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India Mutual Funds News

Mutual Funds see steep fall in AUM in September

If August 2008 had brought some respite to the bleeding assets under management (AUM) of the mutual fund industry, the month of September has reversed the trend again.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Mutual_Funds_see_steep_fall_in_AUM_in_September/rssarticleshow/3554042.cms

Mutual funds can sell plans with insurance

Life Insurance Council to hold decision to stop offering group covers. SEBI to instruct MFs on ad guidelines for schemes with insurance.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Mutual_funds_can_sell_plans_with_insurance/rssarticleshow/3546669.cms

Banks reduce exposure to MFs

Reflecting tight liquidity conditions in the money market, banks have pulled out close to Rs 38,000 crore in the last four months from the various mutual fund schemes.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Banks_reduce_exposure_to_MFs/rssarticleshow/3542798.cms

Religare joins list of fund houses, more to follow

Religare will become the 37th asset management company to offer mutual fund products as it received the final approval from Sebi on Thursday.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Religare_joins_list_of_fund_houses_more_to_follow/rssarticleshow/3528453.cms

Religare AEGON AMC gets SEBI nod to launch Mutual Fund business

Religare AEGON Asset Management Company, a joint venture between Religare and AEGON, has received the final regulatory approval from the Securities & Exchange Board of India to launch mutual fund business in the country.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Religare_AEGON_AMC_gets_SEBI_nod_to_launch_Mutual_Fund_business/rssarticleshow/3527613.cms

Daily SIP seeks to minimize market risk, generate greater returns

Amidst highly volatile stock markets, the daily systematic investment plan introduced by Bharti AXA Investment Mangers is expected to minimize risk and to generate greater risk adjusted returns while increasing participation.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Daily_SIP_seeks_to_minimize_market_risk_generate_greater_returns/rssarticleshow/3526595.cms

Indian investors of Morgan MF are safe

Investors in India are feeling uncomfortable on Morgan Stanley's decision to change convert itself into a retail bank. <a href="http://economictimes.indiatimes.com/quickiearticleshow/3275391.cms" target="_blank">Monitor your financial health</a>

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Indian_investors_of_Morgan_MF_are_safe/rssarticleshow/3520779.cms

ASK Group appoints CEO for its real estate asset management business

ASK Group on Tuesday appointed Amit Bhagat as the chief executive officer of its proposed real estate asset management and advisory business.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/ASK_Group_appoints_CEO_for_its_real_estate_asset_management_business/rssarticleshow/3517404.cms

Birla Sun Life AMC launches commodity fund

Birla Sun Life Asset Management Company launched a commodity focused fund.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Birla_Sun_Life_AMC_launches_commodity_fund/rssarticleshow/3513946.cms

Principal Mutual Fund launches Emerging Bluechip Fund

Principal Mutual Fund on Monday launched the Principal Emerging Bluechip Fund, an open ended equity scheme, which will predominantly invest in small and mid cap companies.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Principal_Mutual_Fund_launches_Emerging_Bluechip_Fund/rssarticleshow/3513086.cms

Taurus MF launches FMP

Taurus Mutual Fund launched of a one month fixed maturity plan (series 1) with effect from Sep 23.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Taurus_MF_launches_FMP/rssarticleshow/3512603.cms

Sahara Mutual Fund launches fixed maturity plan

Sahara Mutual Fund today said it has launched a fixed maturity plan called Sahara Interval Fund Quarterly Plan-Series-1.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Sahara_Mutual_Fund_launches_fixed_maturity_plan/rssarticleshow/3510302.cms

Kotak Mahindra Mutual Fund enters into a distribution tie-up with Andhra Bank

Kotak Mahindra Asset Management Company, on Friday entered into a distribution tie-up with Andhra Bank.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Kotak_Mahindra_Mutual_Fund_enters_into_a_distribution_tie-up_with_Andhra_Bank/rssarticleshow/3503944.cms

Volatility eats into equity quotient of mutual funds

Fund managers claim that retail investors have now come to accept equity investments via mutual funds as integral to long-term capital growth. And, industry experts are praising the “maturity” of mutual fund investors.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Volatility_eats_into_equity_quotient_of_mutual_funds/rssarticleshow/3500339.cms

