Mutual funds collect Rs 1.18 lakh cr via NFO in 2024

Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to......

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. Photograph:......

HDFC Bank Q3 a 'strong' quarter despite just 2% profit growth: Analysts

Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year......

Top 5 Mutual Funds Deadlift Rs 11 Trillion

AUM heavyweights SBI, HDFC and ICICI Pru flex muscle, adding Rs 2 trillion+ each. Illustration: Uttam Ghosh/Rediff.com Mutual fund houses saw robust asset growth in the third quarter, with the......