Last Updated: Tuesday, April 21, 2015, 23:06
Global equity mutual funds and exchange-traded funds attracted $88.3 billion of net inflows so far in 2015, putting them on track to surpass the previous four-month record total of $86 billion from December 2005 through March 2006, TrimTabs Investment Research said on Tuesday.
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.
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.
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.
Last Updated: Monday, April 13, 2015, 16:30
Besides, Reliance Capital Asset Management Company, in December last year, had got the government's approval for first-ever equity-oriented pension scheme, giving tax benefits to investors.
Last Updated: Sunday, April 12, 2015, 13:21
In a major relief to investors, the rollover of mutual fund Fixed Maturity Plans (FMP) beyond 36 months will not attract capital gains.
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.
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.
Last Updated: Thursday, April 2, 2015, 16:02
Fund houses are upbeat about the industry's performance for the current fiscal (2015-16) as equity markets are expected to continue their momentum, making the segment attractive, industry insiders said.
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.
Last Updated: Thursday, March 26, 2015, 17:40
Aiming to tap into the upbeat investor sentiment, mutual fund houses have filed draft papers with market regulator Sebi to launch over 50 New Fund Offers.
Last Updated: Tuesday, March 24, 2015, 14:23
Continuing their bullish stance on banking stocks, mutual fund managers raised exposure to the sector to a historic high of nearly Rs 78,000 crore in February.
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