mutual fund industry

NEW DELHI: A sprawling regulatory probe that’s ensnared the Indian partner of Schroders Plc is roiling one of the nation’s largest asset managers and is poised to shake up India’s $465 billion mutual fund industry. Axis Asset Management…

The asset base of domestic mutual fund industry witnessed an annual growth of 14 per cent to reach Rs 37.75 lakh crore in the three months ended June on sustained inflows in equity schemes by way of SIPs (Systematic Investment Plans) and…

Inflationary pressures are likely to continue and force the RBI to further hike interest rates during the course of the current fiscal but the tighter financial conditions can impact growth, finance industry veteran Deepak Parekh said on…