UTI mutual fund is one of the few fund houses that has managed to give good returns in a lacklustre market. The fund has topped Crisil’s quarterly ranking for mutual funds with seven of the schemes in the top cluster for the quarter ended March 2013

The IDR is trading at a discount to its London price in the Indian markets. Several Indian investors have been waiting to cash in on the arbitrage opportunity

Akshaye Tritiya on Monday was a big day for Gold ETFs (exchange traded funds). Goldman Sach’s GoldBees, the biggest of them, notched up a turnover of Rs 525 crore. The ETF price fell by 1.15% to Rs 2,560. The average daily turnover for the fund is around 13 crore.

There is a belief that goings on at IEP are because of it could not raise its second fund of $500 million. And the reason they could not raise the second fund is because they haven’t made good returns. Both reasons are false. IEP has already raised $100 million. They have had 3 exits till date. IEP has made 6.5 times the invested capital in Manappuram Finance and 3 times their money from exits in Bajaj Auto and Ikya, which is an HR outsourcing company.

State Bank of India’s move to launch fixed deposits with a maturity of just three days is likely to lure away part of the surplus cash of corporates that usually ended up with mutual funds. The country’s biggest bank has not yet revealed the interest rate it would offer on these ultra-short FDs but some expect it to be in the range of 4-4.5%.

A part of this slowdown of opportunities for large funds, can be attributed to the fact that big infrastructure like power, roads, ports have been hit by the lack of policy clarity.

It has been almost a year, and we decided to look at the performance of our portfolios to see if they have performed to our expectation. The simple answer is yes. The CPP has given a return of 21 percent and the CCCP portfolio has returned 27 percent over the past one year

Ajit Dayal, Chairman, Quantum mutual fund has very strong opinions about the way mutual funds are sold in India. He did an email interview with Forbes India about the new SEBI guidelines for the mutual fund industry and also about Quantum Long Term Equity fund, his flagship equity fund which has the lowest expense ratio amongst all actively managed funds.

Friday’s freak trade by a young trader at Emkay Global sparked off a steep fall in Nifty, causing it to crash by 900 points. Newspapers all over have been reporting …

Instead, the market seems increasingly designed to benefit extremely short-term investors—we’re talking fractions of a second—which by necessity eats away at the gains of others. Short-term, high-frequency firms are scalping off billions in profits every year. That money isn’t coming out of thin air.