JioBlackRock Mutual Fund raises over Rs 17,800 crore via maiden NFO

JioBlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a......

Debt mutual funds see Rs 92,248-cr outflow in June

Mutual funds focused on investing in fixed-income securities witnessed a heavy outflow of Rs 92,248 crore in June on uncertain macro environment, driven by expectations around an increasing rate......

Record equity inflows in July push mutual funds' AUM beyond Rs 75 trn

Net inflows into equity mutual fund (MF) schemes scaled a record high in July as the market correction and a raft of new fund offerings (NFOs) lifted lump-sum collections. Active equity schemes......

Hawkish RBI prompts debt mutual funds to reassess 'duration' of schemes

Debt fund managers are reassessing their strategies after the setback delivered by the Reserve Bank of India recently. Illustration: Uttam Ghosh/Rediff.com While most are refraining from any......