However, ICICI Securities Limited Errors Exception sold 3,000,000 shares at Rs 410.04 per share on the BSE. Mahindra & Mahindra Limited sold 3,329,282 shares of Mahindra Holidays at Rs 414.14 per share on the BSE. However, SBI Mutual Fund bought .
MUMBAI: Fund houses ICICI Prudential Mutual Fund and SBI Mutual Fund are staring at mark-to-market losses after rating company Crisil downgraded non-convertible debentures of Essel Mining & Industries to AA- and put the Aditya Birla group company on .
Some of these fund houses have certain conditions on which they allow investors based in USA and Canada to put money in their schemes. For example, ICICI Prudential AMC, Birla Sun Life Mutual Fund and SBI Mutual Fund allow investments only through .
Since the stock market is at a higher level now, you can invest the amount via a Systematic Investment Plan (STP) of four to five months in SBI Bluechip Fund (largecap scheme), Mirae Asset Emerging Bluechip Fund and Canara Robeco Emerging Bluechip .
You are investing in a good diversified mix of mutual fund schemes. SBI Pharma Fund is a sectoral fund that invest in the pharmaceutical space. The sectoral funds are more risky than diversified funds , as their performance is linked to a particular sector.
We have not really seen the peak of 2007, we have not seen what happened in 2000, we have not seen what happened in 1991-92 and we have not seen what happened in 1985 says Navneet Munot, CIO, SBI Mutual Fund . Talking to ET Now, Munot says it .
Chances are that Dalal Street has been witnessing the first meaningful correction of calendar 2017. If that means a 5 to 10 per cent cut in the Nifty, considered normal stopover for a bull market, it might be healthy for the long run but very painful.
including vice president (credit), Chicago and faculty for credit at SBSC Hyderabad. Some of the key assignments handled by her include developing the home loans and real estate businesses at SBI. "SBI MF has established itself among the top-5 fund houses.
SBI Mutual Fund will levy an exit load for switches from SBI Equity Savings Fund with immediate effect, the fund house said in a notice today. The scheme will levy an exit load of 1 percent if investments are switched to all opened-ended equity schemes.
A total of 14 mutual funds applied through 49 schemes for the anchor portion. Meanwhile, the public issue of SBI Life, which opened on Wednesday, was subscribed 0.9 times on the first day with bids received for 83.66 lakh shares against 8.82 crore shares.
The eligibility will be based on parameters including the quantum of deposits, loans or investments in various instruments such as mutual fund,” Jasuja told BusinessLine. Expanding customer base SBI’s own customers currently account for nearly 38 per.
Prior to joining SBI ... Hyderabad. Some of the key assignments handled by her include developing the Home Loans and Real Estate businesses at SBI. Speaking on her appointment, Ms Rao said ‘It is indeed a privilege to be a part of SBI Mutual Fund.
Also, SBI Mutual Fund A/C Magnum Balanced Fund bought 7,90,000 shares at Rs 1,246.10 and SBI Mutual Fund A/C SBI Bluechip Fund bought 11,61,694 shares at Rs 1,246.10. However, Integrated Mauritius Healthcare Holdings sold 25,60,852 shares at .
The fund's performance has slipped in recent months but its strength lies in delivering a superior risk-adjusted return than most of its peers. A skilled fund manager with proven execution capabilities provides comfort, making the fund a top pick in.
In an interview with Prashant Mahesh, Navneet Munot, chief investment officer, SBI Mutual Fund , said that given the sharp run-up in mid-cap stocks, from a valuation perspective, there is higher margin of safety in largecaps. Edited excerpts: The.