Viresh Joshi, a former chief trader and fund manager of Axis Mutual Fund, has been arrested under the anti-money laundering law in a case linked to alleged cheating of investors to the tune of Rs......
Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms. Illustration: Dominic Xavier/Rediff ......
'The day is not too far when the share of MFs alone will be greater than that of foreign institutional investors.' Illustration: Dominic Xavier/Rediff Mutual funds' equity assets under management......
'Sebi's move to cap brokerage charges will help investors by lowering the overall cost of investments.' Photograph: Francis Mascarenhas/Reuters Cuts in mutual fund (MF) expense ratios and sharp......
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......
Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator......