The Indian Stock Markets have had a dull year as far as the early 2010 is concerned.The SENSEX has witnessed a slide in the 2 months gone by this year.Much of it has been due to negative domestic and global cues. Domestic : Untamed Food Inflation has had its effect and the speculation that government […]
Mutual Fund Assets On A Decline, 4% Dip In January
The Indian Equity Markets have had a decent run in the past.From NFO’s to IPO’s the markets have been buzzing with activity.The Sensex also managed to maintain levels close to 17k for quite sometime. However, past few weeks have not been too good for the Capital Markets.The Stock Markets have fallen and corrected significantly. The […]
DBS Chola MF To Become L&T MF
L&T Finance, the finance arm of the engineering giant Larsen & Toubro will be taking over the DBS Cholamandlaam Mutual Fund business and re-christen it to L&T MF.This comes in the wake of the acquisition made in late 2009 where in L&T Finance acquired DBS Chola MF for around 45 crore. L&T had taken over […]
Motilal Oswal Gets Approval To Open Its Mutual Fund Business
Motilal Oswal Financial Services- The BSE listed company has said that it has received the final certificate of approval from SEBI to launch its own Mutual Fund Scheme.Given the way the Indian Mutual Fund market has been at the forefront of action for sometime, it is only likely that more and more established brokerage houses […]
Call Your Broker To Buy Mutual Funds!! No, Seriously
The Mutual Fund space has been seeing a lot of action off late.The recent success of the Religare PSU fund is a testimony that investors are targeting Mutual Funds for building their investment portfolios in volatile times like these. In another unprecedented move, SEBI has given the permission to brokers to make Mutual Fund […]