SEBI yet to clear Sundaram MF deal to buy Principal AMC
Approval is expected ‘anytime soon’
by Source: BL Aug 21, 2021
Yields on short-tenor debt fall on surplus liquidity
Meanwhile, demand from mutual funds remained steady because they are witnessing strong inflows into shorter-end funds.
by Source: FE Aug 21, 2021
ICICI Bank becomes the biggest holding in mutual fund portfolios
As on July 30, the value of mutual funds’ holding in ICICI Bank stood at Rs 99,541.2 crore; it was Rs 91,854.6 crore in HDFC Bank. ICICI Bank has also decisively moved ahead of HDFC Bank in terms of percentage of equity assets under management.
by Source: ET Aug 21, 2021
55% retail investors stay put in equity funds for over two years: Amfi
Holding period of HNIs, however, was lower at about 47% as on June 2021
by Source: BS Aug 21, 2021
ICICI Prudential Mutual Fund drops Make in India theme
In a notice to unit holders issued on 13 July 2021, the AMC said the fund will now simply be called the “ICICI Prudential Manufacturing Fund”
by Source: Mint Aug 21, 2021
