MF exposure to bank stocks hit record high of Rs 85,000 cr

Last Updated: Monday, August 17, 2015, 16:02

In comparison, equity fund managers' deployment in banking stocks stood at Rs 55,086 crore in July 2014.

MFs fear large-scale investor exit on yuan devaluation

Last Updated: Sunday, August 16, 2015, 15:49

Mutual funds managing offshore money are fearing a large-scale investor exit in the event of a further depreciation in the rupee, which has been hit hard after a surprise devaluation of Chinese currency yuan last week.

MF equity asset base paces up, shy of Rs 4 lakh cr

Last Updated: Sunday, August 16, 2015, 13:49

Analysts said equity markets have delivered positive returns, a big reason why retail investors went for such schemes.

PE funds bet big on India, pour $7 bn in H1: Report

Last Updated: Sunday, August 16, 2015, 11:52

The private equity inflows in the first half of this year were 38 per cent higher in value terms as compared to USD 5.11 billion in the same period of 2014.

DLF's net debt up 3% to Rs 21,600 crore

Last Updated: Friday, August 14, 2015, 15:47

Realty major DLF's net debt rose by Rs 633 crore to reach nearly Rs 21,600 crore at the end of the April-June quarter but the company said it is looking to raise private equity funds at project level to reduce debt.

Equity MFs folio count up 11 lakh in Apr-July

Last Updated: Thursday, August 13, 2015, 14:27

Equity mutual funds witnessed an addition of over 11 lakh investor accounts or folios in the first four months of the current fiscal (2015-16), primarily on the back of strong retail participation.

Mutual Funds focusing on 'direct plan' to sell schemes

Last Updated: Monday, August 10, 2015, 16:39

A number of mutual fund houses are focusing on 'direct plan' mode to sell their schemes, a move that may maximise the returns for the investors as against regular plans involving distributors.

Indian funds as good as foreign peers, need scale: UTI chief

Last Updated: Sunday, August 9, 2015, 17:26

Stating that Indian mutual fund industry has potential to grow as much as 100 times of its current size of about Rs 13 lakh crore, Puri said, "Indian fund managers are not very large, but they have been quite successful stock pickers."

Mutual funds gather Rs 2 lakh crore in Apr-Jul FY'15

Last Updated: Sunday, August 9, 2015, 14:26

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.

Service tax liability on mutual funds, not their agents

Last Updated: Friday, August 7, 2015, 18:52

In a big relief to mutual fund agents, the government has said that distributors will not have to pay tax on services provided by them and the liability in this regard would entirely be on the fund houses.

Sebi board to discuss SIT suggestions on black money fight

Last Updated: Friday, August 7, 2015, 15:11

As it continues its fight against suspected illicit funds being routed through stock markets, Sebi has initiated an internal study of suggestions made by the Supreme Court-appointed SIT on black money and the matter would be discussed by the regulator's board later this month.