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Lic Nomura Mutual Fund

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LIC Nomura MF hopes to garner Rs 100 cr from RGESS

LIC Nomura Mutual Fund hopes to garner around Rs 100 crore (Rs 1 billion) from around 20,000 retail investors under its newly launched Rajiv Gandhi Equity Savings Scheme (RGESS)."We hope to garner......

Japanese financial firms develop a yen for India

Just a fortnight ago, Japan's financial powerhouse, Nomura, bought a 35 per cent stake in LIC Mutual Fund in a deal that values the Indian firm at Rs 800 crore (Rs 8 billion). Nomura, which in......

Nomura to buy 35% in LIC Mutual Fund

Japan's Nomura Group is set to acquire 35 per cent in LIC Mutual Fund, India's seventh largest mutual fund, after the board of directors of Life Insurance Corporation approved a proposal to induct......

Sebi warns MFs over breaches

The Securities and Exchange Board of India (Sebi) has pulled up the mutual fund (MF) sector for not complying with the ‘20-25’ minimum exposure norm and for misuse of funds meant for......

'Foreign funds are unlikely to exit India'

The markets have been on a downward spiral amid fear of the US Federal Reserve winding down quantitative easing as its economy sputters to life. Nobutaka Kitajima, chief investment officer --......
  Web results for Lic Nomura Mutual Fund
FIIs favour equities for 11th month running

Foreign portfolio investors (FPIs) continued to pour dollars into domestic equities for the 11th consecutive month in July, equaling a recent... ...

http://www.mydigitalfc.com/news/fiis-favour-equities-11th-month-running-873
FM offers only partial tax relief for investors in debt MFs

NEW DELHI: Finance Minister Arun Jaitley had some cheerful news for investors in debt-oriented mutual funds who had sold their holdings ahead of... ...

http://economictimes.indiatimes.com/news/economy/policy/jaitley-offers-only-partial-tax-relief-for-investors-in-debt-mfs-says-govt-committed-to-lower-taxes/articleshow/39004910.cms
MFs

Mumbai, July 25: The mutual fund industry on Friday termed Finance Minister Arun Jaitely's clarification on the long-term capital gains tax for... ...

http://www.thehindubusinessline.com/markets/stock-markets/tax-concessions-on-debt-funds-only-a-minor-relief-mfs/article6249898.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
MF industry

Mutual Fund industry today termed as 'partial relief' the government's decision to exempt debt mutual funds sold between April 1 and July 10 this... ...

http://www.business-standard.com/article/pti-stories/govt-concessions-to-debt-funds-a-partial-relief-mf-industry-114072501043_1.html
MF Industry Finds Budget A Mixed Bag

The mutual fund industry welcomed the budget proposal to increase the tax exemption limit under section 80C of the Income Tax Act to Rs. 1.5 lakh,... ...

http://www.afternoondc.in/business-investment/mf-industry-finds-budget-a-mixed-bag/article_114843

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