Mutual funds garner over Rs 49,000 crore in April-September

Retail investors are preferring the SIP option for investing in mutual funds, as the industry garnered more than Rs 49,000 crore through this route in the first six months of the current fiscal,...

Big bet on SIPs: MFs garner over Rs 49,000-cr in Apr-Sep FY#39;20

Retail investors are preferring the SIP option for investing in mutual funds, as...

Baroda AMC and BNP Paribas AMC decide to merge

Baroda Asset Management and BNP Paribas Asset Management on Friday said they have decided to merge their businesses in a bid to leverage each other's strengths to offer products for retail and institutional...

Canara Robeco Mutual Fund appoints Shridatta Bhandwaldar as head of equities

Canara Robeco Mutual Fund has appointed Shridatta Bhandwaldar as head of equities. Bhandwaldar has replaced Krishna Sanghavi, who left the fund house recently. The 19th largest mutual fund house by AAUM has also...

PPFAS Mutual Fund cuts TER on direct plan of Parag Parikh Long Term Equity...

PPFAS Mutual Fund has reduced the total expense ratio or TER on the direct plan of Parag Parikh Long Term Equity Fund by 10 basis points (100 basis points = 1 per cent),...