Articles in “History” category
18 articles.
2026 (18)
- History of Mutual Funds in India (1963 to 2026)
A comprehensive history of mutual funds in India from the establishment of UTI in 1963 through liberalisation, private-sector entry, the regulatory overhaul of …
- Bandhan Group acquisition of IDFC Mutual Fund (2022)
The 2022 acquisition of IDFC Asset Management Company by Bandhan Financial Holdings transferred a mid-sized fund house from the IDFC banking group to the …
- DHFL default impact on credit-risk funds
The 2019 default by Dewan Housing Finance Corporation caused material NAV write-downs across Indian credit-risk mutual fund schemes, accelerating a …
- Franklin Templeton six-scheme winding-up (April 2020)
In April 2020 Franklin Templeton Mutual Fund abruptly wound up six debt schemes with Rs 25,000 crore AUM, triggering India's largest open-end fund closure and …
- HDFC AMC IPO (2018)
The July 2018 IPO of HDFC Asset Management Company was India's first listing of a major asset management company, raising Rs 2,800 crore and establishing …
- HSBC acquisition of L&T Mutual Fund (2022)
HSBC Asset Management India's acquisition of L&T Investment Management in 2022 brought a top-ten Indian AMC under HSBC control and expanded the global bank's …
- IL&FS default impact on debt funds (2018)
The September 2018 default by Infrastructure Leasing and Financial Services on commercial paper obligations triggered a system-wide credit freeze for NBFCs and …
- JP Morgan India Amtek Auto incident (2015)
In August 2015 JP Morgan Asset Management India suspended redemptions from two debt schemes after Amtek Auto's bond rating collapsed, marking the first gating …
- Karvy Stock Broking pledge-misuse case (2019) and RTA implications
The 2019 Karvy Stock Broking fraud, in which client securities were pledged without authorisation to raise broker funds, exposed gaps in depository oversight …
- NAV cut-off time reform for mutual funds (1 February 2021)
SEBI's reform effective 1 February 2021 changed the NAV allotment rule for all mutual fund schemes to require actual realisation of investor funds before the …
- Nifty BeES, India's first exchange-traded fund (2001)
Nifty BeES, launched by Benchmark Mutual Fund on 28 December 2001, was India's first exchange-traded fund and the first ETF in Asia to track a broad equity …
- Nippon Life acquisition of Reliance Mutual Fund (2019)
Nippon Life Insurance's acquisition of a controlling 75 percent stake in Reliance Nippon Life Asset Management in 2019 rebranded one of India's largest AMCs and …
- SEBI multi-cap reclassification circular (September 2020)
SEBI's circular of 11 September 2020 mandated that multi-cap mutual fund schemes allocate minimum 25 percent each to large-cap, mid-cap, and small-cap stocks, …
- Side-pocketing introduction in Indian mutual funds (2018)
SEBI's circular of 28 December 2018 introduced the segregated portfolio (side-pocketing) mechanism for Indian mutual funds, allowing AMCs to ring-fence …
- Sundaram acquisition of Principal Mutual Fund (2021)
Sundaram Asset Management Company's acquisition of Principal Asset Management India in 2021 consolidated Principal's approximately Rs 6,800 crore AUM into …
- UTI Master Index Fund (1998), India's first index fund
UTI Master Index Fund, launched in 1998, was the first passive index-tracking mutual fund in India, predating the Nifty BeES ETF by three years and establishing …
- UTI Mutual Fund IPO (2020)
UTI Asset Management Company's October 2020 IPO was the first listing of a major Indian AMC after the HDFC AMC IPO of 2018, valuing the country's oldest asset …
- UTI US-64 crisis (2001)
The UTI US-64 crisis of 2001 was India's largest mutual fund collapse, forcing a government bailout, scheme restructuring, and the eventual dissolution of Unit …