Amfi project to hardsell MFs find few takers
A recent initiative by the Association of Mutual Fund in India (Amfi) to promote mutual fund (MF) products to new investors is yet to find favour among all members.
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Amfi project to hardsell MFs finds few takers
A recent initiative by the Association of Mutual Fund in India (Amfi) to promote mutual fund products to new investors is yet to find favour among all members.
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UTI MF launches UTI Mobile
UTI Mutual Fund, along with its mobile solutions partner, mCheck, today announced the launch of 'UTI Mobile', which would enable an investor to initiate payment instructions for investing in the fund schemes from a mobile phone.
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LIC MF offers exit opportunity to unit holders
LIC Mutual Fund today offered an exit opportunity to its unit holders after the fund house's deal with Japan's Nomura Asset Management earlier this month.
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Query Corner: Mutual Fund
Our MF expert takes you through the labyrinth of MF investments in this weekly column.
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Portfolio managers part-fee be paid if client gains: Sebi
Market regulator Sebi today suggested that a part of portfolio managers fee be paid only if the client gains from the capital markets, a proposal if implemented would protect a loss-making investor from further dent.
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Find merit in small cos, but prepare for choppy days
The market benchmark, S&P CNX Nifty, has not moved much for the past few months. But there is a lot of action in smaller companies. Participating in the growth story of today?s small companies can be a money spinner for most.
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MFs seek SEBI shield against rates
Mutual fund (MF) houses have moved capital market regulator Securities & Exchange Board of India (Sebi) to soften the impact of a possible increase in policy rates by the Reserve Bank of India (RBI).
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Mutual fund investors go demat, exchange volumes spurt in July
As a long-term benefit, demat of MFs could provide a big push to the trading of units on stock exchanges
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Banks, MFs must stop accepting third-party cheques for investments
All fund investments are made through cheques (bank transfer) by the investor directly into the account of the actual fund scheme where the money is supposed to end up.
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