Icici Prudential Mf

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

ICICI Prudential halts fresh subscriptions via lumpsum mode wef March 14

ICICI Prudential MF said it is temporarily suspending fresh subscriptions in the schemes because midcap and smallcap stocks have relatively outperformed the large-caps resulting into high valuations.

Exercise caution in midcap space due to high leverage: ICICI Prudential AMC's CEO

Saying prudence and the need for a cautious approach are paramount, Shah highlighted significant areas of concern and offered valuable advice for traders, particularly those engaged in futures and options (F&O) trading.

Moneycontrol Selects: Top stories this evening

Our specially curated package of the most interesting articles to help you stay at the top of your game.

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.

HDFC MF surpasses ICICI Prudential MF to become largest AMC in India

As of December-end, HDFC MF manages assets to the tune of Rs 3.35 lakh crore, while those of ICICI Prudential MF stood at Rs 3.08 lakh crore, as per the latest data available with Association of Mutual funds in India (Amfi).

I-Sec IPO: ICICI Pru MF, Nimesh Shah settle case with SEBI

The fund house has paid Rs 89.96 lakh, while Shah remitted Rs 6.8 lakh towards settlement fees.

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.

Top 10 MFs continue to depend on promoters for ramping up AUM

Even as top 10 fund houses have ramped up their businesses by almost 40 percent in fiscal 2017, their dependence on promoter groups has also gone up, which rose to 4 percent or over Rs 57,600 crore this year.

SEBI flags concerns on instant redemption in liquid funds

The regulator feels instant redemption is akin to a bank account dispensing money on demand.

MFs file papers with Sebi for 10 new offerings in January

Equity, debt and fixed maturity plans (FMPs) are some of the themes for which the MF houses have filed the applications.

MFs get into a huddle for collective call on Tata-Mistry war

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.

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.

Equitas Holdings mops up Rs 652 cr from anchor investors

The 15 anchor investors include Franklin Templeton MF, SBI MF, HDFC Standard Life Insurance, Birla Sun Life Trustee, ICICI Prudential MF, Sundaram MF, Tata AIA Life Insurance and Reliance Life Insurance.

Mutual Funds approach Sebi with 16 NFO proposals this year

Retirement, fixed maturity plan (FMP) and equity are some of the themes that for which mutual fund houses have filed applications.

Quick Heal raises Rs 134 cr from anchor investors

Ahead of its IPO, which opens on Monday, software provider Quick Heal Technologies has raised Rs 133.9 crore through issue of shares to 10 anchor investors, including BNP Paribas Advantage and Reliance MF.

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).

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.

Bullish on banking space with 2-3 yr horizon: ICICI Pru

Yogesh Bhatt of ICICI Prudential MF is also bullish on technology space and recommends investing in this space now.

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.

Mutual funds line up 34 NFOs led by positive market rally

Some of these NFOs have already been launched after getting regulatory clearances. ICICI Prudential MF, Reliance MF, SBI MF, UTI MF and HDFC MF are among the fund houses that are offering NFOs to investors. A large number of these schemes are aimed at investment in equity and equity-related securities.

Sebi mulls fresh checks on mis-selling of mutual funds

Regulator Sebi is considering fresh checks against mis-selling of mutual funds and flouting of 'open bank infrastructure' norms for sale of these financial products, while it looks at ways to boost the market penetration through use of mobiles and internet.

Suzuki deal over Guj plant beneficial for MSIL: Bhargava

Suzuki last month decided to take over Maruti's proposed plant in Gujarat and invest in the unit through wholly-owned unit Suzuki Motor Gujarat Pvt Ltd.

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).

CPI dampener for bonds; IIP problem for RBI: ICICI Pru MF

Rahul Goswami, Head - Fixed Income, ICICI Prudential MF told CNBC-TV18 that CPI inflation and IIP coming in negative zone makes the situation far more challenging and difficult or complex for the RBI.