Star fund managers jump ship even as assets soar

Exodus of top managers an unintended side effect of roaring MF industry Illustration: Uttam Ghosh/Rediff.com The mutual fund (MF) industry has never had it better. Assets are growing at a......

Why fund managers are switching stock bets

Shares of construction major Larsen & Toubro (L&T) and the country's largest lender, State Bank of India (SBI), are in high demand among equity fund managers, who substantially raised their......

Mahindra scouts for foreign partner to grow MF business

Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 4,000 crore Illustration: Uttam......

Maruti's Gujarat plan: Mutual Fund cos head to Sebi, LIC

Seven leading mutual funds have sought a meeting with the Securities and Exchanges Board of India and Life Insurance Corporation of India to explain their concern over Suzuki's decision to set up a......