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Sebi pitches for tax rationalisation in capital markets
Business

Sebi pitches for tax rationalisation in capital markets

In its budget proposal to the Finance Ministry, Sebi has recommended reducing the securities transaction tax (STT) on stock trading, sources said

Investors pump in Rs 1 lakh cr in MFs in July after June redemption
Business

Investors pump in Rs 1 lakh cr in MFs in July after June redemption

With this, total net inflow in MF (mutual fund) schemes has crossed over Rs 1.93 lakh crore in April-July of 2016-17

HDFC MF chief Milind Barve gets Rs 26.21 crore in salary, ESOPs
Business

HDFC MF chief Milind Barve gets Rs 26.21 crore in salary, ESOPs

Top fund house HDFC Mutual Fund's chief Milind Barve has got a total remuneration of Rs 26.21 crore for the latest fiscal 2015-16, but a large portion came from exercise of ESOPs previously granted to him.

MF assets base from smaller cities rises 31% to Rs 1.85 lakh cr
Business

MF assets base from smaller cities rises 31% to Rs 1.85 lakh cr

Industry experts attributed the increase in contribution from B15 cities to investor awareness and education programmes by mutual fund houses as well as incentive schemes launched by capital markets regulator Sebi.

MF assets at Rs 8.78 lakh cr in 2013, up by Rs 85,000 cr
Business

MF assets at Rs 8.78 lakh cr in 2013, up by Rs 85,000 cr

Fund houses are upbeat about an even better performance in 2014 on account of various measures initiated by market regulator Sebi as well as plans of individual players to expand the distribution network across the country.

Mutual funds see asset base grow by Rs 1 lakh crore in 2013
Business

Mutual funds see asset base grow by Rs 1 lakh crore in 2013

Fund houses are upbeat about an even better performance in 2014 on account of various measures initiated by market regulator Sebi as well as plans of individual players to expand the distribution network across the country, particularly to smaller cities.

Polaris To Develop MF Utility Platform For AMFI
Biztech

Polaris To Develop MF Utility Platform For AMFI

A comprehensive National Financial Infrastructure for investors, distributors and brokers.

How IT Enables UTI AMC Meet RBI Diktat
Biztech

How IT Enables UTI AMC Meet RBI Diktat

Lately, the mutual fund industry is having a hard time complying with constant regulatory changes. Raghunatha Reddy, VP-IT, UTI AMC explains how IT has enabled the company come to terms with RBI.