Page 5 - Latest Updates on Mutual Fund
Hold or continue: What you should do with your SIP as markets correct
Mutual fund managers recommend that investors stay on the pitch and continue their innings
 "Hold or continue: What you should do with your SIP as markets correct")
Angel One MF launches two schemes tracking Nifty Total Market Index
Angel One Nifty Total Market ETF and Angel One Nifty Total Market Index Fund are open till February 21
 "Angel One MF launches two schemes tracking Nifty Total Market Index")
MF industry leverage fund-of-fund route to create debt alternative
Fund houses adding arbitrage to existing debt FoFs to get the tax advantage
 "MF industry leverage fund-of-fund route to create debt alternative")
HDFC MF offers new scheme tracking Nifty100 Quality 30 Total Returns Index
Fund house says scheme meant for investors seeking 'financially stable and resilient companies with robust balance sheets'
Quality stocks fairly valued, avoid low-growth bubbles: PGIM India MF CIO
Earnings growth may face downward revisions, leading to market volatility and drawdowns. However, the medium- to long-term outlook for the equity markets remains healthy
 "Quality stocks fairly valued, avoid low-growth bubbles: PGIM India MF CIO")
Jio Financial Services, BlackRock joint venture sets up broking unit
The JV's wholly owned subsidiary will be called Jio BlackRock Broking, which will undertake "the business of broking subject to regulatory approvals"
 "Jio Financial Services, BlackRock joint venture sets up broking unit")
Groww MF launches first-ever ETF tracking Indian railways PSU Index
This ETF replicates the Nifty India Railways PSU Index-TRI, featuring PSUs vital to the railways sector, covering infrastructure, financial services, logistics, and technology
 "Groww MF launches first-ever ETF tracking Indian railways PSU Index")
Record SIP closures in Dec amid market volatility; inflows stay strong
Investors open 5.4 million accounts, close 4.5 million last month
 "Record SIP closures in Dec amid market volatility; inflows stay strong")
Sector-thematic NFOs: Beware lack of track record, concentration risk
With growing awareness, demand for passive funds has also risen, prompting fund houses to launch more products
 "Sector-thematic NFOs: Beware lack of track record, concentration risk")
Budget 2025: Why MF industry's top wish is tax relief for debt funds
The industry seeks a 12.5 tax rate on long-term capital gains (LTCG) for redeeming debt mutual fund units held over a year, aligning it with the rate applicable to listed bonds
 "Budget 2025: Why MF industry's top wish is tax relief for debt funds")
Passive funds have to sell Rs 1.5K crore ITC Hotels shares after listing
Passive MF schemes, especially those tracking the Nifty 50 and Sensex, will need to offload their holdings in ITC Hotels as the stock will be excluded from these indices
 "Passive funds have to sell Rs 1.5K crore ITC Hotels shares after listing")
Equities may deliver 8-12% in 2025: Aditya Birla Sun Life Mutual Fund
Fund house expects similar returns from gold, debt
 "Equities may deliver 8-12% in 2025: Aditya Birla Sun Life Mutual Fund")
Six new fund houses set to join Rs 68-trillion MF industry in 2025
Angel One, Unifi set to launch first fund this year; four more likely to secure licence this year
 "Six new fund houses set to join Rs 68-trillion MF industry in 2025")
Large-cap cut-off surpasses Rs 1 trillion as 11 new stocks join the list
These midcap stocks that have earned an upgrade include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India and Info Edge
 "Large-cap cut-off surpasses Rs 1 trillion as 11 new stocks join the list")
MFs' equity buying exceeds Rs 4 trillion in 2024 for the first time
MFs have the largest institutional buyers in the equity market in two of the last three years - 2022 and 2024. In 2023, they were only slightly behind foreign institutional investors (FIIs)
 "MFs' equity buying exceeds Rs 4 trillion in 2024 for the first time")
UTI MF launches Quant Fund focusing on quantitative investment theme
Fund seeks to generate long-term capital appreciation by investing in equity and equity-related instruments
Active largecap funds set to outperform for second consecutive year
More number of funds likely to beat the benchmark this year vis-a-vis 2023
 "Active largecap funds set to outperform for second consecutive year")
Shift to 12-13% growth will create a selective market: Vinit Sambre
Says caution is warranted for segments with stretched valuations and peaking business cycles, such as engineering and capital goods or automotive
 "Shift to 12-13% growth will create a selective market: Vinit Sambre")
Sebi targets NFO mis-selling with new rule to prevent portfolio churn
Regulator puts an end to switching of funds by distributors for higher NFO commissions
 "Sebi targets NFO mis-selling with new rule to prevent portfolio churn")
What is MITRA? Platform proposed by Sebi to track inactive mutual funds
The mutual fund investment tracing and retrieval assistant, or MITRA, platform will help trace inactive and unclaimed folios, thereby preventing potential misuse
 "What is MITRA? Platform proposed by Sebi to track inactive mutual funds")
