News from other websites on Mutual Fund
Mutual funds invest Rs 4.74 lakh crore in FY13, highest in 12 years
May 19, 2013 at 22:00 | Source: NDTV Profit
New Delhi: Mutual funds pumped Rs 4.74 lakh crore into the debt market in fiscal year 2012-13, making it their biggest investment in the last 12 years. The financial year ended March 31, 2013 also marked the 12th consecutive year of net inflows by ...
SEBI to set norms for foreign firms attracting Indian investors
May 19, 2013 at 14:52 | Source: The Hindu BusinessLine
New Delhi, May 19: Amid a growing number of brokerage firms, hedge funds and other market intermediaries from abroad soliciting business from HNIs and other investors in India, SEBI is considering introducing a separate set of rules for such foreign...
Mutual Funds invested Rs 4.74 lakh crore in FY'13, highest in 12 years
May 19, 2013 at 14:52 | Source: Financial Express
Mutual funds pumped Rs 4.74 lakh crore into the debt market in 2012-13, making it their biggest investment in the last 12 years. The financial year ended March 31, 2013 also marked the 12th consecutive year of net inflows by mutual funds (Mfs) into ...
Debt market: MFs invest Rs 4.74 lakh cr in ‘12-13
May 19, 2013 at 14:52 | Source: The Hindu BusinessLine
New Delhi, May 19: Mutual funds pumped Rs 4.74 lakh crore into the debt market in 2012-13, making it their biggest investment in the last 12 years.The financial year ended March 31, 2013 also marked the 12th consecutive year of net inflows by mutual...
Chit fund scam dupes 7 lakh in Odisha
May 19, 2013 at 08:46 | Source: DNA India
When school teacher Basudev Mohapatra retired in 2012, he invested most of his retirement benefits, which amounted to Rs 7 lakh, with the Seashore Group that promised him a whopping 24 per cent interest annually for 6 years before returning his mone...
SBI Mutual Fund ties up with NISM
May 18, 2013 at 21:36 | Source: The Hindu BusinessLine
Chandigarh, May 18: SBI Mutual Fund today announced its strategic alliance with National Institute of Securities Markets (NISM) for conducting mutual fund distributors’ (MFD) certification examinations at select learning centres. “Throug...
Fund Talk - Don’t go overboard on tax saving vehicles
May 18, 2013 at 21:36 | Source: The Hindu BusinessLine
May 18, 2013: I am 29 years old and have been investing Rs 10,000 every month through the SIP mode in the following funds: Rs 3,000 in Quantum Long Term Equity, Rs 2,500 in HDFC Balanced, Rs 2,000 in IDFC Premier Equity, Rs 2,000 in Birla Sunlife Fr...
How to make changes in mutual fund folios
May 18, 2013 at 21:36 | Source: The Hindu BusinessLine
Investors may change their name due to marriage or other reasons. This change needs to be recorded in their MF folios. Similarly, the name in the application form may, inadvertently, have been filled incorrectly and the investor would need to get th...
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
May 17, 2013: The reputation and reliability of Credit Rating Agencies (CRAs) have taken a knock since the US sub-prime crisis of September 2008. Their failure to account for weaknesses and even giving high ratings to toxic mortgage-backed securitie...
Gold prices may bounce, allocate 10% portfolio to precious metal: Analyst
May 17, 2013 at 19:10 | Source: Economic Times
MUMBAI: Dedicated exchanged traded mutual funds investing in gold ( gold ETF) have seen net outflows for the third month in a row. As per the data released by Association of Mutual Funds in India, the gold ETFs have seen net inflows of Rs 36 crore i...
Stop ‘playing’ the stock market
May 17, 2013 at 18:57 | Source: Market Watch
The stock market’s record highs seem to have some people convinced that investing is child’s play. My inbox has been flooded recently with letters and press releases about various places where the Stock Market Game was played this spring, with t...
Why Facebook is an unfriendly reminder of IPO risk
May 17, 2013 at 18:57 | Source: Market Watch
NEW YORK (MarketWatch) — Facebook’s flubbed initial public offering a year ago Saturday laid bare some important truths worth remembering even as major U.S. stock indexes score a string of all-time highs. The debut offered a timely reminder to r...
After Vikram Pandit tie-up, JM Financial shares surge 17%
May 17, 2013 at 17:37 | Source: Financial Express
JM Financial shares today shot up by nearly 17 per cent in morning trade, after the company said former Citigroup chief Vikram Pandit will buy stake in it. Following the news, shares of JM Financial opened the day on a strong note and as the trade p...
Indian rupee, US dollar edges up tracking Asians, shares in focus
May 17, 2013 at 16:17 | Source: Financial Express
Indian rupee today lost 21 paise to 54.98 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency against euro overseas. Increased demand for the dollar from importers also put pressure on the ru...
Reliance Capital Q4 net profit declines by over 19 per cent
May 17, 2013 at 07:07 | Source: Financial Express
Reliance Capital today reported over 19 per cent decline in net profit at Rs 265 crore for the quarter ending March 2013, mainly due to drop in income from operations. The company's net profit stood at Rs 329 crore during the quarter ending March 20...
Gold funds may be hit by RBI's curbs on imports for domestic use
May 17, 2013 at 04:40 | Source: Economic Times
MUMBAI: Gold exchange traded funds (ETF), among the hottest financial products in recent times, may face a curious problem because of a recent RBI circular which bars the import of gold on a consignment basis for domestic use. Authorised participant...
Apollo Hospitals, GSK Consumer gain on MSCI index rejig
May 16, 2013 at 21:52 | Source: The Hindu BusinessLine
Chennai, May 16: Stocks of Apollo Hospitals, Oil India, Wockhardt and GlaxoSmithKline Consumer Healthcare gained between one and nine per cent on the bourses on Thursday after Morgan Stanley Capital International announced that they will be included...
India gets average rating in Morningstar survey of global funds
May 16, 2013 at 21:52 | Source: The Hindu BusinessLine
Chennai, May 16: India has been accorded an average rating by Morningstar Inc based on its Global Fund Investor Experience report. Morningstar, which assesses the experiences of mutual fund investors in 24 countries across North America, Europe, Asi...
Why Fidelity and Vanguard are afraid of politics
May 16, 2013 at 21:52 | Source: Market Watch
Mutual funds are caught in the middle of one of the most contentious issues in American politics: Spending by big business to gain influence in Washington. While money and politics have always gone hand in hand, recent business legislation — like ...
Rate-cut expectations rise after inflation surprise
May 16, 2013 at 20:32 | Source: Financial Express
The unexpectedly sharp fall in Indian wholesale inflation for April has prompted many economists to change their policy rate cut views, according to a Reuters poll on Thursday. In the fresh poll, seven out of 14 economists who had earlier said the R...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
