IDFC is merging its Portfolio Management Services business with the newly-acquired Standard Chartered Mutual Fund to sell MF products targeting high net worth individuals. "At present, we have......
Exodus of top managers an unintended side effect of roaring MF industry Illustration: Uttam Ghosh/Rediff.com The mutual fund (MF) industry has never had it better. Assets are growing at a......
Sebi is reportedly examining the matter internally and has reached out to the fund house on the matter. IMAGE: Kindly note that this image has been posted for representational purposes only.......
Despite strong AUM growth, MFs lag behind other popular investment avenues.MFs received only 6 per cent of total household savings in 2021-2022. Illustration: Uttam Ghosh/Rediff.com In 2019, the......
In last few years, a number of global players have exited the Indian mutual fund business. In its first ever acquisition, Reliance Capital Asset Management (RCAM) on Wednesday announced takeover of......