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| Invest in fewer schemes | 22-NOV-09 |
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| I am a 65-year-old retired engineer and live with my wife, 58. Both my children are married and well-settled. My wife and I have a mediclaim policy of base value Rs 1 lakh each (now approximately Rs 1.5 lakh). We would like to be financially independent all our lives. Advise me as to any change required in my financial plan, particularly with regard to regular investment in mutual funds. |
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| Redemption in MF equity schemes peaks in October | 19-NOV-09 |
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| Market volatility has hit equity schemes of domestic mutual funds. The category has seen the highest monthly redemption so far in the current financial year in October, with net outflow crossing Rs 2,100 crore. |
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| Sebi for cutting IPO process time to 7 days | 18-NOV-09 |
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| Market regulator Securities and Exchange Board of India (Sebi) today said it wants to bring down the time required for IPO processing to seven days from 20 days at present over the next one year. |
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| Debt MF schemes give positive returns in Oct | 16-NOV-09 |
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| Debt-oriented mutual funds gave positive returns in October, while almost all other funds, including equity, ended in the negative zone, fund evaluation and risk solutions provider Crisil FundServices has said. |
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| Three strong offerings | 15-NOV-09 |
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| Though not a stellar performer, it has impressed. In the first year of its launch (2005), it underperformed in all the three quarters it completed. Since then, it has managed to beat the annual category average every year, with its best performance in 2006, when it returned 60.3 per cent (category average: 54.2 per cent). |
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| Sebi may allow MF deals through bourses | 14-NOV-09 |
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| In an attempt to broadbase the presence of mutual funds (MFs) in the country, the Securities and Exchange Board of India (Sebi) today said that the existing stock exchange infrastructure might be allowed for transactions in MF schemes. |
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| Mutual funds' investor base falls in October | 13-NOV-09 |
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| The domestic mutual fund investor base shrank for the third consecutive month in October, largely on the back of redemptions in diversified equity and balanced funds. |
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| CP-CD: issues fall as MFs stay away | 13-NOV-09 |
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| Issuances of short-term money market instruments fell today because mutual funds — the major investors for such papers —were not keen on investing due to low rates, dealers said. |
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| Sebi mulling action on MFs for compliance on NOC withdrawal | 12-NOV-09 |
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| Market regulator Securities and Exchange Board of India (Sebi) is believed to be contemplating stricter rules for mutual fund (MF) houses as some of them are resorting to restrictive trade practice by creating irritants for investors wanting to shift to a new distributor. |
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