Category Archives: Mutual Funds

Bandhan will buy IDFC Mutual Fund

Bonding Financial HoldingsLtd., GIC and CriskPittle Group will buy IDFC Asset Management Company and IDFC AMC Trustee Company for Rs 4,500 crore. IDFC Ltd said it had entered into an agreement with Bandhan June for the deal. Indian This is considered to be the most valuable acquisition in the asset management industry. Bonding Financial HoldingsLtd.… Read More »

How are mutual funds useful for investing in foreign securities

SEBI has recently issued a circular raising the limit for mutual funds to invest in foreign stocks. The amendment raises the limit on investing in foreign stocks for the entire mutual fund industry. However, the question here is whether it was necessary to do so? The last few years have seen an increase in interest… Read More »