The clarification comes following a report suggesting that Reliance Capital has pledged 22 per cent of its stake in RNAM.

The acquisition, announced in Dec 2018, has received all required approvals from Sebi.

The deal was first announced last December as DHFL's troubles got harder, and has now received necessary approvals including that from capi...

The total asset base of the industry was Rs 23.04 lakh crore in the same period a year ago.

DHFL Pramerica Mutual Fund is merging four of its schemes and also certain plans under various debt schemes.

DHFL Pramerica Medium Term Fund had invested 37 per cent of its portfolio in its parent company DHFL’s papers.

The DHFL scrip has lost one-fifth of its market value on stock exchanges in past three days.

Most of these debt mutual fund schemes wrote off 75 per cent of their holdings in DHFL paper.

Debt funds are being hit by a double whammy.

The RBI cut repo rate by 25 basis points to 6.25 per cent. It also changed its monetary stance to neutral from calibrated tightening.

The fund will be managed by Alok Agarwal.

Taurus MF has filed winding up petition against Avantha Holdings at NCLT, New Delhi.

MF companies found no buyers for the bonds even if they were trading at 18-19% discount.

The AUM reached Rs 17.4 trillion in January, expanding 36.4 per cent from Rs 12.7 trillion a year ago, according to data from the AMFI.

The company has already more than doubled the number of its products, branches and distributors since it acquired Deutsche Bank's mutual fu...

Sebi said it has "cancelled certificate of registration of Deutsche MF and has withdrawn approval granted to Deutsche Asset Management to a...

To tap the growing demand from retail investors, mutual fund houses have filed draft papers with market regulator Sebi to launch 16 New Fun...