Don't run after sectoral funds
Sectoral funds shot up in 2014, but you need to be careful when investing in them.
Sebi norms soon on algo trading
PTI | 23 Jan 2015, 16:58Sebi will come out with a fresh set of guidelines soon to curb very high order-to-trade ratio taking place through algo trading, its chairman U K Sinha said today.
Mutual fund houses asked to stop dividend re-investments in tax-saving scheme
PTI | 22 Jan 2015, 12:02Mutual fund houses have been asked not to reinvest dividend amounts under their respective 'Equity Linked Saving Scheme (ELSS)' products.
Value investment mutual funds to increase in 5 years
PTI | 21 Jan 2015, 16:30Mutual funds which follow the "value investment" philosophy comprise merely five per cent of total equity assets under management at present as compared to the USA's 45 per cent mark.
Mutual fund houses can now launch 2 new schemes annually
PTI | 21 Jan 2015, 14:08Market regulator Sebi has notified new rules that allow launch of two new schemes in a year by mutual fund houses with net worth below Rs 50 crore.
Mutual fund exposure to IT stocks drops to Rs 34,000cr
| 21 Jan 2015, 12:12Mutual fund managers slashed their exposure in software stocks to nearly Rs 34,000 crore in December, after raising it for six consecutive months.
Indiabulls AMC launches first real estate fund
PTI | 21 Jan 2015, 12:05Indiabulls Asset Management Company has said it has launched its first real estate fund, which aims to raise Rs 1,000 crore.
Sebi cancels ING Mutual Fund registration
PTI | 20 Jan 2015, 11:26Capital markets regulator Sebi has cancelled the registration of ING Mutual Fund with immediate effect on account of transfer of all the fund house's schemes to Birla Sun Life Mutual Fund.
Use ELSS route to save taxes
TNN | 20 Jan 2015, 06:52These schemes also allow investors to take equity exposure at low risk.
MF equity folio count surges by over 12 lakh in April-Dec
PTI | 19 Jan 2015, 12:13Equity mutual funds witnessed an addition of over 12 lakh investor accounts or folios in the first nine months of the current fiscal (2014-15) in view of sharp rally in the stock market.
LIC Nomura Mutual Fund eyes Rs 10,000cr AUM by March
PTI | 19 Jan 2015, 11:54LIC Nomura Mutual Fund is looking at achieving assets under management (AUM) of over Rs 10,000 crore by March from the present Rs 8,000 crore with a focus on attracting investments through SIP route, a senior company official said.
MFs' online tools can tell how much to save
TNN | 28 Oct 2014, 07:09Individuals as well as corporates canset aside some amount every month to meet periodic outgoes, which are short term in nature. The same could be done for meeting long-term goals as well.
Finance ministry to give in-principle approval for UTI MF IPO soon
PTI | 18 Aug 2014, 18:39Country oldest fund house UTI Mutual Fund may revive its initial public offer (IPO) plan after Finance Ministry's nod which is expected soon.
MF exposure to bank stocks hit record-high of Rs 55,000 crore in July
PTI | 12 Aug 2014, 14:36Mutual fund managers raised their exposure in bank stocks to fresh all-time high of over Rs 55,000 crore in July this year amidst soaring equity market.
Best ways to cut tax under Sec 80C
TNN | 11 Aug 2014, 07:04Before you start planning your investments, find out if you actually need to invest more.
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