|
|
|
‘MFs
prefer equity funds for better returns in next quarter’ |
| |
Mutual fund managers feel equity
funds would give better returns than debt funds during the next
quarter ending September 2001, says a survey conducted by myiris.com
on speaking to 25 fund managers, representing 17 fund houses
that collectively manage over Rs 25,000 crore of assets. |
|
|
Sebi
starts probe into Mascon Global |
| |
The Securities and Exchange
Board of India has started a full-fledged investigation in software
company Mascon Global Ltd scrip. The investigation into the
MGL stock follows the initial probe by the market regulator
which found irregular price movements and possibility of manipulation. |
|
|
PNB
MF goes in for recast to shed low-profile image |
| |
PNB Mutual Fund, with a total
assets of Rs 200 crore under its management, is on a restructuring
drive. As part of its move to revamp the fund and shed its low-profile
image, the MF is weighing various options including roping in
a Joint Venture partner. |
|
|
Auditor’s
remarks failed to prevent UTI, LIC from investing in DSQ |
| |
Auditors qualifications in
the annual report of DSQ Software failed to prevent Unit Trust
of India, the country’s largest fund, from investing in the
shares of the company during 2000-01. |
|
