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Nomura to buy 35% in LIC Mutual Fund

Japan's Nomura Group is set to acquire 35 per cent in LIC Mutual Fund, India's seventh largest mutual fund, after the board of directors of Life Insurance Corporation approved a proposal to induct......

'Landmark Moment For Capital Market'

DIIs owned equities worth Rs 73.5 trillion, just 1.9 per cent less than FPIs.This marks a significant change from a decade ago. Illustration: Uttam Ghosh/Rediff.com The ownership gap between......

Why the 'sponsorless' mutual funds could be a good idea

The Securities and Exchange Board of India (Sebi) has just released a proposal to alter the regulations pertaining to the sponsor system for mutual funds. Illustration: Uttam Ghosh/Rediff.com One......

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......

M Damodaran to head UTI Mutual Fund

Unit Trust of India chairman M Damodaran is likely to head the new market value-based UTI Mutual Fund, promoted by LIC and three leading banks, after the new fund becomes operational from February......

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Lic Mutual Fund Asset Management Company

News for Lic Mutual Fund Asset Management Company

Nomura to buy 35% in LIC Mutual Fund

'Landmark Moment For Capital Market'

Why the 'sponsorless' mutual funds could be a good idea

Markets volatile: UTI Mutual Fund defers IPO

M Damodaran to head UTI Mutual Fund

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