Mahindra scouts for foreign partner to grow MF business



Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 4000 crore



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Paytm's MF foray fails to rattle fund distributors



Unlike most MF distributors in India, Paytm Money will be offering low-cost direct plans, which don’t charge for distribution expenses



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Investing tips for seniors, young investors



While seniors seeking a regular income should switch to debt funds from balanced funds, younger investors should invest in balanced funds after understanding their risks.



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