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ICICI Pru Bharat 22 ETF AOP opens on February 14

Wednesday, February 13, 2019, 7:39 AM

ICICI Prudential Mutual Fund has announced the AOP of ICICI Pru MF Bharat 22 ETF. This AOP is a-part-of Government of India's overall disinvestment program announced earlier by DIPAM, Ministry of Finance, using the ETF route. ICICI Prudential AMC has proposed to raise upto Rs.3,500Cr in this AOP plus an additional amount as notified by AMC, as-per-instructions of GOI to be raised from AOP.
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Mutual funds collect Rs 8,064 crore via SIP in January

Tuesday, February 12, 2019, 7:40 AM

The mutual fund industry added assets worth Rs 65,439 crore in January 2019, taking total assets under management to Rs 23.37 lakh crore. Categories such as income, liquid and equity funds saw positive inflows, while balanced and gilt funds saw outflows. Retail investors continued to use mutual funds to help meet long-term life goals.
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WB received Rs.2.84L crore biz proposals from summit: Mamata Banerjee

Saturday, February 9, 2019, 5:50 PM

The fifth edition of 'Bengal Global Business Summit' has generated investment proposals of Rs.2.84 lakh crore, CM Mamata Banerjee said. Terming the state's showpiece annual industry event as a "remarkable success", Banerjee said that West Bengal was the safest and warmest place to invest in the country. "The outcome is fantastic. This is reflected by the amount of investment proposals we received," she said.

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