| AMCs plan to appoint foot soldiers to reach beyond the top 15 cities |
| 09:21 Apr 25,2013 |
| Fund houses are looking at alternate models like business development associates and are leveraging their existing network distribution network to penetrate in rural towns. |
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| Gold prices have plummeted 20 percent. What should advisors tell their clients? |
| 05:48 Apr 16,2013 |
| Fund managers say that there is nothing wrong with gold fundamentallyand the fall in gold prices is due to technical reasons. They advise investors to take this opportunity to invest in gold in a staggered manner. |
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| SREI floats secured redeemable NCDs issue |
| 01:04 Apr 12,2013 |
| SREI Infrastructure Finance Non-Convertible Debentures (NCD) is offering effective yields of 10.75 percent and 11 percent per annum for three years and five years maturity periods respectively. |
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| HDFC retains its top position in assets during Jan – March 2013 |
| 09:27 Apr 03,2013 |
| Industry’s assets inch up 1% from Rs 7.86 lakh crore in December 2012 to Rs 7.94 lakh crore in March. |
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| HDFC MF mops up highest collection in RGESS so far |
| 09:16 Mar 24,2013 |
| HDFC Mutual Fund has collected approximately Rs 108 crore with over 12000 applications. |
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| AMCs report robust collection through RGESS |
| 09:21 Mar 11,2013 |
| DSP Black Rock and UTI Mutual Fund report decent collections. |
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| AMCs optimistic of getting decent inflows in their RGESS NFOs |
| 09:38 Mar 04,2013 |
| Identifying potential RGESS customers remains a big challenge. |
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| RGESS is a 75,000 crore market: Sundeep Sikka |
| 08:28 Feb 20,2013 |
| HDFC & Reliance too launch RGESS |
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| Morgan Stanley launches Gilt Fund |
| 11:57 Feb 14,2013 |
| Expectation of softening interest rate regime is fuelling interest in the gilt funds category. |
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| IDBI AMC unveils Rajiv Gandhi Equity Savings Scheme |
| 03:57 Feb 12,2013 |
| The new fund offer opened for subscription on February 9, 2013 and closes on March 9, 2013. |
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| FM promises to make RGESS more attractive in the forthcoming budget |
| 11:56 Feb 11,2013 |
| Finance Minister P Chidambaram urges regulators to introduce single KYC across all intermediaries and promises to tweak RGESS in upcoming budget to attract retail investors. |
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| IDBI MF gets SEBI nod for its RGESS |
| 12:22 Feb 04,2013 |
| Fund houses are planning to market their RGESS through depository participants. |
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| AMCs line up gilt funds ahead of rate cut expectations from RBI |
| 11:54 Jan 24,2013 |
| The assets under management in gilt funds almost doubled from Rs 3442 crore in April 2012 to Rs 6500 crore in December 2012. |
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| Investors cash out of equity funds as markets zoom up |
| 11:23 Jan 10,2013 |
| Investors pull out Rs 10816 crore from equity funds from April to December, shows the latest AMFI data. |
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| Fund houses line up offer documents for Rajiv Gandhi Equity Scheme |
| 09:52 Jan 05,2013 |
| After DSP BlackRock, IDBI and SBI have also filed offer documents with SEBI for RGESS. |
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| HDFC AMC crosses Rs 1 lakh crore asset mark again |
| 09:32 Jan 02,2013 |
| ICICI Pru registers the highest asset growth; Reliance, Birla Sun Life and J P Morgan too add sizeable assets in October – December quarter, shows the latest AMFI data. |
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| IDBI Gilt Fund NFO garners Rs 120 crore |
| 10:40 Dec 27,2012 |
| The scheme will be managed by Gautam Kaul who has 11 years of experience in debt market. |
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| IDBI launches IDBI Gilt Fund |
| 11:07 Dec 04,2012 |
