India’s largest broking firm Zerodha has received in-principle approval to set up an asset management company (AMC) company. With this, the discount brokerage joins entities like Samco Securities and Bajaj…

Indiabulls Housing Finance (IBHFL) has received the CCI approval to divest its mutual fund business to Groww for Rs 175 crore. The company's wholly-owned subsidiaries Indiabulls Asset Management Company Ltd…

HSBC Mutual Fund is in talks to buy the mutual fund arm of L&T Finance Holdings for Rs 2500 crore – Rs 3000 crore to grow its asset management business…

Franklin Templeton Mutual Fund will distribute ₹2,918.5 crore to unitholders of six debt mutual fund schemes, starting 1 September, according to a note issued by the fund house to mutual…

Half of the total SIP accounts in the MF industry have been discontinued in the last financial years, shows IDFC MF Report based on CAMS MFDex data. The data shows…

India has fewer funds focused on environmental, social and governance (ESG) issues than other top 10 economies, data shows, amid investor caution about ESG funds that have yet to build…

Financial services company Bajaj Finserv on Tuesday announced that SEBI has given its in-principal nod to the company for sponsoring a Mutual Fund. The company would also be setting an…