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    <title><![CDATA[Markets & Investing -> Mutual Funds]]></title>
    <link>http://www.business-standard.com/</link>
    <description>The latest news from India's most respected business daily.</description>
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    <item>
      <title><![CDATA[Equity MFs may have fared better in April]]></title>
      <description><![CDATA[It is likely India&#39;s equity mutual fund sector recorded a good performance in April, thanks to a decline in redemption requests and better inflows.]]></description>
      <link>http://www.business-standard.com/india/news/equity-mfs-may-have-fared-better-in-april/515278/</link>
      <pubDate>Mon, 06 May 2013 22:46:00 +0530</pubDate>
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      <title><![CDATA[Mutual funds assets from smaller cities rise]]></title>
      <description><![CDATA[The measures taken by the capital markets regulator Securities and Exchange Board of India (Sebi) last year to push sales of mutual fund products in smaller towns and cities seem to be showing positive signals now.]]></description>
      <link>http://www.business-standard.com/india/news/mutual-funds\-assetssmaller-cities-rise/514472/</link>
      <pubDate>Tue, 30 Apr 2013 22:49:00 +0530</pubDate>
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      <title><![CDATA[More MF schemes to be merged as tax comes down]]></title>
      <description><![CDATA[Mutual funds are awaiting the reduction in securities transaction tax (STT) to merge more of their schemes in the current financial year.]]></description>
      <link>http://www.business-standard.com/india/news/more-mf-schemes-to-be-merged-as-tax-comes-down/511516/</link>
      <pubDate>Thu, 11 Apr 2013 22:49:00 +0530</pubDate>
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      <title><![CDATA[More MFs aim to tap Japanese investors]]></title>
      <description><![CDATA[Debt instruments with high interest rates, favourable currency movements have attracted investors from that countryA number of Indian asset management companies (AMCs) are looking to tap Japanese investors for fund flows, on the back of lower interest rates in the country and favourable currency movements.]]></description>
      <link>http://www.business-standard.com/india/news/more-mfs-aim-to-tap-japanese-investors/511518/</link>
      <pubDate>Thu, 11 Apr 2013 22:48:00 +0530</pubDate>
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      <title><![CDATA[MF equity new fund offers hit 11-year low]]></title>
      <description><![CDATA[New fund offers (NFOs) of diversified equity mutual fund schemes have fallen to an eleven-year low.]]></description>
      <link>http://www.business-standard.com/india/news/mf-equity-new-fund-offers-hit-11-year-low/509530/</link>
      <pubDate>Mon, 01 Apr 2013 22:48:00 +0530</pubDate>
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      <title><![CDATA[Equity funds trim positions in bank stocks]]></title>
      <description><![CDATA[India&#39;s equity mutual fund managers seem to be reversing their recent buying spree in banks.]]></description>
      <link>http://www.business-standard.com/india/news/equity-funds-trim-positions-in-bank-stocks/508962/</link>
      <pubDate>Thu, 28 Mar 2013 22:42:00 +0530</pubDate>
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      <title><![CDATA[Budget holds out little cheer for MF industry]]></title>
      <description><![CDATA[Finance Minister P Chidambaram relaxed the eligibility for first-time investors to invest in the tax-saving Rajiv Gandhi Equity Savings Scheme (RGESS), but the steps fell short of the mutual fund (MF) industry&#39;s expectations.]]></description>
      <link>http://www.business-standard.com/india/news/budget-holds-out-little-cheer-for-mf-industry/504528/</link>
      <pubDate>Fri, 01 Mar 2013 00:34:00 +0530</pubDate>
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      <title><![CDATA[Amfi defends 6%  commission for RGESS agents]]></title>
      <description><![CDATA[Mutual fund industry body Association of Mutual Funds in India (Amfi), in a letter to mutual fund houses recently said payment of six per cent commission to agents of the Rajiv Gandhi Equity Savings Scheme (RGESS) is not &quot;extraordinary&quot;.]]></description>
      <link>http://www.business-standard.com/india/news/amfi-defends-6commission-for-rgess-agents/504040/</link>
      <pubDate>Tue, 26 Feb 2013 00:45:00 +0530</pubDate>
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      <title><![CDATA[Funds seek open-ended status for RGESS]]></title>
      <description><![CDATA[The Rajiv Gandhi Equity Savings Scheme (RGESS), the new tax-saving mutual fund product, could become open-ended and eligibility to invest in these could be relaxed if the finance ministry accepts the sector&rsquo;s suggestions.]]></description>
      <link>http://www.business-standard.com/india/news/funds-seek-open-ended-status-for-rgess/502045/</link>
      <pubDate>Tue, 12 Feb 2013 00:39:00 +0530</pubDate>
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      <title><![CDATA[Gilt assets jump 10 times in first 3 quarters of FY13]]></title>
      <description><![CDATA[Gilt funds, which primarily invest in government securities (G-Secs), have emerged as a hot favourite among investors so far this financial year.]]></description>
      <link>http://www.business-standard.com/india/news/gilt-assets-jump-10-times-in-first-3-quartersfy13/500995/</link>
      <pubDate>Tue, 05 Feb 2013 00:46:00 +0530</pubDate>
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      <title><![CDATA[Equity mutual funds exposure in banks up 200 bps in Q3]]></title>
      <description><![CDATA[Equity mutual fund managers are banking heavily on bank counters.]]></description>
      <link>http://www.business-standard.com/india/news/equity-mutual-funds\-exposure-in-banks200-bps-in-q3/500628/</link>
      <pubDate>Fri, 01 Feb 2013 00:02:00 +0530</pubDate>
