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Sify.com » Topics » A Balasubramanian
A Balasubramanian News
MFs lose 1.6 mn equity folios Indian retail investors have again given a thumbs-down to the mutual fund sector. About 1.6 million equity folios were closed in 2011-12, thanks to the volatile stock markets and deep erosion in values of benchmark indices. The year saw a continuous decline in industry’s equity investors base, worsening in the last few months. February alone saw a a massive loss of a little over half a million
Sebi tightens valuation norms for liquid funds
MF chiefs for less micro regulation
Lack of penetration, reduction in distributor base and swift changes in regulations, besides adverse market conditions continue to hurt the mutual fund industry this year.
Sinha sings 'single' tune for retail investors
One signature for trading account, KYC norm and transaction fee for MF.
Birla Sun Life seeks Sebi nod to merge MF schemes
Birla Sun Life Asset Management Company, investment manager of Birla Sun Life Mutual Fund, has sought approval from the Securities and Exchange Board of India (Sebi) to merge some of its MF schemes.
'Stock-specific, sector-specific approach will work better this year'
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