More of Maruti Suzuki’s institutional investors have joined forces against what they term as a blatantly wrong and value-eroding “oppressive transaction&", which will convert the auto maker into a “shell entity&".
Platinum holdings in physically backed exchange-traded funds have hit a record high after fresh inflows into funds listed in London and Johannesburg, and are set to rise further as a strike in major producer South Africa grinds on.
Mutual funds' investment in software stocks stood at Rs 27,772 crore as on January 31, 2014, accounting for 15.20% of their total equity assets under management (AUM) of Rs 1.83 lakh crore, according to the Sebi data.
Birla Sun Life Mutual Fund has launched a new fund 'Birla Sun Life Focused Equity Fund- series 2', which is a closed ended equity scheme investing in eligible securities as per Rajiv Gandhi Equity Savings Scheme, a company release said.
Investors have pumped in more than Rs 1.6 lakh crore in various mutual fund schemes in the first ten months of the ongoing financial year, more than double the amount infused by them in entire 2012-13 fiscal.
Bihar's hinterland has topped the list when it comes to growth in mutual funds' asset under management (AUM) in states which lag the national average, according to a report released by the Securities and Exchange Board of India (Sebi).
The Securities and Exchange Board of India’s proposal to the government asking that all public sector companies to be allowed to invest in mutual funds, could potentially add up to Rs 2.74 lakh crore to mutual fund assets.
The Securities and Exchange Board of India’s proposal to the government, asking for all public sector companies to be allowed to invest in mutual funds, could add up to Rs 2.74 lakh crore to mutual fund assets.
Drawing from hugely-popular 401(k) pension plans in the US, the Securities and Exchange Board of India (Sebi) has proposed a new Mutual Fund Linked Retirement Plan (MFLRP), which it expects to generate over Rs 18,000 crore annual inflows into capital
Mutual funds and insurance firms are awaiting go-ahead from their respective regulators -- Sebi and IRDA -- with regard to their participation in the newly launched Interest Rate Futures (IRF) on stock exchanges.
Due to risk aversion and lack of proper knowledge about them among the buyers, the share of unit-linked insurance plan (Ulip) in life insurers' premium collections has fallen to 30 per cent now from as high as 70 per cent, according to the Life Insurance