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Mutual News
India defensive funds in vogue as economy struggles By Aditya Kalra NEW DELHI, May 2 (Reuters) - Indian equity funds focusing on consumer goods and healthcare companies topped the performance charts in April, and the country's struggling economy is set to drive more investors to the defensive sectors. Growth in Asia's third largest economy has been slowing, fiscal and trade deficits have widened sharply and the inability of the government to push
Big funds score on safety
India's Samvardhana raises $42 mln from IPO anchor investors
MUMBAI, May 1 (Reuters) - India's Samvardhana Motherson Finance Ltd has placed around 2.2 billion rupees ($42 million) worth shares with cornerstone investors, st ock exchange data showed, ahead of
Samvardhana raises $42 mln from IPO anchor investors
Foreign MFs continue to gain ground in India
Foreign mutual fund (MF) houses have continued to do better in 2011-12 in terms of building assets. Their increasing brand equity and investors’ rising comfort have helped them gain at a time |
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