| News |
|
|
| IDBI Bank launches Portfolio Investment Scheme |
| IDBI Bank has launched Portfolio Investment Scheme (PIS), a product that would enable NRIs and PIOs to invest in secondary capital market in India. The product would be available to existing customers of IDBI Bank. More.. |
| |
| Pranab presents budget, market participants positive |
Union Finance minister Pranab Mukherjee has presented a budget in Parliament on February 28, 2010 for the financial year 2010-11. It has received a mixed response from the market participants. More..
|
| |
| ICICI Lombard introduces Home Insurance Policy |
| Customers can avail insurance cover for the contents of their house against loss due to natural perils like fire, flood, storm etc. as well as man made perils like burglary, attempted burglary or theft. More.. |
| |
| Aviva India introduces premium payment on phone through credit card |
Aviva has integrated its system with Atom Technologies IVR payment system wherein an Aviva customer can make premium payment by using their credit card and feeding in the essential details of their policy and credit card. More..
|
| |
| Individual investors return to equity funds |
Equity funds saw interest returning from individual investors as they witnessed net inflows of Rs.13 billion, for the first time after five months. The category had witnessed net outflows of close to Rs.80 billion since August 2009 after the ban on entry loads by SEBI. More..
|
| |
| Islamic Finance is likely to advance in 2010 on the firm growth |
Islamic finance growth has stayed strong and will likely be brisk during the next year, said Standard & Poor's Ratings Services in a report More..
|
| |
| BSE Brokers Forum launches portal to arrest client defaults |
| National Stock Exchange CEO and Managing Director Ravi Narain launched FLIP (Financial Investment Platform) of Geojit BNP Paribas Financial Services’ new enhanced online investment platform by placing an order on Tuesday. More.. |
| |
| Geojit BNP Paribas launches a new enhanced online investment platform |
| National Stock Exchange CEO and Managing Director Ravi Narain launched FLIP (Financial Investment Platform) of Geojit BNP Paribas Financial Services’ new enhanced online investment platform by placing an order on Tuesday. More.. |
| |
| BSE and Netmagic join hands for Automated Trading |
This collocation facility will be extended to Broker members and their customers to host their servers near to BSE’s trading platform within BSE premises and will facilitate faster trade execution especially for program trading. More..
|
| |
| Funds with lower cash holdings outperform: Crisil |
| Investors should be careful while considering equity funds that take active cash calls in a downturn as these funds may not benefit very significantly from a subsequent rally.More.. |
| |
| Income fund inflows boost mutual fund assets: CRISIL |
| The mutual fund industry’s assets under management (AUM) reached a new peak of Rs.7.75 trillion at the end of October. This was on the back of healthy inflows into debt funds, specifically ultra short term. More.. |
| |
| Investors’ interest revives in debt mutual funds |
| Crisil has also observed a shift in investor preference towards relatively shorter-term schemes, increased investment in higher-rated credits and high demand for debt instruments issued by banks. More.. |
| |
| BSE changes contract specifications for Index F&O |
| BSE has decided to make certain changes in the expiry of Index based Monthly Futures & Options as well as all weekly options contracts. More.. |
| |
| Reach out to right TG @ less than cost of an SMS! |
| It is also observed that the prices of such scrips have moved to a higher level with small quantities being traded. More.. |
| |
| BSE cautions investors while dealing in illiquid scrips |
| It is also observed that the prices of such scrips have moved to a higher level with small quantities being traded. More.. |
| |
| BSE introduces new transaction fee structure |
| BSE will introduce a new transaction fee structure for its cash equity segment effective from October 7, 2009. More.. |
| |
| BSE introduces trade details to investors |
| As an investor friendly gesture, BSE has commenced a facility of sending trade details to the investors on the eve of Gandhi Jayanti. More.. |
| |
| Investors place premium on strong corporate governance practices |
| S&P Study of Indian firms explores link between corporate governance and company performance research based on S&P ESG India Index. More.. |
|
| Religare Macquarie brings overseas investment options |
| |
| Sahara Prime City targets to raise Rs 3,450 crore, files DRHP |
| |
| CRISIL launches Independent Equity Research |
Through IER, CRISIL will provide independent assessments on the fundamentals and valuations of listed Indian companies.. More..
|
| |
| IPO bazaar gains momentum |
The primary market is picking up. More and more companies are coming out with IPOs. A detailed report. More..
|
| |
| Euro Multivision IPO opens on Sep 22 |
| Euro Multivision Ltd will enter the capital market with its IPO of 8.8 million equity shares of Rs 10 each, with a price band of Rs 70-75, on September 22, 2009, , More.. |
| |
| Indian issuers face challenges due to the downturn |
| Currently, there is a strong negative bias in the ratings across the sector, with almost three-quarters of the rated portfolio now either on a negative outlook or on CreditWatch with negative implications. More.. |
| |
| Kotak Securities introduces TradeSmart |
| TradeSmart provides strategic market trends to its traders and investors in uncomplicated terms. Integration like this where users can track all the stocks in their portfolio. More.. |
| |
| Higher IPO grade stocks are less volatile : Crisil |
CRISIL Equities’ analysis of 52 listed Initial Public Offer (IPO) graded companies shows that the stock price volatility of a company is inversely correlated to the IPO grade assigned to it. . More..
