India's leading fund managers say it is unfair to compare the fund industry's issues with the banking sector's woes
Move follows regulatory diktat to reduce total expense ratio, shift to trail commissions
From SpiceJet quarter result to Industrial Production data, Business Standard brings you top events of the day
Under the new proposed prudential framework, mutual funds would invest only in listed or to-be-listed equity shares and debt securities
Reserve Bank of India underlines importance of looking at liabilities of stressed assets comprehensively
While investors are looking to trim their equity positions, fund managers feel this could be an opportune time for investors to build fresh positions
Combined market cap of listed firms down Rs 14.8 trillion
Domestic mutual fund (MF) managers are pruning their exposure to the banking sector, especially private sector banks
If you do so during a bear phase, you will forgo the benefit of rupee-cost averaging, an important factor in boosting long-term performance
Regulator may grant one-time relaxation to fund houses
Litigation may delay housing financier's resolution plan
Regulator tells fund houses any repetition of breaches will be viewed seriously
Zee stake sale to Oppenheimer would benefit MFs holding the firm's shares as collateral
The haircut led to a 1.3 per cent hit on the net asset value of DSP Credit Risk Fund, which held these debentures
Ordinarily people derive a lot of comfort from investing into PPF, and rightly so
Siddhartha, the chairman of Coffee Day Enterprises, was found dead on Wednesday
Meanwhile, DSP had exposure of Rs 132 crore through its credit risk fund
Sources said the regulator wants MFs to rely less on rating agencies as they have been slow to react or flag credit risks in recent cases
If you are looking to invest in mutual funds which hold good quality stocks and minimises the risk of losses in falling markets, Quant Funds could be a good option
The pledging was done in favour of IDBI Trusteeship and Axis Trustee Services, who were acting on behalf of some of the creditors.