UTI Mutual Fund to continue selling ULIP

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/UTI_Mutual_Fund_to_continue_selling_ULIP/rssarticleshow/3500142.cms

Sahara Banking & Financial Services Fund reopens

Sahara Mutual Fund re-opens its Sahara Banking & Financial Services fund with effect from September 19.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Sahara_Banking__Financial_Services_Fund_reopens/rssarticleshow/3499939.cms

Market turmoil: MF investors not worried

Although concerned about their status of investments in different funds, not many are rushing to get out of the market.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Market_turmoil_MF_investors_not_worried/rssarticleshow/3496927.cms

MFs feel the global heat, extend NFO closing dates

Domestic fund houses are finding it difficult to get investors for their newly-launched schemes.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/MFs_feel_the_global_heat_extend_NFO_closing_dates/rssarticleshow/3491498.cms

Principal Mutual Fund ties-up with United Bank of India

Principal Mutual Fund entered into an alliance with United Bank of India, a public sector bank for distribution of its products through the bank's branch network.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Principal_Mutual_Fund_ties-up_with_United_Bank_of_India/rssarticleshow/3490461.cms

ING sees India multi-manager assets surge in 3 yrs

ING Groep expects assets under its multi-manager products in India to surge five times to 50 billion rupees ($ 1.1 billion) in three years.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/ING_sees_India_multi-manager_assets_surge_in_3_yrs/rssarticleshow/3475533.cms

Mutual funds line up longer term FMPs

MFs are increasingly launching fixed maturity plans with tenures more than a year. Stocks 52 Week: <a href="http://economictimes.indiatimes.com/fiftytwoweekhighlow.cms?exchangeid=47&exchangegroup=&exchangeindexid=0&sectorid=0&ishigh=true&pagesize=30&pagenumber=1" target="_blank">High</a>, <a href="http://economictimes.indiatimes.com/fiftytwoweekhighlow.cms?exchangeid=47&exchangegroup=&exchangeindexid=0&sectorid=0&ishigh=false&pagesize=30&pagenumber=1" target="_blank">Low</a> | Gainers & Losers: <a href="http://economictimes.indiatimes.com/articleshow/3376869.cms" target="_blank">BSE</a>, <a href="http://economictimes.indiatimes.com/articleshow/3376883.cms" target="_blank">NSE</a> | Only: <a href="http://economictimes.indiatimes.com/buyersellerinfo.cms?exchangeid=47&isbuyer=true&pagesize=30&pagenumber=1&sortorder=bidofferquantity" target="_blank">Buyers</a>, <a href="http://economictimes.indiatimes.com/buyersellerinfo.cms?exchangeid=47&isbuyer=false&pagesize=30&pagenumber=1&sortorder=bidofferquantity" target="_blank">Sellers</a>

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Mutual_funds_line_up_longer_term_FMPs/rssarticleshow/3475446.cms

Fidelity announces NFO of FMP – Series 1 Plan C

Fidelity Asset Management Company announced the new fund offering of Fidelity Fixed Maturity Plan, Series 1 - Plan C of 370-day tenure.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Fidelity_announces_NFO_of_FMP__Series_1_Plan_C/rssarticleshow/3471730.cms

HDFC MF plans to launch real estate mutual fund soon

HDFC Mutual Fund is planning to launch a real estate mutual fund soon, a top company official said.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/HDFC_MF_plans_to_launch_real_estate_mutual_fund_soon/rssarticleshow/3468469.cms

Edelweiss gets 9 bn rupees in two funds

Edelweiss Asset Management said on Wednesday it has collected about 9 billion rupees in two fixed-income funds that closed for initial subscription on Tuesday.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Edelweiss_gets_9_bn_rupees_in_two_funds/rssarticleshow/3467552.cms

Lotus India AMC launches FMP- 375 Days - Series XVII

Lotus India AMC has launched closed-ended debt scheme, Lotus India Fixed Maturity Plan - 375 Days - Series XVII, which will invest in a portfolio of debt and money market instruments maturing in line with the duration of the scheme.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Lotus_India_AMC_launches_FMP-_375_Days_-_Series_XVII/rssarticleshow/3462387.cms

