For old age, pick mutual funds over retirement schemes

It is imperative that one accounts for inflation while building a retirement corpus. And, there are various instruments - slightly riskier than debt - that need to be accommodated in it, to earn......

Small Town India Falls In Love With MFs

More than 50 per cent of SIP accounts come from semi-urban and rural areas. Illustration: Uttam Ghosh/Rediff.com India's smaller cities and rural areas give a wider picture of how the economy is......

Markets volatile: UTI Mutual Fund defers IPO

UTI Asset Management Company, country's first fund housethat was planning to go public during this month, has deferred its initial public offering owning to uncertain market conditions. The IPO has......

UTI Mutual Fund continues to lead

Even after the split, UTI Mutual Fund continues to hold the largest market share of 14.47 per cent closely followed by ICICI Prudential, HDFC Standard Life and Templeton in the over Rs 1,00,000......