| The new fund offer opens for subscription on December 5th and closes on December 17th |
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| Mid-sized AMCs cut losses in FY12 |
| 08:42 Nov 29,2012 |
| Seven mid-sized fund houses managed to cut their losses to the tune of Rs 39 crore in FY12 despite bad market conditions. |
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| Siddhartha Singh appointed as the CEO of PineBridge Investments AMC |
| 01:00 Nov 22,2012 |
| He has replaced Sunil Mehta who will continue to be the Country Head of AIG in India. |
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| ‘Passive’ managers line up active funds |
| 05:21 Nov 14,2012 |
| While Goldman Sachs and IDBI have launched their actively managed products, Motilal Oswal too has filed its first offer document for an actively managed equity fund. |
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| Birla, ICICI Pru and Reliance join the race to launch Infrastructure Debt Funds (IDFs) |
| 03:52 Nov 14,2012 |
| Fund houses rush to launch Infrastructure Debt Funds. |
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| AMCs partner with PSU or Co-operative banks to reach smaller towns |
| 09:25 Sep 18,2012 |
| PSU banks with their deep reach across the country help AMCs access relatively untapped markets that are seen as holding huge potential for the MF industry |
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| Equity funds see Rs 2096 crore net outflow in August |
| 10:52 Sep 12,2012 |
| Equity funds see consecutive net outflow for the third time since June |
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| MFs welcome move to allow cash transactions |
| 09:38 Aug 24,2012 |
| R&Ts and AMCs are looking to tighten their processes and control systems to eliminate frauds while dealing with cash |
|
| IDBI Mutual Fund ties up with Syndicate Bank |
| 12:31 Aug 23,2012 |
| - |
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| IDBI Mutual Fund introduces IDBI GOLD FUND |
| 12:21 Jul 25,2012 |
| - |
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| IDBI MF unveils IDBI Gold Fund |
| 10:40 Jul 25,2012 |
| The NFO opens on 25 July and closes on 8th August |
|
| Rush of Infrastructure Debt Funds by MFs |
| 06:21 Jul 16,2012 |
| After SBI, Reliance MF files offer document to launch its Reliance Infrastructure Debt Fund. |
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| AMCs paid Rs 169 crore commission to their affiliates |
| 10:59 Jul 14,2012 |
| Affiliates continue to be top distributors for many AMCs |
|
| RBI allows QFIs to invest in Infrastructure funds, slashes lock-in period to one year |
| 10:47 Jun 27,2012 |
| The central bank has also raised FII investment in government securities with immediate effect by $5 billion to $20 billion. |
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| Will AMCs be able to attract investors through infrastructure debt funds? |
| 04:19 Jun 26,2012 |
| Fund houses have filed offer documents with SEBI for launching infrastructure debt funds, but experts feel their success will depend on liquidity. |
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| IDBI Mutual Fund files offer document for IDBI Balanced Fund |
| 02:56 May 25,2012 |
| IDBI Mutual Fund has filed an offer document with SEBI to launch IDBI Balanced Fund, an open ended balanced scheme. |
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| IDBI MF introduces Fixed Maturity Plan - Series II - 366 Days (May 2012) - I |
| 05:18 May 18,2012 |
| - |
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| Fear grips the market again; what should you tell your investors? |
| 05:39 May 17,2012 |
| Concerns over a possible Greek exit from the euro-zone and a lacklustre Indian economy have given Indian markets a double whammy... |
|
| IDBI unveils its first actively managed equity fund |
| 06:01 Apr 24,2012 |
| AMC plans to expand fund management team to introduce more actively-managed products. |
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| IDBI Mutual Fund files offer document for IDBI Gilt Fund |
| 02:47 Apr 24,2012 |
| This offering is an open-ended dedicated gilt scheme, which seeks to invest in a diversified basket of government securities. |
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| IDBI Mutual Fund files offer document for IDBI Gilt Fund |