Goldman Sachs plans maiden India equity fund

The Indian fund unit of Goldman Sachs, which received regulatory approval to launch mutual funds last week, filed initial papers with the Securities and Exchange Board of India on Monday to offer its first equity fund.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Goldman_Sachs_plans_maiden_India_equity_fund/rssarticleshow/3461444.cms

12 new firms set to enter mutual fund space

Players like Axis Bank, Future Finance, Peerless General Finance & Investment Ltd have applied for mutual fund license. <a href="http://economictimes.indiatimes.com/marketstats/2189002.cms" target="_blank">Gainers & Losers</a> | <a href="http://economictimes.indiatimes.com/Features/Investors_Guide/articlelist/2026181286.cms" target="_blank">Investor's Guide</a>

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/12_new_firms_set_to_enter_mutual_fund_space/rssarticleshow/3459516.cms

SC grants bail to Ketan Parekh in Canfina MF scam

Supreme Court has granted bail to stockbroker Ketan Parekh in the Canfina Mutual Fund scam case.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/SC_grants_bail_to_Ketan_Parekh_in_Canfina_MF_scam/rssarticleshow/3458203.cms

Reliance Money aims at Rs 50,000 cr AUM under wealth mgmt

Financial services arm of the ADAG Group Reliance Money is aiming at Asset Under Management (AUM) size of about Rs 50,000 crore by the end of next year on the back of new products.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Reliance_Money_aims_at_Rs_50000_cr_AUM_under_wealth_mgmt/rssarticleshow/3454919.cms

Bharti AXA launches equity fund

Bharti AXA Investment Managers on Thursday launched their Equity Fund christened as Bharti AXA Equity Fund.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Bharti_AXA_launches_equity_fund/rssarticleshow/3445354.cms

Reliance MF SIPs cross 1 million mark

Reliance Mutual Fund, the nation’s leading mutual fund in terms of assets under management, on Thursday claimed to have crossed the one-million mark in sales of their systematic investment plans.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Reliance_MF_SIPs_cross_1_million_mark/rssarticleshow/3444180.cms

HDFC MF overtakes ICICI Pru as second-largest MF in India

HDFC Mutual has overtaken ICICI Prudential, which had retained the runners-up spot for a long time.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/HDFC_MF_overtakes_ICICI_Pru_as_second-largest_MF_in_India/rssarticleshow/3438169.cms

Principal MF mobilises Rs 332 crore from fixed plan

Principal Mutual Fund on Tuesday said it has mobilised Rs 332 crore in its recently concluded new fund offer, Principal PNB Fixed Maturity Plan-91 days-series XVII.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Principal_MF_mobilises_Rs_332_crore_from_fixed_plan/rssarticleshow/3437597.cms

MF assets jump 3%; HDFC MF overtakes ICICI Prudential

The country's mutual fund industry has witnessed nearly three per cent rise in its asset under management in August.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/MF_assets_jump_3_HDFC_MF_overtakes_ICICI_Prudential/rssarticleshow/3436873.cms

Amfi plans e-platform to trade units

In order to reduce paperwork, improve efficiency & convenience and cut cost, Amfi plans e-platform to trade units.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Amfi_plans_e-platform_to_trade_units/rssarticleshow/3434134.cms

Taurus hires equity fund manager from UTI Mutual Fund

India's Taurus Asset Management said on Monday it has hired Prasanna Pathak from UTI Mutual Fund as equity fund manager, as part of its expansion plan to strengthen its presence in the domestic mutual funds industry.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Taurus_hires_equity_fund_manager_from_UTI_Mutual_Fund/rssarticleshow/3433071.cms

Goldman Sachs gets nod for mutual fund unit

Goldman Sachs said it has regulatory approval to launch mutual funds in India, Asia's third-largest economy, joining the likes of AIG , JPMorgan and South Korea's Mirae Asset who have started operations in the past 18 months.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Goldman_Sachs_gets_nod_for_mutual_fund_unit/rssarticleshow/3432672.cms

Goldman Sachs AMC gets SEBI nod to launch MF biz

Goldman Sachs Asset Management, a subsidiary of The Goldman Sachs Group, Inc. on Monday received regulatory approval from the SEBI to start a wholly-owned mutual fund business in India.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Goldman_Sachs_AMC_gets_SEBI_nod_to_launch_MF_biz/rssarticleshow/3432544.cms

