NAVs soared high owing inflow of foreign money
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 The market closed the week with a flourish. The rupee rally and inflow of foreign money led the Sensex to shoot up by 0.99% or 173.11 points to close at 173.11 points while NSE benchmark closed up 55.95 points or 1.06% at 5,325.85.
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IDFC MF announces dividends under various schemes
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 IDFC Mutual Fund has announced dividend under the dividend option of IDFC Asset Allocation Fund of Fund and IDFC Arbitrage Plus Fund, for which the record date has been fixed as February 8, 2012.
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IDFC MF revise exit load for Super Saver Income-Medium Term
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IDFC Mutual Fund to Revise Exit Load Structure for Super Saver Income Fund - Medium Term
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IDFC MF introduced periodic dividend option
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IDFC Mutual Fund Introduces Periodic Dividend Option under IDFC Money Manager Fund - Investment Plan - Plan B.
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Tata Tax Saving Fund declares dividend
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 Tata Tax Saving Fund has announced a dividend for which the record date has been fixed as February 8, 2012.
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NAVs surged as market continues with its uptrend
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 Equity funds yet again surged owing to positive global and domestic cues. The Sensex rose 131.27 points or 0.76%, to close at 17,431.85 while the Nifty went up 34.20 points or 0.65%, to end at 5,269.90 after hitting an intraday low of 5,225.75.
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ICICI announces change in fund manager in various schemes
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 ICICI Mutual Fund has announced change in Funds Manager under various schemes.
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Equity funds post best monthly return since May 2009
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 Diversified stock funds posted their best monthly return in nearly three years in January as a sharp rise in key stock prices and exposure to sectors such as financial services pushed up net asset values.
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Fidelity's exit is a thumbs down to India and MF business
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 The exit plans of Fidelity poses two questions: a) Is India relevant for big fund managers? and b) is the mutual fund industry in India not an attractive enough business proposition?
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NAVs advanced as market ends higher
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 The market retained its up move showing a strong follow-up to the January rally. Equity benchmarks closed at nearly two-month high. The Sensex rose 107.03 points, to close at 17,300.58 while Nifty was up by 36.45 points to 5,235.70.
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Blow for liquid schemes: Stricter Sebi norms
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 In a bid to reduce systemic risk, Sebi has tightened the valuation norms for such funds. But it seems the new Sebi mandate could also end up restricting companies from parking their surplus funds in liquid schemes, report Mitra Joshi and Archana Shukla of CNBC-TV18.
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Mirae MF introduces various facilities for its investors
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 Mirae Asset Global Investments (India) Pvt. Ltd. has introduced three new facilities to further enhance the transaction related experience of its investors.
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Proposal to introduce more equity products:IDBI AMC
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 Asset management company, IDBI Mutual Fund has proposed to introduce more equity products in the coming months, a senior official said today.
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NAVs surged led positive market rally
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 The market soared high in previous trading session led by highest monthly inflow of foreign money since November 2010. The Sensex rose 330.25 points or 1.96%, to close at 17,193.55 and the Nifty moved up 111.95 points or 2.20%, to end at 5,199.25.
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SBI MF launches SBI Debt Fund Series - 367 Days - 15
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 SBI Mutual Fund has launched a new closed ended debt scheme SBI Debt Fund Series 367 Days 15 with the duration of 367 days. The New Fund Offer (NFO) opens for subscription on February 2, 2012 and closes on February 6, 2012.
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