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Here are the top mutual funds that investors chose in 2017

2018-01-16 moneycontrol
2017 was a momentous year for mutual funds. It was a record year, both in terms of new investors and the amount of net inflows into MFs. Equity and equity-oriented balanced mutual funds saw a net inflow of Rs.2,68,000 crore (USD 42 bn) in 2017.

PSBs now plan dilution of stake in MF arms to raise funds

2017-12-11 moneycontrol
Public sector banks (PSBs) are looking to raise funds by diluting stakes in their mutual funds arms via initial public offerings (IPOs). The government had directed banks to sell non-core assets to make up for any shortfall in capital post the Rs 2.11 lakh crore recapitalisation package.

HDFC Mutual Fund buy 9 lakh shares of Just Dial

2017-12-05 moneycontrol
On December 4, 2017 SCI Growth Investments II sold 5,74,710 shares of Just Dial at Rs 501.54 on the NSE.

AU Small Finance Bank in pact to sell mutual fund schemes

2017-12-01 moneycontrol
AU Small Finance Bank has entered into an agreement with Asset Management Companies (AMCs) to distribute their mutual fund schemes, a release from the company stated.

HDFC MF gets board nod for IPO

2017-11-30 thehindubusinessline
The board of directors of HDFC Asset Management Company, the sponsor of HDFC Mutual Fund, has cleared a proposal to initiate the process of filing for its initial public offer.

HDFC Mutual Fund seeks SEBI nod for quality index ETF

2017-11-30 moneycontrol
In terms of asset allocation, the scheme will invest at least 95 percent of its corpus in  securities covered by S&P BSE Quality Index, while the balance 5 percent will be allocated to debt and money market instruments.

Edelweiss Financial Services raises Rs 1,528 cr via QIP

2017-11-24 thehindubusinessline
The QIP was subscribed by foreign as well as domestic investors like CDPQ, Fidelity, Goldman Sachs, Nomura, HDFC Mutual Fund, Kotak and Birla MFs.

Edelweiss Financial Services raises Rs 1,528 cr via QIP

2017-11-24 moneycontrol
Edelweiss Financial Services (EFSL) today said it has raised Rs 1,528 crore through the qualified institution placement (QIP) route.

EFSL raises Rs 1,527 crore through QIP

2017-11-24 moneycontrol
Edelweiss Financial Services (EFSL) said it has raised Rs 1,527.75 crore through the Qualified Institutions Placement (QIP) route.

Deals Buzz: Tiger Global plans to exit Ola after partially exiting Flipkart

2017-11-23 livemint
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. (14-0)

One should have a 3-5 yr horizon to invest in equities: HDFC Asset Management#39;s Ravuri

2017-11-16 moneycontrol
HDFC Mutual Fund aims to invest in industries/entities that are engaged in or expected to benefit from the growth in housing and its allied business activities.

HDFC Mutual Fund buys 3.4 lakh shares of Just Dial

2017-11-11 moneycontrol
On November 10, 2017 HDFC Mutual Fund bought 340,000 shares of Just Dial at Rs 520.08 per share on the NSE. Also, the house bought 340,000 shares of the company at Rs 522.79 per share on the NSE.

HDFC Mutual Fund to launch housing opportunities fund on Nov 16; offer to end Nov 30

2017-11-09 moneycontrol
HDFC Mutual Fund will launch HDFC Housing Opportunities Fund- Series 1 on Nov 16 and it will remain open for subscription until November 30, an official from the fund house said today.

HDFC MF#39;s Kulkarni says geopolitical tensions key risk to market rally

2017-11-03 moneycontrol
HDFC Mutual Fund believes geopolitical tensions, particularly emanating from the Far East and elsewhere in the world, continue to remain key risks to this market rally.

Will HDFC MF selling impact Sarla Fibres?

2017-10-26 thehindubusinessline
Shares of Sarla Performance Fibres may remain in focus, as HDFC Mutual Fund has reduced its stake in Sarla Performance Fibres. Through HDFC Prudence Fund and HDFC Small Cap Fund, the fund house reduced its stake to 6.27 per cent. HDFC Mutual had held 8.38 per cent stake since October 2014. It sold 17.59 lakh shares (or 2.11 per cent stake in the company) on October 24 through open market, Sarla Performance said in a disclosure to the stock exchanges.