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Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms

The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…

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2 mins read

Top stocks to watch— Infosys, Central Bank of India, DHFL, Anuh Pharma, Shalby, Balaji Telefilms and others

Amid the positive cues from the global market, the Indian stock market is likely to open higher. At…

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Tepid debut for UTI AMC—shares list at 12% discount over the issue price

It was a tepid debut for the ₹2,160 crore IPO of the mutual fund manager, UTI Asset Management Comp…

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UTI AMC’s ₹2,160 crore IPO opens today — Here’s all you need to know

The Mutual Fund manager, UTI Asset Management Company, is set to float its ₹2,160 crore IPO in the …

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Mazagon Dock IPO shines while UTI AMC and Likhitha Infrastructure clock in a tepid response from investors

The Initial Public Offerings (IPO) for Mazagon Dock Shipbuilders, UTI Asset Management, and Likhith…

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Top stocks to watch — Vedanta, Wipro, RITES, Mazagon Dock, UTI AMC, Glenmark Pharma, and others

Amidst positive cues from the Asian markets, the Indian stock market is likely to open in green. Th…

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Top stocks to watch— Future Retail, HDFC, Indiabulls Housing, Vodafone Idea, PVR, Welspun Corp and others

Amid the mixed cues from the global market, the Indian stock market is likely to open on a cautious…

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1 min read

Shares of Aditya Birla Sun Life AMC sees a tepid listing, opens at 2% premium

Shares of Aditya Birla Sun Life AMC IPO made a weak listing on stock exchanges as it debuted with 2…

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4 mins read

Tax hit on debt funds is just the latest punch to reeling mutual fund companies

The latest hurdle that shook the mutual fund companies was an amendment in the Finance Bill that pr…

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3 mins read

Aditya Birla Sun Life AMC’s ₹2768 crore IPO will open on September 29

The mutual fund company will be the fourth fund house to get listed on exchanges. So far, HDFC A…

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2 mins read

Aditya Birla Sun Life AMC IPO likely to open next week with a ₹3,000 crore issue size

Initial public offering (IPO) of Aditya Birla Sun Life AMC may open in the last week of September w…

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4 mins read

Mazagon Dock, UTI AMC and Likhitha Infrastructure IPOs open today

The IPOs for Mazagon Dock Shipbuilders, UTI Asset Management, and Likhitha Infrastructure Limited a…

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4 mins read

Three more IPOs to hit the Indian market next week — Mazagon Dock Shipbuilders, UTI AMC and Likhitha Infrastructure

After five successful fundraisings in the past one month, the IPO bonanza continues with more compa…

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3 mins read

Aditya Birla AMC IPO’s grey market premium stands at ₹70 per share; up 10% from issue price band

The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening on Wednesday, September 2…

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2 mins read

The IPO from India's largest asset management company UTI AMC is ready to hit the street

The public offer is expected to raise a little over Rs 3,000 crore, market sources said. …

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UTI AMC files IPO papers to raise about Rs 3,000 cr

New Delhi, Dec 19 () UTI AMC has filed its initial papers with markets regulator Sebi for initial p…

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Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10 pc in UTI AMC by Dec 2020

New Delhi, Dec 6 () Markets regulator Sebi on Friday directed three public sector financial institu…

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3 mins read

Aditya Birla Sun Life AMC IPO opens today, analysts bet high on the growing mutual fund industry

The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening today, September 29, and …

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2 mins read

Finance Ministry thinks SBI, PNB, Bank of Baroda are planning to exit UTI MF, but SBI has no clue about it

Earlier, the Finance Ministry had asked state-run banks to look at divesting their noncore assets i…

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Top stock movers —ITC, Future Retail, Vedanta, Wipro, Premier Explosives, Shilpa Medicare and more

Indian stock market indices Sensex rallied nearly 400 points in opening trade on Monday, led by gai…