Investing in a mutual fund scheme is about trusting your fund managers to invest your money in winning sectors and related companies to deliver better returns.
Vedanta, Tata Power, Bank of Baroda and UPL were some other prominent shares in which mutual funds sold their stakes in February
Serious complaints are manipulation in application forms, malpractices followed in marketing units, funds and serious deficiencies in services provided by distributors, among others
Both funds will invest 95-100 per cent of its net assets in government securities (G-Sec), mirroring the underlying benchmark indexes.
The NFO of SBI Dividend Yield Fund was opened during February 20 to March 6, and it will reopen for subscriptions on March 17, the company said in a statement
IDFC Asset Management Company was acquired by the consortium, which comprises Bandhan Financial Holdings Limited, GIC, and ChrysCapital
The scheme will invest in an overseas fund with exposure to 0-1 year US treasuries through the JPMorgan BetaBuilders US Treasury Bond 0-1 year UCITS ETF. The fund will be benchmarked against the ICE 0-1 Year US Treasury...
The rebranding marks a new chapter in the fund house’s journey, and starting Monday, investors can access its new website, bandhanmutual.com.
The open-ended exchange-traded fund will track S&P BSE Sensex TRI. The minimum investment is Rs. 5,000, and the new fund offer will remain open till March 15,...
A total of 27 schemes were launched in February 2023, raising Rs. 7,187 crore. The number of new systematic investment plans registered in the month was a...
Investors continue to invest in a disciplined manner, countering the volatility in stock markets arising out of Foreign Portfolio Investor (FPI) outflows
With a meagre 9.81 per cent representation, women still remain drastically under-represented among the ranks of mutual fund managers, Morningstar said
Women fund managers make up only about 9.81 per cent of the total number of mutual fund managers in the Indian mutual fund industry. But their numbers are...
The open-ended debt scheme will invest in debt and money market instruments. The minimum investment will be Rs 5,000 and in multiples of Re. 1
Sebi asks mutual funds not to mislead customers by indirectly promising guaranteed returns. It has come to the regulator’s notice that some asset management...
Asset Management Companies have been asked not to indulge in these practices in near future
The open-ended target maturity index fund will track Crisil IBX Gilt Index June 2027. The new fund offer will close on March 27, 2023
Expressing concerns, Sebi has asked the AMCs to keep the B-30 incentive structure in abeyance till they put in place effective controls to identify and address...
The company hopes to create a “tech-driven, multi-channel approach” to serve investors across various geographies, it said.
Capital markets regulator Sebi on Tuesday barred 21 entities, including Axis Mutual Fund's former fund manager Viresh Joshi, from the securities market...
In the near future, brokers may not be able to mislead investors into investing in mutual funds that charge higher management costs. Sebi is considering...
Linking your PAN with your Aadhaar and submitting your selection of nominations for your mutual fund portfolio is a must before March 31, 2023. Failure to do...
The rise in India’s per capita income over the past 15 years was driven by sharp growth in private consumption, which currently accounts for 55 per cent of...
In its circular on Wednesday, the capital market regulator noted that cybersecurity incidents are growing in frequency and sophistication.
SBI Dividend Yield Fund will invest in a mix of equity and equity-related instruments of divided yielding companies. New fund offer will close on March 6,...
