Idbi Principal Amc

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IDBI Bank to seek MF licence from Sebi

After getting the go-ahead from the Reserve Bank of India (RBI), IDBI Bank is all set to apply to the Securities and Exchange Board of India (Sebi) for a mutual fund licence.According to sources,......

Overseas doors wide open for MFs

Investors can now park money in practically all overseas firms via domestic mutual funds. The removal of this key deterrent will encourage investment in the funds. Other incentives proposed by the......

Birla Sun Life AMC on the prowl

Birla Sun Life Mutual Fund, which manages assets over Rs 9,000 crore (Rs 90 billion), is eyeing acquisition and targets to grow by over 30 per cent this fiscal."We are always on the look out to......

Principal buys IDBI pie in AMC for $20 million

The Principal Financial Group on Tuesday announced that its subsidiary, Principal Financial Group (Mauritius) Ltd, has reached an agreement with the Industrial Development Bank of India to purchase......

Biggies pour cash into mutuals

Corporates and high networth individuals have invested nearly Rs 4,190 crore (Rs 41.9 billion) in 134 mutual fund schemes, making up about 25 per cent of the total assets under management of these......

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Idbi Principal Amc

News for Idbi Principal Amc

IDBI Bank to seek MF licence from Sebi

Overseas doors wide open for MFs

Birla Sun Life AMC on the prowl

Principal buys IDBI pie in AMC for $20 million

Biggies pour cash into mutuals

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