sbi mutual fund news
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SBI MF to acquire funds of Daiwa MF
Mumbai :: India | 13 days ago
Credibility
SBI Mutual Fund (SBI MF) has agreed to acquire the existing India-domiciled fund schemes of Daiwa Mutual Fund (Daiwa MF). State Bank of India, SBI Mutual Fund Trustee Company Private Limited and SBI Funds Management Private Limited have reached an
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SBI Mutual Fund launches gold accumulation facility
Mumbai :: India | 1 month ago
Credibility
SBI Mutual Fund has launched a gold accumulation facility fund that would allow investors to invest in the scheme based on a specific quantity of the fund house's ETF unit. "A customer research says that investors generally prefer investing in gold
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SBI Mutual Fund buys 11.93 lakh shares of Shriram City for Rs 89.50 crore
Mumbai :: India | 9 months ago
Credibility
SBI Mutual Fund today purchased 11.93 lakh shares of non-banking financial company Shriram City Union Finance for a deal worth Rs 89.50 crore. According to bulk deal data available with the stock exchanges, SBI Mutual Fund bought 11.93 lakh shares of
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SIPs beat Sensex in 5-year race, yield good returns
Mumbai :: India | 9 months ago
Credibility
Investing in mutual fund equity schemes through systematic investment plans (SIPs) has yielded better returns for investors than lump-sum unit purchases in these products. Buying equity scheme units through SIPs, which involves pre-determined
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SBI MF plans to 'Go Green' on World Environment Day
Mumbai :: India | 1 year ago
Credibility
This initiative has been taken by SBI Mutual Fund with an aim to promote the use of cloth bags instead of plastic. Deepak Chatterjee, managing director of SBI Mutual Fund, said 'Cloth bags offer an earth-friendly alternative to plastic bags. Many
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Funds miss bus as stocks stage a surprise rally
Mumbai :: India | over 1 year ago
Credibility
The surprise stock market bounce in January caught many fund managers napping, resulting in various equity schemes underperforming their benchmarks during the month...Their inability to shuffle their portfolios in a short period caused their schemes
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SBI launches Super Cricle of Excellence service
Hyderabad :: India | over 1 year ago
Credibility
State Bank of India(SBI) General Manager T S Krishnanaswamy today launched the Super Circle of Excellence (SCE), as part of a series of new initiatives in the region to counter competition from private sector and multinational banks.
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With the bull run on, drink stocks SIP by SIP
Mumbai :: India | almost 3 years ago
Credibility
Fretting about a lost opportunity as the market takes Mt 19000?...SIPs allow one to invest a fixed sum of money in the equity markets at regular intervals. So, the money gets invested at various levels of the markets and the highs and lows average
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MF ind sees folio closure of over 8 lakh A/Cs
Mumbai :: India | almost 3 years ago
Credibility
Mutual funds' worst fears about the fate of their equity schemes after capital market regulator Sebi imposed restrictions on fees to distributors last August are being realised. In the four-month period between March and July, over 2% or eight lakh
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SBI MF assets at Rs38,513 crore in July
Mumbai :: India | almost 3 years ago
Credibility
SBI Mutual Fund, one of India's largest fund houses, has witnessed an increase of over Rs4,785-crore in its average assets in July...The fund-house now ranks sixth from amongst the 43 mutual fund houses in the country and has a marketshare of 5.8% of
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