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Mutual fund industry AUM soars by Rs 1.5 lakh cr
Improved market sentiments helped mutual funds' assets under management (AUM) soar by over Rs 1.5 lakh crore to touch Rs 8.2 lakh crore in 2012-13. The country's 44 fund houses together had an averag...
May 20, 2013 at 15:57 | Source: Financial Express
Labelling Risk
Over the past few years, Sebi, or the Securities and Exchange Board of India, has worked on making mutual funds attractive for investors , with the more recent attempts concentrating on curbing 'mis-...
May 16, 2013 at 09:11 | Source: Business Today
Fund managers now prefer job security over fat pay cheques and bonuses
MUMBAI: After five years with CanaraRobeco Mutual Fund, RiteshJain, 44, is now moving to Tata Mutual Fund. He will be responsible for Rs 19,897 crore in his new job, twice what he managed at CanaraRo...
May 15, 2013 at 07:16 | Source: Economic Times
No let-up in net outflows at equity MFs
Equity mutual fund (MF) schemes continue to see heavy net outflows. March may be an aberration, but April numbers prove that the outflows are on for the 14th month since January 2012. However, mutual...
May 14, 2013 at 06:45 | Source: DNA India
Mutual Fund's AUM up 18% at Rs 8.26 trn in Apr: Crisil
MUMBAI: The assets under management ( AUM) of the mutual fund industry jumped 18 per cent at Rs 8.26 trillion in April year-on-year on the back of inflows into the money market and income funds, acco...
May 14, 2013 at 06:22 | Source: Economic Times
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