The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Illustration: Uttam Ghosh Two new fund offerings (NFOs) — ICICI Pru Active Momentum Fund and......
AUM heavyweights SBI, HDFC and ICICI Pru flex muscle, adding Rs 2 trillion+ each. Illustration: Uttam Ghosh/Rediff.com Mutual fund houses saw robust asset growth in the third quarter, with the......
The assets managed by mutual funds rose by 3 per cent to cross Rs 9 trillion mark in the January-March quarter of FY 2013-14 on account of inflows into fixed maturity plans, money market and equity......
Improved market sentiments helped mutual funds' assets under management soar by Rs 80,000 crore (Rs 800 billion) or nine per cent to Rs 9.85 lakh crore (Rs 9.85 trillion) in the first quarter of......
ICICI Prudential Asset Management Company will groom 10,000 financial advisers in the current fiscal 2010. Last year too, the company had trained 10,000 people as financial advisers to cater to the......