IDBI Bank looks to sell mutual fund arm to Edelweiss
The total asset under management (AUM) of IDBI Mutual Fund declined to Rs 5,381 crore as on September 30, 2019.
by Economic Times Oct 26, 2019
Are more mutual fund investors shifting to direct plans for extra returns?
Direct mutual fund plans have managed to corner a market share of a little over 40% in the last six years. Mutual funds had introduced direct plans of schemes six years ago as per Sebi directive.
by Economic Times Oct 26, 2019
Don’t buy gold, invest in gold this Diwali: Chirag Mehta of Quantum Mutual Fund
While gold jewellery is bought and used for its aesthetic value, it is ineffective as an investment option. This is because of the loss in value on resale.
by Economic Times Oct 26, 2019
UTI Asset Management picks Citi, ICICI Securities for planned IPO
The UTI AMC offering could raise about ₹2,600 crore ($366 million)
by Mint Oct 25, 2019
Nippon India AMC Q2 profit rises 20% to Rs 137 crore
Nippon Mutual Fund also saw a rise in the digital purchase transactions by 54% to 3.69 lakh. Digital contributes around 45% of new purchase transactions.
by ET Oct 25, 2019
What are the advantages of investing in multi cap mutual funds?
These are diversified mutual funds which can invest in stocks across market capitalisation. As per regulatory mandate, these funds need to have a minimum investment in equity and equity related instruments of 65%.
by ET Oct 25, 2019
These mutual funds never turned negative in 5- & 7-yr periods since inception
We filtered out schemes which have given minimum returns of 15% in both the 5- and 7-year periods. Next, we removed those schemes which have given negative returns in any of the five or seven year periods in their entire life, i.e., since their in...
by ET Oct 25, 2019
In India, while choosing stock, just worry about the integrity: Raamdeo Agrawal
I have gone repeatedly wrong in assessing the integrity of the management.
by Economic Times Oct 24, 2019
Time to go passive?
With their low cost and clear outperformance of active funds, ETFs and index funds have started to attract investor interest
by Value Research Oct 24, 2019
Irdai slaps Rs 1 crore fine on Cholamandalam MS General Insurance for violating commission-paying rules
It was observed that the insurer paid insurance commission to intermediaries in respect of porting-in health policies, Irdai said, citing few examples based on the cases examined for financial year 2015-16.
by Financial Express Oct 24, 2019
DHFL may buy back mutual fund bonds at discount
DHFL’s total debt stands at about Rs 84,000 crore and mutual funds own a small portion of it.
by Economic Times Oct 24, 2019
Large cap mutual funds stage a comeback; top schemes offer 20% plus in a year
In times of uncertainty, investors usually flock to giant companies that are leaders in their domain. These companies come out of troubled times relatively unscathed in comparison to mid- and small-sized companies.
by Economic Times Oct 24, 2019
Best mutual fund SIP portfolios to invest in 2019
Are you looking for a mutual fund portfolio to achieve your long-term financial goals? Here are some ready-made portfolios
by ET Oct 23, 2019
Axis Mutual Fund adding battered auto stocks to its portfolio
More bullish now than six months back, says Jinesh Gopani, head of equity for Axis Asset Management
by Mint Oct 23, 2019
Opinion | Tried-and-tested mutual funds score over alternate funds
Mutual funds are liquid, well-regulated, transparent and provide risk-adjusted returns
by Mint Oct 23, 2019
