<<        of  166      >>
Going forward, we see ourselves as a balanced AMC: Sundeep Sikka
In an interview with ET Now, Sundeep Sikka , ED & CEO, Reliance Nippon Life AM , says always retail focused, in smaller cities and town, traditional investors in gold and real estate are moving towards equity mutual funds.

Reliance Nippon AMC Q3 profit up 25% at Rs 130 crore
Reliance Nippon Life Asset Management (RNAMBSE -2.45 %) today reported 25 per cent jump in profit after tax to Rs 130 crore for the December quarter of the current fiscal.

Reliance Nippon AMC: Why equity AUM growth is crucial for the company
The life insurance stocks, though not many in number, were considered the best option for investors to tap India’s booming equity market, thanks to unit-linked insurance policy products or Ulips. This changed to some extent with the listing of Reliance Nippon Life Asset Management or RNLAM last year in November.

We might see a shift to low-cost largecaps after TRI: Radhika Gupta, CEO, Edelwiess MF
The mutual fund industry is shifting to TRI benchmarks in February. The mutual fund industry is waiting to see how investors would react to the new benchmarks. ET.com Mutual Funds spoke to Radhika Gupta, CEO, Edelwiss Mutual Fund, which is using TRI as a benchmark since September 2017. Edited interview.

Mirae Asset to set up $100-m AIF
After making its mark as a credible mutual fund player in India for 10 years, Mirae Asset Global Investments plans to venture into other financial services by setting up an alternative investment fund (AIF) and institutional broking business. Swarup Mohanty, CEO, Mirae Asset Global Investments said in the first phase the Alternative Investment Fund would raise $100 million from the South Korea-based parent Mirae Asset for investment in real estate and construction finance.

Well-managed funds would continue to outperform: Axis MF
The introduction of TRI or Total Return Index is likely to have a lasting impact on the mutual fund industry, according to industry participants. Many intermediaries are concerned that fund managers would not be able to beat the benchmark convincingly once TRI is introduced. They fear it will have an impact on investor behaviour in the coming months. However, mutual fund industry is unperturbed. Chandresh Nigam, MD and CEO, Axis Mutual Fund, says the move is "a great step

Betting on 4 themes for value play: Kotak MF
Talking to ET Now, Pankaj Tibrewal, Kotak Mutual Fund, says bullish on the momentum theme which can show growth over next 2-3 years including capital goods, early engineering plays and some parts of infrastructure, the rural theme, private sector financials theme and cement.

Equities to remain preferred asset class for 2-3 years: Reliance MF
In an interview with ET Now, Manish Gunwani , CIO-Equity Investments and Amit Tripathi , Head-Fixed Income, Reliance Mutual Fund, discuss the outlook for the short and the long term. If the fiscal numbers are broadly in order, markets would stabilise over the next two to three months, especially the G-Sec part.

Key market indices to rise 10% this year: Birla MF
Aditya Birla Sun Life Mutual Fund expects the key benchmark indices — Sensex and Nifty — to register a moderate growth of 10 per cent this year. In 2017, the BSE Sensex gained 29.58 per cent while the NSE Nifty rose 30.28 per cent. The effect of reforms would continue to affect corporates this year and a nimble view on different sectors is required, said the fourth-largest fund house with AUM of ?2.41 lakh crore.

2017 has set the ball rolling for MF industry: A.Balasubramanian, ABSL MF
Talking to ET Now, A Balasubramanian, CEO, Birla Sun Life AMC , says with govt borrowings going up by Rs 50,000 crore, the portfolio of a bond trader gets impacted but it does not affect the entire investing public. Therefore, one should not get worried about it.

<<        of  166      >>