| 02:43 Apr 17,2012 |
| This offering is an open-ended dedicated gilt scheme, which seeks to invest in a diversified basket of government securities. |
|
| These seven AMCs scored big in FY12 |
| 02:24 Apr 15,2012 |
| Surprisingly, five out of the seven AMCs which recorded the largest positive AUM growth were mid-sized fund houses. |
|
| IDBI MF declares dividend under IDBI Monthly Income Plan |
| 06:02 Apr 13,2012 |
| - |
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| IDFC, Deutsche and HDFC buck the trend in FY12, record highest gain in AUM |
| 07:36 Apr 12,2012 |
| 19 AMCs add Rs. 23,480 crore in assets, despite a falling market and increased redemptions |
|
| Budget expectations from MF officials |
| 03:28 Mar 14,2012 |
| Arindam Ghosh, CEO, Mirae Asset Global Investments says that the budget should grant equity status to international funds with over 65% exposure outside India. This according to him will be a definitive step to persuade Indian investors to take exposure to other financial markets through the mutual fund route. |
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| IDBI AMC unveils an all-season IDBI Dynamic Bond Fund |
| 06:06 Jan 30,2012 |
| The fund is meant to be an all-season fund, seeking to optimize returns from interest rate movements. |
|
| IDFC Tax saving bonds – Tranche 2 opens for subscription on January 11, 2012 |
| 11:34 Jan 10,2012 |
| IFAs can advise “IDFC Long-term Infrastructure Bonds – Tranche 2” to their clients who are looking to generate secured income with added tax benefits. |
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| IDBI plans to launch IDBI India Top 100 Equity Fund |
| 05:45 Dec 19,2011 |
| IDBI Mutual Fund has filed an offer document with SEBI to launch open-ended IDBI India Top 100 Equity Fund |
|
| IDBI plans to launch gold fund |
| 05:40 Dec 19,2011 |
| IDBI Mutual Fund has filed an offer document with SEBI to launch its open-ended IDBI Gold Fund |
|
| RBI hits ‘pause’ on rate hike and hints at reversal in policy action |
| 05:41 Dec 16,2011 |
| Accepting that the domestic economy growth is clearly decelerating, the central bank has said from this point on, monetary policy actions are likely to reverse the cycle, responding to the risks to growth |
|
| MF industry records 91% drop in net inflows in November 2011 |
| 03:04 Dec 10,2011 |
| The industry witnessed Rs. 37,514 crore dip in net inflows in November |
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| L&T Tax saving bonds opens for subscription on 25 November |
| 05:34 Nov 24,2011 |
| IFAs can recommend “L&T Long Term Infrastructure Bonds - Tranche I” to those clients who are looking to create secured income with added tax benefits |
|
| IDFC Tax saving bonds is now open for subscription |
| 09:30 Nov 23,2011 |
| IFAs can recommend “IDFC Long-term Infrastructure Bonds - Tranche I” to their clients who are looking to generate steady income with added tax benefits |
|
| Banks getting active in the AMC space |
| 09:20 Nov 23,2011 |
| Banks are gearing up to enter the market and utilize their banking channel for distribution |
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| RBI hikes rate by 25 bps and deregulates savings bank deposit rate |
| 02:51 Oct 25,2011 |
| RBI in its 2nd quarter monetary policy review raised the key interest rates by 25 basis points (bps). It has also decided to deregulate, the savings bank deposit interest rate with immediate effect |
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| Now find geography wise AUM break up on AMC web sites |
| 10:42 Oct 23,2011 |
| Fund houses to start disclosing aggregate commission paid out to distributors also from FY12 |
|
| IDBI MF launches gold ETF |
| 02:59 Oct 20,2011 |
| IDBI MF launches gold ETF |
|
| Tax saving bonds now open for subscription |
| 10:41 Oct 14,2011 |
| IFAs can recommend PFC bonds to investors looking for steady income with tax advantages and safety of capital. |
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| Debt schemes add 3.83 lakh folios |
| 09:13 Oct 13,2011 |
| Gold ETFs add more than one lakh folios as the rush of new gold funds continue |
|
| IDBI MF revises STP facility in liquid, debt and income schemes |
| 02:31 Aug 19,2011 |
| IDBI MF changes minimum investment amount under systematic transfer plan facility |
|
| IDBI files for Gold ETF |
