MFs invest Rs 23K crore in debt in Sept; total Rs 5 lakh cr in 2014
Mutual funds pumped in a whopping over Rs 23,000 crore in the bond market in September, taking the total investment to close to Rs 5 lakh crore since the beginning of the year.
Oct 07, 2014, 16:19 PM IST
Mutual Funds buy shares worth over Rs 4,000 crore in September
The inflow in equities during the month followed net investment of close to Rs 6,000 crore in August, Rs 5,000 crore in July, Rs 3,340 crore in June and Rs 105 crore in May.
Oct 03, 2014, 13:53 PM IST
Most debt-based mutual funds underperform in last 5 years
The comparative analysis between debt-based funds and S&P India's two benchmark indices -- government bond index and bond index -- is for the five years ended June 2014.
Sep 25, 2014, 16:53 PM IST
SEBI issues clarity on position limits for MFs in IRF
Providing more clarity on mutual fund exposure in Interest Rate Futures (IRF), SEBI Monday said fund houses can have position limits as available to trading members of the stock exchanges.
Sep 15, 2014, 19:41 PM IST
MFs equity folio count expands by over 1 lakh in Aug
Folios are numbers designated to individual investor accounts, though one investor can have multiple folios.
Sep 14, 2014, 10:46 AM IST
India's love affair with gold may be over
Kiran Laxman Salunkhe used to buy jewellery during religious festivals, but sliding gold prices have led the young farmer to break with his family`s traditional investment.
Sep 12, 2014, 07:49 AM IST
Mutual Funds buy Rs 6,000-cr shares in August
Improved market sentiment helped Mutual Funds to pick up shares worth close to Rs 6,000 crore in August, making it the highest monthly inflow in more than six-and-a-half years.
Aug 31, 2014, 10:44 AM IST
FIIs' Sensex ownership hits record high of 22.5% in June quarter
Foreign Institutional Investors' ownership in Sensex hit all-time high of 22.5 percent in the June quarter, a report says.
Aug 27, 2014, 20:42 PM IST
Asian equities receive $3 billion in Aug; India corners $700 million: HSBC
Foreign institutional investors reduced the pace of funds flow into Asia in August, but India is still among those countries in the region that received the maximum inflows during the month, an HSBC survey says.
Aug 27, 2014, 13:17 PM IST
MFs rope in KPMG to comply with new US tax law
Indian mutual funds have roped in global consultant KPMG to help them prepare for the Foreign Account Tax Compliance Act (FATCA) - a new law enacted by the US to help combat tax evasion by Americans through overseas entities including in India.
Aug 26, 2014, 13:55 PM IST
MFs equity folio count rises by over 48,000 in July
Equity mutual funds witnessed an addition of more than 48,000 investor accounts, or folios, in July helped mainly by a sharp rise in stock market.
Aug 24, 2014, 12:06 PM IST
Mutual Funds buy shares worth Rs 5,000 crore in July
Improved market sentiment helped Mutual Funds pick up shares worth over Rs 5,000 crore in July, making it the highest monthly inflow in six-and-a-half years.
Aug 17, 2014, 13:37 PM IST
Investors pour in Rs 1 lakh cr in mutual fund schemes in July
As per the latest data available with the Securities and Exchange Board of India, there was a net inflow of Rs 1,13,216 crore in July.
Aug 13, 2014, 14:38 PM IST
Investors pull out Rs 60,000 cr from MF schemes in June
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.
Jul 30, 2014, 14:04 PM IST
Mutual funds' equity folio count rises by 84,000 in Q1 FY15
Folios are numbers designated to individual investor accounts, though one investor can have multiple folios.
Jul 29, 2014, 15:51 PM IST
Small & mid-cap funds beat benchmarks by a wide margin
Small and mid-cap funds have beaten the benchmarks as well as large funds in terms of returns, according to an industry report.
Jul 27, 2014, 12:40 PM IST
FinMin may tweak proposal to double tax on debt Mfs
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.
Jul 20, 2014, 19:09 PM IST
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.
Jul 17, 2014, 15:03 PM IST
Post-Budget, MFs fear redemptions worth Rs 2 lakh crore
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.
Jul 16, 2014, 15:30 PM IST
Birla Sun Life-ING deal gets Competition Commission approval
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.
Jul 15, 2014, 22:29 PM IST