|
| |
| Kotak Life Insurance launches “Kotak Single Invest |
| Kotak Mahindra Old Mutual Life Insurance Limited (Kotak Life Insurance), one of India’s leading life insurance companies announced the launch of its ‘Kotak Single Invest, a unit linked plan, wherein a single premium enables the policy holder to reap the benefits of insurance and investment throughout the policy term. |
| |
| UTI MF and NISM launch a new training programme for Financial Advisors |
UTI Mutual Fund alongwith National Institute of Securities Markets (NISM) has today launched a training programme called “Building an Investment Advisory Business” for its Financial Advisors.. More..
|
| |
| Kotak Mahindra Mutual Fund launches Kotak Select Focus Fund |
Kotak Mahindra Asset Management launched Kotak Select Focus Fund. The fund is an open ended equity scheme that aims to maximize long-term capital appreciation by investing in equity and equity related securities. More.
|
| |
| Kotak Mahindra AMC launches Sensex ETF |
Kotak Mahindra Asset Management Company launched an exchange traded fund focusing on investing in the stocks that comprise the BSE Sensex. More..
|
| |
| Now, investors can opt new online platforms to save 2% entry load |
Fidelity India is the first fund house to launch a special online initiative for the investors to buy and sell MF schemes. More.........
|
| |
| ICICI Prudential AMC launches ICICI Prudential Focused Equity Fund |
| ICICI Prudential AMC has launched ICICI Prudential Focused Equity Fund.More... |
| |
| AIG Investments launches the AIG World Gold Fund |
AIG Investments has launched AIG World Gold Fund, an open ended fund of funds scheme, with an aim to invest in companies engaged in the extracting, processing and marketing of gold through an international fund. More..
|
| |
| MFs offer two more NFOs to the investors |
| DSP Merrill Lynch Fund managers launches Natural Resources and New Energy Fund and AIG Investments introduces Short Term Fund for the investors. More.. |
| |
| Tata Mutual Fund launches growing economies infrastructure fund |
Tata Mutual Fund has launched Tata Growing Economies Infrastructure Fund, an open ended equity scheme, with a two plan option for the investors. More..
|
| |
| Bajaj Allianz Life Insurance offers Future Income Generator Plan |
| Bajaj Allianz Life Insurance, a private life insurance company, has launched a new plan Future Income Generator Plan – Future Secure - a unit-linked Deferred Annuity Plan that will give monthly income even after retirement. More.. |
| |
| MFs offer two new schemes |
| Mirae Asset Global Investment Management has lunched its maiden equity fund - Mirae Asset India Opportunities Fund. The fund is an open-ended diversified equity fund which will open on February 11 to close on March 10. More.... |
| |
| Fidelity’s unique way of creating investors awareness |
| In a bid to generate investor’s awareness, Fidelity has decided to hold a “Rs.33,990 Tax Advantage Contest” about the ELSS category of funds as a tax-saving tool. The contest requires participants to answer four questions about ELSS after reading the information provided in the entry form and to say why ELSS is a good idea. More.. |
| |
| ICICI Prudential MF launches two new schemes |
| ICICI Prudential Fixed Maturity Plan Series 33 – Plan A is an equity linked fixed maturity plan. The fund is a close ended debt which aims to provide an opportunity to gain from equity market linked returns. More.. |
| |
| AIG Investments offers Economic Reform Fund |
AIG Investments launched AIG Infrastructure and Economic Reform Fund, an open-ended equity scheme. The fund will invest in companies that may benefit from potential investments in infrastructure and unfolding economic reforms without having any bias towards any sector or market capitalisation range. More.... |
| |
| HDFC MF, Lotus India launch new schemes |
HDFC Mutual Fund has launched HDFC Infrastructure Fund. The New Fund Offering (NFO) period for the scheme is between January 08 to February 21.
More.. |
| |
| RPL IPO to open on January 15 |
| The issue will open on January 15 and it will close on January 18. The price band has been fixed between Rs 405 and Rs 450 per equity share. A discount of Rs 20 to the issue price determined pursuant to completion of book building process shall be offered to retail individual bidder. More.. |
| |
| ICICI Prudential Life launches LifeStage Pension Plan |
| ICICI Prudential Life Insurance has launched LifeStage Pension Plan, a unique unit linked retirement plan, on Monday. The new plan has no premium allocation charge for regular premiums, which means 100% of the investors' money is invested in the market. More.. |
| |
| Birla Sun Life AMC launches Special Situation Fund |
Birla Sun Life AMC launched Special Situations fund. The NFO is a an open-ended diversified equity scheme which will open on December 17, 2007. More..
