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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
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
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…
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…
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
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…
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
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
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…
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
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…
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…
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
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
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…
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…
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…
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 …