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Sbi Mf

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MFs ease exit load to attract investors

The competitive intensity in the mutual fund (MF) industry is moving beyond scheme performance, cost structures, and distribution. Illustration: Dominic Xavier/Rediff In recent months, several......

MFs split on IT revival as outlook improves but uncertainties remain

Fund managers are divided on the prospects for beaten-down information technology (IT) stocks, reflected in the wide variance in equity mutual funds’ (MFs) sector exposure. Illustration: Dominic......

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On......

State Bank of India led MF buys in July with Rs 10,000 crore QIP bet

Mutual funds (MFs) — flush with cash amid record inflows in July — invested heavily in the Rs 25,000-crore qualified institutional placement (QIP) of India's largest lender State Bank of India......

'SBI MF plans six new funds this year'

SBI Mutual Fund (SBI MF), with Rs 22,049.32 crore (Rs 220.49 billion) worth of assets under management as on August 2007, is looking to benefit from the government move to allow public sector......

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