Though the sum was nowhere close to the big-ticket monthly purchases seen during the 2004-2008 bull run, it is significant, as it confirms the reversal of a selling spree that began in September 2013.
There is discrimination against women in insurance cover. As a flood of insurance companies tap the capital markets with public issues, there is however, hardly any reference to this asymmetry. Subhomoy Bhattacharjee reports
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
Wondering if mutual fund investments can help you make you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Investors continue to make losses on investments.
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
Rediff.com captures these moments and a lot more from the week gone by...
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
The policymaker said the RBI had not reached the point where specific actions were under consideration.
Tata Mutual Fund's 'own a piece of India' offering is suitable for informed investors.
While the number of international MF schemes is increasing, so is the confusion for investors.
Six firms have qualified for managing EPFO funds.
The landmark bill to liberalise the insurance industry, which marks Prime Minister Narendra Modi's first stab at legislative reforms, will now go to a parliamentary committee, which will submit a report later this year.
Most equity schemes have more than doubled their NAVs in 8 years, even if they entered at the pre-Lehman crisis peak
Market regulator also announces measures for mutual funds sector.
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
Poor disclosure among India-listed firms is a turnoff for foreign investors.
Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.
Retired English soccer star David Beckham toured potential stadium sites in Miami on Wednesday, signalling he is forging ahead with his interest in owning a new Major League franchise in the United States.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
Cristiano Ronaldo hit back at critical former boss Jose Mourinho in the best way possible on Wednesday with two goals to help Real Madrid beat Chelsea 3-1 and win the International Champions Cup pre-season tournament.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
PFRDA will invite bids to appoint pension fund managers.
A formal sector worker can contribute towards pension scheme till the age of 58.
'Debt mutual funds are a good option now because interest rates are coming down.' 'Retail investors must put a majority portion of your money in short-term debt funds (1 to 3 years) and only a small portion in actively managed dynamic funds.'
World champions Spain held on for a 2-1 win over Haiti in a friendly on Saturday as they warmed up for this month's Confederations Cup.
Education, jobs, health and more: Experts share their wishlist.
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
managers said the weaker rupee, which has driven up shares of technology companies, has helped the fund fetch better returns.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
Most large fund houses, such as HDFC MF, ICICI Prudential AMC, Reliance MF, Reliance MF, Birla SunLife MF and SBI MF, have the backing of large banks or financial institutions, giving them reach and understanding, they say.
RBI has, since January, cut its policy rate four times.
Be a disciplined investor for attractive returns, says fund managers.
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
Balanced funds are suitable for investors who have low-risk appetite or are new to equities.Those with more than seven-year investment horizon should look at funds that have higher equity exposure.
The majority have stayed away from getting into cash handling.
These are the top 8 out of 88 funds that the diversified equity fund category has to offer.