| 03:23 Jul 27,2011 |
| IDBI MF has filed an offer document for IDBI Gold Exchange Traded Fund |
|
| A spate of new product launches by life insurance companies |
| 09:33 Jun 02,2011 |
| In spite of a decline in investors’ interest towards multiple premium policies, insurers are launching new products |
|
| IDBI MF to launch daily SIP facility under Ultra Short Bond Fund |
| 04:27 Jun 02,2011 |
| In addition to monthly & quarterly SIP, IDBI Ultra Short Bond Fund to introduce daily SIP facility |
|
| Debasish Mallick joins IDBI MF |
| 06:20 May 26,2011 |
| Debasish Mallick has joined IDBI Mutual Fund as Managing Director & CEO |
|
| Principal Pnb MF to launch retirement wealth advisory firm this fiscal |
| 10:37 May 13,2011 |
| Sudipto Roy, the former Business Head of Principal Pnb Mutual Fund will head the new retirement planning firm |
|
| Krishnamurthy Vijayan to step down from IDBI MF: Sources |
| 04:57 May 11,2011 |
| The current MD & CEO of IDBI MF has reportedly put in his papers last month and a top official from IDBI Bank is likely to replace him |
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| IDBI Federal unveils Wealthsurance Premier Insurance plan |
| 02:30 Mar 30,2011 |
| Private insurer IDBI Federal Life Insurance has launched Wealthsurance Premier Insurance Plan for High Net-worth Individuals |
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| IDBI Short Term Bond Fund exit load reduced |
| 10:41 Mar 28,2011 |
| IDBI Mutual Fund reduces exit load in Short Term Bond Fund |
|
| IDBI unveils Short Term Bond Fund |
| 12:44 Mar 17,2011 |
| IDBI Mutual Fund has launched an open ended debt scheme called IDBI Short Term Bond Fund |
|
| Foreign investors a lucrative source |
| 10:02 Feb 28,2011 |
| Krishnamurthy Vijayan, MD & CEO of IDBI Mutual Fund, feels the market has viewed the budget positively, given that the budget has not upset the apple cart too much. |
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| IDBI offers pension plan with assured bonuses |
| 01:33 Feb 23,2011 |
| IDBI Federal Life Insurance has launched a guaranteed pension plan called Retiresurance |
|
| IDBI MF flies an offer document for IDBI Sensex Fund with SEBI |
| 10:40 Feb 22,2011 |
| IDBI Mutual Fund flies an offer document for IDBI Sensex Fund with SEBI |
|
| IDBI MF increases face value |
| 02:34 Feb 11,2011 |
| IDBI Mutual Fund increases the face value of Liquid Fund |
|
| IDFC infra bond issue open |
| 02:13 Jan 19,2011 |
| IDFC is offering 8 per cent interest on the tax-free bonds with the option to receive interest annually or cumulatively |
|
| MFs embrace social media |
| 10:46 Jan 11,2011 |
| Mutual funds see social networking sites as a good platform to build a rapport with investors |
|
| Rapid churn among fund managers |
| 02:43 Dec 30,2010 |
| More than the pressure to perform, greater opportunities in a booming market make fund managers to move |
|
| Motilal Oswal MF files offer document with SEBI to launch Midcap ETF scheme |
| 02:49 Dec 03,2010 |
| Motilal Oswal Mutual Fund has filed an offer document with the Securities and Exchange Board of India (SEBI) to launch a new scheme called Motilal Oswal MOSt Shares Midcap ETF |
|
| Principal MF launches Principal SMART Equity Fund |
| 04:49 Dec 01,2010 |
| Principal Mutual Fund has launched an open-ended equity fund where investments in equities will be determined by the price-to-earnings levels. It will follow up with another dynamic fund called Principal Dynamic Bond Fund. |
|
| Investor’s cash out of equity funds as markets zooms up |
| 11:22 Jan 01,1900 |
| Investors pull out Rs 10816 crore from equity funds from April to December, shows the latest AMFI data. |
|
| Fund houses find gold fund-of-funds route ideal to attract retail investors |
| 04:56 Jun 07,2012 |
| Fund houses are pushing gold fund-of-funds to attract retail investors because of the constraints in investing in gold ETFs via demat accounts. |
|
| IDBI to launch active funds: Debasish Mallick |
| 05:45 Sep 20,2011 |
| The newly appointed MD & CEO of IDBI MF, Debasish Mallick discusses the challenges that lie ahead with Jayshree Pyasi and Ravi Samalad. |
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| Private sector has 80% share |
| 03:08 Nov 23,2010 |
| Private sector dislodges public sector; Most public sector funds have withered |
|