Following Zee promoter group company Adilink Infra & Multitrading’s default to bondholders this week, Aditya Birla Sun Life AMC has created segregated portfolios in three schemes
The developments at Indiabulls Housing Finance and the consequent fall in share prices will have implications for about Rs 4,300 crore exposure the debt MFs have against the HFC
Tata MF schemes have earlier opted for side pocket after being stuck with DHFL papers
Thematic funds deliver returns usually when the fund manager is able to catch the theme at the start of an upcycle. Hence, timing matters
Attracts investors from 241 locations with 42% applications from B30 cities
This is the fourth fund being launched in this category, the other three funds being offered by SBI Mutual Fund, UTI Mutual Fund and ICICI Prudential Mutual Fund
The minimum investment amount for ICICI Prudential Savings Fund, Balanced Advantage Fund, Focused Bluechip Equity and Regular Savings has been cut
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