As per the Sebi mandate, large & mid cap mutual funds are open-ended equity schemes that invest a minimum of 35% of total ...

The task force for capital market reform recently submitted important recommendations for the mutual fund industry. Among their recommendations is the proposal to discontinue closed-end mutual funds ...

The high-yield muni fund was launched as an open-ended mutual fund in 2006. Prior to its conversion, it had about $1.6 billion in assets and had returned 8.6% over the past year on its bets ...

Investors are favoring ETFs over mutual funds for lower fees, better tax advantages, and flexibility. ETFs are gaining ...

All closed-end mutual funds must be redeemed on reaching maturity and no tenure extension will be allowed, recommended a government-formed taskforce.

Union Mutual Fund has launched two new funds that will invest in gold “at a time when investors are looking for diversified ...

The asset manager charging the lowest fees on ETF and mutual fund trades has reaped the most revenue and gained the most ...

Investors can apply through licensed mutual fund distributors, online platforms, or directly via the Bandhan Mutual Fund ...

Nippon India Active Momentum Fund employs a multi-factor quantitative model aimed at identifying high-potential investment ...

Markets regulator Sebi has amended mutual fund rules asking asset management companies (AMCs) to deploy the money collected ...

The high-yield muni fund was launched as an open-ended mutual fund in 2006. Prior to its conversion, it had about $1.6 billion in assets and had returned 8.6% over the past year on its bets ...