Apr 24, 2017 at 16:24 | Source: Moneycontrol.com
Domestic mutual fund managers have picked up shares worth nearly Rs 5,000 crore so far this month far as inflows from retail investors continued
Apr 23, 2017 at 11:07 | Source: PTI
As per RBI norms, Payments banks have to focus on providing basic financial services, including social security and utility bill payments, remittance functions, and can mobilise deposits of up to Rs 1 lakh.
Apr 22, 2017 at 08:56 | Source: Moneycontrol.com
Birla Mutual Fund bought 870,760 shares of Dalmia Bharat at Rs 2,050 per share on the BSE and Franklin Templeton Investment Funds bought 750,547 shares at Rs 2,050 per share on the BSE. Smallcap World Fund INC bought 2,759,500 shares at Rs 2,030.13 per share on the BSE.
Apr 21, 2017 at 17:24 | Source: Moneycontrol.com
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Apr 21, 2017 at 17:00 | Source: Moneycontrol.com
This could be a sign of cautions for investors. Either mutual funds would have booked profits in these stocks or the fundamentals does not support the current valuation. In either case, it is a sign of caution for investors.
Apr 21, 2017 at 14:07 | Source: CNBC-TV18
Sunil Subramaniam of Sundaram Mutual Fund also said that apart from the positivity, unplanned taxpayers rushing to invest before the financial year could have led to the surge in flows
Apr 20, 2017 at 12:13 | Source: PTI
Franklin Templeton Mutual Fund, which had 3.95 per cent stake earlier, hiked its shareholding in the company to 5.22 per cent by buying shares on April 18, Somany Ceramics said in a filing to the BSE.
Apr 20, 2017 at 11:06 | Source: CNBC-TV18
Harsha Upadhyaya of Kotak Mutual Fund also cautioned investors on midcaps as they could be volatile in the near term. He also remained cautious on IT sector.
Apr 19, 2017 at 19:02 | Source: Moneycontrol.com
Tata Mutual Fund has restructured Tata Corporate Bond Fund on the back of worrying possibility of rising interest rates. The scheme has been modified to meet investor needs for funds with an accrual focus, a release from the fund house said.
Apr 18, 2017 at 18:24 | Source: Moneycontrol.com
Mutual funds with its varied offering can help investors achieve their varied goals.