Page 19 - Latest Updates on Mutual Fund
Orowealth acquires Wealth Trust; deal hints at further consolidation
PayTM's zero-fee offering pushes back monetisation plans of digital mutual fund platforms
 "Orowealth acquires Wealth Trust; deal hints at further consolidation")
HDFC MF pips ICICI Prudential to become India's top asset manager
HDFC MF clocked a net profit of Rs 722 crore in 2017-18, 31 per cent higher than the Rs 550 crore clocked in the last fiscal year
 "HDFC MF pips ICICI Prudential to become India's top asset manager")
MF debt assets shrink due to risk-aversion triggered by IL&FS crisis
About 24 fund houses have seen a decline in their debt AUMs in the past one year
 "MF debt assets shrink due to risk-aversion triggered by IL&FS crisis")
Here's all that you should consider when investing in a vintage fund
Make sure that the vintage fund you are thinking of investing in retains its consistency of style and performance
 "Here's all that you should consider when investing in a vintage fund")
What credentials should one consider when looking for a financial adviser?
Several insurers have come up with low-cost unit-linked insurance plans
 "What credentials should one consider when looking for a financial adviser?")
Tipping Point: Are you aware of the concentration risk in your fund?
A fund that is more concentrated will have a higher percentage of its portfolio concentrated in the top three (or five or 10) sectors in its portfolio compared to its peers
 "Tipping Point: Are you aware of the concentration risk in your fund?")
Mutual funds' narrow midcap universe: Only 150 firms to invest in
Assets already accounted for nearly a fifth of free float
 "Mutual funds' narrow midcap universe: Only 150 firms to invest in")
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