In a first in the country, HDFC Bank launched its Digital Loans against Mutual Funds (LAMF), in partnership with transfer agent CAMS. Customers can now pledge mutual fund assets online and get... Read more »
Viewing home-buyers in the same class as financial creditors a positive for real estate sector: ICRA
Treatment of home-buyers at par with the financial creditors during the insolvency proceedings of bankrupt real estate developers is a positive to shore up the confidence for home buyers and the real... Read more »
A new TransUnion CIBIL study estimates that nearly 150 million consumers who are currently not credit active are potentially eligible to become retail credit borrowers. Tapping into this huge potential borrower market... Read more »
If you are looking for an indicator that may signals a market nearing its top, look at the 10-year g-sec yield. This indicator has zoomed to its highest point in the past... Read more »
Times Network, a part of India’s largest media conglomerate, The Times Group and AMFI in a strategic partnership, today announced India’s biggest Mutual Fund awareness campaign, ‘Jan Nivesh’. Reaching out to millions of Indians... Read more »
The latest SPIVA® (S&P Indices Versus Active) India Scorecard reveals that over a one-year period, ending 29 December 2017, 59.4% of large-cap equity funds, 72.1% of mid/small-cap equity funds and 34% of... Read more »
HDFC Life has launched a fixed-benefit insurance plan that covers 18 heart conditions, called HDFC Life Cardiac Care. These 18 conditions are classified into three categories as per the severity –... Read more »
ICICI Prudential AMC is offering a close-ended fund, Bharat Consumption Fund Series I, for subscription to the public. The fund, as the name suggests, will invest in the fast-growing consumption sector in... Read more »
There’s a big question in the minds of mutual fund investors is: Should one average-down when the markets are falling? It’s been a volatile last few weeks, and equity prices have tumbled... Read more »
Industry AUM up 24% YoY; declines marginally on MoM basis According to the Association of Mutual Funds in India (AMFI), the Assets Under Management (AUM) of the Indian mutual fund industry came... Read more »