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Retail investors remain invested despite volatile equity markets
Date : 2012-04-30 | Views : 25
The latest numbers, as of March 2012, on investor category-wise assets under management (AUM) and folios released by Association of Mutual Funds in India (AMFI) indicate that 61% of retail investors have ...read more
IDBI Mutual Fund announces launch of IDBI India Top 100 Equity Fund
Date : 2012-04-24 | Views : 55
IDBI Mutual Fund today announced the launch of IDBI India Top 100 Equity Fund, an actively managed, open ended growth scheme. ...read more
Tata AIG General launches MediPrime
Date : 2012-04-24 | Views : 16
Tata AIG General Insurance Company today announced the launch of their first domestic lifetime renewable reimbursement health insurance policy - MediPrime. ...read more
RBI cuts repo rate by 0.50 bps
Date : 2012-04-17 | Views : 61
In an unexpected move, the RBI has reduced repo rate by 0.50% to spurge growth. It is likely to lower the interest rate on the home loans also. ...read more
Lending rates unlikely to fall by more than 50 bps in 2012-13
Date : 2012-04-12 | Views : 27
CRISIL Research, India’s largest independent and integrated research house, does not foresee a significant reduction in lending rates for corporate and retail borrowers in 2012-13. Continuing tightness in ...read more
March AUM plunges to the lowest since 2009
Date : 2012-04-10 | Views : 36
According to the latest numbers released by the Association of Mutual Funds in India (AMFI), the mutual fund industry's month-end assets under management (AUM) plunged by over 13% (Rs 880 billion) to Rs 5...read more
Indian Railway Finance Corporation (IRFC) Tax Free Bonds list on the stock exchanges
Date : 2012-03-04 | Views : 77
The tax-free bonds of the Indian Railway Finance Corporation (IRFC), the financing arm of Indian Railways, made their debut on Friday on the National Stock Exchange (BSE) and Bombay Stock Exchange (BSE) at...read more
Future Generali India Life Insurance and The Karnataka State Co-operative Apex Bank enter into Banca
Date : 2012-02-23 | Views : 104
Future Generali Life Insurance Company (FGLIC) and The Karnataka State Co-operative Apex Bank Ltd. today announced their Bancassurance Partnership here at Bangalore. Copies of the formal agreement were sha...read more
AUM up 8% on liquid fund inflows, market gains in equity funds
Date : 2012-02-10 | Views : 86
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
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