MUMBAI, July 4 (Reuters) - Indian mutual fund firm Principal PNB Asset Management on Friday launched a close-end fixed income fund with a maturity of 385 days, it said in a statement. Principal Pnb ...

The investment seeks a total return consisting of long-term growth of capital and current income. The fund operates as a “target date fund” that invests according to an asset allocation strategy ...

Two mutual funds that offer set payouts and principal guarantees have been launched, with more expected, but financial advisers think the guarantee is flimsy. DWS Scudder, the U.S. retail division of ...

The initiative will reduce unclaimed assets in the Indian securities market and enhance investor protection. DigiLocker users can now fetch and store their statement of holdings for shares and mutual ...