Fixed maturity plans from 5 fund houses will be open for subscription in the coming week.

Morgan Stanley (France) S.A. held 1.67% stake in Max Financial as of June 30. Shares of Max Financial Services ended up 2.64% at Rs 615.40 ...

During 2015-16, the life insurance industry reported profit after tax at Rs 7,414.97 crore as against Rs 7,611.31 crore for 2014-15.

Sebi said it has "cancelled certificate of registration of Deutsche MF and has withdrawn approval granted to Deutsche Asset Management to a...

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

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

Mahindra Asset Management Company has received markets regulator Sebi's approval to set up mutual fund business, becoming the latest Indian...

While 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...

With the exit of Goldman Sachs, which sold its business to Reliance Capital today, there are 43 MFs in India managing a tad over Rs 13-tril...

The acquisition will add Rs 20,720 crore to Pramerica Mutual Fund’s existing assets under management (AUM) of Rs 2,125 crore.

Strong inflows into debt funds helped Indian mutual funds log a 4% rise in asset base during the first quarter of this year.

First year premium of the life insurance companies rose by a marginal 1.4 per cent year during the first two months of the current financia...

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.

L&T Finance will buy the India business of Fidelity Mutual Funds, sources told ET Now. The announcement for the same is expected shortly.

The board of trustees of Fidelity Worldwide will meet at Boston on Monday or Tuesday to take a final call on the deal.

Though Fidelity has drawn a shortlist, it is not clear whether the deal will also include the equity fund management team.

The finance ministry may allow insurance companies to tap the capital market if they complete seven years of operation against the current ...