(Friday, 10 May 2013 13:40)
ICICI Securities and ICICI Lombard GI have launched a new product for MF investors, who invest through SIP route.
(Wednesday, 08 May 2013 16:32)
Mutual fund managers have reduced the duration or average maturity of holding bonds by nearly half to 4.5 from 8.25 years in the beginning of the year.
(Wednesday, 08 May 2013 08:02)
The mutual fund industry lost more than 36 lakh investors, measured in terms of individual accounts or folios, in the 2012-13 financial year.
(Tuesday, 07 May 2013 11:16)
ICICI Prudential Mutual Fund has launched a closed end income fund –ICICI Prudential Multiple Yield Fund – Series 3 – Plan C.
(Tuesday, 07 May 2013 08:20)
In the past four financial years till 2012-13, the mutual funds have
cumulatively sold shares worth a net amount of over Rs 55,000 crore.
(Sunday, 05 May 2013 08:08)
Birla Sun Life Mutual Fund had an average assets under management of around Rs 77,047 crore as of FY'13.
(Thursday, 02 May 2013 11:18)
Fluctuations in the equity market has resulted in a drop of 5% in retail mutual fund folios between September 2012 and March 2013.
(Monday, 29 April 2013 02:30)
Mutual fund investors are entitled to receive a consolidated account statement (CAS) at the end of every month.
(Saturday, 27 April 2013 14:50)
HSBC Mutual Fund has launched a new closed end income fund which is currently open for subscription and closes on May 2.
(Saturday, 20 April 2013 10:38)
The NFO will open for subscription on April 22 and will close on May 6. The minimum application amount is Rs 10k and in multiples of Re 1 thereafter.
(Thursday, 18 April 2013 23:39)
As per Accord Fintech, large-cap equity mutual fund schemes generated 6.3% gains on an average in FY13 while the mid-cap category generated 6.5%.
(Wednesday, 17 April 2013 14:07)
BNP Paribas Mutual Fund today said it has launched an open-ended debt scheme 'BNP paribas Government Securities Fund'.
(Monday, 15 April 2013 09:32)
BNP Paribas Mutual Fund today said it has launched a capital protection-oriented fund-series I, mainly aimed at catering to risk-averse investors.
(Friday, 12 April 2013 10:11)
The fund will invest 80-85% in debt instruments that will mature in line with the duration of the fund, with the balance to be invested in equities.
(Thursday, 11 April 2013 12:28)
IDFC Mutual Fund has garnered over Rs 240 crore through its new fund offer despite sluggish stock markets.