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mutual

Reliance Mutual Fund CPSE ETF subscribed 4 times on the first day. Should you invest?

June 16, 2018 Loknath Das MONEY

The government’s Central Public Sector Enterprises based Exchanged Traded Fund (CPSE-ETF), a part of larger disinvestment program of Ministry of Finance, opened on Tuesday. Reliance mutual fund aimed to raise up to Rs 4500 crore […]

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‘Mutual Fund Industry’s Aseets To Hit Rs. 100 Lakh Crore in 10 Years’

January 11, 2018 Loknath Das MONEY

In 2017, the total asset base of all 42 active fund houses put together surged by 32%. New Delhi: Indian mutual fund industry’s assets under management (AUM) are expected to touch Rs. 100 lakh crore in the next […]

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Mutual fund SIPs can be for long-term and short-term goals

August 13, 2016 sristy MONEY

iStockPhoto I am 37 and earn Rs. 12 lakh per annum. I have a pure-term insurance of Rs. 50 lakh from LIC and health insurance ofRs. 10 lakh from National Insurance. I also have a […]

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Edelweiss to buy JPMorgan’s mutual fund business in India

March 25, 2016 sristy MONEY

JPMorgan AMC is the seventh foreign company to sell off its mutual fund business in India. Photo: AFP Mumbai: Edelweiss Asset Management Ltd, a unit of Edelweiss Financial Services Ltd, said on Tuesday that it […]

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