Mutual Funds industry press releases
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Monday, 30th Jan 2012
9th wave of Investment Confidence Index by J.P. Morgan Asset Management in association with ValueNotesInvestor 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...
Wednesday, 14th Dec 2011
Indian Individual Wealth to outshine most countries across the globe; expected to triple by 2016, estimates KARVY Private WealthThe 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...
Friday, 2nd Dec 2011
J.P. Morgan Appoints Nandkumar Surti as Managing Director and Chief Executive Officer of JPMorgan Asset Management India Private LimitedFriday, 18th Nov 2011
MF industry comes together to announce an investor friendly initiativeAnnounces the issuance of Consolidated Accounts Statement (CAS) to its investors More...
Monday, 3rd Oct 2011
AMFI announces to launch 'MF Utility' at the recently held AGMKey Highlights: - 'MF Utility' to commence operations by April 2012 - Two new Directors join AMFI Board - Chairman and Vice-Chairman re-elected - 20,000 enquiries received in the eight days Advertising campaign, Mutual Funds - Saving Ka Ek Naya Tareeka. More...
Tuesday, 16th Aug 2011
India continues to lead the region and manages to sustain very optimistic sentiment; But Investor Sentiment depressed by high inflation rateThe sentiment drags across most markets making up the Pan-Asia Index except Indonesia and Thailand. More...
Tuesday, 5th Jul 2011
Bharti AXA Investment Managers appoints Arun Prasad as Head of Sales & Business DevelopmentMumbai - Bharti AXA Investment Managers, today announced the appointment of Mr. Arun Prasad as its Head - Sales & Business Development. Prasad has over 17 years of experience in financial services industry having worked with reputed firms like Franklin Templeton Asset Management, MetLife Insurance and MasterCard. More...
Wednesday, 22nd Jun 2011
Fidelity launches Visa debit card payment service for its online customers - a first in the Indian Mutual Fund Industry.Fidelity Mutual Fund today announced that it has expanded its online service offering by allowing Visa debit card holders of 27 banks to purchase Fidelity funds through Fidelity Online (www.fidelity.co.in). This "first-of-its-kind" facility in India has been enabled through the BillDesk platform. The Visa Debit Card payment facility is in addition to the existing internet ... More...
Wednesday, 8th Jun 2011
ING Mutual Fund declares Rs. 3/- per unit dividend in its Award Winning scheme - ING Dividend Yield FundAfter payment of dividend the NAV will fall to the extent of dividend payout and statutory levy More...
Thursday, 26th May 2011
Bharti AXA General Insurance crosses 100,000 claimsService delivery mechanisms as a key differentiator to enriching customer experience Decentralized management, experienced personnel, benchmarked processes facilitate improved administration and higher satisfaction levels for claims delivery More...
Wednesday, 25th May 2011
FRO 2011 Organized by Franchise India in Mumbai gets a tremendous response2-day Expo also hosted "Start Up Summit 2011" featuring top corporate heads More...
Wednesday, 27th Apr 2011
Quantum Mutual Fund launches "Quantum Gold Savings Fund"Quantum Mutual Fund recently announced the launch of the "Quantum Gold Savings Fund", an open ended fund of fund scheme which will invest predominantly in units of the Quantum Gold Fund (ETF). More...
Wednesday, 9th Feb 2011
UTI-ULIP provides good tax-saving investment option for salaried individualsThese mutual fund schemes not only offer a tax savings option - with a tax rebate under Sec 80C of the Income-Tax Act - but also bundle life insurance cover, accident insurance cover, and investment in a balanced portfolio of debt and equity. More...
Tuesday, 8th Feb 2011
Fidelity Mutual Fund Wins Three AwardsICRA 7-Star Gold and 5-Star Award in Open Ended Equity - Tax Planning schemes ICRA 5-Star in Open Ended Diversified Equity - Defensive More...
Tuesday, 18th Jan 2011
Fidelity Launches India Children's PlanA comprehensive investment offering that provides multiple options to plan for the future financial needs of a child - Comprises Education, Marriage and Savings Funds - Allocation to Gold ETF in Marriage Fund aims to protect against rise in gold prices More...