01/09/2010 12:47 PM |
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The three funds rae: Bharti AXA Equity Fund, Bharti AXA Focused Infrastructure Fund and Bharti AXA Tax Advantage Fund.Bharti AXA removes exit load in its equity schemesBharti AXA removes exit load in its equity schemes
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29/08/2010 01:25 PM |
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Sahara Mutual Fund has declared the third dividend of Rs 4 each per unit under Sahara Banking & Financial Services Fund in the last 14 months.Sahara MF declares Rs 4 dividend for its BFSI fundSahara MF declares Rs 4 dividend for its BFSI fund
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25/08/2010 10:31 AM |
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Reliance Mutual Fund, part of Anil Ambani's Reliance Capital, today announced the launch of new fund offer (NFO) for Small Cap Fund, which will invest in small cap companies.Reliance Mutual Fund NFO for Small Cap cos opens tomorrowReliance Mutual Fund NFO for Small Cap cos opens tomorrow
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23/08/2010 12:46 PM |
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Reliance Life Insurance today said it has crossed Rs 15,000 crore mark in its assets under management and targets to double them by fiscal end.Reliance Life AUM crosses Rs 15,000 crReliance Life AUM crosses Rs 15,000 cr
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19/08/2010 10:04 PM |
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Mutual fund officials said that this concern was misplaced, as schemes? average exposure to futures and options has not exceeded 10% of their corpus in the past. This claim could not be independently verified.SEBI ban on MFs' options play upsets AMCs, brokersSEBI ban on MFs' options play upsets AMCs, brokers
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18/08/2010 10:03 PM |
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With loan demand turning slack after a brief spike in June, banks have again started parking funds in mutual funds.Banks park funds with mutual funds againBanks park funds with mutual funds again
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18/08/2010 08:49 PM |
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Sebi has curbed the use of equity derivatives by mutual funds, including barring them from selling options contracts.SEBI bars use of equity derivatives by mutual fundsSEBI bars use of equity derivatives by mutual funds
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18/08/2010 02:33 PM |
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Market regulator SEBI asked mutual funds to disclose investments in equity derivatives and said the combined exposure in equity, debt and derivatives should not exceed the net asset of a scheme.SEBI asks MFs to disclose equity derivative exposureSEBI asks MFs to disclose equity derivative exposure
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17/08/2010 11:34 AM |
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Pramerica Asset Managers Private Limited, the Indian asset management venture of US based Prudential Financial Inc (PFI), announced its first product for the Indian market, the Pramerica Liquid Fund.Pramerica Asset Managers launches first product in countryPramerica Asset Managers launches first product in country
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16/08/2010 12:12 AM |
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Why equity MF perform better than broader market indicesWhy equity MF perform better than broader market indices
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15/08/2010 04:18 AM |
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The mutual fund space is set for a major overhaul with companies looking to weed out non-serious agents.Stringent norms in pipeline to weed out erring MF agentsStringent norms in pipeline to weed out erring MF agents
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11/08/2010 08:48 PM |
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Mutual fund distributors are questioning the rationale behind industry body Association of Mutual Funds in India?s (Amfi) decision to hike ARN ? Amfi registration number ? registration and renewal fees 10-fold.MF distributors upset over Amfi?s fee hike planMF distributors upset over Amfi?s fee hike plan
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11/08/2010 01:05 PM |
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The new service provides an avenue for subscription and redemption of mutual fund units through the BSE Star platform in demat mode.SHCIL set to serve MF investors through SE platformSHCIL set to serve MF investors through SE platform
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10/08/2010 04:29 PM |
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Kotak Mahindra said it will collaborate with Canadian entity Manulife Asset Management on fund management activities and related distribution opportunities in Asia.Manulife, Kotak enter distribution pact for fund mgmt bizManulife, Kotak enter distribution pact for fund mgmt biz
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10/08/2010 11:06 AM |
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SBI Mutual Fund today said it has declared a dividend of 35 per cent for its Magnum Sector Funds Umbrella-Contra Fund.SBI MF's 35 pc div on its Magnum Funds Umbrella: Contra FundSBI MF's 35 pc div on its Magnum Funds Umbrella: Contra Fund
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