Observing that high courts should refrain from passing directions not implementable, the Supreme Court on Friday stayed the Allahabad high court order relating to management of the COVID-19......
Small and midcap schemes may impose restrictions on redemptions, cap employee withdrawals, and increase the exit load, while ensuring a proportionate liquidation of the portfolio during market......
Several mutual funds (MFs) have recently approached the Reserve Bank of India (RBI) as they renew efforts to increase their overseas investment limit. Illustration: Dominic Xavier/Rediff.com In......
The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). Illustration:......
Amidst growing investor inflows, mutual funds (MFs) are eyeing a larger slice of the banking sector. Photograph: Anindito Mukherjee/Reuters In the past few years, few of the major fund houses have......
Floating-rate mutual funds are back in demand after a year-long period of consistent outflows. Illustration: Uttam Ghosh/Rediff.com In the past three months, investors have poured over Rs 6,100......