MF assets may have hit Rs 50 trillion milestone amid market rally

The mutual fund industry’s assets under management (AUM) have likely breached the Rs 50 trillion mark following a rally in domestic equities this month. Illustration: Dominic......

'Current bull run calls for caution'

'It could tempt investors to pick stocks that are not fundamentally sound.'Ashley Coutinho listens in. Illustration: Dominic Xavier/Rediff.com The Business Standard BFSI Insight Summit saw some of......

PSUs are biggest wealth destroyers in last 6 years: MF veterans

The government has been pressing citizens to pay taxes and be compliant, but they have very little to show regarding improved efficiencies in the companies they themselves own, the fund managers......

MFs pare down stake in 34 auto stocks

Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake, reports Jash......