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Based on early indications, the anchor portion is likely to see interest of over Rs 21,000 crore at the upper end of the price band. The anchor book opens October 3 and IPO from October 6

100% up and accumulating: What makes HDFC MF so bullish on Sudarshan Chemical stock

One of India’s finest fund managers is accumulating a stock that is up 100 percent in 15 months and trading near its peak.

GQG, Fidelity, HDFC MF, Quant MF to invest in Vodafone Idea’s Rs 18,000 cr FPO

The Vodafone Idea FPO will open for subscription on April 18 and close on April 22. The company has fixed a price band of Rs 10-11 per share for the FPO

HDFC MF pares 2.12% stake in Garden Reach Shipbuilders and Engineers

The MF, informing the bourses, said it held a 7.4 percent stake in GRSE as on February 28, and this has come down to 5.28 percent as on August 17.

HDFC Mutual Fund sends notice to investors about change of sponsor. What should you do?

A change of sponsor of a fund house is considered a fundamental attribute. As per mutual fund regulations, investors must be given an exit option. HDFC MF’s exit option period ends on June 23.

HDFC Mutual Fund launches MNC-themed fund. Should you invest?

Experts said seasoned investors with expert knowledge over exit and entry timing can look at investing in new fund offerings.

Exclusive: HDFC MF finalises money managers to handle Prashant Jain's funds

HDFC Mutual Fund gives the responsibility of Prashant Jain’s 3 schemes to recent hires

Mutual Funds industry assets base rise 12% to Rs 27.6 lakh crore in September quarter

With an asset base of Rs 4,21,364 crore, SBI Mutual Fund continue to be the largest fund house in the country during the September quarter 2020.

Mutual funds wrap: HDFC AMC buyout of Essel debt — Appeasing corporate investors and debt issuers?

Most investors in close-ended debt schemes are corporate treasuries and institutions; retail investors have a negligible presence in closed debt schemes.

What changed for the market while you were sleeping? 15 things you should know

A look at top cues from the domestic and international markets that could have a bearing on D-Street today.

Investors' complaints against MFs up 40% to 17,569 in FY'17

These complaints pertain to data corrections in investor details and non-updation of changes about address, PAN (Permanent Account Number) details and nomination, among others.

People taking education services space seriously now: CL Educate

CL Educate is coming out with an initial public offering (IPO). In an interview to CNBC-TV18, Satya Narayanan R, Chairman & Executive Director of CL Educate says education services is a space that is gaining traction and is here to stay.

Sheela Foam raises Rs 153 cr via anchor book at Rs 730/share

Sheela Foam, the maker of Sleepwell brand of mattresses, has received Rs 153 crore through anchor investors' portion on Monday.

Rel MF AUM crosses Rs 2l cr, expects gains from demonetisation

Reliance Mutual Fund, a part of Reliance Capital, has crossed Rs 2 lakh crore in assets under management and expects big gains from demonetisation.

Mutual funds approach SEBI with 64 new schemes this fiscal

With mutual funds gaining traction among retail investors, asset management companies have filed draft offer documents with market regulator Sebi for as many as 64 new schemes, so far, this fiscal.

Quess Corp mops up Rs 180 cr from anchor investors

Ahead of its initial public offer, staffing firm Quess Corp today raised Rs 180 crore from anchor investors, including Kuwait Investment Authority.

Mahindra AMC gets Sebi nod for mutual fund business

Mahindra AMC, a wholly-owned subsidiary of Mahindra & Mahindra Financial Services (MMFS), got the regulator's nod on February 4.

MF industry's asset base surges 21% to Rs 13.4 lakh cr in 2015

The country's 44 fund houses together had an average assets under management (AUM) of Rs 11.06 lakh crore at the end of December 2014, compared to Rs 13.39 lakh crore registered in December-end last year, as per latest data available with Association of Mutual Funds in India (AMFI).

Axis Mutual Fund AUM jumps 35% so far in FY16

Axis MF officials said increase in fund value and net fresh inflows had resulted in such healthy growth in AUM.

Reliance MF eyes more acquisitions after Goldman Sachs buy

While a number of foreign players have exited the market in recent years, there would be still be 43 fund houses present in the country after Goldman Sachs' exit.

Navkar Corp IPO over-subscribed

The IPO received bids for 7.85 crore shares as compared to 2.86 crore equity scrips on offer, translating into a subscription of 2.75 times, according to data available with the National Stock Exchange (NSE) till 1600 hours. The bidding for the IPO, which started on August 24, would conclude on Wednesday.

Navkar Corporation to get Rs 180 cr from anchor investors

The public issue has opened for subscription today, which comprises a fresh issue aggregating up to Rs 510 crore and an offer for sale aggregating up to Rs 90 crore by Siddhartha Corporation Private Limited, a member of the promoter group.

Power Mech IPO opens, to get Rs 82 cr via anchor portion

Power Mech will receive Rs 81.96 crore from anchor investors like DSP Blackrock India Tiger Fund, SBI MF, L&T MF, Morgan Stanley Mauritius, HDFC MF, Tata AIA Life Insurance and IDFC MF. It has finalised allocation of 12,80,700 equity shares in aggregate, to anchor investors at allocation price of Rs 640 per share.

HDFC MF remains most profitable fund house; Reliance MF 2nd

HDFC Mutual Fund has retained its position as the most profitable fund house in 2014-15, with a profit after tax (PAT) of Rs 416 crore, while rival Reliance MF remains at the second place.

Mutual funds near Rs 12lk cr mark in FY15; add Rs 3lk cr

Fund houses are upbeat about the industry's performance for the current fiscal (2015-16) as equity markets are expected to continue their momentum, making the segment attractive, industry insiders said.