Reliance Capital Q3 net profit rises 28% at Rs 213 crore
Financial services major, Reliance Capital today reported 28 percent rise in its third quarter net profit at Rs 213 crore on robust growth in insurance and mutual fund businesses.
Feb 12, 2015, 15:26 PM IST
MF exposure to banking stocks surges to Rs 76,000 crore in January
Continuing with their bullish stance on banking stocks, mutual fund managers raised exposure to the sector to a historic high of over Rs 76,000 crore in January.
Feb 11, 2015, 14:44 PM IST
Institutional investors' MF asset up 21% to Rs6 lakh cr in Dec
Institutional investors' mutual fund asset base increased by 21 per cent to over Rs 6 lakh crore in the first nine months of the current fiscal.
Feb 09, 2015, 14:37 PM IST
Individual investors' asset base rises by 32% to Rs 5.24 lakh crore
Individual investors have increased their assets base by 32 percent over the last nine months of the current fiscal year (2014-15) to Rs 5.24 lakh crore.
Feb 05, 2015, 14:54 PM IST
MF houses expect 50 bps cut in policy rates in 2015
As the RBI maintained a status-quo on interest rates on Tuesday, mutual fund houses said they expect the central bank to cut policy rates by 50 basis points in the next few months in view of improving macro-fundamentals.
Feb 03, 2015, 21:19 PM IST
CPSE ETF to hit mkts by March; may fetch Rs 5,000 crore
The Finance Ministry is planning to offer the second tranche of CPSE Exchange Traded Fund (ETF) by the end of March, which may fetch Rs 5,000 crore to the exchequer.
Feb 03, 2015, 16:22 PM IST
MFs asked to stop dividend re-investments in tax-saving scheme
Mutual fund houses have been asked not to reinvest dividend amounts under their respective 'Equity Linked Saving Scheme (ELSS)' products.
Jan 13, 2015, 20:51 PM IST
ICICI Prudential MF launches equity fund
ICICI Prudential Mutual Fund has launched a three-and-a-half-year close ended fund that aims to provide capital appreciation by investing in equity and related securities.
Jan 08, 2015, 21:05 PM IST
Reliance Cap expects turnaround in insurance biz in 2015
Confident about further growth in its mutual fund and securities market businesses, financial sector conglomerate Reliance Capital expects a turnaround in its life insurance business as well in 2015.
Jan 04, 2015, 13:33 PM IST
RCap board to consider alliance with foreign partner Thursday
Anil Ambani group firm Reliance Capital, a diversified financial services entity, already has Japan's Nippon as a significant partner in its mutual fund business.
Dec 24, 2014, 18:55 PM IST
Sebi allows non-demat MF transactions through stock exchanges
The move comes over one year after Sebi allowed MF distributors to use stock exchange infrastructure for mutual fund transactions through demat accounts in October 2013.
Dec 10, 2014, 23:24 PM IST
Mutual fund folio count rises by 3.5 lakh in FY'15 so far
Driven by addition in equity fund folios, mutual fund houses have registered a rise of over 3.5 lakh investor accounts in the first eight months of the ongoing 2014-15 fiscal.
Dec 05, 2014, 16:45 PM IST
Kotak Mahindra-PineBridge mutual funds deal gets CCI approval
Kotak Mahindra Mutual Fund's proposed acquisition of schemes run by PineBridge Mutual Fund has received nod from the Competition Commission.
Nov 28, 2014, 21:01 PM IST
Mutual Fund folio count rises by 2 lakh in FY'15
Giving the reason for such rise in retail folios, industry officials said the growth is mainly due to addition in equity folios, which was supported by sharp rally in the stock markets.
Nov 23, 2014, 12:05 PM IST
SBI MF to launch two more ETFs by the end of the fiscal
SBI Mutual Fund (SBI MF) Wednesday said it plans to launch two more exchange-traded funds (ETF) to ramp up its bouquet of such offerings by the end of the fiscal, for which regulatory approvals are already in place.
Nov 19, 2014, 21:14 PM IST
MFs' exposure to bank stocks surges to Rs 63,000 cr in Oct
Mutual fund managers raised their exposure in bank stocks to an all-time high of nearly Rs 63,000 crore in October this year amid a rally in the stock market.
Nov 12, 2014, 14:22 PM IST
Mutual fund asset base at record high of Rs 11 lakh cr in Oct
The mutual fund industry's assets under management (AUM) climbed to record high of nearly Rs 11 lakh crore in October on the back of strong capital inflows and surge in equity markets.
Nov 10, 2014, 18:10 PM IST
MF's exposure to bank stocks drops to Rs 55,398 cr in Sept
Mutual fund (MF) managers dropped their exposure in bank stocks to Rs 55,398 crore in September, after raising it for seven consecutive month.
Oct 27, 2014, 14:53 PM IST
MF investments in IT stocks hit all-time high in Sept
The mutual fund industry is betting big on software companies as its equity exposure to the sector climbed to a fresh all-time high of around Rs 32,000 crore at the end of September.
Oct 26, 2014, 11:08 AM IST
MFs' assets jump over 7% to new high of Rs 10.6 tln in Q2
The Mutual fund industry's total assets under management (excluding fund of funds) rose 7.24 percent to a new record high of Rs 10.59 trillion in the September quarter, boosted by a surge in equity plans and gains in short-term debt schemes.
Oct 07, 2014, 23:40 PM IST
