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12 equity-oriented thematic MFs launched in the last 6 months
12 equity-oriented thematic MFs launched in the last 6 months
Bhakti Makwana
Some mutual fund houses cut down expense ratio on Nifty 50 ETFs to benefit passive investors
The other notable names in the category consists of SBI Nifty 50 ETF, UTI Nifty 50 ETF and Nippon I…
PTI
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…
Cyient DLM IPO subscribed 2.65X on day 1 with good response from retail investors
Cyient DLM, a circuit board manufacturer, witnessed strong demand for its public issue on the first…
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…
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…
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
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…
MF industry asset base up marginally in March qtr; SBI MF largest fund house
Commenting on the performance, Ashwani Bhatia MD and CEO, SBI MF said, "Over the years, we have bu…
PTI
Sebi slaps Rs 5 lakh on ICICI Pru Trust, ICICI Pru AMC for not exercising due diligence
New Delhi, Dec 24 () Markets regulator Sebi has imposed a total penalty of Rs 5 lakh on ICICI Prude…
PTI
RBI MF liquidity window to improve investor confidence, calm down corp debt mkt: Experts
The RBI further said funds availed under the SLF-MF should be used by banks exclusively for meetin…
PTI
India Shelter Finance IPO subscribed 1.48x times on day 1 Q
Affordable housing company India Shelter Finance Corporation’s IPO was subscribed to 1.48 times the…
White Iris Investment divests 4.5% stake in Apollo Tyres worth Rs 1,281 cr
Edelweiss Mutual Fund (MF), UTI MF, ICICI Prudential MF, Nippon India MF, Invesco MF, Societe G…
PTI
Cyient DLM lists at 51% premium beating grey market expectations
Cyient DLM, a circuit board manufacturer, made its debut on the stock market with a 51% premium to …
Cyient DLM IPO subscribed 67x on final day as QIB bidding surges
The IPO of circuit board maker Cyient DLM was subscribed 67 times on the last day of the issue. The…
Cyient DLM IPO subscribed 7.6x on day 2 even with tepid QIB demand
The public issue of circuit board maker Cyient DLM was subscribed 7.6 times on day 2, with the reta…
Kotak Flexicap Fund: Too big to be flexible?
First, let us understand what a flexicap fund is. Flexicap funds are mutual funds that have the fle…
Bikaji Foods raises ₹262 crore form anchor investors; over 40% shares bought by mutual funds
FMCG company Bikaji Foods International raised ₹262 crore from anchor investors, the company said o…
Kaynes Technology debuts at 32% premium on exchanges, tops grey market expectations
Shares of Mysore-based Kaynes Technology on Tuesday listed at ₹775 per share, marking a 32% premium…
Here’s why L&T Finance may have sold its mutual fund business so cheap
Shares of L&T Finance Holdings slipped 7% because the street felt that the company sold its mut…