The Hindu Business Line : Monday, May 10, 2004

MUTUAL FUNDS
`Indian MFs post robust growth; touch Rs 1,40,000 cr'
INDIAN mutual funds posted a phenomenal growth last year mainly due to strong fundamentals in the Indian economy, prompting a leading Indian firm to launch a new equity fund shortly. Mr T.P. Raman, Managing Director, Sundaram Mutual, told ... More

SBI Magnum Contra in top notch
PERFORMANCE figures clocked by mutual funds almost always have a revelation or two. This time, the lead achieved by SBI MF's Magnum Contra Fund has come up as a clear surprise. The scheme, which essentially chases undervalued stocks that are ... More

STOCK MARKETS

Two-thirty factor on Thursday the thirteenth

INTERVIEW
`Opportunities to grow on retail front are immense'
THE individual investor will assume even greater significance for mutual funds, feels Mr S.V. Prasad. The new CEO of Birla Sun Life MF should know, trying as he is to communicate more with the retail segment, beginning with the salaried class. ... More

COMMENTARY
Dalal St awaits poll verdict
THE bulls were not smiling during the weekend; only a grimace remained, which they could partly protect by hedging on the futures. The FIIs, engine of the bull bandwagon, were net sellers in the cash segment last week. The domestic mutual ... More

Infosys in spotlight
FEARS that the US Federal Reserve will raise interest rates continued to haunt the US markets as they finished on a weak note. The Standard & Poor's 500 Index witnessed its fourth weekly drop in five; the S&P 500 fell 0.8 per cent to 1098.70. More

Stock Quotes
SE Diary

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Indian cos to gain from EU expansion: ESC

Bharti acquires Rajasthan circle; to invest Rs 200 cr

Cognizant ahead of the pack in client wins

Paying through your nose for petrol

Dalal St awaits poll verdict

Looking back
May. 2-May. 8
Do not overstretch the broking machine

Negative sentiment pervades all corners

To cope with increased demand — SEBI strengthening tech infrastructure

Rally continues for second day

Will investors favour gold securities?

Paper stocks gain from rise in global prices