Prabhudas Lilladher has reaffirmed a BUY rating on HDFC Asset Management Company (HDFC AMC), increasing its target price to Rs 5,360, a 17.7% upside from its current price of Rs 4,555.

The convenience offered by SIPs (systematic investment plans) and their many advantages including rupee-cost averaging have led them to emerge as a preferred mode of investment among Indians.

People generally associate net worth with HNIs, not the average Joe. But that does not mean that you should ignore looking up your net worth because it determines your financial condition.

HDFC Mutual fund purchased 16.3 crore shares of troubled private sector lender Yes Bank in July.

Bank of Rajasthan, one of the oldest, fastest growing, technology driven and customer friendly private sector bank, has informed that it has tied up an alliance with DBS Cholamandalam Asset Management Ltd, to qualitatively enhance its reach in the category of mutual fund investors across the country.

According to a senior official, the tie-up is intended to fulfill the investment needs of Bank of Rajasthan customers, by helping them to reach their financial goals.

The Macquarie-SBI Infrastructure Fund (MSIF) is the newly-announced joint venture of India's biggest lender State Bank of India (SBI) and the largest Australian investment bank Macquarie Group Ltd., which has raised $1 billion for investment in ports and power plants in India.

The SBI-Macquarie joint venture MSIF also boasts of the participation of the International Finance Corporation (IFC), the private sector lending arm of the World Bank, as a minority shareholder and keystone investor.