Loading Ticker...

Archive for the 'Mutual Funds' Category

IFFL Dividend Opportunities Index Fund Launched


The IFFL Mutual Fund had launched an open-ended fund that they have called the IFFL Dividend Opportunities Index Fund. According to their chief executive Mr Gopinath Natarajan, the objective of this new type of fund is to provide good returns to their investors where they will be encourage investing in 50 high – dividend yielding […]

Continue Reading...

Mutual Funds Lost Rs. 36,000 Crores in 2011-12 – How Much Did You Lose?

icici Prudential Life Insurance logo

Even the third consecutive quarter did not yield any positive results for the mutual fund industry; the total assets reduced by about 5percent which is Rs.36, 000 crore for the fiscal year which ended on 31st March 2011-12. It is now at two year lowest, the average asset under management (AUM) of the industry dipped […]

Continue Reading...

Mutual Fund Assets Hiked To Rs. 6.75 Trillion In February: CRISIL


The Indian Mutual Fund Industry’s assets increased to Rs. 6.75 trillion by the end of February 2012, recording an increase of Rs. 161 billion over Rs. 6.59 trillion in February. According to Crisil Research, the 2% month-on-month rise in mutual fund assets in February 2012 was largely because of mark-t-market gains jagged by equity funds […]

Continue Reading...

JP Morgan India Tax Advantage Fund

JP Morgan CHase Mutual Funds

Tax saving funds is for those people who are willing to take risk in the market. More than this, it is also an opportunity to create wealth in one’s tax-saving portfolio. The lock-in period for 3 years encourages long-term investment, which is a pre-requisite for fruitful return on equity investments. JPMorgan Chase  JP Morgan India […]

Continue Reading...

Launch Of AMFI’s Online Mutual Fund Transaction Platform Has Been Delayed Again

AMFI Online Mutual FUnd Platform

The scheduled launched for the Association of Mutual Funds of India (AMFI) online mutual fund transaction platform has been delayed once again, due to a delay in vendor selection. The launched was previously scheduled to go through on April, but has now been rescheduled to the second half of this year. According to Mr V. […]

Continue Reading...