Mutual fund sales retreat in August, ETFs hold up
Mutual fund net sales slumped in August while ETFs held up better, according to the Investment Funds Institute of Canada (IFIC). The industry trade group reported that monthly net sales for mutual funds came in at $2.4 billion, less than half the $5.2 billion recorded in July.
SpiceJet’s Share Sale Said to Lure Tata Mutual Fund Among Others
SpiceJet Ltd.’s $358 million share sale attracted bids from several large investors including Tata Mutual Fund, people familiar with the matter said, providing a lifeline to the Indian airline that has furloughed staff and delayed tax payments.
1don MSN
NFOs are able to garner significant AUMs for AMCs because of various reasons. NFOs are for a limited period and therefore ...
1don MSN
Radhika Gupta has always been a vocal advocate for SIPs, even emphasizing the importance of starting them early on during her ...
If an investor had invested ₹1 lakh one year ago in HDFC ELSS Tax Saver, it would have swelled to ₹1.45 lakh as on July 31, ...
Before investing in mutual funds, it is crucial for investors to perform comprehensive due diligence to ensure a sound ...
Franklin Templeton, a global asset management firm with $1.5 trillion AUM, plans to launch a mutual fund on the Solana ...
LIC Mutual Fund on Friday launched a new Manufacturing Fund, an open-ended equity scheme, and said it is looking to achieve ...
The scheme aims to provide a diversified portfolio of companies that come under the ambit of manufacturing theme, including ...
LIC Mutual Fund has launched a new open-ended equity scheme focused on the manufacturing sector, aiming to benefit from India ...
Zerodha Mutual Fund has submitted a draft document to SEBI for a new passive fund, the Zerodha Gold ETF FoF. This open-ended ...
At an event, RK Jha, Managing Director and CEO, LIC Mutual Fund, said the AMC is working with registrar KFintech Service and ...
LIC Mutual Fund has launched a new Manufacturing Fund, an open-ended equity scheme, with a target AUM of Rs 60,000 crore by ...
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