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The mutual fund invests this unclaimed amount in the money market and can charge up to 0.5% per annum as investment management fee.
The current rally is a good time to book partial profits on your MF investments, especially if important financial goals are nearing.
If you can’t decide whether your portfolio should have a large- or a mid- and small-cap tilt, let the fund manager of a multi-cap fund do so.
Investors pumped in nearly Rs 54,000 cr in various mutual fund schemes in 2013-14, 30% lower than the amount infused by them in the preceding fiscal.
ICICI Prudential Mutual Fund is planning to launch new open-ended \'ICICI Prudential Dividend Yield Equity Fund\'The new fund offer will open for subscription on April 25
Religare Invesco Mutual Fund today launched a new open-ended fund of funds scheme \'Religare Invesco Global Equity Fund\'.
Religare Invesco Mutual Fund today launched a new open-ended fund of funds scheme \'Religare Invesco Global Equity Fund\'.
The latest numbers released by fund companies reveal that equity and hybrid funds now charge an average of 2.42% per annum of assets managed by them.
The latest numbers released by fund companies reveal that equity and hybrid funds now charge an average of 2.42% per annum of assets managed by them.
The latest numbers released by fund companies reveal that equity and hybrid funds now charge an average of 2.42% per annum of assets managed by them.
This was the highest level since January 2013, when fund managers had shored up their investment in banking shares to Rs 42,760 crore.
This was the highest level since January 2013, when fund managers had shored up their investment in banking shares to Rs 42,760 crore.
As per the fund house, the new schemes saw participation of over 7,500 investors, of which around 45 per cent are new investors.
As per the fund house, the new schemes saw participation of over 7,500 investors, of which around 45 per cent are new investors.
As per the fund house, the new schemes saw participation of over 7,500 investors, of which around 45 per cent are new investors.
Experts say since most developers are cash-strapped, NCD investors may have to put up with defaults or delayed payments.
Experts say since most developers are cash-strapped, NCD investors may have to put up with defaults or delayed payments.
Experts say since most developers are cash-strapped, NCD investors may have to put up with defaults or delayed payments, while FMPs in lower-rated papers are less riskier, says ET.
To ring-fence their AUM from such redemption pressure, some mutual funds tend to park their assets with large investors to meet their redemptions and buy them back in April.
To ring-fence their AUM from such redemption pressure, some mutual funds tend to park their assets with large investors to meet their redemptions and buy them back in April.
Motilal Oswal Mutual Fund has launched a new open-ended diversified equity scheme - Most Focused Multicap 35 Fund.
Motilal Oswal Mutual Fund has launched a new open-ended diversified equity scheme - Most Focused Multicap 35 Fund.
Investors pulled out over $41 bn from equity funds focused on emerging markets, including India, in the first three months of 2014.
Investors pulled out over $41 bn from equity funds focused on emerging markets, including India, in the first three months of 2014.
Investors pulled out over $41 bn from equity funds focused on emerging markets, including India, in the first three months of 2014.