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Lic Nomura Mf

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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......

LIC likely to exit mutual fund JV with Nomura

The company seeks finance ministry’s nod; could also cut stake in housing finance business As part of its new strategy on non-core businesses, Life insurance Corporation is considering......

Investors in 'Bharat-friendly' funds to pay more

Pray that your fund house doesn't have a strong presence in the hinterland. For, the greater its reach across the country, the higher you will have to shell out on your mutual fund investments......

Hyundai Gears Up For Rs 27,856 Crore IPO

India's second-largest passenger vehicles firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960. IMAGE: Hyundai Motor India Managing Director Unsoo Kim,......

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......

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