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MUTUAL FUNDS NEWS
HSBC Asset Management Company completes acquisition of L&T Mutual Fund
Sat, Nov 26, 2022     Source : Business Standard
L&T Finance Holdings said it has received Rs 3,485 crore from HSBC AMC as sale proceeds
MUTUAL FUNDS NEWS
Sebi gives in-principle approval for change in control of HDFC AMC
Sat, Aug 06, 2022     Source : Economic Times
Capital markets regulator Sebi has granted in-principle approval for change in control of HDFC Asset Management Company along with change in one of the co-sponsors of HDFC Mutual Fund from HDFC Ltd to HDFC...
MUTUAL FUNDS NEWS
Axis AMC raises over Rs 1, 000 crore for investment in innovative companies
Fri, Dec 10, 2021     Source : Economic Times
Axis Asset Management Company, an arm of private sector lender Axis Bank, has raised over Rs 1,000 crore through the final close of Axis Growth Avenues AIF - I, aiming to fund ideas across sectors with dee...
MUTUAL FUNDS NEWS
UTI AMC appoints Anurag Mittal as VP, deputy-head of fixed income
Thu, Oct 28, 2021     Source : Economic Times
UTI Asset Management Company Limited (UTI AMC) on Tuesday said it has appointed Anurag Mittal as executive vice-president and the deputy head of fixed income for its mutual fund operations.
MUTUAL FUNDS NEWS
Amfi appoints Balasubramanian as chairman; Radhika Gupta new vice chairperson
Tue, Oct 19, 2021     Source : Economic Times
Aditya Birla Sun Life AMC managing director and chief executive A Balasubramanian has been appointed as chairman of mutual fund industry body Amfi, industry insiders said on Monday.
MUTUAL FUNDS NEWS
Bajaj Finserv gets Sebi nod to launch mutual fund business
Wed, Aug 25, 2021     Source : Economic Times
Bajaj Finserv NSE 7.79 % said it has received an in-principle approval from the Securities and Exchange Board of India (SEBI) for sponsoring a mutual fund.
MUTUAL FUNDS NEWS
Edelweiss MF CEO's secret formula to get rich: Invest in quality & future
Tue, Aug 24, 2021     Source : Economic Times
It is safe to say that almost everyone has one ultimate goal in life: to become rich.
MUTUAL FUNDS NEWS
Union AMC appoints Sanjay Bembalkar as equity fund manager
Wed, Jun 09, 2021     Source : Economic Times
Union Asset Management Company, a subsidiary of Union Bank of India and Dai-ichi Life Holdings, on Tuesday said it has appointed Sanjay Bembalkar as a fund manager in the equity segment.
MUTUAL FUNDS NEWS
Sundaram AMC notifies CCI of 100% stake acquisition in Principal Asset Management
Sat, Feb 27, 2021     Source : Economic Times
Sundaram Asset Management Company Ltd (SAMC) has notified the Competition Commission of India (CCI) of its acquisition of 100% issued and paid-up equity share capital in Principal Asset Management Pvt Ltd ...
NEWS
Sebi suggests compliance standards for index providers
Wed, Dec 09, 2020     Source : Economic Times
Markets regulator Sebi on Tuesday proposed a set of compliance standards for index providers, which design and develop indices, in a bid to ensure quality and integrity of such gauges.
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