With pressure rising, fund managers play safe

Indian fund managers are again under pressure. Amid global turmoil and persistent fear of redemptions from domestic retail investors, fund houses are playing safe by increasing their cash holdings......

MFs cut stake in most BSE-500 firms

Mutual funds scaled down their exposure in more than half of the BSE-500 companies in the quarter ended March on a sequential basis.The index comprises largecap as well as midcap stocks.Data......

Global ETF attraction reaches India

Exchange-traded funds, which have attracted a lot of investor attention globally, are also beginning to take off in India.An ETF is an investment fund traded on stock exchanges, much like stocks.......