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5 mins read
Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms
The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…
2 mins read
Aditya Birla Sun Life AMC IPO: Here’s how to check allotment status
The mutual fund company Aditya Birla Sun Life AMC is likely to announce the allotment of its initia…
2 mins read
Aditya Birla Sun Life AMC IPO allotment starts tomorrow, IPO was subscribed 5.25 times
The mutual fund company Aditya Birla Sun Life AMC is likely to announce the allotment of its initia…
3 mins read
Aditya Birla Sun Life AMC IPO’s last day to subscribe, grey market indicates ₹20 premium
So far, in the first two days of subscription, the IPO has received a tepid response from all ca…
1 min read
Shares of Aditya Birla Sun Life AMC sees a tepid listing, opens at 2% premium
Shares of Aditya Birla Sun Life AMC IPO made a weak listing on stock exchanges as it debuted with 2…
2 mins read
Aditya Birla Sun Life AMC IPO: How to check for your refund if you have not received the allotment
Investors have bid for 14.59 crore shares against the 2.77 crore shares on offer. The IPO has re…
3 mins read
Aditya Birla Sun Life AMC’s ₹2768 crore IPO will open on September 29
The mutual fund company will be the fourth fund house to get listed on exchanges. So far, HDFC A…
1 min read
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…
3 mins read
Aditya Birla Sun Life AMC IPO opens today, analysts bet high on the growing mutual fund industry
The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening today, September 29, and …
2 mins read
India’s mutual fund industry gets its hands on blockbuster IPOs like Paras Defence and others for ₹1500 crore in September
The ₹37 trillion mutual fund (MF) industry has together invested about ₹15.89 billion in five newly…
3 mins read
Aditya Birla AMC IPO’s grey market premium stands at ₹70 per share; up 10% from issue price band
The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening on Wednesday, September 2…
2 mins read
Sensex rises over 100 points in early trade, Nifty hits 18,000 for the first time — Maruti, NTPC, PowerGrid top gainers
Later, NSE Nifty hit the 18,000-mark. This is the first time the index has hit the milestone. …
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…
4 mins read
Tax hit on debt funds is just the latest punch to reeling mutual fund companies
The latest hurdle that shook the mutual fund companies was an amendment in the Finance Bill that pr…