Monthly Archives: February 2009

Caution is the Buzz Word for Mutual Funds

The over-Rs 20,000 crore in cash held by equity mutual funds shows that they are choosing to be on the sidelines in the current market uncertainties. Data on portfolio churn by funds in January also supports this view, with funds … Continue reading

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New Pension Product

India is poised to launch an innovative pension system on an unprecedented scale. After many years of languishing in bureaucratic limbo, the so-called New Pension System (NPS) is now set to go live on April 1, having just completed an … Continue reading

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Mutual Funds Update

Buoyed by significant growth in debt funds, the mutual fund industry’s total asset under management (AUM) in January rose 9.4 per cent, the highest monthly growth in 15 months. According to the fund evaluation and risk solutions provider Crisil FundServices, … Continue reading

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New Entry Load Expenses for Mutual Find Investments

The Securities and Exchange Board of India, or SEBI, is drafting new norms that would offer mutual fund investors a band or range of entry loads to pick from while purchasing units of a mutual fund, said a senior official … Continue reading

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