Reliance Infocomm is following the initial public offering distribution model to ensure that potential consumers in each and every pocket across the country are tapped to sign up as customers.
Close to 21.5 per cent of this will be sold to Japan's Nippon Life, which will then become the sole promoter of the fund house.
Chandra, who will turn 69 years old on Saturday, becomes non-executive director with immediate effect.
Reliance Mutual Fund has launched a pharma fund in India -- its third sector specific fund after banking and power -- and expects to raise over Rs 200 crore.
Several of the mutual fund schemes have plans like dividend, growth and bonus.
Insurance firms have designed amazing retirment plans to lure more customers.
At the start of 2016, HDFC Bank, Infosys, ICICI Bank, L&T and Axis Bank were the top five picks of fund managers
Time for approving new fund offers down from 6 months to 2 months; MFs have mobilised Rs 4,000 crore from nearly 30 equity NFOs since October last year.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
In the 52 newly listed companies since 2014, fund managers have a total investment of a mere 2.5 per cent of their assets under management.
Industry body Amfi to hold meeting to decide on road map.
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
While debt funds have emerged as the flavour of the season, not all investors understand debt funds. So the best they can do is put trust in the fund manager and the fund house.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
The MF Industry had a cash-rich 2014 as it crossed the Rs 3 trillion mark.
When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.
The company has a market capitalisation of $743 billion.
Heed your liquidity needs before investing in an FMP.
The category average return of mid-and-small-cap funds is 95 per cent.
Over 700,000 new investor accounts have been opened so far in FY15.
The new executive director of Reliance Capital has big shoes to fill in every way.
You may invest even at current market levels provided you have an investment horizon of five years or more.
Three fund managers share their views and state where they are looking for value.
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
A rebounding and steady market is a good time to weed sectors and funds that tend to drag the portfolio.
The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.
National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports
In last few years, a number of global players have exited the Indian mutual fund business.
Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
It boosts confidence to investors sitting on the fence.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
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