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The stock market benchmark Sensex crashed 660 points but recovered back to the positive territory on heavy buying by domestic institutions.
While equities are subject to market risk, debt funds are subject to credit risk and interest rate risk
Sebi wants MFs to lower costs, be vigilant of risky assets
Yes Bank received an approval from the RBI to set up an asset management company
Online mutual fund platforms not only offer a convenient and hassle free way of investing into mutual funds but they are also safe and secure
The MF industry added Rs 872.39 billion with average assets worth Rs 13.16 trillion, during the July-September period
AUM of SBI Mutual Fund is soon likely to cross Rs 1 trillion-mark