Mutual Fund assets slip below Rs 5 trillion

The mutual fund industry witnessed a 18 per cent decline in its assets under management in October, plunging below the Rs 5-trillion mark for the first time this year. The combined average assets......

India's top 5 mutual fund houses

State-run UTI Mutual fund has toppled private sector ICICI Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance MF has retained its top position. According......

BSE, too, kicks off mutual fund trading

Less than a week after the National Stock Exchange launched its mutual funds transaction platform, Asia's oldest bourse, the Bombay Stock Exchange, on Friday made operational its own MF platform......

Smaller is better in equity mutual funds

‘Small is beautiful’ appears relevant in comparing the performance of smaller equity mutual fund schemes with larger peers. Among the top 10 equity schemes in 2013 by returns, it is the......

A perfect comeback for Clijsters

With the silver trophy tucked under one arm and cradling her daughter Jada in the other, Kim Clijsters provided a huge lift for working mothers around the world as she was crowned US Open champion......