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Sbi Funds Management

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Electoral bonds: SBI faced searching queries from SC

The State Bank of India, which unsuccessfully sought extension of time till June 30 to disclose the details of electoral bonds, on Monday faced searching questions from the Supreme Court which......

Contempt plea against SBI for seeking more time for electoral bond names

A petition has been filed in the Supreme Court seeking contempt action against the State Bank of India alleging it "wilfully and deliberately" disobeyed the apex court's direction to submit details......

SC gives SBI 24 hours to release electoral bonds data

Chastising the State Bank of India, the Supreme Court on Monday ordered it to disclose the details of the electoral bonds encashed by political parties to the Election Commission by the close of......

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......

MFs split on IT revival as outlook improves but uncertainties remain

Fund managers are divided on the prospects for beaten-down information technology (IT) stocks, reflected in the wide variance in equity mutual funds’ (MFs) sector exposure. Illustration: Dominic......

Equities overvalued, investors should tame return expectations: SBI Funds

India's largest asset manager SBI Funds Management on Tuesday said they are negative on equities from a shorter-term perspective as valuations have risen above the comfort zone. Illustration:......

Setback for Anil Ambani, RCom as HC supports SBI order

The Bombay high court  has upheld a decision by the State Bank of India (SBI) to classify accounts of industrialist Anil Ambani and his company, Reliance Communications (RCom), as "fraudulent"......

Mutual funds turn up the dial on active factor funds

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......

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