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May 12, 2021 At ₹5.04 lakh crore, SBI MF occupies top position ICICI Prudential Mutual Fund has regained its second spot in the list of asset under management as of April-end toppling HDFC MF. Interestingly, SBI Mutual Fund with AUM of ₹5.04 lakh crore retained its numero uno position. ICICI Pru MF recorded an AUM of ₹4.13 lakh crore while HDFC MF’s stood at ₹4.08 lakh crore last month. Previously, the difference between ICICI Mutual Fund and HDFC Mutual was just ₹1,000 crore. Aditya Biral Sun Life Mutual Fund, which is gearing up to get listed on the stock exchange, has occupied the fourth position with an AUM of₹2.66 lakh crore while Kotak MF ranked fifth. ....
India Business News: Investors in all the six debt schemes of Franklin Templeton Mutual Fund that are in the process of being closed down are set to get another Rs 2,962 c ....
International Women s day: The women who run the show in the Indian mutual fund industry Share Synopsis As CEOs, heads of asset classes and fund managers, women in the mutual fund space are doing a great job and this women’s day we tell you about their remarkable work. ET Online Several reports suggest that women are still massively underrepresented in the mutual fund industry. However, a small number of women are running quite a big show in the industry. As CEOs, heads of asset classes and fund managers, women in the mutual fund space are doing a great job and this women’s day we tell you about their remarkable work. ....
Bond market will stabilise once there is visibility on RBI’s intervention, says Rajeev Radhakrishnan of SBI MF Rajeev Radhakrishnan, CIO, Fixed Income, SBI Mutual Fund× The bond market is in a turmoil due to the large borrowing program announced by the Centre. A war of nerves is currently on between the bond market and the RBI on where the yields should be. In this interaction with BusinessLine, Rajeev Radhakrishnan - CIO - Fixed Income, SBI Mutual Fund, shares his views on the current situation, What is your view on the bond market’s ability to absorb the increased supply of government paper due to the government’s large borrowing program in FY21 and FY22? ....