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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......

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......

Fund Houses All Set to Launch NFOs As Ban Nears End

Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds. Illustration: Uttam Ghosh/Rediff.com Asset management companies......

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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

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

Markets volatile: UTI Mutual Fund defers IPO

M Damodaran to head UTI Mutual Fund

Fund Houses All Set to Launch NFOs As Ban Nears End

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