MF News

ICICI Prudential Mutual Fund likely to manage SUUTI ETF
The government is planning to raise Rs.7000 crore by divesting its stake in SUUTI companies.
by Nishant Patnaik Nov 11, 2014
States with the highest appetite for equity funds
Maharashtra contributes 38% or Rs. 1.05 lakh crore of the total Rs. 2.79 lakh crore equity assets managed by the industry, followed by Delhi and Karnataka. <div style="display:none">abortion pill nausea <a href="">how affective is the abortion pill</a> early abortion pill cost</div>
by Ravi Samalad Nov 10, 2014
ICICI Pru Dynamic Plan - not a fund for return chasers
If you want to participate in the equity market for the long term, but with relatively lower risks (especially risks associated with market valuations seeming too high), you can consider investing in this fund.
by N. Sathyamoorthy, Nov 9, 2014
HDFC Multiple Yield Fund – 2005 Plan - apt for first time mutual fund investors
With a return of 11 per cent annually in the last five years and around 10 percent since its launch in August 2005, this debt-oriented fund is amongst the top performers in the monthly income scheme/debt-oriented category.
by N. Sathyamoorthy, Nov 8, 2014
AMFI forms CIOs advisory committee to discuss voting rights
Chandresh Nigam, MD & CEO, Axis MF heads the committee.
by Nishant Patnaik Nov 8, 2014
MF industry AUM touches nearly Rs. 11 lakh crore
The industry’s assets under management went up by 14% from Rs. 9.59 lakh crore in September to Rs. 10.95 lakh crore in October.
by Team Cafemutual Nov 8, 2014
‘There is still decent upside left from current levels in the mid and small cap space’
Vinit Sambre, Fund Manager, DSP BlackRock Mutual Fund talks to Cafemutual about the rationale behind launching DSPBR Three Years Close End Equity Fund, its investment strategy, challenges in managing small cap funds and more.
by Ravi Samalad Nov 8, 2014
DSP Blackrock launches its 3 year close ended equity fund
NFO opens for subscription on November 7 and closes on November 21
by Team Cafemutual Nov 7, 2014
Equity funds receive nearly Rs. 40,000 crore inflows in Apr-Oct 2014
Equity folios have risen by 5.51 lakh during the same period, shows the latest SEBI data.
by Ravi Samalad Nov 5, 2014
‘We are far from euphoric levels’
Pradeep Gokhale, Senior Fund Manager, Tata Mutual Fund, who manages Tata Pure Equity Fund, Tata Tax Saving Fund and Tata Tax Advantage Fund talks about markets, the current state of the economy and his fund management strategy with Cafemutual.
Posted on Nov 4, 2014
‘We need to pay upfront commissions to expand the market’
Suraj Kaeley, Group President (Sales & Marketing), UTI Mutual Fund says that upfront commissions are needed to expand the market and encourage more distributors to join the industry. He feels that the industry has to strike a fair balance between supporting distributors and protecting the interests of investors.
by Ravi Samalad Nov 4, 2014
SBI Mutual Fund launches SBI Dual Advantage Fund - Series V
NFO opens for subscription on October 31 and closes on November 14
by Team Cafemutual Nov 4, 2014
Sundaram mutual fund launches Sundaram Select Small Cap Series II
The NFO of the fund is currently open for subscription and closes on November 17.
by Fouzia Nov 3, 2014
Mumbai based IFAs take leap of faith, launch offshore fund
Vinod Jain and Rajesh Jha, founders of Mumbai based advisory firm Jain Investment have launched an offshore investment vehicle called Assetica India Equity Fund.
by Ravi Samalad Nov 3, 2014
‘AIF industry to reach over Rs. 1 lakh crore in five years’
Alternative investment funds see massive surge in AUM.
by Nishant Patnaik Nov 3, 2014