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Ppfas Asset Management

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MFs rake in record Rs 14,370 cr via equity NFOs in June

A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore — the highest ever via such introductory......

'No Derating Due To Coalition Govt'

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.' Illustration: Dominic Xavier/Rediff.com The banking sector faces only one concern: The weakness in......

MFs raise equity bets as valuations improve; fund houses invest Rs 55k cr

Mutual fund houses have been on an equity buying spree in the past three months as they have invested a net amount of Rs 55,000 crore in them between January and March 2023. Illustration: Dominic......

Share of NRIs, overseas investors in mutual fund assets declining

The share of non-resident Indians (NRIs) and overseas investors in Indian mutual funds has been declining over time, despite adding half-a-trillion rupees to holdings over the last five years.......

MFs realign overseas offers after Sebi diktat

Mutual fund (MF) houses have started realigning their overseas product offerings after the Securities and Exchange Board of India (Sebi) advised them to stop subscriptions. Illustration: Uttam......

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