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Mutual News
Anchor investors step up selling in MCX shares Barely two months after Multi Commodity Exchange (MCX) turned the darling of the stock markets post-listing on the Bombay Stock Exchange (BSE) in March, have anchor investors hit the sell button, ask stock brokers. As a consequence, the share price of the Rs 660-crore initial public offering (IPO) is now trading below its issue price of Rs 1,032. The MCX scrip is down over 20 per cent in over a month
Not all growth mutual funds take a bite of Apple
A mutual fund manager usually can count on having a good year if the largest investment in the portfolio is surging. But that's not the case for Tony Trzcinka.
India's growth story is structural in nature: Sanjay Sachdev
Since India’s growth is expected to continue unabated in the coming years, equities could give better returns than debt in the medium- to long term, says Sanjay Sachdev,
Foreign players see value in Indian mutual fund industry
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