JM Mutual assets grow 121 pc
Mumbai: The latest annual growth figures recorded by mutual funds make interesting reading, given the fact that some of the smaller players have posted major increases in their assets.JM's market share during these two periods was 2.09 per cent and 3.57 per cent respectively. JM's total assets under management (AUM), however, are still relatively on the low side — a little less than Rs 3,000 crore at the moment.
Back to News Review index page  

US-64: Retiring in style!
Mumbai: Despite the rude shock of 2001the investors of Unit Scheme 1964 (US-64), are gearing for a secure landing on May 31, this year, when the country's oldest and biggest mutual fund scheme closes shop. In fact, they go home with a final round of pampering that is more in the style of US-64 in its heydays
Back to News Review index page  

Special margin on 37 scrips
Chennai: The Bombay Stock Exchange has imposed a special margin on 37 stocks from Tuesday. The scrips which attracted 25 per cent margin included Addi Industries, Ambica Agarbathies, Anil Pesticides, Artillegence, Arvind Remedies, Asian Star, Baffin Engineer, Balmar Lawrie, Brijlaxmi Leasing, Database Fin, Electrosteel, Eltrol, ETC Networks, Godavari Fert, Granules, Ind-Swift, IT Microsys, K Sera Sera, Media Matrix, Pan Packaging, Praj Inds, Rashel Agro, &T Intl, Sahara Media, Veronica Lab, Vimta Labs, Vorin Labs and Zigma Soft.
Back to News Review index page