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Former Axis fund manager held for cheating investors

 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......

Mutual Fund Transactions Surge Online

 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  ......

Equity Mutual Funds Break All Records

 '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 Could Erode Mutual Fund, Broker Earnings

 '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......

Mutual Fund Equity Purchases Hit Record High In 2025

 The continued MF buying has pushed the equity holding of MFs to over Rs 50 trillion for the first time. Illustration: Dominic Xavier/Rediff Mutual funds' net equity investments have touched Rs 4.6......

Mutual funds' cash holding fell in Sep amid decline in inflows

 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......

Raina, Dhawan in trouble as ED seizes assets

 IMAGE: A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach an immovable property of Shikhar Dhawan worth Rs 4.5 crore. Photograph: Shikhar......

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