Peerless Mutual Fund is looking at doubling its AAUM to Rs 2,000 crore by the end of this fiscal from the current level of around Rs 1,065 ...

Peerless Mutual Fund has launched Peerless Midcap Fund, an open ended growth scheme. The NFO opens for subscription on November 16, 2015 an...

Peerless Funds Management Co Ltd (PFMCL) today said it has relaunched the erstwhile MF Child Plan as 3 in 1 Fund.

The move follows directive by the Sebi to mutual fund houses in February last year to increase their minimum networth to Rs 50 crore from R...

'The cash purchase facility is available immediately at select Allahabad Bank branches and will be further extended gradually across the co...

The group will convert Peerless Financial Services, its associate company, into a wholly-owned subsidiary for the lending business.

Peerless owner SK Roy said the asset management business is still in gestation period and the loss is well within the plan.

Peerless Mutual Fund has recently launched Peerless Flexible Income Fund, an open-ended dynamic bond fund.

Post the entry load ban in August 2009, the number of active fund distributors has halved to about 45,000 in the entire country

Debt funds ensure tax-free returns and lower the tax outgo when compared to other fixed income instruments like fixed deposits etc.

This is a multiple asset class product wherein the investment will be made in debt, equity and gold exchange traded funds.

The Peerless Group has shelved its plan for a foreign joint venture partner for its mutual fund venture as solo growth in the first year gi...

Debt and fixed income mutual funds usually do not figure in the portfolios of many retail investors. Sometimes, investors interpret them as...

In a rising interest rate environment, ultra short-term funds work as a better parking place for funds whereas short-term bond funds make i...

UBI might go for a hike in deposit rates in view of low growth in deposits, a top official of the bank said.

Peerless Funds Management Co, the mutual fund subsidiary of the Peerless Group, proposes to sell systematic investment plan or popularly SI...

The central bank has over the past few years imposed severe investment restrictions on the two companies, which are classified as residuary...