ICICI PRU to Launch NFO
ICICI Prudential Mutual Fund is scheduled to launch a PSU equity fund on Tuesday, an open-ended equity scheme that will predominantly invest in equity and equity related instruments of public…
Delhi-Mumbai Expressway To Propel Economic Growth In Maharashtra
Union Road Transport and Highways Minister Nitin Gadkari has said that the under construction Delhi-Mumbai Expressway, the Nagpur–Mumbai Samruddhi Mahamarg and a number of new road projects will propel further…
India shown consistent improvement in economic performance in last 4 years
Despite the massive disruptions in both demand and supply side factors as caused by the COVID-19 pandemic and further geopolitical distress, India is the only economy among the top ten…
WhiteOak Capital Mutual Fund launches its first scheme
White Oak Capital MF is a recent entrant to the Indian Mutual Fund industry. The AMC recently acquired Yes AMC also. Aashish Somaiyaa is the CEO of WhiteOak Capital Mutual…
Insider trading rules may apply to mutual fund trades
Market regulator Securities and Exchange Board of India (Sebi) has proposed to bring in buying and selling of mutual fund units under insider trading rules. Currently, these are specifically excluded…
Equity MFs get Rs 15,500 crore inflows in June
Retail investors continued to show confidence in equity mutual funds last month despite the sharp fall in both Indian and overseas markets, with equity schemes witnessing net inflows of ₹15,498…
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ASK launches Rs 1,500 crore category III AIF
ASK Investments Managers, one of India’s largest asset and wealth management companies, announced the launch of ASK Golden Decade Fund, a closed-ended, long-only, Category III AIF that aims to take…
BNP Paribas MF ceases to exist as mutual fund: Sebi
BNP Mutual Fund ceases to exist as a mutual fund, capital markets regulator Sebi said on Wednesday. This comes after BNP Paribas Asset Management Company Private Limited (BNPP AMC) informed…
Navi MF files for Internet of Things ETF Fund of Fund
Navi Mutual Fund has filed a draft scheme information document with the Securities and Exchange of India (Sebi) for the Internet of Things ETF Fund of Fund (FoF). It is…