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1 min read

HDFC MF gets Reserve Bank nod for raising stake in Federal Bank, Equitas SFB to 9.5%

Reserve Bank has accorded approval to HDFC Mutual Fund to raise its stakes in Federal Bank as well …

PTI   


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1 min read

12 equity-oriented thematic MFs launched in the last 6 months

12 equity-oriented thematic MFs launched in the last 6 months

Bhakti Makwana   


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2 mins read

HDFC MF launches MNC fund that offers portfolio diversification opportunities

HDFC Asset Management Company has launched HDFC MNC, an open ended equity scheme following multinat…

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1 min read

These are the top stocks sold by mutual funds in April

Mutual funds have sold Indian equities worth ₹5,171 crore in April at a time when foreign portfolio…

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1 min read

Yum restaurants India exits Devyani International; sells entire stake of ₹871 crore

Yum Restaurants India on Wednesday sold its entire 4.4 per cent stake in Devyani International for …

PTI   


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2 mins read

HDFC AMC’s Q2 profit after tax grows 6% on year to ₹364 crore

India’s third-largest mutual fund house HDFC Asset Management Company on Wednesday announced a prof…

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5 mins read

HDFC Mutual Fund launches its first non-cyclical consumer fund – Should you invest?

HDFC Mutual Fund has launched the HDFC Non-Cyclical Consumer Fund, an open ended equity scheme. The…

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2 mins read

Zomato becomes a top pick for large mutual fund houses in July

These five mutual fund houses comprise more than 55% of the industry’s total assets under manage…

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6 mins read

Equity MF flows more than double in September as investors buy the dip – ICICI Bank is the MF darling

Equity mutual fund flows more than doubled in September to 14,100 crore from 6,100 crore in August.…

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5 mins read

Not just LIC, 32 mutual fund houses have exposure to Adani Group stocks

A Value Research report shows that 32 asset management companies have exposure to the group comp…

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4 mins read

Inflows into equity mutual funds plunge sharply in November; MFs trim holdings in ICICI Bank, HCL Tech, Kotak Mahindra Bank

Flows into equity mutual fund schemes tanked in November to ₹2,258 crore as against ₹9,390 crore…

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3 mins read

Mutual funds deploy ₹20,700 crore in March with huge buying in RIL, Infosys & HDFC

As inflows into equity mutual funds continue to rise, mutual funds were able to deploy ₹20,700 cror…

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2 mins read

ICICI Pru MF, HDFC MF receive payments from Essel Group

New Delhi, Nov 26 () Two asset management companies -- ICICI Prudential Mutual Fund and HDFC Mutual…

PTI   


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9 mins read

Interest rates on deposits need to go up, say experts, as share of FDs in household financial assets drops

Banks will have to increase interest rates on deposits faster, say experts, as investors turn to ot…

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2 mins read

Rupee gains 57 paise to close at 81.78 against US dollar

Parmar further noted that Spot USD/INR now has the support of 81.70, "the 50 per cent Fibonacci ret…

PTI   


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1 min read

SBI Mutual Fund to come up with an IPO; SBI to sell 6% out of 63% stake via the public issue

India’s largest lender, State Bank of India (SBI) has informed exchanges on Wednesday that SBI Mutu…

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6 mins read

Mutual fund industry to see many mergers in next couple of years, says Aditya Birla Sun Life AMC’s CEO

The ₹36 trillion mutual fund industry, in India, with 44 players may see consolidation happening in…

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4 mins read

India's 'Lehman moment' seems closer than ever as top mutual funds defer dues to investors

When an investor buys a mutual fund, specifically invests in a fund that lends money to corporate b…

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3 mins read

Mutual funds tank up on financial services and retail stocks

Mutual funds raised stakes in the financial services sector as economic activity and consumer deman…

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1 min read

HDFC MF front-running case: Sebi levies Rs 85 lakh fine on 7 entities

New Delhi, Nov 29 () Markets regulator Sebi on Friday imposed a total fine of Rs 85 lakh on seven e…

PTI