NEWS

aegon religare...read more

The mutual fund industry’s month-end assets rose by over 8% or Rs 477 billion to Rs 6.59 trillion in January 2012 on the back of inflows in money market funds and mark-to-market gains in equity funds. ...read more

Franklin Templeton Investments (India), one of the largest fund houses in the country*, is launching a new open end fund of fund called FT India Feeder - Franklin US Opportunities Fund (FTIF -FUSOF). ...read more

The Indian mutual fund industry’s year-on-year (YoY) assets fell over 2% in 2011 to Rs 6.11 trillion as of end December, 2011, due to mark to market losses in the equity category, despite net inflows of R...read more

Indian mutual fund industry witnessed its first net inflows since July when month-end assets under management (AUM) rose over 8% in October primarily due to net inflows into the short maturity mutual fund ...read more

Kotak Mahindra Old Mutual Life Insurance Limited (Kotak Life Insuranced announced the launch of two traditional (Non Unit Linked) child plans - . Kotak Child Edu Plan and Kotak Child Future Plan. While Kot...read more

Tata AIG General Insurance Co. Ltd. was awarded the E-Commerce Award by Asia Insurance Technology Awards (AITA) 2011 at a ceremony held at Seoul, South Korea on Nov 9, 2011. The E-Commerce Award recogniz...read more

Small and mid cap equity funds outperformed other equity funds for the second consecutive quarter ended September 2011 as per the latest mutual fund rankings released by CRISIL Research, India’s largest i...read more

CRISIL believes that the Reserve Bank of India’s (RBI’s) deregulation of savings deposit interest rate will benefit depositors by providing them with wider banking options and by increasing interest income...read more

Indian mutual fund industry’s month-end assets under management (AUM) fell around 8% or Rs.548 billion in September, primarily dragged down by outflows from ultra short term debt and liquid funds to the ex...read more