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......
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 & 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......
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 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......