds infuse Rs 23,530 cr in equities this year
Dec 31, 2014, 02:17 PM ISTNew Delhi: Mutual funds pumped in more than Rs. 23,500 crore in domestic equities in 2014 mainly on account of a rally in stock markets.This was in sharp contrast to net withdrawals of over Rs.
-
Mutual fund exposure to bank stocks surges to Rs 70,000 crore in Nov
Dec 21, 2014, 03:05 PM ISTNew Delhi: The mutual fund industry is betting big on banking stocks as its equity exposure to the sector climbed to an all-time high of over Rs 70,000 crore in November amid the market rally.This
-
Mutual Fund's exposure to bank stocks hits record high
Sep 12, 2014, 10:40 AM ISTNew Delhi: Mutual fund (MF) managers raised their exposure in bank stocks to all-time high of over Rs. 56,600 crore in August, making it the seventh consecutive monthly rise in capital infusion.According to the latest
-
HDFC, ICICI Prudential, Franklin Templeton retain top positions among fund houses
Aug 20, 2014, 11:42 PM ISTNew Delhi: Top three positions continue to be captured by the same three fund houses namely HDFC, ICICI Prudential Asset Management Company and Franklin Templeton during the past three years, according to the third Annual
-
Mutual funds exposure to bank stocks hits record high of Rs55,000 crore
Jul 14, 2014, 04:56 PM ISTNew Delhi: Mutual fund (MF) managers raised their exposure in bank stocks to an all-time high of nearly Rs.55,000 crore in June this year amid soaring equity markets. According to the latest data available with
-
Mutual funds garner Rs 1.5 lakh crore in May; highest in 3 years
Jun 09, 2014, 09:28 AM ISTNew Delhi:Investors pumped in a net Rs. 1.5 lakh crore in various mutual fund schemes in May - the highest amount in more than three years. Investors had poured in Rs. 1.09 lakh crore in April.
-
Investors pump in Rs 1+ lakh crore in mutual fund schemes in April, highest in 3 yrs
May 21, 2014, 05:13 PM ISTNew Delhi: Investors pumped in more than Rs 1.12 lakh crore in various mutual fund schemes in April, making it the highest amount in three years.The funds mobilisation in April came after a net outflow
-
Sebi asks FinMin to consider tax sops for mutual funds
May 18, 2014, 09:47 PM ISTNew Delhi: In a bid to boost the mutual fund industry, market regulator Sebi has requested the Finance Ministry to consider various tax sops and other measures for investors and a final decision in this
-
MFs garnered Rs 54,000 crore in 2013-14
Apr 20, 2014, 07:39 PM ISTNew Delhi:Investors pumped in nearly Rs 54,000 crore in various mutual fund schemes in 2013-14, 30 per cent lower than the amount infused by them in the preceding fiscal.However, industry experts believe that fund mobilisation
-
MFs sell shares worth Rs 14,000 cr in FY'14
Apr 08, 2014, 06:42 PM ISTNew Delhi: Mutual funds offloaded shares worth more than Rs 14,000 crore during 2013-14 fiscal, making it the fifth consecutive year of net outflows.As per the latest data compiled by market regulator SEBI, mutual funds
-
'Mutual funds' asset window-dressing efforts under Sebi, AMFI scanner
Mar 28, 2014, 04:42 PM ISTNew Delhi: Some mutual funds have come under scanner of the capital markets watchdog Securities and Exchange Board of India (Sebi) and industry's front-line regulator AMFI (Association of Mutual Funds in India) for allegedly window-dressing
-
Mutual funds on selling spree; offload Rs 10,000 cr of shares
Mar 09, 2014, 06:40 PM ISTNew Delhi: Mutual funds sold shares worth over Rs 10,000 crore during the first 11 months of the current financial year on continued redemption pressure.In contrast, they pumped in a staggering Rs 4.43 lakh crore
-
Sinha asks MFs to refocus on biz, promises policy push soon
Jan 27, 2014, 09:54 PM ISTMumbai: Market regulator Sebi will soon come out with a long-term policy for mutual funds to help the industry create more understanding and better positioning of products amongst investors as fund houses have lost their
-
MF accounts drop by over 15 lakh in April-Sept
Oct 17, 2013, 04:09 PM ISTNew 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 September
Oct 07, 2013, 05:22 PM ISTNew 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