MF News

UTI Mutual Fund has announced the opening of a new UTI Financial Centre (UFC) at Bardhaman in the State of West Bengal

Nilesh Shah’s last day will be in February, according to media reports. His future plans are not yet known

MFs to start monitoring investments by politicians and their close associates from January 1, 2011

A recommendation to appoint Sinha as the new SEBI Chairman will be sent to the Appointments Committee of the Cabinet for approval.

Launched in January 2006, Franklin India Smaller Companies Fund (FISCF), a close-ended fund has completes its five year term on 13 January 2011.

SEBI wants mutual funds to reduce the fees they pay to R&Ts as it aims to reduce the overall expense ratio

SEBI Chairman wants credible self-regulation to develop.

MFs hold as high as 40% in cash in liquid schemes to manage volatile flows from banks

Nandan Nilekani on Thursday explained to SEBI and capital market participants the role UID can play in financial transactions

Four fund houses - Birla Sun Life Mutual Fund, Pramerica Mutual Fund, Franklin Templeton Mutual Fund and DWS (Deutsche) Mutual Fund have filed offer documents with SEBI for launch of new debt schemes.

Reliance MF, UTI MF, Birla Sun Life MF and HDFC MF allow buying of units through mobile handsets

“Retire Rich–Invest Rs 40 a day” is the only book in India that talks about retirement planning

The assets under management of the mutual fund industry witnessed a marginal increase of 2.43 per cent to Rs. 6,65,286 crore

Investor awareness continues to be the mantra for asset management companies to reach out to investors

Newspaper reports said the committee searching for a new SEBI Chairman might ask Bhave to carry on for two more years