Fidelity AMC announces new FMP launch

Fidelity Asset Management Company on Monday announced the launch of Fidelity Fixed Maturity Plan, Series 1 - Plan B with duration of 370 days from the date of allotment of units.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Fidelity_AMC_announces_new_FMP_launch/rssarticleshow/3431775.cms

Edelweiss MF launches maiden liquid, liquid-plus funds

Edelweiss Asset Management Limited, today announced the launch of its maiden funds--Edelweiss Liquid Fund and Edelweiss Liquid Plus Fund.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Edelweiss_MF_launches_maiden_liquid_liquid-plus_funds/rssarticleshow/3431668.cms

AMFI move to allow change of planner hits funds

As prescribed in Amfi’s best practices, the repealment of no-objection certificate (NOC) for shifting to a new financial planner (a mutual fund distributor or agent, in this case) has left a hole in the earnings kitty of large distributors.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/AMFI_move_to_allow_change_of_planner_hits_funds/rssarticleshow/3429463.cms

IDFC MF launches IDFC Strategic Sector (50-50) Equity Fund

The investment objective of the scheme is to generate long term capital appreciation from a portfolio of predominantly equity and equity related instruments.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/IDFC_MF_launches_IDFC_Strategic_Sector_50-50_Equity_Fund/rssarticleshow/3422740.cms

Bond price rally brings in huge profits for MFs

Fund managers in a handful of asset management companies have made a killing during the past few days by actively juggling their money in long-term income funds.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Bond_price_rally_brings_in_huge_profits_for_MFs/rssarticleshow/3418704.cms

Reliance MF accorded Superbrand status

Reliance Mutual Fund has been accorded Superbrand status in the 2nd edition of Business Superbrands for the year 2008.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Reliance_MF_accorded_Superbrand_status/rssarticleshow/3417326.cms

NAV to decide JP Morgan redemption pay

The redemption proceeds of the JP Morgan Alpha Fund will be paid as per the closing NAV of the last business day of the month, if the application is received on any given business day up to 3:00 pm on the 7th of each month.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/NAV_to_decide_JP_Morgan_redemption_pay/rssarticleshow/3413761.cms

Allow Mutual Funds to offer insurance covers: AMFI

Mutual fund industry has proposed that the market regulator SEBI allow mutual funds to offer insurance cover to investors along with their regular schemes.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Allow_Mutual_Funds_to_offer_insurance_covers_AMFI/rssarticleshow/3409372.cms

Edelweiss Mutual Fund to launch two liquid schemes

Edelweiss Mutual Fund is set to launch two new schemes next month and plans to offer 10 to 12 new innovative products in over one year.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Edelweiss_Mutual_Fund_to_launch_two_liquid_schemes/rssarticleshow/3408704.cms

Taurus MF ties with Bajaj Allianz

One of the oldest mutual fund houses Taurus Asset Management Company today said it has entered into an agreement with Bajaj Allianz Financial Distributors Ltd to sell its mutual fund products.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Taurus_MF_ties_with_Bajaj_Allianz_/rssarticleshow/3408661.cms

Allow MFs to offer insurance covers: AMFI

Mutual fund industry has proposed that the market regulator SEBI allow mutual funds to offer insurance cover to investors along with their regular schemes.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Allow_MFs_to_offer_insurance_covers_AMFI/rssarticleshow/3408284.cms

Taurus Mutual Fund plans major come back

Taurus Mutual Fund, one of the oldest mutual funds in the country which had fallen by the wayside all these years, is planning a major come back.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Taurus_Mutual_Fund_plans_major_come_back/rssarticleshow/3407791.cms

MF Distributors Load It Over

SEBI’s decision to waive entry load for investors approaching mutual fund houses directly instead of going through distributors, has evoked a tepid response so far.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/MF_Distributors_Load_It_Over/rssarticleshow/3405001.cms

SEBI constitutes advisory committee on MF

Market regulator SEBI has constituted an advisory committee on mutual funds under the chairmanship of former UTI Chairman S A Dave.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/SEBI_constitutes_advisory_committee_on_MF/rssarticleshow/3404682.cms

Deutsche extends close date of debt fund

Deutsche Asset Management (India) said it has extended the closing date of Deutsche Fixed Term Fund-Series 59 till Sept. 4.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Deutsche_extends_close_date_of_debt_fund/rssarticleshow/3403584.cms

