Fund houses woo clients with a free term coverInvestors gain as they get an additional term cover with no cost to them.
21 Dec, 2018, 10.35 AM IST
IEX revises anchor investor allocation for ongoing IPOThe list of anchor investors included ICICI Prudential MF Birla Sunlife MF, Birla Sunlife Trustee Company and SBI Mutal Fund (MF).
11 Oct, 2017, 09.26 AM IST
Indian Energy Exchange raises Rs 300 crore from anchor investorsIt would allot 18,19,501 equity shares to 23 anchor investors at a price of Rs 1,650 per share.
07 Oct, 2017, 03.05 PM IST
Investors' complaints against MFs up 40 per cent in FY'17Industry experts believe that large number of complaints were received due to increase in folio base or investor accounts.
02 Jun, 2017, 09.52 AM IST
Sebi asks MFs to explain promoter group exposure to AUMsThe asset under management (AUM) of top 10 fund houses rose by 40 per cent in 11 months period till February 2017 of the last fiscal.
17 Apr, 2017, 10.06 AM IST
MF industry's asset base surges 21% to Rs 13.4 lakh crore in 2015Market experts said the yearly rise in AUM is largely on account of huge inflow in equity and equity-oriented schemes.
03 Jan, 2016, 02.42 PM IST
Reliance MF eyes more acquisitions after Goldman Sachs buyWhile a number of foreign players have exited the market in recent years, there would be still be 43 fund houses present in the country aft...
22 Oct, 2015, 06.01 PM IST
Investor complaints against Mutual funds drop by 30% in FY15Among the top 10 fund houses, DSP BlackRock saw the biggest drop in investor grievances, with complaints plunging by 86 per cent to 105 in ...
03 Jun, 2015, 03.15 PM IST
HDFC MF remains most profitable fund house; Reliance MF on second spotHDFC MF posted a PAT of Rs 416 crore for the full year ended March 31, 2015, while Reliance MF registered a PAT of Rs 357 crore during the ...
01 Jun, 2015, 03.26 PM IST
Birla Sun Life Mutual Fund begins process of merging ING Mutual Fund schemesBirla Sun Life Mutual Fund has begun the process of merging all the schemes of the target entity with its own portfolios.
08 Sep, 2014, 02.50 PM IST
Longer-term view on market more positive than that in last 2 years: Mahesh Patil, Birla Sunlife MF"It is more about comfort or confidence that you would see a stable government, which could revive the whole economy and the longer-term vi...
23 Apr, 2014, 01.41 PM IST
Investor complaints dip at top MFs; Reliance sees biggest fallThe number of investor complaints has come down drastically at the country's top mutual funds, with Reliance MF leading the charts.
06 Jun, 2013, 02.47 PM IST
- Mutual Fund industry sees 4.12% rise in Q1 AUMs
The mutual fund industry posted a 4.12 per cent rise in its average asset under management (AUM) to Rs 6,92,180.48 crore.
03 Jul, 2012, 10.44 PM IST
- Mutual funds lose Rs 36,000 crore worth assets in FY12
The mutual fund industry saw its total asset base shrink by about five per cent or Rs 36,000 crore in the just-ended fiscal year 2011-12.
03 Apr, 2012, 02.42 PM IST
- Mutual funds lose Rs 16,000 crore in 2011; HDFC MF remains on top
Mutual fund industry took a hit of more than Rs 16,000 crore on its asset size during 2011, even as HDFC MF grew in size and consolidated i...
04 Jan, 2012, 04.39 PM IST
- KVB inks pact with UTI for MF products
Tamil Nadu-based private sector Karur Vysya Bank (KVB) today entered into a memorandum of understanding (MoU) with Unit Trust of India for ...
07 Jun, 2010, 11.16 PM IST
- Fund houses hit Profit Street big time
Leading asset management companies (AMCs) reported strong growth numbers for FY10, despite unfavourable changes in regulations that conside...
13 May, 2010, 12.57 AM IST