Equity mutual funds cash rich even as inflows decline

Equity mutual fund (MF) schemes were flush with cash at the start of this month, even as fresh investments shrank in February. Illustration: Dominic Xavier/Rediff.com As of February 28, equity......

Mutual funds flock to silver ETF space with new schemes

Mutual funds have launched a clutch of new fund offers in the silver ETF (exchange traded fund) category this year and collected Rs 1,400 crore in assets after the introduction of the newly-created......

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......

UTI Mutual Fund continues to lead

Even after the split, UTI Mutual Fund continues to hold the largest market share of 14.47 per cent closely followed by ICICI Prudential, HDFC Standard Life and Templeton in the over Rs 1,00,000......