Reliance mutual fund has overtaken HDFC mutual fund to become the country's most profitable fund house, as per their profit figures for the latest financial year.For the financial year 2011, profit......
Mutual funds (MFs) — flush with cash amid record inflows in July — invested heavily in the Rs 25,000-crore qualified institutional placement (QIP) of India's largest lender State Bank of India......
Closing a seven-year-old front running case at HDFC Mutual Fund, Securities and Exchange Board of India has barred former equity dealer Nilesh Kapadia and three others from the markets and ordered......
Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On......
Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. Illustration: Dominic......