MF News

SEBI accepted L&T Mutual Fund’s plea for a fine of Rs 10 lakh for front-running by one of its employees

The number of distributors selling mutual funds has increased by nearly 8 per cent since the ban on entry load

SEBI accepted L&T Mutual Fund’s plea for a fine of Rs 10 lakh for front-running by one of its employees

MFs faced redemptions of more than Rs. 30,000 crore in liquid schemes as large investors withdrew to pay advance tax

Tata Mutual Fund gets a new CEO two months after Ved Prakash Chaturvedi quit

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.