The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Illustration: Uttam Ghosh Two new fund offerings (NFOs) — ICICI Pru Active Momentum Fund and......
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to......
Dividend-stripping is on in full swing. In the past one-year alone, a minimum of Rs 1300 crore (Rs 13 billion) has entered and exited equity-oriented mutual fund schemes apparently to avail of......
L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.Illustration: Uttam Ghosh/Rediff.com Mutual funds have given excellent......