AUM heavyweights SBI, HDFC and ICICI Pru flex muscle, adding Rs 2 trillion+ each. Illustration: Uttam Ghosh/Rediff.com Mutual fund houses saw robust asset growth in the third quarter, with the......
Mutual funds (MFs) managed a record Rs 66.2 trillion in assets during the July-September quarter, marking a 12.3 per cent increase over the previous three-month period — the highest quarterly......
The number of active SIP accounts is nearing the 100 million milestone. Illustration: Dominic Xavier/Rediff.com The mutual fund investor base is set to surpass the 50 million unique......
Hyundai Motor India (HMIL) raised Rs 8,315 crore from anchor investors on Monday, setting the stage for the country’s biggest-ever maiden share sale. IMAGE: Unsoo Kim, MD & CEO, Hyundai......
A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business. Illustration: Dominic Xavier/Rediff.com Bank of India (BoI) will focus on 1,000......