The other inclusions - IDFC First Bank, PFC, Ashok Leyland, Cummins India, Astral and HDFC AMC - were on the expected lines. ACC was the only exclusion
Vishal Jain, former Nippon India MF executive, to head the MF business
This marks a reduction from the previous mandatory provision, where AMCs were required to offer investors a 30-day period to exit without incurring an exit load
Among the top 10 fund houses, Kotak Mahindra MF and Mirae Asset MF logged the highest growth in retail assets at 70 per cent and 66 per cent, respectively
Smallcap schemes continue to be a big draw
Invest Rs 7,700 crore in July, highest in four months
MFs expect hybrid funds to become investor favourites
Devalkar has been with the fund house for over seven years and has been managing its bluechip, mid-cap, small-cap and flexi-cap funds
At the same time, the investment of foreign investors in Indian MFs increased by 1.6 per cent (in dollar terms) to $18.7 billion
SBI first revealed its intentions to take the mutual fund subsidiary public on December 15, 2021, with the aim of raising $1 billion
During recent run-up in share prices, positives have been factored in: Analysts
Franklin Templeton aims to rejuvenate its presence in the debt space with Rahul Goswami leading the charge
Megatrends investing strategy is suited for a flexicap fund as it selects companies that have strong growth potential based on the long-term changes in the businesses, says Nimesh Chandan
Sustained rise in flows via SIPs lifts distributor share in AUM
We can derive comfort from the fact that the real rates, across economies, are now mostly positive: Tripathi
Sitharaman urges financial regulators to maintain a balance between light-touch regulation and full-fledged supervision
Both Sebi initiatives aimed at developing corporate bond market
Mutual funds stays away after Sebi valuation norm change
Move marks re-entry of world's largest asset manager in domestic market
Edelweiss MF latest to join bandwagon after cutting Nifty50 TER to 0.05%