MUTUAL FUND HOUSES
Coronavirus scare: Mutual fund houses to allow only online transactions for now
Association of Mutual Funds in India or Amfi said that mutual fund houses will allow only online transactions through various electronic modes for now, as they have been asked to close their collection centres / branch offices from today.
Mutual fund cut-off timings advanced temporarily
This move comes after Reserve Bank of India put out a circular changing the trading hours. R...
PPFAS Mutual Fund adds ITC, MCX, Oracle Financial Software
"As a consequence of our fresh purchases we are fully deployed (practically, barri...
Mutual fund industry witnesses outflows worth Rs 2.13 lakh crore in March
Inflows into equity mutual funds surged to Rs 11,485 crore in March, the highest level in a year, even as the broader market witnessed heavy volatility amid concerns over the impact of coronavirus.
DSP Mutual Fund to open DSP Small Cap Fund for lumpsum investments
DSP Mutual Fund has announced that the fund house would be revoking the temporary suspension of lumpsum investments in DSP Small Cap Fund with effect from April 1, 2020.
5 mutual funds that fell less than the Nifty
Here are five schemes that have fallen lesser than the Nifty in the turmoil.
L&T Mutual Fund launches 2 Nifty index funds
These open-ended index funds seek to replicate the performance of the Nifty 50 index and Nifty Next 50 index and operate mostly in the large cap space.
Nippon Small Cap Fund reopens for lumpsum investments after two years
Back in 2018, the fund house had put up an addendum saying, “The limit on subscriptions of units has been done with a view that increasing the size of the corpus of the scheme may prove detrimental to existing unitholders of the scheme.”
'Motilal Oswal Focused 25 Fund is well placed to withstand current economic environment'
Siddharth Bothra, Senior VP and Fund Manager, Motilal Oswal Mutual Fund, listed various investments and largest holdings to support his claim.
Mutual funds add 3 lakh investor accounts in February
In January, the industry added 14 lakh folios and in December, the number was over 6 lakh. Mutual fund houses added just 2.6 lakh investor accounts in November.
MFs seek support from RBI as liquid funds see sharp rise in redemptions
Amfi has urged the central bank to reinstate the liquidity window to mutual funds to help them tide over the current liquidity crisis.
Investors can directly buy mutual funds on stock exchange
Till now investors looking to buy directly had to go to a fund house website or independent websites.
Equity mutual fund inflows touch 11-month high in February
The mutual fund industry witnessed a net outflow of Rs 1,985 crore across all segments, mainly owing to withdrawal from liquid or money market category.
Tata Arbitrage Fund re-opens for fresh subscriptions
Arbitrage funds look to benefit from the price anomalies between the cash and futures markets.
SBI Mutual Fund tops HDFC Mutual Fund as No 1 asset manager
SBI Mutual Fund has been a major beneficiary of a steady stream of equity inflows through the government run Employees Provident Fund Organisation (EPFO). The EPFO routes its equity allocation through index ETFs, which are managed by SBI and UTI MF.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service