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Equity rally fuels fastest quarterly growth in MF assets in five years

Mutual funds (MFs) managed a record Rs 66.2 trillion in assets during the July-September quarter, marking a 12.3 per cent increase over the previous three-month period — the highest quarterly......

Bajaj now third most valued finance group; overtakes SBI

India’s financial sector is dominated by large government-owned and private-sector banks. Photograph: Kind courtesy Bajaj Housing Finance Major players like State Bank of India (SBI), HDFC......

Why Mutual Fund Inflows Have Surged

Largecap, flexicap, and balanced advantage funds together recorded a net inflow of Rs 9,363 crore in August, representing a 70% increase from the previous month's total. Illustration: Uttam......

Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

The Rs 84,000 crore domestic fund of funds (FoFs) space, which was in the doldrums over the past 18 months, has now caught the attention of investors due to a change in the tax structure in Budget......

BAF's Withstand Black Monday Turmoil

Data from Amfi shows that NAV of every one in two BAFs declined 1.5% or less on Monday compared to a 3.13% decline in Nifty 500. Illustration: Dominic Xavier/Rediff.com Balanced Advantage......

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Icici Prudential Asset Management

News for Icici Prudential Asset Management

Equity rally fuels fastest quarterly growth in MF assets in five years

Bajaj now third most valued finance group; overtakes SBI

Why Mutual Fund Inflows Have Surged

Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

BAF's Withstand Black Monday Turmoil

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