The Hindu Business Line : Monday, July 11, 2005

No active following for passively managed funds
IF you are an investor in mutual funds in India, chances are you have not invested in index funds at all. Instead, you would have applied your mind solely to diversified equity funds, ones that aim at outperforming their benchmarks and not mirror ... More

STOCK MARKETS

Actis raising $400 m for investments in India
BULLISH about the Indian market, UK-based private equity investor Actis is in the process of raising new money in excess of $400 million for investments in the country. The firm is raising the money in two different funds. While the Actis ... More

Be careful what you set your heart upon
Jogin was still recovering from the repeated visuals on the BBC, and Dakshinamoorthy thought he could almost hear the ‘bugle’ on ‘ideological erosion’. Sridevi was trying to understand the Dabhol matter. But Khan pulled them all in for the weekly ... More

ICICI Bank, VSNL hit 52-week high
BRAVING the terrorist attack in London and the surging oil price, the US benchmarks scored handsome gains on the back of positive reports such as growth in employment, factory orders and the services industry. The S&P-500 advanced 1.5 per cent .. More

Hurricane may cloud sentiment!
This week, if the market goes in for a correction in the benchmark indices, downside, however, seems limited. More

INTERVIEW

`Level field on tax front will be of immense help'
THE business of PMS (portfolio management services) is set to undergo major changes. "The market will have an appetite for structured products and more," says Mr Shahzad Madon, Senior V-P and Head - PMS, Prudential ICICI MF in an interview ... More

NEW PRODUCTS & SERVICES

BSE launches `mobile' trading
THE Bombay Stock Exchange (BSE) commemorated its 131st Foundation Day by reliving the traditional way of trading. But in-step with technological advancements, the Asia's oldest stock exchange unveiled a new product on the occasion to help ... More

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No active following for passively managed funds

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