The feeling's mutual: NFOs go the IPO way

The period between March and August saw AMCs launching 17 equity fund schemes. <a href="http://economictimes.indiatimes.com/quickiearticleshow/3399325.cms" target="_blank">Manage risk with diversification</a> | <a href="http://economictimes.indiatimes.com/quickiearticleshow/3399202.cms" target="_blank">Systematic investment in market pays</a>

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/The_feelings_mutual_NFOs_go_the_IPO_way/rssarticleshow/3400642.cms

Govt, PSU employees preferring investment in stocks: Assocham

MF and stocks have emerged as attractive investment tools for a majority of government employees, who until recently preferred traditional and risk-free options such as fixed deposits, a survey said.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Govt_PSU_employees_preferring_investment_in_stocks_Assocham/rssarticleshow/3394245.cms

Principal MF garners Rs 834 crore

Principal mutual fund on Friday said it has mobilised around Rs 834 crore in its recently closed new fund offer Principal Pnb Fixed Maturity Plan-30 days Series I.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Principal_MF_garners_Rs_834_crore_/rssarticleshow/3394098.cms

Fund houses may soon get to sell insurance cover

The mutual fund industry may soon be on a level-playing field with the insurance business. Stocks 52 Week: <a href="http://economictimes.indiatimes.com/fiftytwoweekhighlow.cms?exchangeid=47&exchangegroup=&exchangeindexid=0&sectorid=0&ishigh=true&pagesize=30&pagenumber=1 " target="_blank">High</a>, <a href="http://economictimes.indiatimes.com/fiftytwoweekhighlow.cms?exchangeid=47&exchangegroup=&exchangeindexid=0&sectorid=0&ishigh=false&pagesize=30&pagenumber=1 " target="_blank">Low</a> | Gainers & Losers: <a href="http://economictimes.indiatimes.com/articleshow/3376869.cms " target="_blank">BSE</a>, <a href="http://economictimes.indiatimes.com/articleshow/3376883.cms " target="_blank">NSE</a> | Only: <a href="http://economictimes.indiatimes.com/buyersellerinfo.cms?exchangeid=47&isbuyer=true&pagesize=30&pagenumber=1&sortorder=bidofferquantity " target="_blank">Buyers</a>, <a href="http://economictimes.indiatimes.com/buyersellerinfo.cms?exchangeid=47&isbuyer=false&pagesize=30&pagenumber=1&sortorder=bidofferquantity " target="_blank">Sellers</a>

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Fund_houses_may_soon_get_to_sell_insurance_cover/rssarticleshow/3387335.cms

MFs reduce exposure to low-grade corporate debt

Domestic mutual funds are taking no chances with companies with low ratings. Stocks 52 Week: <a href="http://economictimes.indiatimes.com/fiftytwoweekhighlow.cms?exchangeid=47&exchangegroup=&exchangeindexid=0&sectorid=0&ishigh=true&pagesize=30&pagenumber=1 " target="_blank">High</a>, <a href="http://economictimes.indiatimes.com/fiftytwoweekhighlow.cms?exchangeid=47&exchangegroup=&exchangeindexid=0&sectorid=0&ishigh=false&pagesize=30&pagenumber=1 " target="_blank">Low</a> | Gainers & Losers: <a href="http://economictimes.indiatimes.com/articleshow/3376869.cms " target="_blank">BSE</a>, <a href="http://economictimes.indiatimes.com/articleshow/3376883.cms " target="_blank">NSE</a> | Only: <a href="http://economictimes.indiatimes.com/buyersellerinfo.cms?exchangeid=47&isbuyer=true&pagesize=30&pagenumber=1&sortorder=bidofferquantity " target="_blank">Buyers</a>, <a href="http://economictimes.indiatimes.com/buyersellerinfo.cms?exchangeid=47&isbuyer=false&pagesize=30&pagenumber=1&sortorder=bidofferquantity " target="_blank">Sellers</a>

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/MFs_reduce_exposure_to_low-grade_corporate_debt/rssarticleshow/3378769.cms

