According to industry sources, 13 fund houses have obtained brand approval for their SIFs, while two AMCs are awaiting SEBI’s nod. Among the 13 approved fund houses, three AMCs — Edelweiss Mutual Fund ...

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Sundaram Alternates has appointed Karthik Athreya as Managing Director of the company. Athreya, a veteran with over 26 years of experience, has been an integral part of Sundaram Alternates, leading ...

Franklin Templeton MF will launch Franklin India Multi Factor Fund, an open-ended equity scheme following a multi-factor based quantitative investment strategy. The fund will use a data-driven, ...

PPFAS Mutual Fund has appointment Vikas Gandhi as its new Chief Financial Officer (CFO), effective November 4, 2025.

In a recent conversation with Cafemutual, Ravi Kumar Jha, Managing Director & CEO of LIC Mutual Fund AMC, shared his future plans for the fund house and discussed the outlook for the LIC MF ...

The majority of SIP AUM in direct plans has a holding period of less than one year. Industry data shows that Rs.1.05 lakh crore, or 30% of total SIP AUM in direct plans, has been active for less than ...

The Insurance Regulatory and Development Authority of India (IRDAI) has initiated the process to appoint two new whole-time members. The last date to submit applications is December 1, 2025.

Hinduja group’s IndusInd International Holdings Limited (“IIHL”), the promoter of IndusInd Bank and Invesco Ltd. (“Invesco”) have completed the formation of their asset management joint venture ...

Motilal Oswal MF recorded the second highest jump, with the share of B30 cities in its overall assets rising by about 14%, from 10.3% to 24.4%. PGIM India MF followed, recording a 13.8% increase in ...

LIC MF has launched LIC MF Consumption Fund, an open-ended fund following consumption theme. The scheme will invest in companies engaged in consumption and consumption-related sectors.

Vijya Fintech, the parent company of wealth-tech platform MIDASX, has raised Rs.12 crore in its latest funding round, bringing its total funding to Rs.27 crore from family offices and ...