|
| |
| Lotus India AMC launches Quant based ELSS Scheme |
Lotus India AMC has launched Quant based ELSS Scheme - Lotus India AGILE Tax Fund (Alpha Generated from Industry Leaders Fund). The investment objective of this scheme is to generate capital appreciation by investing in a passive portfolio of stocks selected from the industry leaders on the basis of a mathematical model designed by the LIAMC Team. More.... |
| |
| ING MF offers Global Real Estate Fund |
| ING Investment Management India has launched ING Global Real Estate Fund, an open ended Fund of Funds (FoF), scheme for the Indian investors. The scheme opened on November 20 and will close on December 14 More.. |
| |
| MFs unveil three new innovative schemes |
| Mutual Fund (MF) industry has unveiled three innovative funds for the retail investors this week. Franklin MF has announced the launch of Asia Equity Fund. Similarly, ICICI Prudential Mutual Fund has designed debt oriented Real Estate Securities Fund. Another fund house, Sundaram BNP Paribas Select Thematic Fund has launched Select Thematic Funds Energy Opportunities. More.. |
| |
| UTI Mutual Fund launches UTI - Infrastructure Advantage Fund-Series I |
UTI Mutual Fund launched a new scheme, UTI-Infrastructure Advantage Fund-Series I. The new fund offer (NFO) opens on November 12, 2007 and will close on December 19, 2007. Units can be purchased only during the NFO period. More.. |
| |
| JPMorgan AMC launches ‘Smaller Companies Fund’ |
| JPMorgan Asset Management has launched its second equity fund - the JPMorgan India Smaller Companies Fund. The open-ended, equity growth scheme, aims to generate long-term capital appreciation from a portfolio that is substantially constituted of equity and equity-related securities focussed on smaller companies. More.. |
| |
| ICICI Lombard offers ‘Health Advantage Plus’ |
| ICICI Lombard General Insurance, a private sector general insurer, has recently unveiled a health insurance tax saving plan. Health Advantage Plus is the first health insurance product to cover OPD and dental expenses while optimising on tax benefits under section 80D. More.. |
| |
| Lotus India’s first Agile Fund opens from Oct 25 |
Lotus India AMC has launched India’s first Quant based mutual fund scheme - Lotus India AGILE Fund (Alpha generated from industry leaders fund). More...... |
| |
| Birla Sun Life Insurance offers Saral Jeevan Plan |
Birla Sun Life Insurance (BSLI) has launched “Saral Jeevan Plan”, a unit-linked life insurance plan, that provides immediate life insurance cover. More...
|
| |
| SBI MF offers Capital Protection Oriented Fund |
| SBI Mutual Fund has launched SBI Capital Protection Oriented Fund Series – 1, the first capital protection oriented fund by the fund house. The close-ended fund, with a 5-year maturity period, would be benchmarked to CRISIL MIP Blended Index. More... |
| |
| ICICIdirect.com launches overseas trading services |
ICICIdirect.com, the online broking arm of ICICI Securities, is the first to launch an overseas trading services which will allow the retail investors to trade in the stocks across all US stock exchanges -- NYSE and NASDAQ. More... |
| |
| UTI Mutual Fund launches UTI Energy Fund |
| UTI Mutual Fund has launched UTI Energy Fund on October 5. UTI Mutual Fund is widening the investment objective of its existing UTI-GSF-Petro by renaming the fund to UTI Energy Fund. The investment objective of UTI Energy Fund is to cover the entire energy sector to capitalise on the emerging opportunities across the sector. More... |
| |
| DSP Merrill Lynch’s 1 Year FMP to close on Oct 10 |
| DSP Merrill Lynch Mutual Fund has launched a one-year Fixed Maturity Plan (FMP). The New Fund Offer (NFO) will close on October 10, 2007. The scheme seeks capital appreciation by investing in a portfolio of debt and money market securities. More... |
| |
| Lotus India Infrastructure Fund opens |
| Lotus India AMC has launched Lotus India Infrastructure Fund, a closed-ended equity scheme with a maturity of three years.
The objective of the scheme is to provide long-term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of infrastructure companies. More... |
| |
HDFC cuts home loan interest rate
HDFC, a housing finance company, has announced a special home loan scheme for the retail customers. More... |
| |
|
| |
Tata Indo-Global Infrastructure Fund to close on Oct 16
The New Fund Offer (NFO), priced at Rs.10 per unit, was opened for the initial subscription on September 3, 2007 and it will close on October 16, 2007. The fund will invest 65% to 85% in equity and equity related instruments of domestic companies, 15% to 35%, in foreign securities. More... |
| |
Fidelity India growth fund to open from Sep 3
Fidelity Fund Management has launched Fidelity India Growth Fund , an open ended diversified
equity fund, which will invest largely in growth oriented companies in India and globally to deliver long term capital appreciation. More... |
| |
|
|
| |
