Equity MF inflows surge to 4-month high in Nov

Net flows into equity mutual funds rose to a four-month high of Rs 11,615 crore in November on a strong SIP book despite extreme volatility in markets. Illustration: Dominic Xavier/Rediff.com This......

Kotak Mahindra AMC barred from launching new FMPs for 6 months

Sebi on Friday imposed a penalty of Rs 50 lakh on Kotak Mahindra Asset Management Company (AMC) and barred the fund house from launching new fixed maturity plan (FMP) scheme for six months for......

MFs plan to launch a slew of FMPs as bond yields increase

An additional factor spurring the FMP launches is MFs’ desire to retain investors as many such offerings are set to mature over the next two months. Illustration: Uttam Ghosh/Rediff.com......

'RBI need to cut by 100 bps in one shot'

'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.' IMAGE: Reserve Bank of India Governor Shaktikanta Das, centre, with the RBI deputy governors.......

Team India: Performance appraisal

There are just three matches left in the second edition of the ICC T20 World Cup. And India's campaign has ended with a humiliating 12-run defeat against South Africa on Tuesday. Actually the......