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. In July, mutual fund managers received......
Seven leading mutual funds have sought a meeting with the Securities and Exchanges Board of India and Life Insurance Corporation of India to explain their concern over Suzuki's decision to set up a......
New York-headquartered hedge fund BlackRock Inc has acquired the 40 per cent stake held by Merrill Lynch in mutual fund DSP Merrill Lynch Fund Managers, in a move that signals the world's fifth......
The competitive intensity in the mutual fund (MF) industry is moving beyond scheme performance, cost structures, and distribution. Illustration: Dominic Xavier/Rediff In recent months, several......
In a counter-intuitive move that could also mean a lack of confidence in the dizzying post-election rally, fund houses are trying to regulate or even stop inflows into some of their funds,......