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Thursday, May 31, 2012

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Mutual Fund

No third-party cheques for mutual fund investments

Next time you are investing in mutual funds, make sure you issue a cheque from your own bank account...

Mutual Fund assets dip 4% in January

The country`s mutual fund industry witnessed a decline in the average assets under management, for ...

Kotak Mahindra Mutual Fund launches Nifty ETF

Kotak Mahindra Asset Management Company, on Monday launched Nifty ETF - an exchange traded fund that...

MFs asset drops 3.55% in December to Rs 7.78 lakh cr

The average assets under management of the country`s mutual fund industry dropped to Rs 7.78 lakh ...

Karvy, CAMS launch online MF transaction platform FINNET

Registrar and transfer agents Karvy Computer share and Computer Age Management Services (CAMS) have ...

Sebi bid to plug MF route terror funding

To track terror funding, market regulator Sebi on Friday asked mutual fund distributors to ensure ...

Peerless gets SEBI’s nod to launch its mutual fund business

Peerless Funds Management Company Limited (PFMCL today announced that it has received the final regu...

MF industry assets hit all time high of Rs 8 lakh cr

The assets under management of mutual funds in the country have increased to Rs eight lakh crore at ...

RBI asks banks to disclose commission from MF, insurers

To lend transparency, the Reserve Bank on Monday directed banks to disclose the commission it receiv...

Mutual funds to be traded on stock exchanges

There is some good news for those who wish to invest in mutual funds but are in two minds for putt...

Brokers can sell mutual fund products

In a move to expand the reach of mutual fund products, market regulator SEBI on Friday allowed sto...

Axis Mutual Fund launches its first equity fund

Axis Bank-promoted Axis Mutual Fund has launched its first equity fund, Axis Equity Fund, a diversif...

SBI MF becomes highest gainer, adds Rs 3,400 cr in October

SBI Mutual Fund emerged as the highest gainer in terms of monthly accretion with assets growing by a...

MF industry assets hit record high of Rs 7.62 lk cr

Assets of the mutual fund industry have touched an all time high of Rs 7.62 lakh crore.

MFs set to deploy Rs 13,957 cr in the market

Mutual funds are sitting on a whopping Rs 13,957.4-crore of cash, which is waiting to be deployed ...

MFs see outflow of Rs 1.44 lakh cr in Sept

After witnessing heavy inflows in July and August, mutual funds lost favour last month as investor...

Investors put Rs 32,600 cr in MFs in August

Investments in mutual funds slumped substantially in August, with the industry witnessing a net fund...

Axis AMC gets SEBI nod to launch mutual fund business

Axis AMC, a wholly-owned subsidiary of Axis Bank Ltd, on Sunday announced that it has received the ...

MFs see 9% growth in assets; AUM breach Rs 7 lakh cr-mark

The mutual fund industry`s breached Rs seven lakh crore-mark in assets in August, with the country`s...

AMFI has finalized design on separate MF platform: SEBI

Market regulator SEBI on Friday said the Association of Mutual Funds in India has finalised a design...

Reliance MF most successful fund house: Crisil Fund Services

Driven by strong performance, Reliance Mutual Fund has emerged as the most successful fund house in ...

Mutual Fund assets may grow 29% annually in next 5 yrs

The country`s burgeoning mutual fund industry is expected to see its assets growing by 29 per cent a...

ICICI Pru to tap Tier II towns, MFs give more return over 5-yr

Claiming equity-based mutual funds give an average 15 percent return on investment over a five-year ...

Mutual funds gear up for zero entry load from Aug 1

Investors will no longer be charged a 2.25 percent distribution commission up front by mutual fund...

Brokerages plan revised cost structure for MF distribution

Distributors of mutual funds are planning to revise their transaction cost structure to attract inve...

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