Regulator's notification has limited international precedent and is unnecessary, say analysts.
UTI AMC is the investment manager of UTI Mutual Fund.
The stock hit a new high of Rs 994, up 79 per cent from its initial public offer issue price of Rs 554 per share
Vivriti Asset Management has raised commitments of over Rs 1,500 crore across its funds and provides tailored debt of Rs 25-75 crore to emerging and mid-sized operating companies, for 2-5 year tenor.
Amfu data shows fund houses such as Quant MF, Trust MF, ITI MF, PPFAS MF and PGIM India MF were top performers in terms of average AUM accretion
The Union government is facing hurdles as far as getting the land use changed for the assets of BSNL and MTNL.
About 83 per cent, or 28.6 million of the 34.47 million votes polled by the public institution opted "against" the special resolution
This compares to assets of $6.47 trillion a year earlier.
Viewed as a proxy to asset management business, steady financial record is the USP
Market players said the buying could have been triggered by the FTSE rebalancing
Credit Suisse shares were up 1.5% in early trade
Company clocked over 20 million annual direct mutual funds transactions with assets under management of over Rs 5,000 crore, says Varun Sridhar
Around 300 participants from states and UTs attended the workshop organised by the Department of Economic Affairs and NITI Aayog
Currently, nine requests for MF licence are being processed by Sebi
A new mechanism will only kick the can down the road
Global asset allocators from BlackRock Inc. to JPMorgan Asset Management have outlined their takeaways for investors from the volatile year
"Historically, Indian investors have shown a very strong home bias - investing all or nearly all of their capital, domestically," says Edwards
Company extends 20 job offers; it is followed by BCG with 19 offers
In a Q&A, Paharia says the economy is expected to recover sharply driven by base effect and pent-up demand, and that govt's 'AtmaNirbhar' packages are likely to provide a fillip to manufacturing
Avendus Capital is betting big on the asset management vertical, looking to treble its AUM to over $3 billion by 2024, a top company official has said.