Mutual fund houses to remain closed on Budget day
All the mutual fund houses will remain closed on the Budget day, which is a Saturday and weekly off for the fund houses.
MF industry seeks tax sops in Budget 2015
PTI | 23 Feb 2015, 18:35The country's mutual fund industry is seeking tax sops from the forthcoming Union Budget.
Investors return to equity funds: Over 12 lakh equity folios added since April 2014
ET Bureau | 23 Feb 2015, 17:40Equity fund investors are back. After five years of consistent decline and outflows, the mutual fund industry has witnessed a surge in the number of equity folios and net investments in equity schemes.
Cash-rich Equity MFs may stock up amid sell-off in markets
ET Bureau | 23 Feb 2015, 17:22The sell-off in the stock market in the last few of days has given mutual funds' equity schemes, which are sitting on cash, an opportunity to buy.
Fund houses queue up to launch equity schemes on market rally
TNN | 21 Feb 2015, 01:25The primary market may not have seen any revival in fortunes. But mutual funds (MFs) are cashing in on the strong rally in the markets.
Mutual fund companies file papers with Sebi for 25 new offerings
PTI | 20 Feb 2015, 17:51Mutual fund companies have lined up as many as 25 New Fund Offers (NFO) and have filed draft documents for them with market regulator Sebi, mainly on account of sharp rally in the equity markets.
MF investments in software stocks surge to Rs 35,000 cr in Jan
PTI | 19 Feb 2015, 17:00Continuing with the bullish stance on software stocks, mutual fund managers raised their exposure in the sector to a historic high of over Rs 35,000 crore in January this year.
Reliance mutual fund says SIP count up 3-times to 50,000 a month
PTI | 18 Feb 2015, 14:18Showing a strong surge in retail investor interest, top fund house Reliance Mutual Fund has seen the number of its new 'Systematic Investment Plans' grow three-times to 50,000 per month.
Mutual funds see inflow of Rs 2 lakh crore during Apr-Jan
PTI | 18 Feb 2015, 10:53Total investments in mutual fund schemes in the first 10 months of the current fiscal rose to nearly Rs 2 lakh crore on the back of inflows in equity funds.
Union KBC mutual fund to launch scheme with in-built profit booking
PTI | 17 Feb 2015, 11:23Union KBC Mutual Fund today said it will be shortly launching a close-ended equity scheme with a feature of in-built profit booking.
Mutual fund houses plan schemes to cash in on 'Make in India' campaign
PTI | 16 Feb 2015, 15:33Mutual fund houses plan to come up with special schemes focused on the manufacturing sector that is expecting a big boost from the Centre's 'Make in India' initiative.
Yes Bank to enter into mutual fund business next fiscal
PTI | 16 Feb 2015, 15:03Private sector lender Yes Bank today said it will foray into mutual fund business next fiscal through organic or inorganic route.
Sebi plans profiling of major investors to boost surveillance
PTI | 16 Feb 2015, 13:59To strengthen its surveillance activities, capital markets watchdog Sebi is planning to conduct 'profiling' of major investors in different segments of the market to understand their trading patterns and the impact on the market.
Mutual fund equity folio count up by 16 lakh during Apr-Jan
PTI | 16 Feb 2015, 11:56Equity mutual funds witnessed an addition of over 16 lakh investor accounts or folios in the first 10 months of the current fiscal (2014-15) in view of a sharp rally in the stock market.
SBI mutual fund launches SBI Banking & Financial Services Fund
PTI | 12 Feb 2015, 12:00SBI Mutual Fund announced the launch of SBI Banking & Financial Services Fund, an open-ended equity scheme that will invest in companies from the banking and financial services sector.
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