SBI raises Rs 25,000 crore via India's largest-ever QIP, surpassing Coal India’s 2015 record. Shares were allotted at Rs 817 each, with LIC picking up Rs 5,000 crore worth.

Investors and retirement savers often face a choice: Mutual fund or ETF? Investors are voting with their feet.

Mutual fund investors can now complete their KYC process at nearby post offices. Post office staff will help with form filling, document verification, and submission to mutual fund companies.

Housing costs, living expenses, medical bills: Neighbors Fund helps a family when they reached out in desperation.

Lunawat, a chartered accountant by training, is the first Indian woman to independently set up and receive Sebi approval for a non-institutional mutual fund house, a release from the company said.

India's markets regulator on Friday proposed a series of changes to mutual fund scheme rules, including allowing asset managers to offer both value and contra funds under certain conditions.

Power of Rs 1 Cr Corpus: For many investors in India, Rs 1 crore can be quite a substantial amount. If they have that amount, they may get a passive income from it for many years. How much income can ...

Nippon India Mutual Fund raised its stake in Whirlpool of India to 5.0091%, surpassing the 5% threshold required by SEBI. The acquisition, totaling 1,82,901 shares, reflects confidence in ...

SBI Mutual Fund (MF), the largest fund house in India, is set to enter the specialised investment fund (SIF) space under the 'Magnum' brand. The fund house, which recently received the licence, is ...

The fund house, a joint venture between ICICI Bank and Prudential Corporation, is the second largest in India after SBI Mutual Fund.

SBI and HDFC ELSS Tax Saver Funds are among the oldest and top-rated tax-saving mutual fund schemes in India, each with a legacy of nearly three decades. While SBI ELSS has delivered a 20-year ...

A regulatory review of the sales practices at Canada’s Big Five banks found that mutual fund advisers face a high degree of pressure to meet sales targets, which can lead to products or services ...