Aug 27, 2018 | Mutual Funds
Redemption proceeds for liquid or low duration fund or other debt funds are usually paid within one working day. Navneet Dubey@imNavneetDubey A common worry of many mutual fund investors is how to redeem money after achieving a certain financial goal. Redemption is...
Aug 14, 2018 | Mutual Funds
SEBI believes that aggressive payouts creates incentives for mis-selling. Nishant Patnaik In a recent meeting of Mutual Fund Advisory Committee (MFAC), SEBI has expressed its concern over unusually high commission payouts to distributors by select fund houses. In...
Aug 9, 2018 | Mutual Funds
The analysts polled by Reuters see revenue rising 13 percent year-on-year to Rs 4,091.8 crore Moneycontrol News@moneycontrolcom Aurobindo Pharma-Natrol acquisition | Year: December 2014 | Deal size: USD 132.5 million Objective: To foray into nutraceuticals in US....
Aug 7, 2018 | Mutual Funds
Fund officials attributed the drop in equity investments to slowing inflows into equity schemes Moneycontrol News@moneycontrolcom With equity indices touching record highs last month, fund houses chose to go slow on buying stocks. In July, equity fund managers picked...
Aug 6, 2018 | Mutual Funds
This is the fourth company from the HDFC Group listed on bourses after HDFC, HDFC Bank and HDFC Standard Life. Moneycontrol News@moneycontrolcom Share price of HDFC Asset Management Company, the country’s second-largest mutual fund house, started off trade on a...
Aug 4, 2018 | Mutual Funds
While 71% millennials have life insurance policies, 56% have invested in mutual funds. A Bank Bazaar study titled ‘Aspiration Index 2018: Decoding Indian Millennials’ on millennials shows that millennials prefer having life insurance to investing in mutual funds. The...
