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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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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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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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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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2 mins read

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   


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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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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   


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Manappuram Fin: Sebi disposes of insider trading charges against SBI MF, Aditya Birla Sunlife MF

"I do not find a reasonable and acceptable degree of probability towards proving beyond doubt or ev…

PTI   


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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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1 min read

Adani firm repays ₹1,500 crore to SBI Mutual Fund, Aditya Birla Sun Life

Adani Ports and Special Economic Zone has repaid Rs 1,500 crore loan and will repay another Rs 1,00…

PTI   


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Top stocks to watch — SBI, Ajanta Pharma, PVR, Lupin, Adani Gas, Cera Sanitaryware, and others

Amidst mixed cues from the global markets, the Indian equities are likely to open flat on Wednesday…

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Finance Ministry thinks SBI, PNB, Bank of Baroda are planning to exit UTI MF, but SBI has no clue about it

Earlier, the Finance Ministry had asked state-run banks to look at divesting their noncore assets i…

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SBI Funds Management adopts stewardship code as mandated by Sebi

"We have a fiduciary duty to create long-term value for all our stakeholders. The stewardship code…

PTI   


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Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10 pc in UTI AMC by Dec 2020

New Delhi, Dec 6 () Markets regulator Sebi on Friday directed three public sector financial institu…

PTI   


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3 mins read

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…

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IRM Energy IPO subscribed 75% on day 1 with good retail interest

The initial public offer (IPO) of city gas distribution company IRM Energy was subscribed 75% by th…

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5 mins read

Golden Oldies: The mutual fund schemes that have stood the test of market cycles over 20 years

According to a report by Value Research, ten mutual fund schemes have stood the test of time. Funds…

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3 mins read

Foreign investors continue to bet big on banks and nibbling on small and mid cap stocks

The shareholding pattern of NSE500 stocks has witnessed significant changes in recent months, with …