When Franklin Templeton's India unit wanted to launch a mutual fund that would switch allocation among stocks, bonds, gold and money markets, the Securities and Exchange Board of India baulked,......
After life insurance, DLF Ltd is foraying into asset management by offering local and global mutual funds through a joint venture with Prudential Financial Inc of the United States. DLF will hold......
Exodus of top managers an unintended side effect of roaring MF industry Illustration: Uttam Ghosh/Rediff.com The mutual fund (MF) industry has never had it better. Assets are growing at a......
'We expect calendar year 2017 to be a benign year for FII investments in India, surpassing those in the past two years. This is based on the premise that India's macro remains strong, in terms of......
Among individual fund houses, SBI MF was the biggest gainer in absolute terms; its AAUM rose Rs 66,090 crore, compared to its asset base in the corresponding period of FY18, reports Jash......