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......
The government's plan to divest its stake in public sector undertakings is encouraging fund houses to launch PSU funds. Some mutual funds have already launched and some others are in the process of......
SBI Mutual Fund (SBI MF), with Rs 22,049.32 crore (Rs 220.49 billion) worth of assets under management as on August 2007, is looking to benefit from the government move to allow public sector......
It seems domestic fund houses are unfazed by the shaky equity markets. No less than four new equity offers, expected to raise upwards of Rs 2,500 crore (Rs 25 billion), have been lined up for......
After the finance minister directed public sector banks to join the account aggregator (AA) ecosystem, 5-6 major ones, including State Bank of India (SBI) and Bank of Baroda are expected to go live......