Equity MFs Mop Up Rs 46,700 Crore

New fund offers collection in the current calendar year was the highest in a decade, with 13 of the 70 equity schemes cornering 75 per cent of the amount raised. Illustration: Dominic......

Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

The Rs 84,000 crore domestic fund of funds (FoFs) space, which was in the doldrums over the past 18 months, has now caught the attention of investors due to a change in the tax structure in Budget......

Falling rupee and its impact on global funds

The dollar has strengthened against most currencies. While this helps Indian mutual funds upfront, redeeming in securities other than the US is affected negatively.   The performance of......

ABSL MF's conviction play sets stage for turnaround in performance

After nearly four years of underwhelming performances in equity schemes, Aditya Birla Sun Life Mutual Fund (ABSL MF) is experiencing a revival. Illustration: Dominic Xavier/Rediff.com During the......