Net flows in debt mutual funds increase to 94224 crore
The net monthly flows in debt mutual funds rose from `43,431 crore in April 2020 to `94,224 crore in May
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Franklin Templeton mutual fund may take over 5 years to return some fund to customers
Franklin Templeton’s India investors may have to wait over 5 years to fully recoup their money, the asset manager said
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SBI Mutual Fund nudges ahead of HDFC Mutual Fund
With total assets under management (AUM) of Rs 3.82 lakh crore, SBI Mutual Fund topped HDFC Asset Management in January
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Tata Mutual Fund introduces new scheme, ‘Tata Multi Asset Opportunities Fund’
Tata Mutual Fund has recently introduced ‘Tata Multi Asset Opportunities Fund’, which will invest in exchange traded commodity derivatives. The
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PPFAS Mutual Fund opens new branches in Bengaluru & Pune
PPFAS Mutual Fund has recently opened two new branches in Bengaluru and Pune. Overall, the Fund has now three branches
Read moreKotak World Gold Fund & Kotak US Equity Fund merge into Emerging Markets fund
While investing in Emerging Markets, Kotak Mutual Fund has made announcement of a merger between Kotak World Gold Fund and
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UTI, Nippon India Mutual Fund decides to create segregated portfolio
UTI Mutual Fund and Nippon India Mutual Fund have taken the decision to develop a segregated portfolio. Net debt at
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IDFC Mutual Fund launches IDFC Emerging Businesses Fund
IDFC Asset Management Company (AMC) has announced the launch of IDFC Emerging Businesses Fund, which is an open-ended equity fund.
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Sundaram Mutual Fund launches Balanced Advantage Fund
Sundaram Mutual Fund launched a dynamic asset allocation fund called Sundaram Balanced Advantage Fund on February 14, which remained open
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Finance Ministry exempts mutual funds from foreign investor
The finance ministry has recently allowed exemptions to mutual funds from being categorized as foreign investors. The status would have
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