Mutual Fund industry SIP count up 18% to 73 lakh

Last Updated: Wednesday, April 29, 2015, 14:11

Showing a strong surge in retail investor interest, mutual fund industry has seen the number of its new Systematic Investment Plans grow by 18 per cent to 73 lakh at the end of March 2015.

Retail investors' MF asset base surges 51% to Rs 2.43 lakh crore

Last Updated: Tuesday, April 28, 2015, 15:47

The mutual funds assets base of retail investors rose by a staggering 51 percent to over Rs 2.43 lakh crore at the end of March 2015 as against the year-ago level.

Reliance MF ropes in Samsung AMC for strategic alliance

Last Updated: Friday, April 24, 2015, 11:38

Top fund house Reliance Capital Asset Management Company on Friday roped in the largest Korean asset management firm Samsung AMC for a strategic alliance, which will allow the two companies to manage, market and distribute each other's investment products in India and South Korea.

Flash crash trader used rapid series of brokers: Documents

Last Updated: Friday, April 24, 2015, 02:37

The UK futures trader blamed for his role in the May 2010 Wall Street flash crash went through a rapid succession of brokerages that cleared his trades on the CME, documents filed in court showed.

MF exposure to software stocks climbs to Rs 36,000 cr in March

Last Updated: Friday, April 17, 2015, 16:16

This also marks the third consecutive full fiscal rise in the industry investment in software or IT companies.

Indiabulls MF plans scheme focused on 'Make in India' drive

Last Updated: Thursday, April 16, 2015, 15:40

Prior to Indiabulls Mutual Fund, several fund houses including ICICI Prudential MF, Pramerica MF and Birla Sun Life MF have filed draft papers with Sebi to launch schemes focused on the initiative.

MF equity folio rides rally, surges 25 lakh in FY15

Last Updated: Wednesday, April 15, 2015, 16:17

Equity mutual funds are in an overdrive, which saw 25 lakh investor accounts or folios added in 2014-15, mainly on account of a sharp stock market rally and strong retail participation.

MFs mark FY15 with Rs 40K cr equity inflow; first in 6 yrs

Last Updated: Sunday, April 12, 2015, 10:41

Mutual funds pumped in over Rs 40,000 crore in equity markets in 2014-15, making it their first net inflow in six years for an entire fiscal.

MF exposure to bank stocks drops to Rs 73,000 crore in March

Last Updated: Thursday, April 9, 2015, 16:16

Mutual fund (MF) managers dropped their exposure in bank stocks to over Rs 73,000 crore in March after raising it for six consecutive months.

MF orders via exchange platforms double to 19 lakh in FY15

Last Updated: Monday, April 6, 2015, 14:00

The number of mutual fund orders placed through the stock exchange platforms has more than doubled to over 19 lakh in 2014-15, primarily on the back of an increased appetite among investors.

MF investment in debt market soars to Rs 6 trillion in FY15

Last Updated: Friday, April 3, 2015, 14:12

Moreover, mutual fund houses are upbeat about overall inflows in equities and debt markets for the current financial year (2015-16) as well.

Sebi looking into concerns over commission cap in MF industry

Last Updated: Sunday, March 29, 2015, 12:20

Mutual fund industry's apex body AMFI's decision to implement the cap on upfront commission from April has created a rift among large mutual fund (MF) houses and small players.