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MFs exposure to bank stocks hits 15-mth high of over Rs 41K cr

Last Updated: Sunday, May 11, 2014, 10:33

Fund managers raised exposure in bank stocks to 15-month high of over Rs 41,100 crore in April on hopes of improvement in the economy and a stable government at the Centre.

MF investments in software stocks soar to 42-month high

Last Updated: Sunday, March 31, 2013, 11:54

This is the highest exposure to software sector since at least August 2009 in absolute terms and the second-highest in percentage terms.

'Majority of retail investors stick to equity MF investments'

Last Updated: Friday, October 26, 2012, 22:06

Notwithstanding volatility in the stock market, over 60 percent of retail investors have stuck to their investments in equity mutual fund schemes for more than two years, rating agency Crisil has said.

Sebi imposes Rs 150 transaction fee on new MF investments

Last Updated: Monday, August 22, 2011, 22:23

Market regulator Sebi on Monday said new investors will now have to pay an extra Rs 150 for investment of Rs 10,000 and above in mutual funds, while the charge will be Rs 100 for existing investors.