Last Updated: Wednesday, July 30, 2014, 14:04
Investors pulled out nearly Rs 60,000 crore from various mutual fund schemes in June after putting in a staggering Rs 1.5 lakh crore in the preceding two months.
Last Updated: Tuesday, July 29, 2014, 15:51
Folios are numbers designated to individual investor accounts, though one investor can have multiple folios.
Last Updated: Sunday, July 27, 2014, 12:40
Small and mid-cap funds have beaten the benchmarks as well as large funds in terms of returns, according to an industry report.
Last Updated: Friday, July 25, 2014, 18:06
Mutual Fund industry on Friday termed as 'partial relief' the government's decision to exempt debt mutual funds sold between April 1 and July 10 this year from an increased tax rate.
Last Updated: Wednesday, July 23, 2014, 22:01
The Finance Ministry is examining to tweak the Budget proposal for hiking capital gains tax to 20 percent for debt mutual funds following representation from the industry, Economic Affairs Secretary Arvind Mayaram said on Wednesday.
Last Updated: Sunday, July 20, 2014, 19:09
Finance Ministry is contemplating to tweak the Budget proposal for hiking capital gains tax to 20 percent for debt mutual fund investors from prospective effect instead of April 1, 2014.
Last Updated: Thursday, July 17, 2014, 15:03
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.
Last Updated: Wednesday, July 16, 2014, 15:30
Concerned over additional tax proposals made in the Budget 2014-15, mutual funds fear that redemptions in investments worth over Rs 2 lakh crore that could put a huge burden the banking sector.
Last Updated: Tuesday, July 15, 2014, 22:29
Fair trade watchdog CCI has cleared the proposed deal between Birla Sun Life entities and ING in the mutual funds space, saying the transaction was unlikely to have an adverse impact on competition.
Last Updated: Tuesday, July 15, 2014, 15:27
Sebi monitors the bi-monthly compliance reports and half yearly trustee reports being submitted by AMC and Trustees respectively to the regulators.
Last Updated: Tuesday, July 15, 2014, 13:38
Besides seeking the market regulator's intervention on these issues, AMFI has also taken up the matter with the Ministry of Finance.
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