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.
The MF Industry had a cash-rich 2014 as it crossed the Rs 3 trillion mark.
Younger people, who usually have a longer investment horizon which allows them to handle the interim volatility, may go for them.
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The market regulator is wielding an unprecedented level of control over how mutual funds operate, delaying new launches and dictating investment strategy, frustrated insiders in the embattled industry say.
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 Kriplani.
In last few years, a number of global players have exited the Indian mutual fund business.
We are very positive on emerging markets, says John Praveen, MD, Prudential Investment Advisors.
Exodus of top managers an unintended side effect of roaring MF industry
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run
Nine lenders have exposure to the promoter entities and had taken listed operating companies' shares as collateral from the promoter companies.
Mutual fund houses hold Rs 3,400 crore of Yes Bank's 'riskier' bonds. Reliance MF, Franklin Templeton MF and UTI MF account for bulk of these exposures.
Take a call to stay put or opt our based on whether you think the company will be able to find a strategic investor, suggests Sanjay Kumar Singh.
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
