Cash holdings of equity mutual fund (MF) schemes moderated in September amid a slowdown in fresh inflows. Illustration: Dominic Xavier/Rediff Equity MF schemes held cash worth Rs 1.76 trillion at......
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......
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......
The change in debt fund taxation is seen as boosting the demand for hybrid funds. Illustration: Uttam Ghosh/Rediff.com It is no surprise then that asset management companies (AMCs) have launched a......