More business for rating agencies
The guidelines also specify that one agency should not value a particular asset for more than two years, and thereafter cannot value that asset for three years
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Kotak Mahindra Mutual Fund launches Kotak Sensex ETF
The scheme?s performance will be benchmarked against the BSE Sensex and is open for subscription from 7May to 16 May, 2008.
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Edelweiss gets Sebi nod for mutual fund biz
Edelweiss Asset Management plans to launch 8-9 products, including diversified equity funds and structured products, over the next 12 months
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Mutual fund assets jump 7% in April
Total assets under management at Rs5,65,441 crore against Rs5,28,857 crore previous month; Reliance MF retains pole position
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India?s Taurus Mutual to triple headcount, branches
Fund house to add 130 people to existing staff of 50, double investment management team to 12, expand to 24 cities from seven currently
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Sebi issues list of cities for real estate MFs
The list includes 35 urban cities including Mumbai, New Delhi, Kolkata and Chennai, and 27 non-urban cities, with more than 1 million population
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You may send in your stocks and mutual funds related queries to askmint@livemint.com
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MFs accumulate Rs 23,545 cr cash for deployment in stable mkt
Of this Rs 19,214 crore lies with existing MFs, while the remaining Rs 4,331 crore has been mobilised through the NFOs.
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Ask Mint | On Investments
You may send in your stocks and mutual funds related queries to askmint@livemint.com
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Brokerages stampede to launch mutual funds
At least six brokerages are awaiting regulatory approval to break into the 33-member Indian funds industry
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