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Franklin Templeton to launch a feeder into Franklin US Opportunities fund
Date : 2012-01-20 | Views : 38
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
Mark to market losses lead to YoY decline in mutual fund assets for year ended December, 2011
Date : 2012-01-14 | Views : 37
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
Mutual Fund industry witnesses first net inflows since July
Date : 2011-11-23 | Views : 148
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 Life Insurance launches two Child Plans
Date : 2011-11-23 | Views : 166
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 wins the e-Commerce award
Date : 2011-11-11 | Views : 81
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 & mid cap funds outperform other equity funds
Date : 2011-11-01 | Views : 63
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
Savings interest rate deregulation to benefit customers: CRISIL
Date : 2011-10-26 | Views : 144
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
Mutual fund AUM falls around 8% due to outflows from short maturity debt funds
Date : 2011-10-13 | Views : 96
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
Upward interest rate makes an impact
Date : 2011-10-11 | Views : 82
CRISIL Research, India’s largest independent and integrated research house, estimates that rising interest rates would increase the equated monthly installments (EMIs) of home loan borrowers by about Rs 60...read more
Mutual funds’ average AUM falls by 4% to Rs 7,171 billion in July-September quarter
Date : 2011-10-05 | Views : 110
Indian mutual funds’ average assets under management (AUM) fell by 4% or Rs 299.31 billion to Rs 7,171 billion for quarter ended on September, 2011 ...read more
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