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| NAVs soar led by market recovery |
 Equity funds for the second consecutive session ended in a positive terrain led by market rebound. Meanwhile Debt funds continue to deliver positive returns on account of RBI’s OMO purchases. |
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| IRDA's lens on high NAV products |
 'Highest NAV guaranteed products' are the latest controversy to have hit the insurance industry. The Rs 5,000 crore segment is facing regulatory ire with the IRDA looking to ban the products. |
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| MFs AUM shrink further, but don't blame the entry load ban |
 Assets under management by Indian mutual fund houses breached the Rs 6 lakh crore mark in March 2012 on the downside, plunging to Rs 5,87,217 crore, while investor folios registered a decline of 7.2 lakh over the September 2011 -March 2012 period, according to data released by the Association of Mutual Funds in India. |
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| NAVs advances as markets ends flat |
 Equity funds took a breather and managed to end in a green zone amid volatile markets. Meanwhile Debt funds continued to deliver good performance |
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| NAVs collapsed as markets succumb under selling pressure |
 As market fell and recorded its lowest in four months, all equities including the sectoral categories and Balanced funds succumb under market pressure recording no gainers. Meanwhile Debt funds recorded good performance with just few declines. |
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| NAVs advanced as markets snaps 5-day losing streak |
 Equity funds finally broke its losing spell after a gap of 5 sessions. The session ended with BSE gaining 112.41 points or 0.69%, to close at 16,328.25 while NSE went up 0.71% or 35 points to 4,942.80. |
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| NAVs slips led by weak global and local cues |
 Equity funds yet again ended in a red zone for the fifth consecutive session led by weak market condition. The session ended with BSE losing 77.14 points or 0.47% at 16,215.84 while NSE was down by 21.10 points which close at 4,907.80. |
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| NAVs slumped as markets ends lower |
| The downfall in the equity segment continued on account of weak market condition. The trading session ended with BSE benchmark falling 127.07 points or 0.77% at 16,292.98 and the NSE at 4,928.90 down by 36.80 points or 0.74%.
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David Pezarkar, Head - Equity, Daiwa Mutual Fund is overweight on IT space.
Competition watchdog CCI has approved the proposal of Japanese major Nippon Life to acquire 26% stake in Reliance Capital's mutual fund arm RCAML.
IDFC Mutual Fund declares dividend under various options of IDFC Asset Allocation Fund of Fund and IDFC Arbitrage Plus Fund, the record date for which has been fixed on May 21 2012.
Canara Robeco Mutual Fund has announced to revise exit load under Canara Robeco Income and Canara Robeco Short Term Fund effective May 14, 2012.
Franklin Templeton Mutual Fund declares dividend under Franklin Templeton India Balanced Fund, the record date for which has been fixed on May 18, 2012.