At the start of 2016, HDFC Bank, Infosys, ICICI Bank, L&T and Axis Bank were the top five picks of fund managers
The total AUM rose 40 per cent or Rs 6.3 lakh crore, to Rs 23 lakh crore at the end of November.
At the young age of 15, Wang joined the People's Liberation Army as a guard.
UTI Mutual Fund, said on Thursday that it plans to launch an offshore fund worth $50 million, which would offer both equity and debt schemes.
Most large fund houses, such as HDFC MF, ICICI Prudential AMC, Reliance MF, Reliance MF, Birla SunLife MF and SBI MF, have the backing of large banks or financial institutions, giving them reach and understanding, they say.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The Rs 4,200 crore (Rs 42 billion) Murugappa group is toying with the idea of including a foreign strategic partner in its mutual fund arm Cholamandalam AMC, which plans to double its business to Rs 2,500 crore within a year.
This was the second consecutive yearly outflow from such funds.
In 2013-14, the funds witnessed outflow of Rs 2,293 crore
InterGlobe Aviation has already raised Rs 832 crore from anchor investors.
If you want to invest in mutual funds, but don't want your investment to dip below market returns, then you must know the difference between 'active' and 'passive' investing.
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
"We are going to contest assembly elections in Uttar Pradesh," All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi said.
Since many of Modi's urban policies were initiated in Ahmedabad, the city may act as a template to examine what can be expected in a country that is witnessing the biggest migration from rural to urban areas in the world
Since you are betting only on a few stocks, the risks are high.
A look at the top tweets from your favourite Bollywood celebrities:
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The country's 44 fund houses together had an average AUM of Rs 9.85 lakh crore during April-June quarter of 2014-15, up from Rs 9.05 lakh crore (Rs 9.05 trillion) in the preceding three months, according to the latest data available with Association of Mutual Funds in India.
'You need to be careful about this.' 'Growth without fundamental principles is like fat.' 'Growth with good base and fundamentals is like muscles.'
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
Market regulator, the Securities and Exchange Board of India, has set out five broad categories for mutual fund schemes, including equity, debt and hybrid funds that will benefit investors, says Ashley Coutinho
The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.
International education consultant NNS Chandra shares advice on how to pick the right international education.
EPFO manages a huge corpus of over Rs 6 lakh crore (Rs 6 trillion).
Taking exception to Health Minister Harsh Vardhan not mentioning the death of healthcare workers due to Covid-19 in his statement in Parliament, the Indian Medical Association has published a list of 382 doctors who died due to the viral disease and demanded that they be treated as "martyrs".
In a growth market, these funds should not form more than 10-15% of your portfolio. Invest with a horizon of at least 5 years
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
'The better developers are seeing good demand (for their housing projects). There are consumers who are buying houses.'
When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.
After HCL Infosystems, another IT major Wipro has decided to shut down its manufacturing of computers and servers due to changing market scenario and consumer preferences.
TCS tops the list of 100 wealth creators for the fourth time in a row
Though the sum was nowhere close to the big-ticket monthly purchases seen during the 2004-2008 bull run, it is significant, as it confirms the reversal of a selling spree that began in September 2013.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
If your fund's expense ratio has risen dramatically after Sebi's recent changes, compare it with the category average before switching.
How investors can tweak their fixed income investments to earn more in the current environment.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
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