Quant Mutual Fund’s recent probe by the Securities and Exchange Board of India (Sebi) is making its investors a bit edgy. Quant Mutual Fund, a high-growth asset management company (AMC), is one of the top fund managers with Rs 93,000 crore of assets. It was probed for its alleged front-running activity. Front-running is when an … Read more
Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch has informed that the capital markets regulator is working in tandem with mutual fund houses to bring down the minimum investment requirement under the systematic investment plans (SIPs). Madhabi Puri said that she asked some of the mutual fund houses whether an SIP of … Read more
According to a study by Morningstar, women fund managers represent just about 10% of the mutual fund industry in India. But Meeta Shetty of Tata Mutual Fund believes that there is a long way ahead to see a notable representation of women in the industry, and this will change with greater focus on diversity and … Read more
NEW DELHI: Indian mutual fund industry is a crowded space with as many as 44 players in the fray and many more planning to enter. This is understandable given there is a huge growth opportunity in the industry. But in every industry, there comes a time when consolidation starts. Sometimes smaller players are absorbed by … Read more
MUMBAI: The Securities and Exchange Board of India on Thursday relaxed certain investment limits for mutual funds that make overseas investments after consultation with the industry. The capital market regulator said that individual mutual funds can now make up to $1 billion in overseas investments within the overall industry limit of $7 billion. The regulator … Read more