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…
BSE’s StAR MF platform sees record 29.9 lakh single-day transactions
BSE's mutual fund distribution platform StAR MF processed a record 29.9 lakh transactions in a single day on Monday. The platform has surpassed its previous best single-day record of 26.65…
Working groups to review MF’s sponsor eligibility, role of trustees
SEBI on Friday formed two working groups to review the role and eligibility of a sponsor of a mutual fund to facilitate growth and innovation in the industry and to…