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Tuesday, September 07, 2010
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IndianMoneyWire Mail |
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Mutual Funds
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| MF industry assets dip 1.5% in July | | PTI, BusinessLine | The assets under management of country’s mutual fund industry plunged for the second straight month in July, falling 1.5 per cent, even as Anil Ambani group firm Reliance Mutual Fund managed to hold on to the gains. The industry’s average assets under management (AUM) fell by Rs 10,296.15 crore, or 1.52 per cent. The combined average AUM of the More.... |
| | Entry load and MF Distributors | | Suresh Sadagopan,Lader7 FA | I read in the papers about Sebi’s intention to introduce a certification programme for mutual fund distributors. This is a welcome step. However, one is not sure if knowledge alone will ensure that mis-selling will not happen. Thanks to the removal of the entry loads, individual MF distributors are finding that operating in this space is More....
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| | SEBI ANNOUNCES REDUCTION IN NFO PERIOD | | Indian MoneyWire | | |
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| | Peerless Mutual Fund Launches its maiden Funds | | Indian MoneyWire | Peerless Mutual Fund has launched two funds - Peerless Liquid Fund and Peerless Ultra Short Term Fund. The new fund offer would remain open from 17th February, 2010 to 18th February 2010. Peerless Liquid Fund is an open ended liquid scheme with investment objective to provide a high level of liquidity with reasonable returns commensurating with low More.... |
| | Religare MF lauch of PSU Equity Fund | | Live Mint | Religare Mutual Fund on Tuesday announced the launch of an open-ended PSU Equity Fund. The fund seeks to generate capital appreciation by investing in companies where the central or state governments has majority shareholding or where the management control lies with the government, Religare Mutual Fund said in a statement. The fund aims More.... |
| | L&T Finance Buy out Chola AMC | | IndianMoneyWire | L&T Finance, the financial services arm of infrastructure giant Larsen & Toubro, is set to buy 100 per cent stake in DBS Cholamandalam Mutual Fund for Rs. 45 crore. The loss-making DBS Chola was set up as a joint venture between Singapore’s DBS Bank and Chennai-based Murugappa Group. L&T Finance recently raised USD 20 More....
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| | IPRU MF announces Dividend on FMCG Fund | | Mutual Funds India | More.... |
| | Which Mutual Funds You can Choose Now | | Indian MoneyWire | While eliminating mutual funds (whether they are a part of your portfolio or not), one has to keep More.... |
| | How does a SIP help you? | | Shajan Davis, IndianMoneyWire |
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