mutual fund
Small investors shy away from MF
Mumbai: The mutual fund industry’s asset under management rose to an all time high of Rs 8.68 lakh crore as at the end of May on the back of strong inflows into the income funds and liquid fund schem
Sebi plans extensive reforms of IPO, MF rules
Market regulator Sebi will consider wide-ranging reforms in its regulations for mutual funds and initial public offers (IPOs), including a 'safety net' guarantee and tax incentives for new investors.
Reliance Capital gets RBI nod for mutual fund biz stake sale
The Reserve Bank of India has approved Anil Ambani-led Reliance Group's Rs 1,450-crore stake sale in its mutual fund business unit to Japan's Nippon Life.
The diversified conglomerate's financial ser
Fidelity in talks to sell India mutual fund biz: Report
Fidelity Investments is in talks to sell its India mutual fund business, a report on the Economic Times website said citing a person with direct knowledge of the development.
Fidelity is seeking a va
