Page 19 - Latest Updates on Mutual Fund
Economies of scale will drive down costs for MF industry: Morningstar CEO
He draws parallels with the global fund management industry to show the promise and potential of India's Rs 22-trillion mutual fund industry
 "Economies of scale will drive down costs for MF industry: Morningstar CEO")
Non-bank fund houses forge ties with distributors to gain market share
Such tie-ups to help fund houses compete with MFs that have their own bank channels
 "Non-bank fund houses forge ties with distributors to gain market share")
Stick to defensives: Investors should hunt for large-cap funds, say experts
Mutual fund investors, especially those who came in during the recent bull run, need to remember that such downturns are part and parcel of equity investing
 "Stick to defensives: Investors should hunt for large-cap funds, say experts")
Mutual Fund's AUM surges 14% to over Rs 24 trillion in Sept quarter
The total asset base of all the fund houses put together was Rs 21 trillion in July-September 2017
 "Mutual Fund's AUM surges 14% to over Rs 24 trillion in Sept quarter")
Fee cut to dent mid-, small-sized funds' profitability by Rs 200-400 mn
Fund houses making minimal profits to feel the pinch
 "Fee cut to dent mid-, small-sized funds' profitability by Rs 200-400 mn")
Delay in action likely to freeze corporate bond market, say mutual funds
While investors were already nervous with some schemes' exposure to IL&FS papers, the recent sharp spike in yields of some highly-rated papers has added to their worries
 "Delay in action likely to freeze corporate bond market, say mutual funds")
Investing in mutual funds may soon get cheaper, more lucrative; here's how
Expenses of direct plans set to fall further as distributors' costs will have to be borne by schemes
 "Investing in mutual funds may soon get cheaper, more lucrative; here's how")
Mutual fund assets surpass Rs 25 trillion; Rs 4.6 trillion added in 1 year
This milestone has come 25 years after the industry opened to private sector
 "Mutual fund assets surpass Rs 25 trillion; Rs 4.6 trillion added in 1 year")
Here are the five ways to keep a track of your mutual fund's performance
In order to arrive at the right decision, you need to choose the right metric to measure fund performance
Mutual fund managers churn portfolios, go slow on purchase of equities
Experts suggest that gross inflows have slowed down as wealthy investors, who are more sensitive to market swings and volatility, have started churning their portfolios
 "Mutual fund managers churn portfolios, go slow on purchase of equities")
Is your mutual fund too expensive? Avoid paying above-average fees
Investors should avoid paying above-average fees in case of debt funds and large-cap equity funds
 "Is your mutual fund too expensive? Avoid paying above-average fees")
Large-player domination not restricted to us, say mutual fund houses
India comparable with other developed markets on asset concentration in the sector, show data
 "Large-player domination not restricted to us, say mutual fund houses")
Mutual funds hold trail commissions for folios without KYC compliance
The move comes after Sebi's 25-violations report sent to industry
Proportion of mutual fund votes against resolutions is at a multi-year low
Some say companies more willing to discuss resolutions with shareholders before they are brought to vote
 "Proportion of mutual fund votes against resolutions is at a multi-year low")
Mutual fund industry's AUM to hit Rs 100 trillion by 2025: Mahindra AMC
At present, the mutual fund industry has an asset base of Rs 23.5 trillion
 "Mutual fund industry's AUM to hit Rs 100 trillion by 2025: Mahindra AMC")
Mutual Fund's biggest names lag Nifty returns in first half of 2018
Axis Long Term Equity (Jinesh Gopani) is the only fund to have delivered a positive return in the first half, though it still lagged the Nifty
 "Mutual Fund's biggest names lag Nifty returns in first half of 2018")
Mutual fund houses' cut in trail commission to hit advisors
Experts say distributors will have to rejig their future earnings projection, as they had procured the business after assuming a certain cash flow
Time to revamp your mutual fund portfolio: What you must keep in mind
Do keep the tax impact and exit load in mind before you take a decision to sell
 "Time to revamp your mutual fund portfolio: What you must keep in mind")
Sebi's new rules on categorisation: 20% MF scheme names to be changed
Industry says this will affect brand recall of popular schemes
 "Sebi's new rules on categorisation: 20% MF scheme names to be changed")
MF association urges FM and SEBI to reconsider the tax imposition
Association of Mutual Funds in India (AMFI) has already sent representations to the finance ministry and capital market regulator SEBI in the regard, the official said
 "MF association urges FM and SEBI to reconsider the tax imposition")