A point to remember is that the entry load is waived, only if I go through the fund's official website. Purchases through any other website will attract the entire entry load.
The country's leading fund manager UTI Mutual Fund is likely to enter the capital market with its public issue by the end of current fiscal and has already got the approval from its board for the IPO.
International Finance Corporation, the private equity venture of the World Bank Group, DEG, one of the largest European development finance institutions, are eyeing a stake in State Industrial Corporation of Maharashtra.
AMC Engineering College invites applications to its Bachelor of Engineering courses.
Sebi had also ordered the fund house to compensate investors who had redeemed their units since the date of allotment of shares in the I-Sec IPO.
Unlike most MF distributors in India, Paytm Money will be offering low-cost direct plans, which don't charge for distribution expenses
Funds collected by the mutual fund will be invested in gold and hence the net asset value of the ETF will be largely dependent upon price of gold minus the administrative costs of the AMC and the mutual fund.
Fund houses' tie-ups with the postal department for marketing their schemes through post offices are yet to take off in a bigger way.
Get your basics right with these terms explained.
The US retailer hopes to triple its sourcing from India by 2010 and touch the $1 billion mark. The retailer has been running a sourcing operation, Target Sourcing Services/AMC, in India since 1975.
Our advice to investors remains the same - ignore serial NFOs on the equity side and instead focus on the well-established funds with a proven track record over the long term.
The requirement of PAN for every purchase will add to the confusion for investors. Here's why.
2006-07 saw mixed returns for mutual funds. Compared with the previous financial year, the returns have declined, mainly due to a fall in the stock prices. The net asset value of most equity funds fell nearly 10 per cent since January 2007.
It is a close-ended plan for a period of three years from the date of allotment of units, and will be converted into an open-ended one at the end of this tenure
The death toll climbed to 15,301 with 407 new fatalities, according to the Union health ministry data.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
As daily testing of samples of blood and throat and nose swabs crossed two lakh for the first time since the outbreak of the pandemic, over 14,000 new coronavirus cases were registered in the country for the fifth day in a row to take the total count to 4,56,183, according to the Union Health Ministry data.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Even optimists suggest a tempering of expectations and there may still be room for a fall.
When it comes to making investments in mutual funds, it all boils down to which fund to invest in.
With market regulator SEBI having no objection, leading mutual funds including UTI AMC are now awaiting Reserve Bank's nod to invest in the equity of Fortune-500 companies.
Property giant Dalian Wanda Group Co said on Wednesday it would buy a stake in Spanish soccer champions Atletico Madrid for 45 million euros ($52 million), becoming the first Chinese company to invest in a premier European football club.
Retail investors have matured and have moved away from investing in only in-vogue products, says the managing director and chief executive officer of ICICI Prudential AMC.
Jayesh Gandhi, Fund Manager, Birla Mutual Fund says that they have exposure to Allahabad Bank, IOB, PNB and Union Bank.
Should you invest in mutual fund IPOs? Check this out.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The victory is seen as a huge boost to Chief Minster Narendra Modi, who has been plagued by dissidence within the state unit.
This feat was achieved 25 years after the mutual funds industry was opened to private players. The industry now aims to achieve the next Rs 25 trillion in 5 years.
While its operating radius remains secret, a back-of-the-envelope calculation indicates it can easily strike targets 1,000 kilometres away and return to base.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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