Debt mutual funds can now invest up to 15 percent of their total net assets in housing finance companies with Sebi easing the regulations in this regard.
22 Feb 2017, 9.22 pm | Source: PTI
Vikaas Sachdeva, former chief executive officer of Edelweiss Mutual Fund has joined Enam Asset Management Co in the sane capacity, sources in the industries said
22 Feb 2017, 5.07 pm | Source: Moneycontrol.com
There is quite some effort that a lot of people put in when they are planning their long term investments.
21 Feb 2017, 3.55 pm | Source: Moneycontrol.com
Existing mutual fund schemes will not require approval of a majority of unit holders to invest in derivatives segment provided the investors are given the exit option, Sebi said today.
20 Feb 2017, 8.14 pm | Source: Moneycontrol.com
With valuations of mid cap companies inching closer to its all time high, Axis Mutual Fund is worried about sky high valuations and following a cautious in picking up the stocks in the underlined space, said Jinesh Gopani, Head-Eq...
20 Feb 2017, 4.47 pm | Source: Moneycontrol.com
Gupta expects the AUMs to be driven by few large funds and also intends to compete in the balanced funds category. At the same time, the fund house is looking to scale up its fixed income business substantially
20 Feb 2017, 12.28 pm | Source: Moneycontrol.com
Fund houses are betting big on investments through systemic investment plan (SIP) to achieve the magical figure of Rs 20 trillion assets under management (AUM) for the industry by end of the current calendar year.
19 Feb 2017, 3.40 pm | Source: PTI
HDFC Mutual Fund is quite optimistic on Indian market as macro economic indicators are favorable for making investments, says ace fund manager Prashant Jain, Executive Director & Chief Investment Officer at HDFC Mutual Fund.
18 Feb 2017, 12.46 pm | Source: Moneycontrol.com
Market in yesterday’s trade rallied owing to the gains from healthcare stocks. Swati Kulkarni of UTI MF said that pharma companies are going through the remediation process and after they US FDA approvals, the pharma stocks will...
17 Feb 2017, 3.22 pm | Source: CNBC-TV18
The move comes after Sebi in its board meeting last month permitted mutual funds to invest in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs).
16 Feb 2017, 7.10 pm | Source: PTI
The stock market has digested most of the news post demonetisation and emerged relatively unscathed, says S Krishna Kumar, CIO Equity at Sundaram Mutual Fund.
16 Feb 2017, 11.23 am | Source: CNBC-TV18
One of the conditions related to the demat account is the charge that would be incurred in the maintenance of the demat account.
15 Feb 2017, 4.07 pm | Source: Moneycontrol.com
Over the last 3 years (from December 2013 to November 2016) gold ETFs have witnessed outflows in almost every month, and cumulatively an outflow of around Rs 5,300 crore
15 Feb 2017, 12.20 pm | Source: Moneycontrol.com
Market valuations are slightly beyond comfort and with no big macro events lined up, a runaway rally is unlikely, says Mahesh Patil, Co-Chief Investment Officer at Birla Sun Life AMC.
15 Feb 2017, 10.17 am | Source: CNBC-TV18
DSP BlackRock Investment Managers today announced that it will temporarily suspend all fresh transactions in DSP BlackRock Micro Cap Fund, an open ended diversified equity growth scheme with effect from February 20, 2017
14 Feb 2017, 4.59 pm | Source: Moneycontrol.com
Investing in tax saving ELSS mutual funds would help you to save tax u/s 80C as well as giving superior returns.
14 Feb 2017, 4.32 pm | Source: Moneycontrol.com
IDFC Asset Management Company today launched an open-ended fixed income fund and hoped to mop-up revenue in the range of Rs 300 crore-500 crore from the scheme in the NFO period itself.
13 Feb 2017, 5.54 pm | Source: PTI
ELSS are built to offer benefits of capital appreciation based on equity gains and tax benefits to investors.
13 Feb 2017, 3.38 pm | Source: Moneycontrol.com
This follows addition of 59 lakh folios in 2015-16 and 22 lakh in 2014-15. In the last two years, numbers of investor accounts have increased following robust contribution from smaller towns.
13 Feb 2017, 1.38 pm | Source: PTI
First time investors may end up taking wrong decisions due to limited information they have.
13 Feb 2017, 11.42 am | Source: Moneycontrol.com
Beating demonetisation blues, financial services major Reliance Capital saw its mutual fund business register 25 percent surge in Assets Under Management to Rs 1.95 lakh crore in the third quarter of the current fiscal and said it...
12 Feb 2017, 6.04 pm | Source: PTI
Equity mutual funds saw an inflow of close to Rs 4,900 crore in January, taking the total fund infusion to about Rs 55,700 crore by 'optimistic' investors in the first 10 months of 2016-17 fiscal.
12 Feb 2017, 10.54 am | Source: PTI
Leading stock exchange BSE's mutual fund platform today processed a record 1.34 lakh orders in a single day.
10 Feb 2017, 7.10 pm | Source: PTI
There is a provision in the Income Tax Act which clearly states that if a mutual fund merges plans within their schemes then it would not be considered as a transfer and hence, no capital gains can arise.
10 Feb 2017, 1.17 pm | Source: Moneycontrol.com
Tata Equity P/E Fund announces dividend, the record date for declaration of dividend is February 13, 2017
09 Feb 2017, 4.24 pm | Source: Moneycontrol.com
Investors have pumped in nearly Rs 54,000 crore into various mutual fund schemes in January, with liquid, income and equity funds attracting the most of the inflows.
09 Feb 2017, 1.42 pm | Source: PTI
The performance of Indian stock market should be looked at not just in isolation but also in the context of how emerging markets are doing, said Anup Maheshwari, Executive Vice President of DSP BlackRock Investment.
09 Feb 2017, 10.34 am | Source: CNBC-TV18
Speaking to CNBC-TV18 he said that in the coming quarters there will be revival in the pharmaceutical sector and the pent up demand due to demonetisation is likely to play its part in the automobile space.
08 Feb 2017, 5.02 pm | Source: CNBC-TV18
Lots of people like to do what famous people do as this gives them a feeling of living a good life and this also raises confidence in their minds.
08 Feb 2017, 1.34 pm | Source: Moneycontrol.com
Speaking to CNBC-TV18, Manish Gunwani, Deputy Chief Investment Officer-Equity at ICICI Prudential Mutual Fund, said domestic cues were more responsible than global factors for the recent upmove in Indian equities.
08 Feb 2017, 9.55 am | Source: CNBC-TV18