MFs against banks’ move to pay off DHFL retail investors and PFs in full

Around 10 mutual funds have Rs 5,000 crore exposure to DHFL.

Mutual funds' AUM rises to Rs 25.49 lakh crore in June quarter

The total asset base of the industry was Rs 23.04 lakh crore in the same period a year ago.

Sebi tightens regulations for troubled debt mutual funds

Sebi also expressed its disapproval of the so-called standstill agreement that mutual funds have reached with the indebted Essel Group.

BOI AXA scheme’s NAV falls 26.25%

The fund holds four securities of Sintex BAPL maturing in 2020, 2021 and 2022, respectively.

HDFC Mutual Fund to buy Rs 500-cr NCDs of Essel Group from its debt schemes

In May, Sebi had issued separate show cause notices to HDFC Mutual Fund and Kotak Mutual Fund seeking details of the terms of their investments in Essel Group’s debt securities.

Three Fed rate cuts on bond market’s radar

Treasury 10-year yields slid as much as five basis points Wednesday to about 2.22 per cent.

RBI to cut rates in June, but analysts split on if it should

The last time the central bank cut rates three times in a row was in 2013.

ICICI Prudential Mutual Fund launches an MNC fund

In India, there are various MNCs catering to one’s every day as well as industrial needs.

Reliance Capital exercises green-shoe option after offer for sale in RNAM

Reliance Capital announced OFS in order to comply with the mandatory requirement of achieving minimum public shareholding of 25 per cent by reducing the promoter stake.

Yes Bank likely to exit asset management business

Immediate concerns for the new management are risk management systems.

Investor wealth rises by Rs 3.86 lakh crore in 2 days of rally

The Sensex had hit its all-time high of 40,124.96 during the trade on May 23.

Bond yield at 13-month lows on rate cut hopes

Yield on the benchmark 10-year government bond fell to 7.165 per cent.

IDFC Mutual Fund opens Focused Equity Fund for lumpsum investment

In 2017, IDFC AMC had put in a restriction of Rs 2 lakh per transaction to moderate the flows and maintain the investment style.

Motilal Oswal AMC launches WhatsApp transaction platform

It is the first of its kind initiative by any fund house in India to do mutual fund transactions through whatsapp messenger.

FinMin to launch ETF with bank stocks, financial institutions this fiscal

The government currently has two exchange-traded funds -- CPSE ETF and Bharat-22 ETF.

Debt mutual funds losing ground as NBFC stress hits segment

Amfi data showed that the share of debt schemes in the total mutual fund resources has shrunk to 29% in April 2019 from 35% a year ago.

Sensex vaults 623 points to lifetime high on Modi euphoria

The NSE Nifty also surged over 187 points to close at a fresh lifetime high of 11,844.10.

DHFL Pramerica Mutual Fund merges schemes, creates side pockets in FMPs

DHFL Pramerica Mutual Fund has decided to merge four of its debt mutual fund schemes.

Reliance Capital to exit mutual fund business

RNAM will continue to remain a public limited company after the open offer.

Fed minutes signal patience on rate moves

Many participants viewed the recent easing in inflation as likely to be transitory.