MF houses expect EPFO entry to boost equity ETF space

Last Updated: Sunday, July 12, 2015, 15:53

Mutual fund houses are bullish about the phased entry of the EPFO into exchange traded equity funds from this month, as they believe it will boost investors sentiment.

SBI MF lays out plan for Rs 1 lakh cr AUM by Sept quarter

Last Updated: Friday, July 10, 2015, 19:42

SBI MF, a joint venture between SBI and French major Amundi, is the sixth-largest fund house with an AUM of Rs 86,000 crore as of the June quarter and is all set to cross the Rs 1 lakh crore mark by the September quarter.

Equity MFs get retail lift, attract Rs 33,000-cr in Jun quarter

Last Updated: Wednesday, July 8, 2015, 17:26

Mutual fund managers continue to keep faith in equities, putting in nearly Rs 33,000 crore in April-June 2015, primarily driven by strong participation of retail investors.

Mutual Fund global asset base climbs to record $74 trillion in 2014

Last Updated: Wednesday, July 8, 2015, 17:21

The asset base of mutual fund industry worldwide climbed 5 percent to a record USD 74 trillion in 2014, primarily on account of strong performance of the Asia-Pacific region, led by China and India.

Mutual fund houses see only marginal impact of Greek crisis

Last Updated: Wednesday, July 1, 2015, 22:37

Domestic mutual fund houses expect some volatility in the short-term since they expect foreign investors to pull out some money, though they are hopeful that the Greek crisis would not have any long-term impact on the domestic market.

Sebi warns MFs against misuse of investor education funds

Last Updated: Tuesday, June 30, 2015, 18:17

Taking note of the rising instances of mutual fund players improperly using the investor education funds, markets regulator Sebi today asked the industry to take corrective action or else the regulator will have to step in.

MFs try out 'mystery shoppers' to keep lid on mis-selling

Last Updated: Sunday, June 28, 2015, 13:07

To check mis-selling of mutual funds and ensure compliance with norms, fund houses have begun using 'mystery shoppers' to catch errant agents and also to get feedback from investors.

MFs file papers with Sebi for 100 new offerings in 2015

Last Updated: Thursday, June 25, 2015, 15:37

With rising demand from retail investors for mutual fund schemes, the draft papers by fund houses filed with capital markets regulator Sebi for launching New Fund Offers have gone as high as 100 since January.

LIC Nomura MF aims to raise Rs 100 cr from Dual Advantage Plan

Last Updated: Monday, June 22, 2015, 18:45

The New Fund Offer (NFO) period will close on July 6.

MF exposure to bank stocks climbs to Rs 79,000 crore

Last Updated: Tuesday, June 16, 2015, 15:33

Mutual Fund managers have been on a shopping spree for banking stock, raising their allocation to the sector to over Rs 79,000 crore in May in anticipation of a rate cut by the Reserve Bank.

Mutual funds log Rs 1 lakh cr inflows in April-May

Last Updated: Monday, June 8, 2015, 15:52

Investors have pumped in over Rs 1 lakh crore into various mutual fund schemes in the first two months of the current financial year, 2015-16, with equity and money markets contributing the most.

Despite muted growth, MFs bullish on global equity funds

Last Updated: Sunday, June 7, 2015, 16:39

"We do believe that principal reason behind international equity funds not picking up currently is the differential tax treatment," JP Morgan Asset Management managing director and chief executive Nandkumar Surti told PTI, adding, "we keep giving representation on the issue to the government seeking a level playing field.