MF SECTOR SALES RISE 50% IN Q2
Article Abstract:
The Mutual Fund sector has reported 50 percent increase in its sales at Rs6,093 crore for the second quarter (July-September) of 1998-99. The sales during the first quarter (April-June) 1998-99 was Rs4,075 crore. Income schemes contributed most to the sales. The total funds collected during the first six months of 1998-99 was Rs10,168 crore against Rs18,000 crore collected during the entire 1997-98 period. (um)(psr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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ALPIC FINANCE FD
Article Abstract:
Alpic Finance Ltd's (AFL) fixed deposit's programme has been downgraded by the Investment Information and Credit Rating Agency (ICRA) to MB+. The rating reflects inadequate safety with respect to timely payment of interest and principal of its FD programme. It also indicates AFL's poor performance in 1998- 99. (gs)(m)
Comment:
Alpic Finance Ltd's (AFL) fixed deposit's programme has been downgraded by the Investment Information and Credit Rating Agency (ICRA) to MB+.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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