MF News

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

IRDA has told life insurers that major regulatory changes have already happened. In 2011, the changes would be fewer

Distributors are not praying for Sinha to be the next SEBI Chairman and do not see return of entry load ever

UTI MF is following up with “India Invest Karo” campaign after its earlier drive “Swatantra” reached out to 15 lakh people.

Over 8.86 lakh retail investor accounts for debt schemes were opened in a year contributing to increase in debt AUM

The company’s current shareholder Shinsei Investment I, Rakesh Jhunjhunwala and Freedom Financial Services Private have divested their entire stake in Shinsei Mutual Fund

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

The findings will be shared with AMFI, SEBI and all the fund houses and a final decision will be taken thereafter