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Mutual fund asset base rises by Rs 2 trillion in 2012

After two consecutive years of plunge, the mutual fund industry managed to register a smart turnover in 2012, with its assets base seen nearing Rs 8 trillion with an increase of about Rs 2 trillion......

MFs' exposure to bank stocks soar to 20.1%

The mutual fund industry is betting big on banking space with investments worth more than Rs 42,000 crore (Rs 420 billion) in bank stocks - taking this sector's exposure to the highest level in......

FIIs pump $21 bn in Indian stocks in 2012

Overseas investors have made net investments of $1.2 billion in the Indian equity market during the first week of the month, taking the total for 2012 so far to a whopping $21 billion.During......

Investors pump in Rs 47,000 crore in MFs in Oct

Investors pumped in nearly Rs 47,000 crore (Rs 470 billion) in various mutual funds during October, making it the highest net inflow in six months, after a net outflow in the previous month.At......

Stock market gears up for new Samvat

As a new Samwat year begins tomorrow on Diwali, the stock market is looking up to prosperous gains after an increase of over Rs 5 lakh crore in the overall investor wealth over the past year. A new......

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Destimoney Securities Md

News for Destimoney Securities Md

Mutual fund asset base rises by Rs 2 trillion in 2012

MFs' exposure to bank stocks soar to 20.1%

FIIs pump $21 bn in Indian stocks in 2012

Investors pump in Rs 47,000 crore in MFs in Oct

Stock market gears up for new Samvat

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