Sebi issues show cause notices to HDFC, Kotak mutual fund over FMP woes
Mumbai: The Securities and Exchange Board of India (Sebi) has initiated adjudication against HDFC Asset Management Company Ltd or HDFC AMC and Kotak Mutual Fund over […]
Mutual Funds
Best mutual funds for a 28-year-old investor
I have done SIPs in the following funds for a cumulative amount of Rs 1 lakh: Franklin Build India Fund Franklin India Prima Fund ICICI […]
Avoid investing in mutual fund NFOs: Here’s why
A new mutual fund offering often attracts investor attention. At present, three new equity schemes—from Mirae Asset Mutual Fund, Principal Mutual Fund and ITI Mutual […]
Mamata Banerjee dharna Highlights| NDA will have to think twice from now, says Chandrababu Naidu
Welcoming the Supreme Court order directing Kolkata police commissioner Rajeev Kumar to appear before the CBI, West Bengal chief minister Mamata Banerjee said that the […]
The more you spend, the more you save
Automating the money habits of people, without asking them to deviate from their preconceived notions is what’s needed today. (Unsplash) Let’s say you find saving […]
Do you need mutual funds?
How do you decide if you need mutual funds?(Getty Images/iStockphoto) Very often, we think we don’t need mutual funds in our portfolio and that our […]
Govt takes over indebted lender IL&FS in surprise move
PF6997 New development in Bandra Kurla Complex area, Mumbai, Maharashtra, India.(Alamy Stock Photo) The government will immediately seize control of a shadow lender whose defaults […]
Sebi to lower expenses charged by mutual funds
The logo of the Securities and Exchange Board of India (SEBI) is pictured on the premises of its headquarters in Mumbai.(Reuters File Photo) Markets regulator […]
Yes Bank shares gain 4% on SEBI nod for mutual fund business
Signage for Yes Bank Ltd. is displayed at a branch in Mumbai. (Dhiraj Singh/Bloomberg) Shares of Yes Bank on Thursday rose by 4% after the company […]
Mutual funds asset base dips Rs 66,000 crore in May to Rs 22.6 lakh crore
(Photo: Shutterstock) The mutual fund industry’s asset base has fallen by nearly Rs 66,000 crore, to Rs 22.6 lakh crore at the end of May, […]