|MF News-MF-Economic Times|
|These HDFC mutual fund schemes to benefit from Essel repayments|
Here is the scheme-wise market value exposure of HDFC mutual fund to Essel group of companies as on September 11.
|8 schemes of ABSL Mutual Fund receive part payment from IL&FS’ SPV|
Aditya Birla Sun Life Mutual Fund has received payment towards overdues against exposure in special purpose vehicles.
|Corporate tax slashed for domestic companies and new domestic manufacturing companies|
Sitharaman believes that the push will act as a catalyst and pump growth.
|Tata Mutual Fund launches banking and PSU debt fund|
The scheme will be open for subscription till October 3.
|Mutual funds likely to extend Essel Group's deadline for repaying remaining debt|
Essel group had told funds holding the pledged shares that it could offload a further 10 per cent in Zee to repay the balance.
|FIIs offload shares worth $4.73 billion since July, worst quarterly selloff in 20 years|
India Ratings believes foreign funds flow into India is expected to remain under pressure.
|Mutual fund AUM rises 4% to Rs 25.47 lakh crore in August|
In the first five months of FY20, the industry's asset base increased by Rs 1.68 lakh crore, Care Ratings said in its report.
|Mutual fund SIPs collect Rs 8,231 crore in August, 7.5% higher yoy|
Total SIP contribution in the first five months of the current fiscal rose to Rs 41,098 crore.
|Motilal Oswal Group launches SIP for employees|
All confirmed and on-roll employees of Motilal Oswal Group are eligible for MOGSIP
|PGIM debt funds’ NAV falls up to 30%|
PGIM, formerly DHFL Pramerica, said the NCDs of Reliance Broadcast are backed by pledged shares of Reliance Nippon Asset Management.
|RIL, DMart, Britannia top mutual funds' shopping list in August|
The top 10 fund houses have incrementally invested Rs 4,970 crore in the stock in August.
|UTI Credit Risk Fund to segregate portfolio of Altico Capital|
Upon recovery of money from Altico Capital India in the segregated portfolio it will be distributed to the investors in proportion to their holding
|Mutual funds add around 5 lakh folios in Aug, total tally reaches to 8.53-cr|
Folios are numbers designated to individual investor accounts. An investor can have multiple folios.
|Here are the stocks that top mutual fund houses bought this month|
“Indian equities are offering good value,” says Prashant Jain, ED & CIO of HDFC AMC.
|Mark-to-market valuation likely for all debt securities|
The move could dim the popularity of products such as liquid schemes.