News From Press Post IDBI MF deal, LIC Mutual to streamline products, operations

Post IDBI MF deal, LIC Mutual to streamline products, operations

Source: The Hindu BusinessLine Dec 20, 2018

LIC Mutual Fund Asset Management (LIC MF) will undertake rationalisation of products and operations after the proposed integration of IDBI Mutual Fund with itself.

The fund house is evaluating various options to be taken up after the proposed acquisition of 51 per cent stake by its parent LIC in IDBI Bank, Raj Kumar, CEO, LIC MF, has said.

Click here to read more>>

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Financial Terms Like Mutual Fund, IPO and Bond Now In Sign Language For Differently-Abled

New IRDAI rules: Life insurance policyholders to get higher early-exit payouts from October 1

NPS debt funds shine over long run beating MF counterparts comfortably

Sebi likely to maintain status quo on largecap stock pool expansion

Can the defence sector continue firing after 100% gains?

Don’t let money hurt your marriage: How married couple can manage money and avoid conflicts on financial matters

Why beginners should avoid risky equity investments

Are you hoping rate cuts will boost your stock prices? You may be wrong, here's what investors should do now

What are risks and opportunities associated with Small Caps?

Overheated markets: Does the mid and small-cap mutual funds stress test reveal some unpleasant truths?

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS