Mutual Fund News
NAVs slumped as markets snaps 5-day of winning streak |
| 02/07/2012 11:21 PM |
| img src=http://www.moneycontrol.com/news_image_files/Stock_down_190.jpg alt=NAVs slumped as markets snaps 5-day of winning streak title=NAVs slumped as markets snaps 5-day of winning streak border=0 width=75 height=75 align= left hspace=5/ The markets drooped in previous trading session weighed down by Large cap index and weak global market. The Benchmark Nifty closed below the 5350 level, falling 26.5 points to 5,335.15 while the Sensex dropped 85.11 points, to close at 17,622.20. |
Tata Tax Saving Fund declares dividend |
| 02/07/2012 05:37 AM |
| img src=http://www.moneycontrol.com/news_image_files/Tata_MF_190.jpg alt=Tata Tax Saving Fund declares dividend title=Tata Tax Saving Fund declares dividend border=0 width=75 height=75 align= left hspace=5/ Tata Mutual Fund has announced February 8, 2012 as the record date for dividend declaration under Tata Tax Savings Fund |
NFO - DWS Fixed Maturity Plan-Sr 2 extends its closing date |
| 02/07/2012 05:30 AM |
| img src=http://www.moneycontrol.com/news_image_files/DWS-Alpha-Equity190.jpg alt=NFO - DWS Fixed Maturity Plan-Sr 2 extends its closing date title=NFO - DWS Fixed Maturity Plan-Sr 2 extends its closing date border=0 width=75 height=75 align= left hspace=5/ Deutsche Mutual Fund has announced the extension of the closing date for New Fund Offer - DWS Fixed Maturity Plan - Series 2 (18 months), a close ended debt fund by 3 days. |
HDFC Long Term and Premier Multi - Cap announces dividend |
| 02/07/2012 05:24 AM |
| img src=http://www.moneycontrol.com/news_image_files/HDFC-MF-190.jpg alt=HDFC Long Term and Premier Multi - Cap announces dividend title=HDFC Long Term and Premier Multi - Cap announces dividend border=0 width=75 height=75 align= left hspace=5/ HDFC Mutual fund has announced dividend under HDFC Long Term and Premier Multi-Cap announces dividend, the record date for which is set on February 9, 2012. |
SBI MF launches SBI Debt Fund Series - 367 Days - 16 |
| 02/07/2012 05:13 AM |
| img src=http://www.moneycontrol.com/news_image_files/sbi_mutual_fund_190.jpg alt=SBI MF launches SBI Debt Fund Series - 367 Days - 16 title=SBI MF launches SBI Debt Fund Series - 367 Days - 16 border=0 width=75 height=75 align= left hspace=5/ SBI Mutual Fund has launched a new close ended debt scheme SBI Debt Fund Series - 367 Days - 16. The New Fund Offer (NFO) opens for subscription on February 10 and closes on February 13. 2012. |
Pramerica ST Floating Rate Fund opens for subscription |
| 02/07/2012 05:07 AM |
| img src=http://www.moneycontrol.com/news_image_files/Pramerica_MF_190.jpg alt=Pramerica ST Floating Rate Fund opens for subscription title=Pramerica ST Floating Rate Fund opens for subscription border=0 width=75 height=75 align= left hspace=5/ Pramerica Mutual Fund has a new fund 'Pramerica Short Term Floating Rate Fund', an open ended income scheme with an investment objective to generate regular income through investment in a portfolio comprising primarily in short maturity floating rate debt/money market instruments. |
ICICI Pru Long Term Plan revises exit load structure |
| 02/07/2012 01:08 AM |
| img src=http://www.moneycontrol.com/news_image_files/ICICIPrudential190.jpg alt=ICICI Pru Long Term Plan revises exit load structure title=ICICI Pru Long Term Plan revises exit load structure border=0 width=75 height=75 align= left hspace=5/ ICICI Prudential Mutual Fund has announced revision in exit load under all options of ICICI Prudential Long Term Plan with effect from February 7, 2012. |
NAVs soar as market continue with bull rally |
| 02/06/2012 11:22 PM |
