AMCs paid Rs 66 lakh in penalties to investors in FY12
AMCs paid Rs 66 lakh as penalty interest to investors for delay in dividend and redemption dispatches compared to Rs 33 lakh in FY11.
by Team Cafemutual Sep 14, 2012
ICICI Prudential Mutual Fund launches Financial Premier League game
The AMC aims to spread financial literacy through an indoor cricket game among school students and parents.
by Pallabika Sep 14, 2012
Shriram City Union Finance secured NCD opens for subscription
The company is offering a coupon rate of 11.50 % and 11.75% for three-year and five-year tenured NCDs respectively for retail investors
by Team Cafemutual Sep 12, 2012
Equity funds see Rs 2096 crore net outflow in August
Equity funds see consecutive net outflow for the third time since June
by Team Cafemutual Sep 12, 2012
Six out of the top ten AMCs register a growth in profits in FY12
The top nine fund houses recorded a combined net profit of Rs 979 crore as against Rs 931 crore the previous year.
by Ravi Samalad Sep 11, 2012