Birla Sun Life Equity Fund announces dividend, the record date for declaration of dividend is November 30, 2016
01 Dec 2016, 11.24 am | Source: Moneycontrol.com
The mutual fund industry hopes to garner Rs 1 trillion out of the Rs 10 trillion which is expected to be deposited in banks post demonetisation of old notes of Rs 500 and Rs 1,000 denominations.
22 Nov 2016, 8.46 pm | Source: PTI
Expecting a surge in investments in financial products post demonetisation, the mutual fund industry is preparing for a huge inflow of nearly Rs 1.5 lakh crore from retail and HNI investors over the medium term.
20 Nov 2016, 11.52 am | Source: PTI
This follows an addition of over 43 lakh folios in the entire 2015-16 and 25 lakh folios in 2014-15. In the last two years, investor accounts increased mainly due to robust contribution from smaller towns.
17 Nov 2016, 3.14 pm | Source: PTI
According to an industry estimate, of the 120 crore population, merely 2 crore are investing in mutual funds currently. The industry, comprising 40 fund houses, is looking to make it to 9 crore over 3-5 years.
16 Nov 2016, 8.00 pm | Source: PTI
The Association of Mutual Funds in India and 44-player mutual fund industry together will invest Rs 300 crore on investor education in the next 3-5 years, said CVR Rajendran, Chief Executive at AMFI today.
16 Nov 2016, 5.18 pm | Source: Moneycontrol.com
L&T Tax Advantage Fund Announces Dividend, the record date for declaration of dividend is November 18, 2016
15 Nov 2016, 11.27 am | Source: Moneycontrol.com
MFs could get an incremental Rs 50,000 crore in the next two months by way of investments from banks, which are flush with liquidity, Business Standard reported on Tuesday.
15 Nov 2016, 10.41 am | Source: Moneycontrol.com
Driven by addition in equity fund folios, mutual fund (MF) houses have registered a surge of more than 36 lakh investor accounts in the first seven months of the current fiscal, taking the total tally to 5.13 crore.
14 Nov 2016, 3.40 pm | Source: PTI
To safeguard the investors' interest, the fund houses are keeping a close watch on the developments and are looking to take a collective call on the resolutions to be moved at shareholder meetings of various listed Tata firms.
13 Nov 2016, 3.12 pm | Source: PTI
With this, the total net inflow in mutual fund schemes has reached Rs 2.67 lakh crore in the April-October period of the current fiscal. MFs had witnessed an inflow of Rs 2.15 crore in the same period last year.
11 Nov 2016, 1.48 pm | Source: PTI
Driven by addition in liquid fund folios, domestic mutual industry have registered a surge of more than 7 lakh investor accounts in October, taking the total tally to 5.12 crore.
11 Nov 2016, 12.30 pm | Source: Moneycontrol.com
The Peerless General Finance and Investment Company today signed an agreement to sell its entire shareholding of Peerless Mutual Fund to Essel Finance Management LLP.
10 Nov 2016, 4.24 pm | Source: Moneycontrol.com
To keep checks and balances on investment advisory services, the Securities and Exchange Board of India (Sebi) had issued a consultation paper in October proposing a overhaul of regulations governing investment advisors.
07 Nov 2016, 8.04 am | Source: PTI
Industry experts attributed the inflows to increased participation from retail investors and positive sentiment that was boosted after long-stalled GST Constitution Amendment Bill was passed in Parliament in August this year.
03 Nov 2016, 4.22 pm | Source: PTI
Reliance Nippon Life Asset Management, in October 2015, announced takeover of global giant Goldman Sachs Mutual Fund business in India for Rs 243 crore in an all-cash deal.
03 Nov 2016, 9.00 am | Source: PTI
A closer look at the performance of equity mutual funds suggests that mid- and small-cap schemes have generated better returns compared to large-cap funds over multiple time frames of three, five, and 10 years.
02 Nov 2016, 1.00 pm | Source: Moneycontrol.com
As on end of September quarter, the total value of mutual fund equity portfolio in listed firms stood at Rs. 4.94 lakh crore as against Rs.4.75 lakh crore held by LIC, shows a data collated by PRIME Database.
02 Nov 2016, 12.07 pm | Source: Moneycontrol.com
Most equity funds registered positive average returns for the month ended October, despite key share indices falling little over 1 percent last month.
01 Nov 2016, 10.50 am | Source: Moneycontrol.com
Industry insiders attributed the latest inflow to positive investor sentiment that was boosted after long-stalled GST Constitution Amendment Bill was passed in both houses of Parliament last month.
01 Nov 2016, 9.40 am | Source: PTI
HSBC Equity Fund announces dividend, the record date for declaration of dividend November 02, 2016
28 Oct 2016, 3.27 pm | Source: Moneycontrol.com
Parag Parikh Mutual Fund will take a call on investments in Noida Toll Bridge Company at a meeting held today, the fund house stated in a letter to the investors.
27 Oct 2016, 3.15 pm | Source: Moneycontrol.com
Domestic mutual fund managers do not seem to be perturbed by the storm brewing at Bombay House. On Monday evening after market hours, in a shocking development, Tata Sons' chairman Cyrus Mistry was replaced by his predecessor Rata...
26 Oct 2016, 10.48 am | Source: Moneycontrol.com
With this, the total net inflow in mutual fund schemes has reached Rs 2.34 lakh crore in the April-September period of the current fiscal. In comparison, MFs had witnessed an inflow of Rs 80,895 crore in the year-ago period.
26 Oct 2016, 9.44 am | Source: PTI