MF investors can transact via WhatsApp, apps

Last Updated: Tuesday, March 24, 2015, 18:12

These new facilities will help investors in buying or selling mutual fund (MF) products in a simpler and faster manner.

MF houses want tax sops for pension products on lines of NPS

Last Updated: Thursday, March 19, 2015, 11:22

Mutual fund houses have said that tax benefits for retirement solutions should be provided on the lines of the New Pension System (NPS) as they are planning to enter pension funds sector in a big way.

Sebi proposes easier norms for domestic MF managers

Last Updated: Monday, January 12, 2015, 19:55

To make it easier for domestic mutual funds to manage offshore pooled assets, Sebi Monday proposed to drop '20-25 rule', which requires a minimum of 20 investors and a cap of 25 percent investment by an individual investor in a particular scheme, for certain foreign entities.

Mutual Funds reach Rs 11-trillion mark; add Rs 3-trillion in 2014

Last Updated: Thursday, December 25, 2014, 16:26

Fighting all adversities and a tougher regulatory regime, mutual funds are headed for a cash-rich 2014 with an estimated addition of about Rs three lakh crore to its asset base to become a Rs 11-trillion market.

Mutual fund folio count rises by 3.5 lakh in FY'15 so far

Last Updated: Friday, December 5, 2014, 16:45

Driven by addition in equity fund folios, mutual fund houses have registered a rise of over 3.5 lakh investor accounts in the first eight months of the ongoing 2014-15 fiscal.

Tax exemption for securitisation trusts to boost MFs

Last Updated: Thursday, March 7, 2013, 20:39

With the Budget provisions to exempt securitisation trusts from taxation, mutual fund houses are likely to enter into securitisation deals after staying away from it since last year, say industry experts.

Mutual fund asset base rise by Rs two-trillion in 2012

Last Updated: Friday, December 28, 2012, 13:44

After two consecutive years of plunge, the mutual fund industry managed to register a smart turnover in 2012, with its assets base seen nearing Rs 8 trillion with an increase of about Rs two trillion this year.

SBI, L&T Mutual Funds to discontinue 19 schemes

Last Updated: Thursday, October 11, 2012, 16:25

The move follows new Sebi regulations, which require fund houses to launch only one plan per scheme with effect from this month.

Fund houses welcome SEBI move on under-performing schemes

Last Updated: Thursday, June 21, 2012, 23:03

Mutual fund houses have welcomed market regulator SEBI's decision to quiz heads of the fund houses for non-performance saying it will increase their accountability.

MFs to make more disclosures in scheme documents

Last Updated: Monday, August 1, 2011, 19:25

Market regulator Sebi on Monday asked mutual fund houses to disclose the list of sectors in which they will not invest the corpus, in debt schemes, a move which will help investors take a conscious decision before investment.