Investors may pay less for MF products, Amfi plans to cut costs

Last Updated: Sunday, September 6, 2015, 13:07

Besides, it is planning to do away from the current practice of disclosing overall Assets Under Management (AUM) by fund houses and restrict it to only retail AUM.

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.

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.

MF equity asset base paces up, shy of Rs 4 lakh cr

Last Updated: Sunday, August 16, 2015, 13:49

Analysts said equity markets have delivered positive returns, a big reason why retail investors went for such schemes.

Equity MFs folio count up 11 lakh in Apr-July

Last Updated: Thursday, August 13, 2015, 14:27

Equity mutual funds witnessed an addition of over 11 lakh investor accounts or folios in the first four months of the current fiscal (2015-16), primarily on the back of strong retail participation.

Foreign liabilities of MFs rise to Rs 566 bn in 2014-15: RBI

Last Updated: Tuesday, August 11, 2015, 23:00

Foreign liabilities of mutual fund companies in India increased by Rs 155.4 billion during 2014-15 to Rs 565.9 billion (USD 9 billion), says a RBI survey.

MF distributors income jumps 84% to Rs 4,729 cr in FY'15

Last Updated: Tuesday, August 11, 2015, 13:51

Mutual fund distributors clocked a staggering income of Rs 4,729 crore in 2014-15, a surge of 84 percent from the preceding financial year, mainly on account of sharp rally in market and robust inflows in equity schemes.

Mutual Funds focusing on 'direct plan' to sell schemes

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.