Mutual fund managers continued to maintain bullish stance on software companies, as they raised their total allocation in the sector to an all time-high of over Rs 40,500 crore in August due to depreciation in rupee.
Amid rising concerns over mutual fund investors' exposure to distressed corporate bonds, regulator Sebi has widened its probe and has sought fresh details from the fund houses on such investment decisions.
After the markets correction in the past one month, should I delay redeeming some units from my equity funds? — Bhupesh Kumar It’s very difficult to exactly time one’s entry and exit perfectly to coincide with the bot
Last week, JP Morgan AMC in India had imposed the limit on redemption from two of its debt schemes — Short Term Income Fund and India Treasury Fund at 1 per cent of the total number of units outstanding on any day.
Rating agency Crisil on Thursday said that the Indian mutual fund industry’s assets under management (AUM) surged to a new record high and surpassed the Rs 13 trillion mark, in July. According to Association of Mutual Funds
Mutual fund managers have pumped in a little over Rs 4,300 crore in the equity markets in July, a slump of 58 per cent from the preceding month, primarily on account of subdued corporate earnings and higher valuation.