LIC Mutual Fund completes merger of IDBI Mutual Fund schemesWith the completion of the merger, out of 20 schemes of IDBI MF, 10 will be merged with similar schemes of LIC MF and the remaining 10 will...
Competition Commission clears LIC Mutual Fund-IDBI Mutual Fund dealDeals beyond a certain value require approval from the regulator, as it keeps a tab on unfair business practices in the market place.
IDBI Bank signs pact to transfer mutual fund schemes to LIC MF"In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby advise that on December 29, 2022, a Scheme Transfer Agreement (S...
Merger between LIC Mutual Fund and IDBI MF in advanced stage, says LIC Mutual Fund MDAccording to reports, there were two attempts to sell IDBI Mutual Fund that could not be successful, and it resulted in the merger with a c...
LIC Mutual Fund plans to absorb IDBI Mutual FundLife Insurance Corp of India (LIC), the promoter of LIC MF, took a controlling stake in IDBI Bank in 2019.
RBI nixes Muthoot Finance's plan to acquire IDBI Mutual FundMuthoot Finance had proposed to purchase 100 equity shares of IDBI AMC and IDBI MF Trustee Company held by the sellers for a total consider...
IDBI Bank looks to sell MF arm to EdelweissThe total asset under management (AUM) of IDBI Mutual Fund declined to Rs 5,381 crore as on September 30, 2019.
IDBI Mutual Fund launches 'IDBI Diversified Equity Fund'IDBI Mutual Fund has launched a 'IDBI Diversified Equity Fund', a scheme which is an open ended diversified equity scheme, a company releas...
Jammu and Kashmir Bank signs MoU with IDBI for MF distributionJammu and Kashmir Bank has signed a memorandum of understanding with IDBI bank for distribution of IDBI mutual fund schemes.
IDBI Mutual Funds garners over Rs 120 crore from 'Gilt Fund'IDBI MF has an average assets under management of around Rs 5,412 crore by the end of Sept quarter.
- IDBI Mutual Fund mops up Rs 94 crore from first gold fund-of-fund scheme
IDBI Mutual Fund has garnered around Rs 94 cr from its first gold fund of fund scheme so far with good response from retail investors.
- IDBI Mutual Fund launches gold fund
AMC IDBI Mutual Fund today launched a gold fund targeted mainly at retail investors and people without demat accounts.
- IDBI Mutual Fund to launch 3-4 new products this fiscal
IDBI Mutual Fund is planning to come up with three to four new products in both debt and equity space in the current financial year.
- Asset management company IDBI Mutual Fund proposes to introduce more equity products
Asset management company IDBI Mutual Fund has proposed to introduce more equity products in the coming months, a senior official said today.
- IDBI Mutual Fund proposes to launch long term debt products under the Gold Exchange Traded Fund
IDBI Mutual Fund, a subsidiary of IDBI Bank proposes to launch long term debt products under the Gold Exchange Traded Fund.
- IDBI Mutual Fund launches gold ETF
IDBI Mutual Fund, a wholly-owned subsidiary of IDBI Bank, said it has launched an open-ended gold exchange traded fund for retail investors.
- IDBI Mutual to focus on rural and semi-urban areas
IDBI Mutual, the asset management arm of public sector bank IDBI, is looking to increase its customer base by 5 per cent by focusing on rur...