Reliance Capital to double market capitalisation in 3-4 yrs: Ambani
Besides Reliance Capital, which has applied for universal banking licence, would explore all opportunities in the banking space.
Sep 30, 2014, 14:56 PM IST
Reliance MF to launch India-focussed funds abroad
RCAM is part of Anil Ambani-led business conglomerate Reliance Group's financial services arm Reliance Capital.
Sep 29, 2014, 12:53 PM IST
SBI MF aims at Rs 90,000 cr AUM mark, top 5 ranking by FY '15
SBI Mutual Fund is eyeing entry in the top-5 club of the domestic mutual fund sector by financial year 2015.
Sep 11, 2014, 20:09 PM IST
MFs exposure to bank stocks hits record high of Rs 56.6K cr
Mutual fund (MF) managers raised their exposure in bank stocks to all-time high of over Rs 56,600 crore in August, making it the seventh consecutive monthly rise in capital infusion.
Sep 11, 2014, 15:24 PM IST
Investors put in Rs 1 lakh cr in mutual fund schemes in August
Investors have pumped in over Rs 1 lakh crore in various mutual fund schemes in August, making it the second consecutive monthly inflow.
Sep 09, 2014, 13:42 PM IST
MF assets rise by Rs 6,300 crore to Rs 10.12 lakh crore in August
The asset base of mutual fund industry rose by more than Rs 6,300 crore to Rs 10.12 lakh crore in August boosted by inflows in equity funds.
Sep 08, 2014, 16:16 PM IST
HDFC, ICICI, Prudential among top 3 fund houses, says report
Top three positions continue to be captured by the same three fund houses namely HDFC, ICICI Prudential Asset Management Company and Franklin Templeton during the past three years, according to the third Annual Wealth Forum Advisor Confidence Survey report.
Aug 19, 2014, 20:31 PM IST
FinMin to give in-principle approval for UTI MF IPO soon
Country oldest fund house UTI Mutual Fund may revive its initial public offer (IPO) plan after Finance Ministry's nod which is expected soon.
Aug 18, 2014, 16:13 PM IST
Religare Iveasco Mutual Fund launches open-ended income scheme
Asset management company Religare Invesco Mutual Fund has launched an open-ended income scheme Religare Invesco Corporate Bond Opportunities Fund.
Aug 15, 2014, 00:55 AM IST
India exempts debt mutual funds from new tax for a short period
He also increased the long-term capital gains tax rate on debt-linked mutual funds to 20 percent from 10 percent.
Jul 25, 2014, 15:29 PM IST
No retro tax on debt Mutual Fund: Arun Jaitley
Jaitley said that higher tax on debt mutual funds will apply prospectively from July 10.
Jul 25, 2014, 12:56 PM IST
Government to not retrospectively tax debt fund investors
The government will not retrospectively tax debt fund investors, as per Zee news sources.
Jul 24, 2014, 16:16 PM IST
Investors pump in Rs 54,000 cr in mutual fund schemes in FY14
Investors pumped in nearly Rs 54,000 crore in various mutual fund schemes in 2013-14, 23 percent lower than the amount infused by them in the preceding fiscal, the Economic Survey said Wednesday.
Jul 09, 2014, 19:41 PM IST
Mutual Fund industry AUM rises by Rs 80,000 cr in Apr-Jun qtr
Improved market sentiments helped mutual funds' assets under management (AUM) soar by Rs 80,000 crore or nine percent to Rs 9.85 lakh crore in the first quarter of the current fiscal.
Jul 02, 2014, 14:14 PM IST
