MFs buy shares worth Rs 10,533 cr in Aug, but FPIs hit exits

Last Updated: Wednesday, September 2, 2015, 16:08

Mutual fund managers continued their shopping spree in August purchasing shares worth a staggering Rs 10,533 crore even though overseas investors pulled out a record money from the stock market.

MF mangers' buys shares worth Rs 9,500-cr in August

Last Updated: Sunday, August 30, 2015, 15:16

This was higher than Rs 5,442 crore pumped into the equity markets last month.

Burned by oil, some US fund managers still bet on rebound

Last Updated: Thursday, August 20, 2015, 17:31

Mutual fund managers who believed the slump in oil prices would be short-lived have been taking it on the chin, but some are not giving up, betting that the market will bounce back and they will have the last laugh.

MF exposure to software stocks hits all-time high in July

Last Updated: Wednesday, August 19, 2015, 16:00

Mutual Fund managers seem to be bullish on software shares as they raised their allocation in the sector to an all time-high of over Rs 38,000 crore in July due to depreciation in rupee.

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.

Dewan Housing takes 50% stake each in Pramerica AMCs

Last Updated: Tuesday, August 11, 2015, 15:16

Dewan Housing Finance Corporation (DHFL) on Tuesday said it has acquired 50 percent stake in Pramerica Asset Managers Private (PAMC) and Pramerica Trustees Private (PTC).

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."

PFRDA to invite bids for pension fund managers

Last Updated: Friday, August 7, 2015, 17:05

Regulator PFRDA Friday said it will invite fresh bids for appointing Pension Fund Managers (PFMs) for the Rs 90,000 crore corpus.

SEBI seeks to step up scrutiny of offshore wealth managers: Sources

Last Updated: Thursday, August 6, 2015, 21:47

Attracted by a growing number of Indian millionaires, foreign banks including Barclays Plc, BNP Paribas SA and Standard Chartered Plc are offering onshore wealth management services in India under the regulatory supervision of local watchdogs.

Mutual funds exposure to bank stocks declines to Rs 78,582 cr

Last Updated: Friday, July 17, 2015, 18:49

Mutual funds' allocation to the banking sector dropped to Rs 78,582 crore in June, after hitting an all-time high in the preceding month, amid weakness in bank stocks.

China stocks jump as government restores faith

Last Updated: Friday, July 10, 2015, 10:02

Chinese stocks surged for a second day on Friday as a government rescue plan offered a respite from a month-long rout.

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.