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TREND | 02 Dec 2024

Home First Finance Bulk Deal: HDFC Mutual Fund, Citigroup, Norges Bank Mop Up Rs 1,728-Crore Stake

NDTV Profit

HDFC Mutual Fund, Citigroup Global Markets Mauritius Private Ltd and BofA Securities Europe SA ODI, among others, bought stake in Home First Finance via bulk deals.

Mutual Funds News

TREND | 02 Dec 2024

Retail Flows Into Mutual Funds Slowed In November

NDTV Profit

Retail mutual fund inflows declined in November, with gross inflows falling from October levels, though net inflows remained steady due to reduced redemptions, according to AMFI data.

Mutual Funds News

TREND | 01 Dec 2024

Fifth time's the charm: Mutual fund largecap cutoff ready for a 17% stretch

Business Standard

The catch gets bigger - largecap and midcap thresholds to expand in January

Mutual Funds News

TREND | 30 Nov 2024

Mutual Funds returns

Business Line

As on : Nov 30, 2024

Mutual Funds News

TREND | 30 Nov 2024

Mutual fund SIP investments can hit Rs 1 trillion mark by 2030. Here's why

Economic Times

India aims to achieve Rs. 1 trillion in monthly SIP inflows by 2030, driven by enhanced financial literacy, technological advancements, economic growth, and regulatory support. However, challenges such as economic uncertainties and investor mistrust need to be addressed through continual education and comprehensive financial planning.

Mutual Funds News

TREND | 30 Nov 2024

Glimpse Into Kshitiz Mahajan's High-Risk Portfolio, Fund Picks And Strategy

NDTV Profit

Kshitiz Mahajan, chief executive officer of Complete Circle gives us a glimpse into his high-risk portfolio on the Mutual Fund Show.

Mutual Funds News

TREND | 29 Nov 2024

India's first MF based on BSE Select Biz Groups Index is here: Worth it?

Business Standard

The fund opened for subscription on November 25, 2024, and closes on December 9, 2024.

Ahead of IPO, Suraksha Diagnostic collects Rs 254 cr from anchor investors

Business Standard | 28 Nov 2024 3 more

Mutual Funds News

TREND | 28 Nov 2024

Mutual fund industry calls for easing of fraud-detection framework

Business Standard

Newly introduced alert system disrupting fund managers' ability to execute large transactions

Mutual Funds News

TREND | 26 Nov 2024, 11:40PM

Angel One gets nod for MF biz; Axis AMC settles matter with regulator

Business Standard

Axis Asset Management Company and Axis Mutual Fund Trustee have settled a matter with the Sebi by paying Rs 16.57 lakh

Axis Asset Management, Axis Mutual Fund Settle With SEBI Over Total Expense Ratio Charging Practices

NDTV Profit | 26 Nov 2024, 06:32PM

Mutual Funds News

TREND | 26 Nov 2024, 07:44PM

Axis AMC, Axis MF Trustee pay Rs 16.57 lakh to settle case with Sebi

Business Standard

Axis Asset Management Company (Axis AMC) and Axis Mutual Fund Trustee on Tuesday settled with markets regulator Sebi a case related to an alleged violation of mutual fund norms by paying Rs 16.57 lakh. Axis AMC is the investment manager of Axis Mutual Fund. The SCN was issued to Applicant 1 (Axis AMC) as it has incurred the excess expenses of the mutual fund scheme, thereby allegedly violating the Sebi rules, whereas Axis Mutual Fund Trustee (applicant 2) by not ensuring the compliance of Applicant 1 with the Mutual Fund regulations, Sebi said in the order. The order came after the applicants proposed to settle the instant proceedings initiated against them, without "admitting or denying the findings of facts and conclusions of law". The Securities and Exchange Board of India (Sebi) initiated adjudication proceedings against the Axis AMC for the alleged violation of Sebi rules and against the Axis Mutual Fund Trustee Ltd for the alleged violation of Mutual Funds rules. Thereafter,

Angel One's AMC arm gets Sebi's approval to launch mutual fund business

Business Standard | 26 Nov 2024, 05:47PM