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.
Last Updated: Thursday, September 3, 2015, 22:58
A government appointed panel has suggested complete phase out of upfront commissions on investment products like insurance, mutual funds and pensions.
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.
Last Updated: Thursday, August 20, 2015, 23:41
Insurers and fund houses see payments banks (PBs) as a boon for the sector as opportunities of cross-sell would help deepen their reach in rural areas.
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.
Last Updated: Sunday, August 16, 2015, 15:49
Mutual funds managing offshore money are fearing a large-scale investor exit in the event of a further depreciation in the rupee, which has been hit hard after a surprise devaluation of Chinese currency yuan last week.
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.
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.
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, August 9, 2015, 14:26
Investors have pumped in over Rs 2 lakh crore into various mutual fund schemes in the first four months of the current financial year, 2015-16, with equity and money markets contributing the most.
Last Updated: Friday, August 7, 2015, 18:52
In a big relief to mutual fund agents, the government has said that distributors will not have to pay tax on services provided by them and the liability in this regard would entirely be on the fund houses.
Last Updated: Monday, August 3, 2015, 15:13
In comparison, mutual fund reported a net inflow of nearly Rs 31,000 crore in the debt markets last month.
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