Equity, debt fund post positive returns in July: Crisil

All equity and debt mutual funds posted positive returns in the month of July except gilt funds amid a bounce-back in the market.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Equity_debt_fund_post_positive_returns_in_July_Crisil/rssarticleshow/3378076.cms

Reliance MF doubts Novartis' inter-group deals

Rel MF has raised certain corporate governance issues, especially those relating to inter-group transactions by Novartis India. <a href="http://economictimes.indiatimes.com/quickiearticleshow/3360043.cms" target="_blank">Fund managers' advice may cost you</a>

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Reliance_MF_doubts_Novartis_inter-group_deals/rssarticleshow/3362524.cms

United Bank in tie-up with SBI MF

United Bank of India on Monday entered into a tie-up with SBI Funds Management to offer mutual funds investment products to United Bank's customers.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/United_Bank_in_tie-up_with_SBI_MF/rssarticleshow/3353312.cms

BoI appoints Ernst & Young as consultant for its MF foray

Leading public sector lender, Bank of India (BoI), is set to enter the mutual funds business and is mulling setting up a separate subsidiary for the business.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/BoI_appoints_Ernst__Young_as_consultant_for_its_MF_foray/rssarticleshow/3347881.cms

Common application, transaction platorm for MFs soon

Investors of mutual funds may soon have the facility of common application form and common online platform for investment in and redemption of mutual fund units.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Common_application_transaction_platorm_for_MFs_soon/rssarticleshow/3346413.cms

Mirae Asset launches Interval Fund - quarterly plan

Mirae Asset Mutual Fund on Wednesday launched Mirae Asset Interval Fund - Quarterly plan.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Mirae_Asset_launches_Interval_Fund_-_quarterly_plan/rssarticleshow/3334319.cms

Mirae Asset's AUM crosses Rs 3000 crore

Mirae Asset Mutual Fund, has surpassed Rs 3000 crore of asset under management at the end of the month of July.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Mirae_Assets_AUM_crosses_Rs_3000_crore/rssarticleshow/3330133.cms

HDFC Standard Life launches unit-linked wealth maximiser plus

HDFC Standard Life on Monday said it has launched its Unit Linked Wealth Maximiser Plus, a single premium investment-cum-protection plan with a minimum premium of Rs 1 lakh

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/HDFC_Standard_Life_launches_unit-linked_wealth_maximiser_plus/rssarticleshow/3325866.cms

MF industry witnesses 6% drop in AUM in July

The mutual fund industry witnessed an over six per cent drop in its assets under management for the second consecutive month in July, led by country's top fund house Reliance MF, which lost over Rs 6,000 crore in the period.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/MF_industry_witnesses_6_drop_in_AUM_in_July/rssarticleshow/3324542.cms

Real estate fund launched in Oman

An India-centric real estate fund by Cordea Nichani has been launched in Oman to tap into the Gulf nation's market.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Real_estate_fund_launched_in_Oman/rssarticleshow/3323673.cms

Sahara MF aims to join top five, double investor base

With a medium term target of joining the league of five largest fund houses in the country, Sahara Mutual Fund expects to double its customer base in less than a year.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Sahara_MF_aims_to_join_top_five_double_investor_base/rssarticleshow/3315577.cms

Aviva plans foray into mutual fund business

Private sector life insurer Aviva India said it is exploring possibility of entering into asset management business.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Aviva_plans_foray_into_mutual_fund_business/rssarticleshow/3305837.cms

JPMorgan AMC launches JPMorgan India Alpha Fund

In an attempt to turn volatile market movements in favour of investors, JPMorgan Asset Management India on Tuesday launched JPMorgan India Alpha Fund.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/JPMorgan_AMC_launches_JPMorgan_India_Alpha_Fund/rssarticleshow/3302809.cms

REMFs get clean chit from MoF

Finance ministry has brushed aside RBI's concerns of REMFs violating FDI norms in the realty sector.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/REMFs_get_clean_chit_from_MoF/rssarticleshow/3299665.cms

ING Investment launches global commodities fund

ING Investment Management India today launched a commodities fund that aims to achieve long-term capital growth by investing primarily in units of global commodity-oriented mutual funds.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/ING_Investment_launches_global_commodities_fund/rssarticleshow/3299063.cms

