Fund managers are reducing weight in IT sector; time to be cautious or value buys?
Fri, 16 Jun 2017 15:36:43 +0530
Aptech rose 200 percent, followed by Mastek which rallied 93 percent, Datamatics up 89 percent, and TVS Electronics rose 87 percent in last one year.
Bluechip bets! Top 10 stocks in which fund managers raised their stake in May
Fri, 16 Jun 2017 07:36:45 +0530
The total category wise asset under management (AUM) of the mutual fund (MF) industry slipped by 1.2 percent or Rs 22,327 crore to Rs 19.03 lakh crore for the month of May 2017, but equity funds saw an increase of 2.7 percent in the same period.
MF investor base grows 19 lakh in Apr-May to record 5.72 cr
Thu, 15 Jun 2017 14:13:11 +0530
In the two years, investor accounts went up following robust contribution from smaller towns.
All mutual funds will now have to register online from June
Fri, 02 Jun 2017 10:03:05 +0530
This move will help in making it easier for the existing and new fund houses to complete their registration with SEBI much faster and in a cost-effective way.
Investors#39; complaints against MFs up 40% to 17,569 in FY#39;17
Fri, 02 Jun 2017 09:25:11 +0530
These complaints pertain to data corrections in investor details and non-updation of changes about address, PAN (Permanent Account Number) details and nomination, among others.
Fund managers shrug off exposure to IDBI Bank#39;s downgraded bond
Tue, 30 May 2017 10:52:50 +0530
Top mutual funds like Reliance Mutual Fund, HDFC Mutual Fund, Birla Sun Life Mutual Fund have exposure to IDBI BankÔ??s perpetual bond (AT-1)
Ludhiana, Nagpur, Indore, Patna among top 15 cities contribution the most to MF flows
Mon, 29 May 2017 08:25:31 +0530
The other encouraging trend emerging is the growing contribution of smaller cities (termed as B-15 cities by AMFI) in this growth phase. The share of B-15 cities has increased from 13.5% to 17% over the last 3 years.