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Kotak AMC suggests employees to buy only company's own funds

However, the company in a statement said there is no compulsion on its employees to invest in its mutual funds and that it is a voluntary decision.

 
 
HDFC Mutual Fund, which had 5.07 per cent stake earlier, brought down its shareholding in the company to 3.06 per cent, P&G said in a filing to the BSE.
The facility will enable traders, especially small investors, to invest even for a single night in liquid funds.
Industry insiders believe that MFs would continue to attract medium-to-long term money into equities even as the markets have turned volatile in the past few weeks.
China received the lowest grade of a D+ because of high fees, limitations on overseas investing, and restrictions on foreign-domiciled funds.

Mutual fund houses are upbeat about overall inflows in equities and debt markets for the current financial year (2015-16) as well.
 
 
Depending on the nature and aim of investment, as well as the disposition of the investor, balanced funds can come in different shades in between the two extremes.
This follows a fund infusion of nearly Rs 6 lakh crore in debt market in the last financial year.
Despite the recent volatility in the markets, fund managers are bullish on the equity schemes, Quantum AMC Associate Fund Manager (Equity) Nilesh Shetty said.
HDFC Mutual Fund has retained its position as the most profitable fund house in 2014-15, with a profit after tax (PAT) of Rs 416 crore.
As per the existing norms, a fund manager who is managing a domestic scheme, is allowed to manage an offshore fund, subject to three specific conditions.
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