Navneet Munot has quit SBI Funds Management Pvt Ltd (SBIFMPL) to join HDFC Mutual Fund as its managing director and CEO. Munot, who was the chief investment officer (CI)) of SBI Funds, will succeed t...

Risk analysis in this context deals with the degree of risk — a comparative benchmarking that must be done on the basis of a fund’s core characteristics, investment objectives, and the uni...

Warburg Pincus-backed CAMS has raised a little over Rs 666 crore from anchor investors ahead of its initial share sale that opens for public subscription on Monday.   The company has f...

The RBI has reduced the amount of capital that banks must set aside while putting money in debt mutual funds and debt exchange-traded funds (ETFs). According to the current guidelines, if a bank hold...

UTI Mutual Fund has proposed to side-pocket its exposure to Zee Learn (ZLL) after the latter’s debt instruments were downgraded to below-investment grade. The fund house has a combined exposure...

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The Reserve Bank of India (RBI) on Monday provided a Rs 50,000-crore shot in the arm to stressed mutual funds by unveiling a special liquidity facility for the sector, days after Franklin Templeton Mu...

Emami Group has put all its myriad ventures on the block to stave off any further stake sale in its flagship listed company as it vows to pare promoter-level debt to zero.The group, founded by childho...

Banks are expected to hold off till the month-end on deposit and lending rate cuts in response to the Reserve Bank of India’s decision to cut the repo rate by a quarter of a percentage point to 6.25...

The Securities and Exchange Board of India (Sebi) has proposed to discontinue the use of pool accounts in mutual funds created by intermediaries such as brokers, distributors and independent advisers....