Icici Prudential

HDFC Life to merge Max Life, Analjit Singh to pocket Rs 850 cr as non-compete fee

The boards of HDFC Life, Max Life, Max Financial Services and Max India decided to amalgamate their businesses to create a Rs 25,500-crore entity under the label of HDFC Life through a 3:7 share swap under which a Max shareholder will get three HDFC Life shares for every seven in an old share deal

Sponsored: Here's how you can make your dreams a reality, systematically

What better way to make your dream a reality than using a systematic approach via mutual funds systematic investment plan or SIP?

Sponsored: What's the right age to invest in a SIP?

The sooner you start investing, the better it is.

Sponsored: 3 mantras of smart investing

The SIP route helps you build an investment portfolio with small systematic investments at regular intervals, and hence imparts financial discipline.

EPFO to appoint fund managers tomorrow, may raise pension age to 60

EPFO is likely to appoint fund managers tomorrow for a three year term from 1 April and raise age limit for vesting of pension by two years to 60.

EPFO trustees to appoint new fund managers on 19 Feb

EPFO's apex decision making body the Central Board of Trustees (CBT) is likely to appoint new fund managers on 19 February for 3-year term beginning 1 April.

Why ICICI Dynamic Fund has a contra bet on Cairn India

S.Naren, the chief investment officer - equities at ICICI Prudential mutual funds is taking a big bet on Cairn India, a global E&P company which has seen its stock price fall by 12 percent over the last year.

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.

Fund houses revise exit loads on equity schemes to avoid quick sell-offs

The move follows a strong rally in the stock markets, which has led to many retail investors cashing out from equity mutual fund schemes. The net outflow in September rose to a two-year high of Rs 3,559 crore from these funds.

Reliance, ICICI Prudential discontinue 190 schemes to comply with Sebi rules

Five mutual funds, including leading players including Reliance and ICICI Prudential MF, today listed out a total of 190 schemes that would be discontinued for fresh SIP investments to comply with Sebi guidelines.