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    • MF assets rise by Rs 85,000 cr to Rs 8.78 lakh cr in 2013

      The country's 44 fund houses together had an average AUM (Asset Under Management) of Rs 7,93,331 crore at the end of 2012, which increased to Rs 8,77,973 crore in 2013, as per latest data vailable with industry body AMFI (Association of Mutual Funds in India).

    • Value buying emerging; IT, pharma good bet: Daiwa MF

      David Pezarkar of Daiwa Mutual Fund says that some value buying can be seen at the current level. With the weakening rupee IT stocks look attractive as an investment option. He also says that some Blue chip companies are showing are showing good value at this level.

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