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State-run lender Bank of India has decided to advance its proposed re-entry into the mutual fund business by a few months to December.

 
 
The mutual fund industry has decided to issue Consolidated Accounts Statement (CAS) on monthly basis for transaction starting October, AMFI said in a statement.
Volatile equity markets in 2011 have severely affected the long-term average returns of most equity funds, with no single category posting a double-digit growth.
Mirae Asset India Opportunities Fund has outperformed its category since inception in 2008.
IDBI Mutual Fund launches an open-ended exchange traded gold fund (gold ETF) that will invest in physical gold and track gold prices.
Non-residents can invest in Indian mutual funds and equities by following a set of easy rules. Read here to know more.
 
 
A dynamic asset allocation approach seeks to lower the downside risk without much impact on upside returns.
UTI Mutual Fund declared a tax-free dividend of 22 per cent for the UTI Mastershare Unit Scheme. It is the 25th consecutive dividend declared under the scheme.
Investing in mutual funds is one sure way of defeating the price demon. These can be used to build a huge retirement kitty.
Country's largest fund house HDFC Mutual Fund on Friday launched HDFC Gold Fund, which will enable investors to put money systematically in gold.
Reliance Regular Savings Equity has outperformed its category in four of the past five years.
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