Sebi said it had initiated enquiry proceedings against fund house by issuing show-cause notice.

Sebi has settled proceedings against JP Morgan Mutual Fund and two related entities after they paid a total of Rs 2.75 crore.

Avenue Supermarts sold 1.8 crore shares at Rs. 299 per share, the upper-end of the Rs. 295-299 price band.

The acquisition is inclusive of JP Morgan Asset Management's India-based onshore mutual fund business and the international fund of funds.

Under the deal, Edelweiss would acquire all onshore fund schemes managed by JP Morgan in India including its country-based onshore MF biz a...

Edelweiss said it is committed to absorbing majority of employees of JP Morgan ensuring business continuity as well as a platform for enhan...

Franklin sold the JSPL bonds at a 25% loss in the wake of the ratings cut, said people familiar with the development.

In its note to MF distributors, the AMC claimed that it has not given any preferential treatment to any set of investors before imposing so...

The decline in NAVs was triggered after a rating agency withdrew its rating on these debt instruments, after rating them quite high earlier.

Two JP Morgan Mutual Fund's debt schemes — Short Term Income Fund's and India Treasury Fund — had to take a hit on their portfolios.

The draft documents filed by fund houses with capital markets regulator Sebi for launching New Fund Offers (NFOs) have gone as high as 130 ...

Sources said JP Morgan has begun discussions for a possible sale of its Indian mutual fund arm, although the fund house officially declined...

Moreover, economic recovery, resurgence of the business cycle and e-commerce are other themes that are attracting mutual fund houses.

The offer price will be Rs 10 per unit, as per the scheme information documents filed with the Securities and Exchange Board of India.

JP Morgan Asset Management India launched a new scheme 'JP Morgan India Top 100 Fund', which is an open-ended equity growth scheme.

It appears that mutual fund companies are not particularly keen to take a firm stand against shady corporate agenda, according to a study b...

Andhra Pradesh Expressway, special purpose vehicle of IL&FS Transportation Networks, today said it raised Rs 530 crore from sale of bonds, ...