Acquisition Awaited

On May 22, 2013 HDFC Mutual Fund bought 43,15,566 shares of Praj Industries at Rs 37.75. In the previous trading session, the share closed at Rs 38.20, up Rs 1.05, or 2.83 percent.

HDFC Mutual Fund introduces New Fund Offer (NFO) of HDFC FMP 405D April 2013 (1), a close ended income scheme. The NFO opens for subscription on April 17, 2013 and closes on April 23, 2013. The minimum subscription amount is Rs. 5,000. The scheme's ...

HDFC Mutual Fund has launched a new plan named as HDFC Fixed Maturity Plan 366D May 2013 (1), a plan under HDFC Fixed Maturity Plans - Series 26 (a close-ended income scheme). The face value of the new issue will be Rs 10 per unit. The new issue ...

A close ended income scheme HDFC Mutual Fund files offer document with Sebi to launch HDFC Fixed Maturity Plans-Series 27, a close ended income scheme. The New Fund Offer price is Rs 10 per unit. Investment Objective: The investment objective of the ...

HDFC Mutual Fund has sold 2.05 per cent stake in engineering conglomerate Punj Lloyd for about Rs 34.43 crore in last two months through open market sales. In a filing to the BSE, HDFC Mutual Fund disclosed that four of its funds HDFC Top 200 Fund, HDFC ...

The Mumbai-based AMC reported a profit after tax of Rs. 3.19 billion for FY12-13 against Rs. 2.69 billion in the previous year Private player HDFC Asset Management Company on Tuesday announced its results for the financial year ended 31 March 2013.

Union KBC Mutual Fund has announced the change in minimum period for Systematic transfer plan (STP) and systematic withdrawal plan (SWP) for all open-ended schemes, with effect from 17 June 2013. According the revised minimum period for STP or SWP ...

According to Shobhit Mehrotra of HDFC Mutual Fund , a 25 basis-point cut appears to be a given, but the market would be looking at the guidance to get some sense on how many rate cuts to expect throughout the fiscal. Leif Eskesen of HSBC, sentiment ...

Funds in the hybrid domain were also in line with market performance and closed in red. The market session closed Sensex at 19223.28 down 102.59 points and Nifty slipped 36.45 points to 5813.60. In the Fixed Income space, all the funds except Debt ...