MF exposure to bank stocks hits a high of Rs 78,000 crore in Feb
Continuing their bullish stance on banking stocks, mutual fund managers raised exposure to the sector to a historic high of nearly Rs 78,000 crore in February.
Mar 24, 2015, 14:23 PM IST
Sebi approves IFSC guidelines; Gujarat's GIFT to be first
Paving the way for creation of India's first International Financial Services Centre in Gujarat's GIFT City, regulator Sebi today approved a relaxed set of norms for setting up of stock exchanges and other capital market infrastructure in such centres.
Mar 22, 2015, 20:03 PM IST
JP Morgan may sell India mutual fund business
Sources said JP Morgan has begun discussions for a possible sale of its Indian mutual fund arm, although the fund house officially declined to comment on the same.
Mar 15, 2015, 11:59 AM IST
'Equity MFs net inflow at Rs 64,000 crore so far this fiscal'
Equity mutual funds witnessed a significant net inflows of Rs 64,000 crore during the April-February period of this fiscal on account of strong participation of retail investors, Parliament was informed Friday.
Mar 13, 2015, 17:44 PM IST
Mutual funds line up 34 NFOs led by positive market rally
Mutual fund companies have lined up nearly three dozen New Fund Offers (NFO) and have filed draft documents for them with market regulator Sebi pursuant to a rally in the stock market.
Mar 02, 2015, 16:18 PM IST
Gold ETFs record Rs 1,300 cr outflow in first 10 months of FY'15
According to the latest data available with Association of Mutual Funds in India (AMFI), gold ETFs witnessed an outflow of Rs 1,290 crore during April-January period of the current fiscal (2014-15) by MFs.
Feb 22, 2015, 10:44 AM IST
Mutual fund cos file papers with Sebi for 25 new offerings
Mutual fund companies have lined up as many as 25 New Fund Offers (NFO) and have filed draft documents for them with market regulator Sebi, mainly on account of sharp rally in the equity markets.
Feb 20, 2015, 16:08 PM IST
MF equity folio count up by 16 lakh during April-January
Equity mutual funds witnessed an addition of over 16 lakh investor accounts or folios in the first 10 months of the current fiscal (2014-15) in view of a sharp rally in the stock market.
Feb 15, 2015, 10:41 AM IST
Equity schemes' share in MF assets base grows to 30% in Dec
The contribution of equity oriented schemes in mutual funds asset base has increased to 30 percent over the last nine months of the current fiscal on the back of a sharp rally in stock markets.
Feb 13, 2015, 18:03 PM IST
MF assets base from smaller cities rises 31% to Rs 1.85L crore
The contribution of the country's smaller towns -- known as beyond-15 cities (B15) -- to mutual funds asset base has surged by 31 per cent over the last nine months of the current fiscal (2014-15) to Rs 1.85 lakh crore.
Feb 12, 2015, 17:19 PM IST
Sebi income surplus revised to Rs 156.27 cr from Rs 193.37 cr
Capital market regulator Sebi is expecting an income surplus of more than Rs 156 crore after taking into account operational as well as capital expenses for the current financial year.
Feb 04, 2015, 15:09 PM IST
Mutual Fund folio count surges by over 7 lakh in Apr-Dec
Driven by addition in equity fund folios, mutual fund houses have registered a surge of more than seven lakh investor accounts in the first nine months of the current fiscal.
Feb 04, 2015, 14:04 PM IST
Mutual funds pump over Rs 33,000 crore in debt markets
Industry experts attributed the inflows during the month in debt to the new government's intent on introducing economic reforms and improved fundamentals of the domestic economy.
Feb 01, 2015, 11:37 AM IST
MF exposure to bank stocks surges to Rs 73,000 cr in December
The mutual fund industry is betting big on banking stocks as its equity exposure to the sector climbed to an all-time high of nearly Rs 73,000 crore in December.
Jan 15, 2015, 14:55 PM IST
Sebi proposes easier norms for domestic MF managers
To make it easier for domestic mutual funds to manage offshore pooled assets, Sebi Monday proposed to drop '20-25 rule', which requires a minimum of 20 investors and a cap of 25 percent investment by an individual investor in a particular scheme, for certain foreign entities.
Jan 12, 2015, 19:55 PM IST
Equity mutual funds see inflow of Rs 49,000 crore in 2014
Mutual funds pumped in a whopping Rs 49,000 crore in equity schemes in 2014 after witnessing an outflow in the preceding year on account of improved sentiment and positive returns.
Jan 12, 2015, 14:57 PM IST
FATCA leads MFs to avoid fresh investments from US investors
Stringent compliance requirements under the Foreign Account Tax Compliance Act of the US have led to several mutual fund houses avoiding fresh investments from American investors.
Jan 11, 2015, 12:32 PM IST
MFs invest Rs 6 trillion in debt markets in 2014
Mutual funds pumped in more than Rs 6 trillion in the debt markets in 2014, an increase of 28 percent from the preceding year, primarily on account of improved sentiment.
Jan 09, 2015, 17:26 PM IST
SEBI to set up panel to push MF sales via internet, mobiles
To re-energise the mutual fund industry, regulator SEBI plans to set up an expert panel to suggest measures for increasing distribution of MF products through digital modes such as internet and mobiles.
Dec 28, 2014, 12:33 PM IST
Mutual Funds reach Rs 11-trillion mark; add Rs 3-trillion in 2014
Fighting all adversities and a tougher regulatory regime, mutual funds are headed for a cash-rich 2014 with an estimated addition of about Rs three lakh crore to its asset base to become a Rs 11-trillion market.
Dec 25, 2014, 16:26 PM IST