(Thursday, 02 February 2012 17:35)
IDBI Mutual Fund said its Dynamic Bond Fund will attempt to encash the short-term interest rate volatility, offering retail investors optimised return
(Wednesday, 01 February 2012 10:02)
Asset management company IDBI Mutual Fund has proposed to introduce more equity products in the coming months, a senior official said today.
(Monday, 30 January 2012 10:15)
The scheme offers to generate income while maintaining liquidity on a minimum investment of Rs 5,000.
(Monday, 30 January 2012 07:53)
Fidelity started operations in India in 2004. It is seeking a valuation of Rs. 1000 crore for its asset management arm.
(Tuesday, 24 January 2012 23:57)
Franklin Templeton Mutual Fund brings forth the opportunity to buy into some of these globally competitive high-quality companies through Franklin Templeton India Feeder Fund.
(Monday, 23 January 2012 23:39)
Morgan Stanley Multi Asset Fund, an open ended debt fund, will invest in debt, equity and gold. The fund has two plans, Plan A and Plan B, with each having separate portfolios.
(Friday, 20 January 2012 11:33)
The primary objective of the scheme is to seek to provide long-term capital appreciation from a portfolio that is invested predominantly in equities.
(Friday, 20 January 2012 05:35)
Independent financial advisors and product distributors - who sell mutual funds and insurance schemes to individual investors - expect growth in volumes.
(Tuesday, 17 January 2012 16:37)
The new fund offer (NFO), FT India Feeder, will close for subscription on January 31, the private mutual fund house said.
(Monday, 16 January 2012 19:11)
Net inflows in gilt funds turned positive at 458 crore in Dec after a year, according to monthly data released by Association of Mutual Funds of India.
(Sunday, 15 January 2012 13:17)
The NFO will open for subscription on January 17 and close on January 31. The minimum subscription amount to the scheme is Rs 5,000.
(Thursday, 12 January 2012 16:52)
This was the second consecutive year of decline in assets with the industry having logged a 6% (YoY) decline as of December 2010.
(Tuesday, 10 January 2012 13:36)
Several others are also waiting for the right time to come out with their batch of gold funds and gold feeder funds, sources said.
(Thursday, 05 January 2012 00:05)
The move comes as a relief to UTI, which was barred by the regulator from launching any fresh scheme in August 2011, till it gets a new chief.
(Wednesday, 04 January 2012 11:04)
Mutual fund industry took a hit of more than Rs 16,000 crore on its asset size during 2011, even as HDFC MF grew in size and consolidated its top position.