Last Updated: Thursday, September 3, 2015, 21:30
After having joined the Rs 1 trillion club of fund houses, the Unit Trust of India Mutual Fund (UTI MF) is now looking to cross the mark of Rs 1.1 trillion by the fiscal-end.
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.
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.
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.
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.
Last Updated: Thursday, June 18, 2015, 16:18
Investments by mutual fund houses in software shares surged by 55 percent to nearly Rs 36,000 crore at the end of May on account of good return given by such stocks.
Last Updated: Thursday, June 4, 2015, 19:27
Investments by mutual fund houses in software shares hit a four-month low of around Rs 34,000 crore at the end of April.
Last Updated: Thursday, May 21, 2015, 17:04
Mutual fund managers pumped in over Rs 22,000 crore in the debt market in April, mainly on account of positive investor sentiments and the government's reforms agenda.
Last Updated: Thursday, May 7, 2015, 15:56
Mutual fund (MF) industry's asset base has grown around 10 percent to Rs 11.86 lakh crore at the end of April from March, primarily driven by huge inflows in equity schemes and money market segment.
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: 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.
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.
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