The fund house says it is doing this to protect the interests of existing investors.
The Indian market is a bull market and the current weakening is merely a correction, says Apoorva Shah, executive vice president & fund manager (equity), DSP BlackRock Mutual Fund.
Anup Maheshwari, executive vice-president and head of equities & corporate strategy, DSP BlackRock, says the long-term attractiveness of investing in India remains intact.
Fund houses bet on growth, divestment and deregulation.
We have a great team and they are quality people with decades of experience. Everyone would like to retain them, says Hemendra Kothari, Chairman, DSP Merrill Lynch.
An analysis of how DSP BlackRock Micro Cap fund has performed in the last five years
Exodus of top managers an unintended side effect of roaring MF industry
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
They help diversify portfolio and are less risky.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
As Prime Minister Narendra Modi visits US, fund managers from India and abroad expect improving sentiments and impressive returns from Indian markets to help attract billions of dollars flowing into the country's asset management industry.
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
LIC is one of the largest Indian shareholders in the country's largest car maker, with a 6.93% stake.
Worst performers among category funds, but beat sectoral indices
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Women have been leaving the investment decision to husbands.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
The mutual fund industry also witnessed record sales.
The woman who had accused environmentalist R K Pachauri of sexual harassment, on Tuesday tore into TERI, saying the "shameful" decision of appointing him as executive vice-chairman of the green body made her "flesh crawl", and resolved to take the case to a logical conclusion.
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
HDFC Equity, the largest equity fund, also managed by Prashant Jain, with a corpus of Rs 10,445 crore, has 9.4 per cent of its assets in SBI.
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
To be fair, one year is too short a period to judge the schemes' performance.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
These schemes are expected to perform in the next 2-3 years.
When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.
Despite recent setback, these remain the most appropriate tool for international diversification
The pension fund managers distribute products under the National Pension System.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'We believe 2017 could see higher flows from foreign institutions as money comes back to growth markets like India.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In January 2008, the Sensex hit then all-time high of 21,207 (closing high of 21,004 was achieved in November 2010).