mutual funds
USD 3 billion offer on table: Yes Bank
Yes Bank is in discussions to raise USD 1.6 billion from six global private equity funds and two domestic mutual funds.
HDFC Life, AMC turn stars of the market
Post listing, the two companies have added Rs 1,60,978.02 crore to HDFC Group’s market cap.
Paytm Money expects its market share in direct MF to increase to 50 pc in 6 months
Currently, its market share in direct mutual fund subscriptions stands at around 40 per cent of total such subscriptions.
Private banks’ share in Mutual fund holdings nears 20 per cent
Mutual funds have now also started buying the Small-Cap and Mid-Cap stocks selectively, said another report.
Mutual funds get a helping hand from FM
Fund managers had no choice but to keep buying same shares at higher levels simply because more money was being brought into mutual funds.
Inflows to equity schemes jump three-times in June: Amfi data
Net flows into the open-ended growth and equity-oriented schemes rose to Rs 7,663.14 crore in June from Rs 4,608.74 crore in April.
Mutual funds' AUM rises over 4 pc to Rs 25.49 lakh crore in June quarter
The total asset base of the industry was Rs 23.04 lakh crore in the same period a year ago.
Sebi issues stricter regulations for mutual funds, promoters pledge
Sebi board took a call on key changes over credit rating firms, promoters’ pledge of shares, liquid funds and royalty payments
Reliance Capital to exit mutual funds biz; sells stake to Nippon Life Insurance
Reliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.
Indian capital market soars despite global, domestic headwinds
The Indian market benckmark indices improved on their own performance in the previous fiscal.