Mutual Fund, Diwali offers: India is a land of many traditions and festivals, where people celebrate festivals with great pomp to keep their relationships strong and vibrant. The Mutual Fund segment as an investment arena has seen a great rally in the past 1.5 years and Nippon India Mutual Fund is one such product that has been giving great offerings …
Mutual fund schemes, which had segregated their Vodafone Idea Ltd exposure in side pockets, on Friday breathed a sigh of relief as they received both principal and interest payments from the debt ridden telecom firm. While the side pockets of Franklin Templeton India schemes have received ₹1252 crore, UTI Mutual Fund has received ₹166 crore and Nippon India Mutual Fund …
Nippon India Mutual Fund on Friday said it has marked down the value of its investments to zero in bonds issued by troubled private sector lender Yes Bank. "Perpetual bonds of Yes Bank in the schemes of Nippon India MF have been marked down to zero," the fund house said. Nippon India Mutual Fund said it will review this decision …