Today, it holds $131 billion in assets under management.
The markets will remain choppy ahead of RBI policy.
KYC done while opening a bank account can be used to open a mutual fund account.
Why India is an attractive investment destination
Aditya Birla Money MD talks about liquidity concerns in the market.
The surge in the stock market has failed to stem the trend of small-sized brokers shutting operations.
But trading through the route still a minuscule portion of total turnover
D-Street is hoping RBI policy review meeting on Tuesday will uphold its stand on easing of interest rates
Japanese data were adversely affected by slower consumption and inventory contribution.
HNI equity folios up 46% in the first half of FY15.
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
Time opportune, with market buoyancy and entry of new entities
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Close to 50 companies have announced stock splits this year so far, something experts say is typical in a bull phase.
According to technical analysts, the Nifty could trade in the range between 7,400 and 7,700.
Bluechips underperform in recent rally.
Of the 280-odd equity schemes that have been in existence for five years or more, 190 funds or about 70 per cent of those funds have outperformed their respective benchmark indices.
The return of investor confidence in the equity markets is bringing some of the large companies back to the fund-raising table.
Besides foreign flows, corporate earnings and US Federal Reserve chief Janet Yellen's testimony to the nation's legislature are also likely to impact investor sentiment.
Any change in rates would mean more volatility; else, poll outcome-fuelled rally expected to continue.
Of the 70 international feeder funds, more than half have made losses in 2014.
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