Mutual Funds Login
Cash / F&O
US retail sales inched up by 0.1% in August after climbing by an upwardly revised 0.7% in July.
US industrial production climbed by 0.4% in August, matching the upwardly revised increase in July.
UK BoE Governor Mark Carney to continue as head of England’s central bank until the end of January 2020.
UK unemployment rate remained steady at 4% over the May-July period compared to the April-June period.
Infosys to buy Fluido for 65 mn euros, increase presence in Nordics region.
Ashok Leyland bags order for 200 AC intercity, city buses in Bangladesh.
Hindalco to invest Rs. 3600 cr. in Gujarat for extrusion and recycling plants.
Yes Bank to raise up to Rs. 3042 cr. by issuing bonds to comply with Basel-III norms.
Punjab National Bank puts 21 non-performing accounts on sale to recover over Rs. 1320 cr.
Bandhan Bank drops out of the race to acquire PNB Housing Finance.
Government / Regulatory News:
Finance Minister says government will maintain the fiscal deficit target of 3.3% of GDP as estimated in the Budget.
Government announces a series of measures including curbing non-essential imports and incentivising exports.
Government to soon initiate the strategic sale process for four subsidiaries of Air India.
According to SEBI data, capital put in by alternative investment funds (AIFs) has risen to nearly Rs 75,000 cr at the end of the April-June quarter of the current fiscal year, a surge of 90% from the year-ago period.
Government is preparing a Rs. 1 lakh cr. plan to set up mega national employment zones across the country.
The Cabinet allows gradual entry of private firms in procurement of foodgrains and sanctions Rs. 31603 cr. for two schemes to ensure farmers are able to sell their produce at the minimum support price (MSP).
Central Board of Indirect Taxes and Custom (CBIC) eases the norms for re-importing electronic goods for repair work.
SEBI may approve trading in commodities derivatives segment by foreign entities.
India’s industrial production grew at 6.6% in July; the IIP growth for June was revised downwards to 6.9%.
Retail investors are increasingly opting for systematic investment plans (SIPs) in mutual funds as the industry garnered over Rs 7,600 crore through this route in August, a surge of 47% from the year-ago period.
SBI Mutual Fund has appointed Ashwani Bhatia as Managing Director and Chief Executive Officer.
Motilal Oswal Mutual Fund has revised the minimum lumpsum investment amount, minimum installments for systematic investment plan, systematic transfer plan and systematic withdrawal plan, with immediate effect.
Franklin Templeton Mutual Fund has revised the exit load structure of Franklin India Equity Hybrid Fund.
Reliance Mutual Fund has launched NFO – Reliance India Opportunities Fund – Series A – close ended fund. NFO closes on 21-Sep-2018.
have coffee with us.
CUP OF COFFEE
REQUEST A CALL BACK