MF Reduced PSU Holdings Pre-Election

In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month. IMAGE: Results for India's general elections on a screen inside the Bombay Stock......

Distributors flock to MFs as returns, flows improve

An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. Illustration: Dominic Xavier/Rediff.com The industry has onboarded a net of 11,600......

Performance of active schemes fuels mutual fund industry momentum

The improvement in the performance of actively managed mutual fund (MF) schemes is acting as a key tailwind for the nearly Rs 50 trillion industry, Kotak Institutional Equities (KIE) said in a......

Bulking up: Mutual fund managers favour select banks and auto stocks

HDFC Bank, Reliance Industries and ICICI Bank remained among the top mutual fund (MF) buys for the second consecutive month in September. Illustration: Uttam Ghosh/Rediff.com MFs deployed a net of......