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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
12 equity-oriented thematic MFs launched in the last 6 months
12 equity-oriented thematic MFs launched in the last 6 months
Bhakti Makwana
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…
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…
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
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…
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…
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…
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.…
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…
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…
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…
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
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…
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
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…
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…
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…
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…
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…