"Portfolio managers cannot impose a lock-in on the investment of their clients.However, a portfolio manager can charge applicable exit fees from the client for early exit," Sebi noted
The company's foray into financial services is going to play a key role in the firm becoming profitable and going public
The Securities and Exchange Board of India (Sebi) is seeing growing demand from market players to allow exchange-traded funds (ETFs) on silver amid a sharp runup in the price of the metal
Many MFs have limits on how much of their assets can be in a single stock to ensure diversification
Fund managers and chief executives of mutual funds (MFs) were speaking during the fourth part of a series of webinars being organised by Business Standard under 'Unlock BFSI 2.0'
With interest rates low and not much happening in the real estate sector, more and more people were investing in equities directly, the experts said
The schemes have received Rs 708 crore during August 1-14. This takes the total cash flows received till date since April 24 to Rs 4,988 crore, Franklin Templeton MF said in a statement
The issue price represents a 1.9 per cent premium to the floor price determined based on the pricing formula as prescribed under SEBI Regulations
In the equity category, HNIs have shown a preference for investing directly in equities instead of through mutual funds
Of the total new folios last month, more than 400,000 were added in debt funds
Those who have goals coming up in the near term should book profits in equity MFs
According to the data, mutual funds (MFs) that invest in fixed-income securities saw an inflow of 91,392 crore in July, as compared to Rs 2,862 crore inflow in June
Portfolio's quality, liquidity vital concerns in debt funds
Lack of earnings visibility in near-term, investor behaviour contribute to selling
Two group companies missed their payments due on Thursday
Sustained buying by them adds heft to market rally
The contraction in fund flows are a cautionary tale for stock market that's looked past some dire economic projections and climbing virus numbers to jump more than 40% from its March low
Company had seen business recovery since ownership change, says it has onboarded more than 370 institutional investors after Reliance Capital exited
The positive inflow pushed the asset base of 45-player mutual fund industry by over 14 per cent to Rs 25.5 trillion at June-end from Rs 22.26 trillion at the end of March