In the current Covid-19 scenario, investors are more conservative with a rising preference for less risky liquid funds compared to equity
Navin Agarwal, who had been managing director for Motilal Oswal Financial Services, will lead the AMC as its MD and CEO
Analysts expect a YoY fall of 12-20% in revenue, and 7-10% in operating profit in the June quarter
The coronavirus pandemic is expected to result in a rise in non-performing assets (NPAs) despite relief measures
According to sources, 190-200 employees at IDBI AMC have raised concerns over job continuity
Deputy chief executive officer Anand Shah to quit BNP Paribas AMC
The efforts are expected to make life easier for investors and boost mutual fund penetration
Under the cross-shareholding norms, a single entity cannot hold more than 10 per cent in more than one AMC
After the close of markets on Tuesday, Sebi capped the total expenses ratio of AMCs with equity assets up to Rs 500 billion from 1.75 per cent to 1.05 per cent
AMCS are looking for partnerships with SFBs AU, Equitas, Ujjivan and retail banks like IndusInd Bank and ICICI Bank