It took a whole calendar year, but assets under management (AUMs) of the Indian mutual fund industry have once again crossed the Rs 6 lakh crore (Rs 6 trillion) mark. The same mark had first been......
Mutual funds (MFs) added systematic investment plan (SIP) accounts at a record pace in 2023 with the net additions in the calendar year surpassing 15 million — 24 per cent higher than the......
In 2013-14, as many as 45 people each earned more than Rs 1 crore (Rs 10 million) commission as a mutual fund (MF) distributor. This is up from 33 in 2012-13 and 22 in 2011-12. Sundeep Sikka,......
Anil Dhirubhai Ambani Group-promoted Reliance Mutual Fund, which launched its maiden Gold Savings Fund in Chennai on Wednesday, is open to setting up investment schemes focused on silver and......
The country's largest fund house, Reliance Mutual Fund, said Tuesday it is open to acquisitions if some good opportunities come its way. "We remain open to opportunities if appropriate valuations......