| img src=http://www.moneycontrol.com/news_image_files/bull-market3_190.jpg alt=NAVs soar as market continue with bull rally title=NAVs soar as market continue with bull rally border=0 width=75 height=75 align= left hspace=5/ Equity funds continued with uptrend owing to positive market outlook. The BSE benchmark rose 102.35 points, to close at 17,707.31. Meanwhile, the NSE benchmark gained 35.80 points to 5,361.65. |
MFs cry foul over Sebi's perform or perish norm for NFOs |
| 02/06/2012 11:06 AM |
| img src=http://www.moneycontrol.com/news_image_files/SEBI_Mutual_fund_12July.jpg alt=Payaswini Upadhyay title=Payaswini Upadhyay border=0 width=75 height=75 align= left hspace=5/ Market regulator Sebi regulates the mutual fund industry, not just through directives and orders in black and white, but informal understandings as well. |
Banking Funds outperformed in Jan 2012 |
| 02/06/2012 08:58 AM |
| img src=http://www.moneycontrol.com/news_image_files/Banking-190.jpg alt=Banking Funds outperformed in Jan 2012 title=Banking Funds outperformed in Jan 2012 border=0 width=75 height=75 align= left hspace=5/ Funds focusing on the banking and financial services sector topped the charts in January, registering average returns of 23.74%, about in line with banking index's performance. |
Kotak Mahindra MF sells engg, IT, auto; buy banking |
| 02/06/2012 05:07 AM |
| img src=http://www.moneycontrol.com/news_image_files/Kotak_MF_190.jpg alt=Kotak Mahindra MF sells engg, IT, auto; buy banking title=Kotak Mahindra MF sells engg, IT, auto; buy banking border=0 width=75 height=75 align= left hspace=5/ Kotak Mahindra Mutual Fund has decreased in weightage in engineering capital goods, information technology and automotive, while enhanced its exposure in banking financial services, metals mining and oil gas space. |
NAVs soared high owing inflow of foreign money |
| 02/04/2012 12:50 AM |
| img src=http://www.moneycontrol.com/news_image_files/Market_rally_up_190.jpg alt=NAVs soared high owing inflow of foreign money title=NAVs soared high owing inflow of foreign money border=0 width=75 height=75 align= left hspace=5/ The market closed the week with a flourish. The rupee rally and inflow of foreign money led the Sensex to shoot up by 0.99% or 173.11 points to close at 173.11 points while NSE benchmark closed up 55.95 points or 1.06% at 5,325.85. |
IDFC MF announces dividends under various schemes |
| 02/03/2012 05:11 AM |
| img src=http://www.moneycontrol.com/news_image_files/IDFC_MF_190.jpg alt=IDFC MF announces dividends under various schemes title=IDFC MF announces dividends under various schemes border=0 width=75 height=75 align= left hspace=5/ IDFC Mutual Fund has announced dividend under the dividend option of IDFC Asset Allocation Fund of Fund and IDFC Arbitrage Plus Fund, for which the record date has been fixed as February 8, 2012. |
IDFC MF revise exit load for Super Saver Income-Medium Term |
| 02/03/2012 04:46 AM |
| img src=http://www.moneycontrol.com/news_image_files/IDFC_MF_190.jpg alt=IDFC MF revise exit load for Super Saver Income-Medium Term title=IDFC MF revise exit load for Super Saver Income-Medium Term border=0 width=75 height=75 align= left hspace=5/ IDFC Mutual Fund to Revise Exit Load Structure for Super Saver Income Fund - Medium Term |
IDFC MF introduced periodic dividend option |
| 02/03/2012 04:35 AM |
| img src=http://www.moneycontrol.com/news_image_files/IDFC_MF_190.jpg alt=IDFC MF introduced periodic dividend option title=IDFC MF introduced periodic dividend option border=0 width=75 height=75 align= left hspace=5/ IDFC Mutual Fund Introduces Periodic Dividend Option under IDFC Money Manager Fund - Investment Plan - Plan B. |