Complete List of Top Mutual Fund Companies in India
Here are some of the top mutual funds in India that are listed below :
- Reliance Mutual Fund
- The DSP ML Tiger Fund
- SBI Magnum Contra Fund
- HDFC Equity Fund
- Prudential ICICI Dynamic Fund
- SBI Mutual Fund
Complete List of Mutual Fund Companies in India
Some of the popular firms that deal in mutual funds in India are:
- Reliance Mutual Funds
- HDFC
- ABN Amro
- AIG
- Bank of Baroda
- Canara Bank
- Birla Sun Life
- DSP Merrill Lynch
- DBS Chola Mandalam AMC
- Escorts Mutual
- Deutsche Bank
- ING
- HSBC
- ICICI Prudential
- LIC
- JP Morgan
- Kotak Mahindra
- Lotus India
- JM Financial
- Morgan Stanley
- State Bank of India (SBI)
- Sahara Mutual Funds
- Sundaram BNP Paribas
- Taurus Mutual Funds
- Tata
- UTI
- Standard Chartered
Dividend for Tata Equity Management by Tata Mutual Fund
Tata Mutual Fund has declared dividend under its scheme Tata Equity Management Fund. The dividend declared is 10 per cent, that is, Rs.1 per unit on face value of Rs. 10. The record date decided for distribution of dividend is 24th September, 2010. Tata Equity Management Fund is an open ended equity fund. The primary objective of the scheme seek to generate capital appreciation and provide long term growth opportunities by investing in a portfolio constituted of equity and equity related instruments and the secondary objective is to generate consistent returns by investing in debt and money market securities.
Religare Mid Cap Fund announces maiden dividend under its scheme
Religare Mutual Fund has declared maiden dividend under its scheme Religare Mid Cap Fund. The amount of dividend declared under the scheme is 27 per cent that is Rs. 2.70 per unit on the face value of Rs. 10 per unit. The record decided for distribution of dividend is 24th September, 2010. Religare Mid Cap Fund is an open ended equity scheme. The investment objective is to provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of mid cap companies.
Reliance Mutual Fund launches Reliance Arbitrage Advantage Fund
Reliance Mutual Fund has launched a new open ended arbitrage fund, namely Reliance Arbitrage Advantage Fund. The new fund offer period for the scheme would be from 24th September, 2010 to 8th October, 2010. The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments. The minimum application amount will be Rs. 5000 and in multiples of Re.1 thereafter. The scheme will charge an exit load of 1 per cent, if the investments are redeemed or switched on or before 12 months, from the date of allotment. The exit load will be nil thereafter. The scheme will be benchmarked against Crisil Liquid Fund Index and will be managed by Mr. Krishna Daga.