Mutual Funds news

Equity outflows from mutual funds may continue

"There is redemption pressure seen in the equity mutual funds as investors are exiting by booking profit after the rise in benchmark indices like Sensex and Nifty. I think, this trend is likely to continue till the Sensex shows some signs of stabilisation beyond 20,000 mark," LIC Nomura Mutual Fund Chief Executive Officer Nilesh Sathe said.

Feb 10, 2013, 19:20 PM IST

Sebi to introduce product labelling for MFs soon

"Product labelling is an important investor education agenda for Sebi. The scheme profile will be given very shortly and finally it will be with colour codes," S V Muralidhar Rao, executive director of Sebi (Securities and Exchange Board of India) said on Saturday.

Feb 02, 2013, 17:58 PM IST