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MFs invest Rs 4.74 lakh cr in FY'13, highest in 12 years MFs invest Rs 4.74 lakh cr in FY'13, highest in 12 years Mutual funds pumped Rs 4.74 lakh crore into the debt market in 2012-13, making it their biggest investment in the last 12 years.
SBI Mutual Fund ties up with NISM SBI Mutual Fund ties up with NISM SBI Mutual Fund Saturday announced its strategic alliance with National Institute of Securities Markets (NISM) for conducting mutual fund distributors' (MFD) certification examinations at select learning centers.
Mutual Fund's AUM up 18% at Rs 8.26 trn in Apr: Crisil Mutual Fund's AUM up 18% at Rs 8.26 trn in Apr: Crisil "The month-on-month percentage gain in assets is the highest in the past two years and was led by inflows into the money market and income funds," a release by Crisil Research said.
MFs equity exposure to software cos at over 3-yr high in March MFs equity exposure to software cos at over 3-yr high in March Also, MFs continued to raise their holdings in software companies for the fourth consecutive month in March.
SBI Mutual Fund launches gold accumulation facility SBI Mutual Fund launches gold accumulation facility SBI Gold Fund is an open ended fund, which enables the common man to invest systematically in gold without the need of buying and storing physical gold and that too without a demat account.
Number of MF accounts declined by 36 lakh in 2012-13 Number of MF accounts declined by 36 lakh in 2012-13 The mutual fund industry lost more than 36 lakh investors, measured in terms of individual accounts or folios, in the 2012-13 financial year.
MFs sell shares worth Rs 23,000 cr in FY13; highest in 12 yrs MFs sell shares worth Rs 23,000 cr in FY13; highest in 12 yrs Mutual funds sold shares worth nearly Rs 23,000 crore during the last fiscal, 2012-13, making it their biggest sell-off in 12 years.
Birla Sun Life MF to step up equity exposure, to expand reach Birla Sun Life MF to step up equity exposure, to expand reach He further said the company also plans to expand its reach through increasing branch network and distributors.
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