Mutual Fund inflows in stocks drop 27% to Rs 51,000 crore in FY17
Mutual fund managers' investment in equities declined by 27 percent to over Rs 51,000 crore in 2016-17 due to volatility in stock markets.
Apr 09, 2017, 16:27 PM IST
MFs' exposure to bank stocks hit record Rs 1.2 L cr in February end
Mutual Fund managers seem to be bullish on bank shares as they raised their allocation in the sector to an all time-high of over Rs 1.2 lakh crore at the end of February, primarily on account of cheaper valuations.
Mar 24, 2017, 14:32 PM IST
Let govt staff's pension funds to invest 50% in equities: PFRDA
The pensions fund regulator PFRDA wants government to more than treble investment levels in equity markets by government subscribers under the National Pension System (NPS) up to 50 percent from 15 percent now.
Mar 09, 2017, 18:18 PM IST
Singapore fund managers' assets hit SGD 2.6 trillion in 2015
Fund managers in Singapore saw a 9 percent increase in assets under management to S$2.6 trillion ($1.90 trillion) in 2015, buoyed by growth in the alternative asset sector, the city-state`s central bank said on Wednesday.
Oct 05, 2016, 12:19 PM IST
MF exposure to bank stocks hits record high of Rs 1 lakh crore
Mutual Fund managers remained bullish on bank shares as they raised their allocation in the sector to an all time-high of over Rs 1.05 lakh crore at the end of August.
Sep 19, 2016, 15:25 PM IST
Give govt employees freedom to choose fund managers: PFRDA
Insurance regulator PFRDA wants government employees to be given freedom to choose their fund managers and investment pattern for money invested in Atal Pension Yojana.
Apr 12, 2016, 20:35 PM IST
MFs log 1st outflow in 21-mths; invest Rs 70K crore in FY16
This was the first outflow since May 2014, when MFs had pulled out Rs 1,078 crore.
Mar 28, 2016, 15:41 PM IST
Indian funds as good as foreign peers, need scale: UTI chief
Stating that Indian mutual fund industry has potential to grow as much as 100 times of its current size of about Rs 13 lakh crore, Puri said, "Indian fund managers are not very large, but they have been quite successful stock pickers."
Aug 09, 2015, 17:26 PM IST
Equity MFs get retail lift, attract Rs 33,000-cr in Jun quarter
Mutual fund managers continue to keep faith in equities, putting in nearly Rs 33,000 crore in April-June 2015, primarily driven by strong participation of retail investors.
Jul 08, 2015, 17:26 PM IST
Major funds draw up plans to leave London if Britain quits EU
Prime Minister David Cameron`s Conservatives won an unexpected majority in polls last month and are now seeking to renegotiate Britain`s relationship with the 28-member bloc ahead of a plebiscite.
Jun 14, 2015, 08:25 AM IST
Mutual funds' exposure to IT stocks hits 4-month low in April
Investments by mutual fund houses in software shares hit a four-month low of around Rs 34,000 crore at the end of April.
Jun 04, 2015, 19:27 PM IST
EPFO retains 4 fund managers; also appoints UTI AMC
Retirement fund manager EPFO has retained its existing four fund managers SBI, ICICI Securities Primary Dealership, Reliance Capital and HSBC AMC for a three-year term, starting April 1, 2015.
Apr 15, 2015, 20:22 PM IST
MF investment in debt market soars to Rs 6 trillion in FY15
Moreover, mutual fund houses are upbeat about overall inflows in equities and debt markets for the current financial year (2015-16) as well.
Apr 03, 2015, 14:12 PM IST
EPFO likely to appoint fund managers, raise pension age next month
Retirement fund body EPFO is likely to appoint fund managers on March 11 for a three year term from April 1 and raise age limit for vesting of pension by two years to 60.
Feb 25, 2015, 15:30 PM IST
EPFO to raise pension age today, appoint fund managers
Retirement fund body EPFO is likely to appoint fund managers Thursday for a three year term from April 1 and raise age limit for vesting of pension by two years to 60.
Feb 19, 2015, 09:02 AM IST
EPFO to raise pension age Thursday, appoint fund managers
Retirement fund body EPFO is likely to appoint fund managers Thursday for a three year term from April 1 and raise age limit for vesting of pension by two years to 60.
Feb 18, 2015, 17:58 PM IST
EPFO trustees to appoint new fund managers on Feb 19
Retirement fund body EPFO's apex decision making body the Central Board of Trustees (CBT) is likely to appoint new fund managers on February 19 for 3-year term beginning April 1.
Feb 05, 2015, 15:00 PM IST
6 qualify in initial bids to manage EPFO funds; Axis AMC out
Six fund managers, including HSBC AMC, ICICI Prudential, Reliance Capital AMC and UTI AMC, have qualified in initial bids for managing EPFO funds for a three-year term beginning April 1.
Jan 09, 2015, 20:08 PM IST
MFs' exposure to bank stocks surges to Rs 63,000 cr in Oct
Mutual fund managers raised their exposure in bank stocks to an all-time high of nearly Rs 63,000 crore in October this year amid a rally in the stock market.
Nov 12, 2014, 14:22 PM IST
Debt mutual funds see outflow of Rs 67,000 cr in Sept
Fund managers showed strong preference for equity schemes over debt as the 'money market' category saw a massive outflow of over Rs 67,000 crore in September.
Oct 24, 2014, 17:27 PM IST
