Subscribe: Posts | Comments | Email
January 4, 2010 by | No Comments
Brokerage firm Motilal Oswal Financial Services on Monday said it has received the final approval from market regulator SEBI to set up a mutual fund business in the country. The BSE-listed company said it has received the final certificate of registration approval from SEBI through its subsidiary Motilal Oswal Securities Ltd. It had received an [...]
June 12, 2009 by | No Comments
Baroda Pioneer AMC on Wednesday launched Baroda Pioneer Treasury Advantage Fund, an open-ended debt fund, which aims to provide optimal returns and liquidity by investing in a portfolio comprising of debt securities and money market instruments. The Fund is designed in such a way that investors are provided with investment avenues for their short-term surpluses [...]
June 7, 2009 by | 1 Comment
Kotak Mahindra Asset Management Company, one of India’s leading mutual fund houses, entered into a distribution tie-up with Bank of Baroda. Under the agreement, Bank of Baroda will offer the entire bouquet of Kotak Mutual Fund products from the bank’s branches. The distribution agreement was signed in the presence of Mr. M D Mallya, Chairman [...]
June 4, 2009 by | No Comments
Bharti AXA Life Insurance Company, the private life insurance joint venture between Bharti Enterprises and AXA today launched an innovative premium guarantee product – ‘Guarantee Builder’. ”The launch of Guarantee Builder is in line with our objective to provide best-in-class products to suit the needs of different customer profiles. While our other ULIPs partner with [...]
June 2, 2009 by | No Comments
Fidelity Mutual Fund on Monday announced the merger of its Fidelity MultiManager Cash Fund (FMMCF) with Fidelity Cash Fund (FCF). FMMCF is a cash fund of funds scheme, while FCF is an open-ended liquid scheme. The merger will be effective from July 10. This merger is being carried out as a result of similarities between [...]
June 1, 2009 by | No Comments
Shinsei Asset Management (India), plans to launch its first two mutual fund products in india before end-July and targets to have approx 6-8 products in the market in the next 18-months, a top company official said. “We plan to hit the Indian market with an equity and a fixed income product by end-July. We also [...]
May 29, 2009 by | No Comments
As part of its drive to stem the flow of black money into the capital market, the government is looking to further tighten Know-Your-Client (KYC) norms for mutual fund investments. According to officials in the mutual fund industry, the finance ministry has suggested that all investments in mutual funds should be subject to KYC norms. [...]
May 28, 2009 by | No Comments
Equity diversified NAVs finished with positive returns and their advance:decline ratio stood at 176:37, as the benchmark indices ended the last day of May series on a positive note. This rally was led by shares of capital goods, metal, banking, oil & gas exploration and select power companies. The 50-share NSE Nifty closed at 4337.10, [...]
May 28, 2009 by | No Comments
Reliance Mutual Fund will shortly launch an Islamic fund in Malaysia, a top company official said. “We have set up a subsidiary and it is launching an Islamic fund in Malaysia shortly,” Reliance Capital Asset Management CEO, Sundeep Sikka, told reporters on the sidelines of a press meet here. The company now plans to open [...]
May 28, 2009 by | No Comments
Reliance Anil Dhirubhai Ambani group-controlled Reliance Mutual Fund, on Wednesday annnounced the launch of its Reliance Infrastructure Fund. The infrastructure fund, an open-ended fund, will invest predominantly in companies engaged in infrastructure and infrastructure-related sectors in the country, Reliance Capital Asset Management CEO, Sundeep Sikka, told reporters here. The primary investment objective of the fund [...]
Duis aute in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur non proident fugiat nulla pariatur.
Fugiat nulla pariatur Enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.