Industry seeks special dispensation from regulator
KFin Technologies provides technology solutions across a broad spectrum of asset classes spanning mutual funds, alternative investment funds and pension funds
Indiabulls Housing Finance (IBHFL) has received the CCI approval to divest its mutual fund business to Groww for Rs 175 crore
The fund run by Edelweiss Management Ltd. has returned 46% this year, according to the firm
Of the total IPOs issued in the last one year, 72 per cent were listed at a premium while 28 per cent opened at a discount
This is thanks to economic revival, improving upgrades to downgrades ratio, say experts
TCS, HUL, Titan Company, UltraTech Cement, and Bharti Airtel hit their respective record highs on the BSE today
In February 2020, the broking company had applied for the AMC license
Regulator, industry gets into huddle ahead of October 1 deadline
BSE on Tuesday said its mutual fund distribution platform StAR MF has processed a record 14.1 million transactions worth Rs 36,277 crore in August
Markets regulator Sebi on Tuesday directed asset management companies (AMCs) to disclose details of risk and performance of mutual fund schemes in all disclosures, including promotional material
Domestic investors may lend support to markets in the event of any intermittent correction, say experts
The fund featured in the top 30 percentile of the money market funds category in CRISIL Mutual Fund Ranking (CMFR) for 10 consecutive quarters ended June 2021
After the recent run up in equity markets, it would be prudent to opt for a mix of equity and debt funds
SBI Funds Management (SBI MF) will distribute the sixth tranche of over Rs 2,918 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes from September 1. After the payout, the total disbursement will reach Rs 23,999 crore, amounting to 95.18 per cent of assets under management (AUM) as on April 23, 2020, when the fund house announced to shut the schemes, a Franklin Templeton MF spokesperson said on Sunday. Under the first disbursement in February, investors received Rs 9,122 crore, while Rs 2,962 crore were paid to investors in April, Rs 2,489 crore in May, Rs 3,205 crore in June and Rs 3,303 crore in July. "SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 2,918.5 crore to unitholders across all six schemes," the spokesperson said. The payment to all investors whose accounts are KYC compliant with all details available will commence from September 1, 2021, he said. The amount to be distributed to unitholders will be paid by
Sailesh Raj Bhan says earnings in Q1 have been better than market expectations in sectors that have been supported by the recovery of global growth like IT services and metals
Officials in the company said they are expecting another Rs 1,000 crore as online applications will continue till midnight
During the past one year, value funds have given average returns of 50.79 per cent, higher than large-cap and flexicap schemes
Officials in the industry believe that the market regulator might give some concessions on the aspect of key employees of the fund houses
Holding period of HNIs, however, was lower at about 47% as on June 2021