1 vote
Highest redemption in equity schemes since entry load ban last July.
read more »
1 vote
Most of us seldom read them properly, but understanding the details can come in handy.
read more »
1 vote
To restrict mutual funds (MFs) from giving misleading data of their performance to investors, asset management companies (AMCs) have been asked to follow a standard set of norms.
read more »
1 vote
I have just been handed over Rs 2 lakh as my provident fund from my earlier company. I would like to invest it in a safe and risk-free instrument and get good returns.
read more »
1 vote
The fund attempts to hold stocks matching the sector weight of its benchmark - BSE 200 index. But the fund picks up stocks in and and outside the benchmark. The fund is allowed flexibility with sectoral weights: 25 per cent in the index or an absolute figure of 3 per cent, whichever is higher.
read more »
1 vote
UTI Mutual Fund would be very bullish in the North-East market in the coming days to tap the huge opportunity the region offers. The company has already identified that low risk products, regular income products, debt products, systematic investment plans (SIPs), besides child products, will be the driving force for its business in North-East in near future. Speaking to Business Standard, Jaideep Bhattacharya, chief marketing officer of UTI Mutual Fund, said that North-Eastern market was one of
read more »
1 vote
Amfi board to discuss demand that only retail numbers be released every month.
read more »
1 vote
Money pulled out by banks in June-end was not invested due to liquidity crunch.
read more »
1 vote
Sebi panel had suggested a rise in the threshold.
read more »
1 vote
One of the many fallouts of the entry load ban has been the reduction in valuations of asset management companies (AMCs). Gone are the days where deals were struck at 6-8 per cent of assets. In fact, industry officials admit that there are several fund houses seeking buyers. But, the roadblock is getting the right valuation.
read more »
1 vote
For an industry with 39 active players and Rs 6.76 lakh crore of assets, less than ten players manage more than Rs 25,000 crore of assets. And a large number, 18 players, manage less than Rs 5,000 crore.
read more »
1 vote
There are three types of investors in mutual funds, who gain or lose based on the daily Net Asset Value (NAV) - one, those who come in; second, those who stay put in the fund; third, who exit the fund. It is pertinent to ensure the NAV declared is fair to all of them.
read more »
1 vote
Please suggest some of the top performing ELSS (equity linked savings schemes).
read more »
1 vote
In a bid to enable investors initiate payment instructions through mobile phone, asset management firm UTI Mutual Fund has launched 'UTI Mobile' along with mChek, its mobile solution partner. Built on a mechanism of an ECS mandate, the concept allows a customer to trigger an ECS request from a pre registered bank account through his mobile phone, while the debit and settlement process takes place offline.
read more »
1 vote
This fund takes risks but does not leave investors unrewarded. Over the five-year period ended June 30, it delivered an annualised return of 13.35 per cent (category average, 9 per cent).
read more »