Mutual Funds industry press releases

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Thursday, 27th Nov 2014

US PE (Exhilway Asia Ventures Inc) Confirms $1 Billion Investments into India & Filed an IPO with NASDAQ

Exhilway Asia Ventures Inc, the emerging markets PE fund especially India focused has filed for a IPO and listing at NASDAQ with valuation of over US $2.5.billion reports Reuters and others. Please refer the links below. The IPO will be concluded in the early 2015 which will allow EAV to raise the desired funds from time to time. Further we are glad to share the latest dev... More...

  • Published on Nov 27, 14

Wednesday, 12th Nov 2014

Commemorative Postage stamp on UTI released by the Minister for Communications & IT, Shri Ravi Shankar Prasad

Department of Posts, Ministry of Communications & IT has brought out a Commemorating Postage Stamp on UTI, the premier financial institution of India. Commemorative Postage stamp on UTI was released by the Minister for Communications & IT, Shri Ravi Shankar Prasad in the presence of distinguished guests and dignitaries. Speaking on the occasion, the Minister lauded UTI on ... More...

  • Published on Nov 12, 14

Friday, 7th Nov 2014

Hon'ble Minister of Communications & IT releasing Postal stamp on UTI (Unit Trust of India)

Sh. Ravi Shankar Prasad, Hon'ble Minister of Communications & IT releasing Postal stamp on UTI (Unit Trust of India) on 12th Nov 2014 at Hotel Leela, New Delhi. Department of Posts is happy to celebrate the journey of UTI by releasing a Commemorative Postage Stamp on UTI. More...

  • Published on Nov 7, 14

Tuesday, 13th Aug 2013

HDFC Mutual Fund launches HDFC CPO - I - 36M August 2013, a Plan under HDFC Capital Protection Oriented Fund - Series I

(Close-ended Capital Protection Oriented Income Scheme) - The scheme would be open for initial subscription between August 16, 2013 and August 30, 2013 - The scheme is focused towards protection of capital - Scheme Rating - [ICRA]AAAmfs(SO) by ICRA More...

  • Published on Aug 13, 13

Wednesday, 7th Aug 2013

SBI Mutual Fund is 1st to launch unique investor education campaign

SBI Mutual Fund, one of the oldest and trusted mutual fund brands, donning the mantle of an industry leader and attempting to rebuild overall affinity towards the mutual fund asset class, today announced the launch of SBI Fund Guru, its unique, pan-India, multi-lingual multi-media investor education campaign, considered to be the first in the asset management industry in r... More...

  • Published on Aug 7, 13

Tuesday, 25th Jun 2013

Rujan Panjwani inducted as Executive Director, Edelweiss Financial Services

The Board of Edelweiss Financial Services, leading diversified financial services provider has announced the appointment of Rujan Panjwani as an Executive Director on its Board. "I welcome him to the Board and am sure that the Company will benefit enormously from his experience in the areas of business strategy, risk, regulatory frameworks and leadership development," said... More...

  • Published on Jun 25, 13

Tuesday, 9th Oct 2012

IIFL Private Wealth bags the 'Best Wealth Management House in India 2012' award second time in a row

IIFL Wealth Management Ltd has been awarded the 'Best Wealth Management House in India 2012' by the Triple A Investment awards organized by The Asset. More...

  • Published on Oct 9, 12

Monday, 24th Sep 2012

L&T Mutual Fund appoints Mr. Soumendra Nath Lahiri as Head - Equity

L&T Mutual Fund announces the appointment of Mr. Soumendra Nath Lahiri as Head - Equity. Commenting on the appointment, Mr. Y.M. Deosthalee, Chairman and Managing Director, L&T Finance Holdings Limited said, "I am pleased to welcome Lahiri as Head, Equity at L&T Mutual Fund. More...

  • Published on Sep 24, 12

Monday, 17th Sep 2012

Adfactors PR and Della Technica

Peerless Funds Management Company Limited has signed an MOU with Allahabad Bank today. The alliance focuses on distribution of Peerless Mutual Fund Products through select branches of Allahabad Bank. More...

  • Published on Sep 17, 12

Wednesday, 18th Jul 2012

Peerless Short Term Fund - Scheme Update - Effective July 23rd, 2012

Peerless Mutual Fund introduces an Exit Load revision of 1% for 9 months effective from July 23rd, 2012 in the Peerless Short Term Fund. More...

  • Published on Jul 18, 12

Tuesday, 8th May 2012

CEAT's Net Sales grow by 24.2% in FY12 Q4

CEAT, a leading tyre manufacturer, an RPG Group company, announced its audited results for the financial year (FY) 2011‐12 and unaudited results for the fourth quarter (Q4) ended March 31, 2012. More...

  • Published on May 8, 12

Tuesday, 13th Mar 2012

Edelweiss Mutual Fund launches its fifth FMP named Edelweiss Fixed Maturity Plan - Series 5 with 91 Days. The NFO opens on March 12, 2012 and closes on March 15, 2012.

Highlights of Edelweiss Fixed Maturity Plan - Series 5 (91 Days)  A Close-ended Income Scheme that seeks to generate regular income through investments in Debt and Money Market Instruments maturing on or before the Maturity Date of the Scheme  NFO opens on March 12, 2012 and closes on March 15, 2012  The minimum application amount is Rs. 5,000/- and addition of Rs... More...

  • Published on Mar 13, 12

Wednesday, 8th Feb 2012

ArthVeda Appoints Mr. Lokanathan M. Nadar To Head Its Infrastructure Vertical

"ArthVeda's growth strategy is built around a number of verticals; we are already managing funds in the real estate vertical. With Mr. Nadar joining the management of ArthVeda the company is opening up its infrastructure vertical. His wide and all round experience and in-depth knowledge of the core infrastructure sector will help us launch a series of specialized infrastru... More...

  • Published on Feb 8, 12

Monday, 30th Jan 2012

9th wave of Investment Confidence Index by J.P. Morgan Asset Management in association with ValueNotes

Investor sentime weakens across all wallet sizes and age groups; IFAs in Mumbai (106) continue to be the most sceptical, while Delhi/NCR IFAs (139) are the most confident; Retail investment activity in mutual funds inches up; Investors and advisors bullish about the Sensex trading levels in June 2012; Majority of retail investors in Pune and Mumbai expect the Sensex to reb... More...

  • Published on Jan 30, 12

Wednesday, 14th Dec 2011

Indian Individual Wealth to outshine most countries across the globe; expected to triple by 2016, estimates KARVY Private Wealth

The Individual Wealth of Indians has grown consistently, from 73 lac crore last year to 86.5 lac crore currently. Moreover, it is expected to nearly triple by FY16 (at 23% CAGR) to reach a whopping 249 lac crore. Wealth of Indian Individuals has grown by over 18% as compared to a mere 9.7% for of global High Net Worth Individuals (HNIs) in the last one year. The growth was... More...

  • Published on Dec 14, 11