Sahara MF launches banking & financial services fund

Sahara Mutual Fund on Monday announced the launch of its new scheme “Sahara Banking & Financial Services Fund”.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Sahara_MF_launches_banking__financial_services_fund/rssarticleshow/3298891.cms

Edelweiss arm plans $200-m distressed asset fund

Edelweiss Alternate Asset Advisors (EAAA), an arm of Edelweiss Capital is looking at launching a $200-million distressed asset fund.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Edelweiss_arm_plans_200-m_distressed_asset_fund/rssarticleshow/3276637.cms

SBI Funds plans to launch Gold ETF

SBI Funds plans to launch a Gold Exchange Traded Fund (Gold ETF) and has sought the Sebi approval to launch the product.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/SBI_Funds_plans_to_launch_Gold_ETF/rssarticleshow/3271181.cms

UTI-MNC Fund declares 25 pc tax-free dividend

The tax-free dividend of Rs 2.50 per unit on face value of Rs 10 would be given to unitholders as on the record date of July 28, a company statement said here.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/UTI-MNC_Fund_declares_25_pc_tax-free_dividend/rssarticleshow/3270601.cms

Trump Jr plans $1 bn realty fund for India

Donald Trump Jr would join Deutsche Bank & Lehman Brothers in amassing funds to invest in the Indian realty market. <a href="http://economictimes.indiatimes.com/marketstats/2189002.cms" target="_blank">Gainers & Losers</a> | <a href="http://economictimes.indiatimes.com/Markets/Stocks/ViewsRecommendations/articlelist/3053611.cms" target="_blank">Views & Recommendations</a>

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Trump_Jr_plans_1_bn_realty_fund_for_India/rssarticleshow/3267665.cms

Fidelity brokerage assets rises to $1.92 trillion

Fidelity Investments said that total client assets at its brokerage business rose to $1.92 trillion in the second quarter of 2008.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Fidelity_brokerage_assets_rises_to_192_trillion/rssarticleshow/3265998.cms

MF AUM could account for 20% of GDP in 5 yrs

The assets under management (AUM) of mutual funds in India, which stood at 8 per cent of the GDP, has significant potential to go up to 20.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/MF_AUM_could_account_for_20_of_GDP_in_5_yrs/rssarticleshow/3251650.cms

ICICI Mutual not facing redemption pressure

ICICI Prudential Mutual Fund is not facing any redemption pressure despite the sharp fall in share prices over the last few weeks.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/ICICI_Mutual_not_facing_redemption_pressure/rssarticleshow/3251558.cms

ICICI Prudential AMC completes a decade, highlights focus

Completing ten years in the MF industry, India’s second largest asset management company ICICI Prudential, which is a JV between ICICI Bank and UK based Prudential Plc now seeks to foray into evolving sectors of MF industry.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/ICICI_Prudential_AMC_completes_a_decade_highlights_focus/rssarticleshow/3251553.cms

RTI roving eye likely to penetrate UTI MF guard

UTI Mutual Fund, the third-largest asset management company in India, could be made accountable under the Right to Information Act.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/RTI_roving_eye_likely_to_penetrate_UTI_MF_guard/rssarticleshow/3247444.cms

Principal MF, Bajaj Allianz Distributors' in tie-up

Principal Mutual Fund and Bajaj Allianz Financial Distributors announced a strategic partnership for distribution of Principal MF's products.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Principal_MF_Bajaj_Allianz_Distributors_in_tie-up/rssarticleshow/3245126.cms

Mutual funds see few takers for fixed play

In what is a clear indication of increased aversion to risky financial investments, investors are telling mutual fund distributors that they are not keen on fixed maturity plans (FMPs) with heavy exposure to real estate and non-banking finance entities.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Mutual_funds_see_few_takers_for_fixed_play_/rssarticleshow/3238636.cms

Rel MF expects 80 pc growth in asset base this fiscal

Reliance Mutual Fund expects 80 pc growth in its asset base and 100 pc jump in its size of investors.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Rel_MF_expects_80_pc_growth_in_asset_base_this_fiscal/rssarticleshow/3231889.cms

ArcelorMittal launches clean technology venture capital fund

World's largest steel-maker ArcelorMittal today said it has launched a Clean Technology Venture Capital Fund with an initial investment of 20 million dollars in California-based Miasole.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/ArcelorMittal_launches_clean_technology_venture_capital_fund/rssarticleshow/3223284.cms

