Tag: Mutual Funds
Prudential Financial is said to mull India asset manager sale
The corridors of India’s burgeoning financial sector are currently abuzz with significant speculation. Reports indicate that Prudential Financial Inc. (PFI), the US-based global financial...
HDFC AMC, Canara Robeco, other AMC shares rise up to 8.5% after SEBI revises expense ratios
The Indian mutual fund industry witnessed a significant uplift recently as shares of several Asset Management Companies (AMCs) soared, with prominent players like HDFC...
ICICI Prudential AMC IPO GMP rises on final day of subscription as issue sees robust 17x demand
The highly anticipated Initial Public Offering (IPO) of ICICI Prudential Asset Management Company (AMC) has drawn to a close, marking a resounding success as...
As mutual fund assets top Rs 80 trillion, SEBI chief calls out low financial literacy
India’s mutual fund industry has achieved an astounding milestone, with assets under management (AUM) soaring past the Rs 80 trillion mark. This remarkable growth...
