Mutual fund distributors' commission rises by 9% in FY'14

According to latest data available with Association of Mutual Funds in India (AMFI), the total income earned by 329 distributors stood at Rs 2,572 crore.

Sebi likely to tighten screws on non-serious MFs: PwC

Notably, an advisory committee formed to review the net worth requirement for AMCs recently suggested an upward revision in the minimum net-worth required for the mutual fund companies.

AMCs will be responsible for compliance of overseas agents

AMCs would be responsible for the compliance of overseas distributors, in the absence of an Amfi registration, according to a circular issued by Association of Mutual Funds in India.

MFs witness record Rs 1.85 tn net inflow in 11 months of FY13

In a possible record-setting year in terms of money invested in mutual funds, all the fund houses together attracted total net inflows of Rs 1.85 lakh crore in the first 11 months of 2012-13.

MFs offload shares worth over Rs 21,000 cr in 2012-13

Mutual funds offloaded shares worth over Rs 21,000 crore during the first 11 months of fiscal 2012-13, including outflows of Rs 848 crore during the month of February 2013.

MF asset base rises to Rs 8.26 trillion in Jan

Total Assets Under Management (AUM) rose by Rs 66,000 crore or an increase of nine percent in January, compared to Rs 7.59 lakh crore in December 2012.

Mutual funds' AUM touches Rs 7.86 lakh crore in Oct-Dec quarter

Touching the highest level in nearly three years, the assets managed by mutual funds jumped by more than 5 percent to Rs 7.86 lakh crore in the three months ended December 2012.

Mutual funds gain Rs 54,681 crore worth assets in July-Sept

Improved stock market sentiment helped mutual funds become richer by Rs 54,681 crore or about 8 percent in the second quarter of the current fiscal, as the assets base grew for a majority of the fund houses.

Mutual funds lose Rs 16,000 cr in 2011; HDFC MF remains on top

The mutual fund industry took a hit of more than Rs 16,000 crore on its asset size during 2011, even as the newly-crowned market leader HDFC MF grew in size and consolidated its top position.

Morgan Stanley MF launches liquid fund

Asset management firm Morgan Stanley Mutual Fund on Monday launched an open-ended liquid scheme, which is similar to shot-term deposits and is considered to be low risk investment.