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  • HDFC Asset Management Company appoints Navneet Munot as MD & CEO

    MC Insider had said on November 9 that Navneet Munot, who is currently the Chief Investment Officer at SBI mutual fund company where he has worked for 12 years, was likely to be appointed the MD & CEO of HDFC Asset Management Company

  • Star fund manager Prashant Jain's ESOPs worth Rs 168 cr after HDFC AMC's bumper listing

    The stake of HDFC AMC MD Milind Barve is worth Rs 212.35 crore.

  • MFs say lower deficit target will bring down cost of funds

    "The Budget signals a commitment to macroeconomic stability. This will also open up space for monetary easing in the near future which is positive for the market. Various measures for resolution of tax disputes will pave way for lower outstanding tax litigation," HDFC Asset Management Company MD Milind Barve said.

  • MFs may disclose individual agent commission in a/c statements

    The AMFI (Association of Mutual Funds in India) plans to take up the issue of "disclosing distributors commission in Statement of Accounts" in its board meeting this week.

  • Payments banks may ring in better days for insurers, MFs

    "For any new network like payments banks, there will be an opportunity for us to grow our business and there could be some online sale opportunities through payments banks," SBI Life MD and Chief Executive Arijit Basu told PTI.

  • Equity to give better returns than other classes: HDFC AMC

    Milind Barve further says that systematic investment plan (SIP) is getting popular among investors and the number has doubled since January this year

  • HDFC MF set to launch 'HDFC Debt Fund for Cancer Cure 2014'

    Country's largest fund house HDFC Mutual Fund is planning to launch its second series named 'HDFC Debt Fund for Cancer Cure, 2014' which is a close-ended debt fund with lock-in period of three years.

  • High Oct redemption not worrying, says HDFC MF's Barve

    HDFC Mutual Fund CEO Milind Barve says, something that has worried most market watchers is the lack of retail participation, as evident from the continuous mutual fund outflows.

  • 'Higher fixed income returns is weighing on equity funds'

    HDFC Asset Management Company was the mutual fund house of the year at CNBC-TV18-CRISIL Mutual Fund Awards 2012.

  • Banks pulling out of liquid funds no worry: HDFC MF's Barve

    The mutual fund fraternity has witnessed a clear disappointment in the Reserve Bank of India’s credit policy announced Tuesday. The RBI restricted bank investment in the liquidity plans of mutual funds to 10% of their net worth. Milind Barve, the managing director of HDFC AMC shares the repercussions of RBI’s latest move.

  • Allowing FIIs in MFs a significant move: HDFC AMC

    Yesterday, the Finance Minister in Union Budget 2011-12 allowed know your customer (KYC)-compliant foreign investors to invest directly in equity schemes of SEBI registered mutual funds. Milind Barve, Managing Director, HDFC AMC says, it is a very significant and positive move.

  • Macro picture in India remains intact: HDFC AMC

    Milind Barve, Managing Director, HDFC Asset Management said the Cancer Cure Fund was a capital protection oriented fund and the fund house would not be charging any asset management fee for the cancer cure fund.

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