Mutual funds bet on 'special' opportunities as uncertainties loom

Mutual funds are looking to tap into the special opportunities theme ahead of the results of the general election results and the continued uncertainty on the geo-political and interest rate......

Distributors flock to MFs as returns, flows improve

An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. Illustration: Dominic Xavier/Rediff.com The industry has onboarded a net of 11,600......

Near-term positives priced in for HDFC Asset Management Company stock

HDFC Asset Management Company (HDFC AMC) reported a healthy profit after tax (PAT) of Rs 430 crore for the July-September quarter (Q2) of financial year 2023-24 (FY24). Illustration: Uttam......

AMC stocks' Q1 after-party may be nearing an end

Asset Management Companies (AMCs) demonstrated improved business metrics in the first quarter ended June 2023 (Q1FY24), but a sharp run-up in stocks leaves little room for further upside in the......