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.
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