Mutual Fund News

Invesco Mutual Fund | IIHL will be holding the investment through its wholly-owned and controlled subsidiary, IIHL AMC Holdings Limited (IIHL AMC), which has been incorporated specifically for the purposes of the proposed combination.

Mutual funds suffer Rs 4,300-crore loss in value after Infosys slumps over 4%

Infosys Ltd lowered its 2023-24 growth guidance for the second time. They now anticipate growth of 1-2.5% in constant currency terms

HDFC AMC share of equity AUM on a slow upward crawl

In the previous financial year, the asset manager’s overall market share had slumped from 12.6 percent in March 2021 to 10.8 percent in March 2022

Prashant Jain quits HDFC AMC; A look at his career, investment philosophy & life | mutual fund news

Prashant Jain, one of the world's longest serving fund managers, has hung up his boots after 31 years in the fund management business. Sumaira Abidi recounts the decisions that gave him legendary status within the industry.

CAMS Q2 earnings reaffirm unique moats of the business

For investors who missed subscribing to the IPO or did not get enough allotment, here’s a good opportunity to buy CAMS stock that is trading just 6 percent above its issue price

Nippon Life India AMC appoints Parekh Ashvin as independent director

The company also announced the launch of Nippon India Multi Asset Fund that opens on August 7, 2020 and closes August 21.

DSP BlackRock MF's Pankaj Sharma sees risk of interest rate reversal by RBI

Sharma expects the 10-year government bond to remain under pressure amid volatility.

Mutual funds offload consumer discretionary stocks on GST concerns; buy FMCG

Mutual funds have been picking up shares of FMCG such as HUL, Marico, ITC, Colgate, Dabur

Mutual Funds' asset base crosses Rs 19 lakh cr mark

The assets under management (AUM) of the MF industry, comprising 42 players, rose to an all-time high of Rs 19.26 lakh crore at the end of April from Rs 17.55 lakh crore at the end of March, as per the data from Association of Mutual Funds in India (AMFI).

MFs see Rs 30,000 cr inflow in Feb; Rs 3.98 lakh cr in 11 months

With this, total inflows have reached Rs 3.98 lakh crore in the first eleven months of the current fiscal (2016-17). In comparison, Rs 2.07 lakh crore was invested in various mutual fund products during April-February period of 2015-16.