UTI-ULIP all set to make a comeback

Investors have the option to invest through SIPs with minimum amount as low as Rs 500 per month. <a href=" http://economictimes.indiatimes.com/quickiearticleshow/3214018.cms" target="_blank">Top performers</a> | <a href=" http://economictimes.indiatimes.com/quickiearticleshow/3190899.cms" target="_blank">Mistakes investors make</a> | <a href="http://economictimes.indiatimes.com/marketstats/2189002.cms" target="_blank">Gainers & Losers</a>

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/UTI-ULIP_all_set_to_make_a_comeback/rssarticleshow/3222416.cms

MFs exit Bond Street, enter call route to make a killing

Mutual funds are selling bonds and deploying the proceeds in short-term money markets to make the most of tight money conditions which are driving down bond prices.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/MFs_exit_Bond_Street_enter_call_route_to_make_a_killing/rssarticleshow/3220282.cms

UTI MF enhances features of UTI-ULIP

UTI Mutual Fund has enhanced the features of UTI-Unit Linked Insurance Plan and has introduced monthly systematic investment plan under the scheme.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/UTI_MF_enhances_features_of_UTI-ULIP/rssarticleshow/3218959.cms

Mutual funds remain net buyers in June

Despite a slump in equity markets, mutual funds continued to be net buyers in the secondary equity market in June.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Mutual_funds_remain_net_buyers_in_June/rssarticleshow/3218795.cms

ICICI Prudential AMC launches banking and financial sector fund

ICICI Prudential asset management company today has launched ICICI Prudential Banking and Financial Services Fund, which seeks to capture the best opportunities presented by the banking and financial services sector.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/ICICI_Prudential_AMC_launches_banking_and_financial_sector_fund/rssarticleshow/3215716.cms

Pioneer gets SEBI nod for acquiring 51% in BOB Mutual Fund

Pioneer Investments is set to commence asset management operations and mutual fund business in India.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Pioneer_gets_SEBI_nod_for_acquiring_51_in_BOB_Mutual_Fund/rssarticleshow/3209302.cms

AMFI to evolve methodology to value floating rate bonds

Mutual funds have been driven by SEBI and an increasing media glare to come together to consider possible ground rules to value illiquid securities.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/AMFI_to_evolve_methodology_to_value_floating_rate_bonds/rssarticleshow/3208784.cms

SEBI issues no-objection to Pioneer Investments

SEBI has issued a no-objection to the inclusion of Pioneer Global Asset Management SpA (Pioneer Investments) as a co-sponsor in BoB Mutual Fund.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/SEBI_issues_no-objection_to_Pioneer_Investments/rssarticleshow/3207831.cms

Bharti AXA readies treasury, liquid fund launch; equity to follow

Bharti AXA Investment Managers is set to make a splash in the mutual fund industry with a variety of products and facilities.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Bharti_AXA_readies_treasury_liquid_fund_launch_equity_to_follow/rssarticleshow/3197601.cms

Reliance Mutual eyes presence in UAE via BOB

Reliance Mutual Fund has joined hands with Bank of Baroda UAE for the distribution of its schemes through their branches in the Gulf Co-operative Council region.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Reliance_Mutual_eyes_presence_in_UAE_via_BOB/rssarticleshow/3197174.cms

Principal mutual launches fixed income fund

Indian mutual fund firm Principal PNB Asset Management launched a close-end fixed income fund with a maturity of 385 days, it said in a statement.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Principal_mutual_launches_fixed_income_fund/rssarticleshow/3196453.cms

Invest in ING Latin America Fund, but keep an eye on risks

Falling markets have made investors not only resort to bargain hunting in India, but also look for opportunities outside.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/Invest_in_ING_Latin_America_Fund_but_keep_an_eye_on_risks/rssarticleshow/3194779.cms

MF industry witnesses 5.9 pc fall in assets in June

Country's mutual fund industry witnessed a 5.9 per cent drop in its assets in June, buckling under the pressure of the meltdown in the stock market and the slow growth in the fixed income schemes in the month.

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/MF_News/MF_industry_witnesses_59_pc_fall_in_assets_in_June_/rssarticleshow/3193173.cms

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