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      <title><![CDATA[Mutual fund assets overwhelming share from top cities continues to rise]]></title>
      <description><![CDATA[Despite being allowed to charge extra fees in order to bring more assets from smaller towns and cities, the dependence of mutual fund (MF) houses on top cities to mop up funds, continues.]]></description>
      <link>http://www.business-standard.com/india/news/mutual-fund-assets\-overwhelming-sharetop-cities-continues-to-rise/500413/</link>
      <pubDate>Wed, 30 Jan 2013 00:42:00 +0530</pubDate>
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      <title><![CDATA[MF institutional distributors feel direct plan pinch]]></title>
      <description><![CDATA[Mutual fund distributors servicing institutions are a worried lot as companies and banks are increasingly sidestepping these intermediaries while parking their idle cash in short-term debt schemes.]]></description>
      <link>http://www.business-standard.com/india/news/mf-institutional-distributors-feel-direct-plan-pinch/500128/</link>
      <pubDate>Mon, 28 Jan 2013 00:27:00 +0530</pubDate>
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      <title><![CDATA[Fund houses expect reform measures to continue in FY14]]></title>
      <description><![CDATA[India&rsquo;s mutual fund sector, which saw an action-packed year in 2012, expects the government to continue with its reform measures for the sector.]]></description>
      <link>http://www.business-standard.com/india/news/fund-houses-expect-reform-measures-to-continue-in-fy14/500014/</link>
      <pubDate>Sat, 26 Jan 2013 00:44:00 +0530</pubDate>
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    <item>
      <title><![CDATA[42 Asian equity funds among worlds top 100 in 2012 Lipper]]></title>
      <description><![CDATA[Forty-two mutual funds investing in Asia stormed into the list of the world's top 100 best performing equity funds in 2012, as regional markets from India to Southeast Asia rallied.]]></description>
      <link>http://www.business-standard.com/india/news/42-asian-equity-funds-among-world\s-top-100-in-2012-lipper/499392/</link>
      <pubDate>Sun, 20 Jan 2013 00:30:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Amfi waives fees for new distributor registrations]]></title>
      <description><![CDATA[Come February 1, individuals who want to register with Amfi to be an MF distributor would not have to pay Rs 3,000 as fees.]]></description>
      <link>http://www.business-standard.com/india/news/amfi-waives-fees-for-new-distributor-registrations/499026/</link>
      <pubDate>Thu, 17 Jan 2013 00:42:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Local MFs outpace foreign players in asset growth]]></title>
      <description><![CDATA[Domestic mutual fund houses are back with a bang.]]></description>
      <link>http://www.business-standard.com/india/news/local-mfs-outpace-foreign-players-in-asset-growth/498941/</link>
      <pubDate>Wed, 16 Jan 2013 00:53:00 +0530</pubDate>
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      <title><![CDATA[Fresh purchases of equity schemes hit 9-month high]]></title>
      <description><![CDATA[India&rsquo;s mutual fund sector may have seen its largest erosion in equity investor base in December and failed to stop redemptions from its equity schemes; but there is a positive development knocking on the fund houses&rsquo; doors.]]></description>
      <link>http://www.business-standard.com/india/news/fresh-purchasesequity-schemes-hit-9-month-high/498455/</link>
      <pubDate>Fri, 11 Jan 2013 00:25:00 +0530</pubDate>
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      <title><![CDATA[MFs lose 6 lakh equity accounts in Dec]]></title>
      <description><![CDATA[Retail investors accessing equity markets through mutual funds are busy booking profits as benchmark indices near their previous peaks.]]></description>
      <link>http://www.business-standard.com/india/news/mfs-lose-6-lakh-equity-accounts-in-dec/498329/</link>
      <pubDate>Thu, 10 Jan 2013 00:49:00 +0530</pubDate>
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      <title><![CDATA[Mutual funds give cold shoulder to RGESS]]></title>
      <description><![CDATA[Over a month after the final guidelines were issued by the Securities and Exchange Board of India (Sebi), not many mutual funds seem keen to launch the Rajiv Gandhi Equity Savings Scheme (RGESS).]]></description>
      <link>http://www.business-standard.com/india/news/mutual-funds-give-cold-shoulder-to-rgess/498188/</link>
      <pubDate>Wed, 09 Jan 2013 00:57:00 +0530</pubDate>
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      <title><![CDATA[MFs assets up 5.3% in Oct-Dec, highest since September 2010]]></title>
      <description><![CDATA[Average assets under management (AUM) of India&rsquo;s mutual fund industry have risen to its highest since September 2010.]]></description>
      <link>http://www.business-standard.com/india/news/mfs\-assets53-in-oct-dec-highest-since-september-2010/498041/</link>
      <pubDate>Tue, 08 Jan 2013 00:47:00 +0530</pubDate>
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      <title><![CDATA[Goldman Sachs MF scraps arbitrage schemes]]></title>
      <description><![CDATA[The Indian arm of Goldman Sachs Asset Management has emerged as the first local mutual fund to succumb to the depleting arbitrage opportunities in the stock market.]]></description>
      <link>http://www.business-standard.com/india/news/goldman-sachs-mf-scraps-arbitrage-schemes/497678/</link>
      <pubDate>Fri, 04 Jan 2013 00:45:00 +0530</pubDate>
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      <title><![CDATA[Mutual funds remained heavy net sellers of equities in December]]></title>
      <description><![CDATA[All&rsquo;s well that ends well, so goes the adage.]]></description>
      <link>http://www.business-standard.com/india/news/mutual-funds-remained-heavy-net-sellersequities-in-december/497641/</link>
      <pubDate>Fri, 04 Jan 2013 00:40:00 +0530</pubDate>
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