The 19th largest mutual fund house by AAUM has also appointed Sanjay Bembalkar as fund manager- equities.

The process of availing loan against MF units involves pledging of units, opening of a current account and withdrawals out of it in the for...

The industry witnessed increase in average assets under management (AUM) to Rs 16.11 lakh crore in three months ended September 30, 2016.

Among the top five players, ICICI Prudential MF led the pack with asset base of Rs 2,15,986 crore (excluding Fund of Funds) followed by HDF...

In 2015, about 150 FMPs were launched, while this year, only two schemes have been filed so far with capital markets regulator Sebi for its...

"After the change of the government in May last year, there has been a significant change in sentiment and outlook towards India, which has...

These new facilities will help investors in buying or selling mutual fund (MF) products in a simpler and faster manner, experts said.

The mutual fund industry may witness several mergers of schemes in coming weeks after the Budget proposed an exemption from capital gains t...

Moreover, some MFs may even stop taking investments from NRIs till a clarity emerges over FATCA agreement between India and the US.

Amid liquidation of gold ETFs in the global markets, fund houses said redemption pressure will certainly rise if the price fall continues.

Betting on a rate cut, corporates and well-heeled investors have put in 53,500 cr into liquid funds in Jan and Feb - the highest two-month ...

Direct plans are likely to reduce the role of intermediaries, which has been struggling even since the ban on entry load by Sebi.

With loan demand yet to pick up, banks are parking a chunk of their surplus funds with mutual funds (MF).

In an attempt to give investors the best of both worlds, mutual fund houses have begun offering flexible asset allocation plans.

Some feel this will benefit investors, others fear MFs could lose out to more lucrative insurance business.

Sebi may remove 2.25% entry load for applications not routed via distributors.

When the Association of Mutual Funds of India (Amfi) releases the monthly numbers for assets under management (AUM) of the mutual funds (MF...