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......
SBI Mutual Fund (SBI MF), with Rs 22,049.32 crore (Rs 220.49 billion) worth of assets under management as on August 2007, is looking to benefit from the government move to allow public sector......
It seems domestic fund houses are unfazed by the shaky equity markets. No less than four new equity offers, expected to raise upwards of Rs 2,500 crore (Rs 25 billion), have been lined up for......
The government on Thursday appointed PSU mutual funds UTI MF and SBI MF as managers of the corpus lying with postal and rural life insurance entities, a move that could lead to investment of the......
In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month. IMAGE: Results for India's general elections on a screen inside the Bombay Stock......