Page 7 - Latest Updates on Mutual Fund
Samco MF launches tax-efficient arbitrage fund for high-tax slab investors
The scheme aims to invest in arbitrage opportunities between spot and futures prices of traded equities and within derivatives. If none are available, the Fund Manager may invest in debt and money mar
 "Samco MF launches tax-efficient arbitrage fund for high-tax slab investors")
Axis MF announces new Target Maturity Fund , says offer has moderate risk
Fund plans to invest 95-100% of its assets in fixed-income instruments that mirror the CRISIL-IBX AAA Financial Services - Sep 2027 Index
 "Axis MF announces new Target Maturity Fund , says offer has moderate risk")
Equity NFO pipeline remains strong despite equity market weakness
Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November
MF investors bet over Rs 17K crore on key equity schemes amid selloff
Equity schemes continue to witness net inflows, driven by SIPs
 "MF investors bet over Rs 17K crore on key equity schemes amid selloff")
Mutual fund units to fall under PIT regulations from November 1
The market regulator had issued the notification on the inclusion of MF units under PIT in November 2022, but it is being made effective now after consultation with industry bodies and members
Nomura sees robust growth ahead for domestic asset management cos
Forecasts industry AUM to grow at 18% CAGR between FY24 and FY30
 "Nomura sees robust growth ahead for domestic asset management cos")
Sachet-sized investments: First Rs 100 MF transaction takes place
ONDC was conceived to boost e-commerce in India and is now diversifying its services to include financial products
Baroda BNP Paribas MF launches Momentum 30 index fund: Who should invest
Scheme will follow passive strategy to leverage the top 30 momentum stocks from the Nifty 200 Total Return Index
 "Baroda BNP Paribas MF launches Momentum 30 index fund: Who should invest")
To determine number of mutual funds to hold, fix your investment goal
Diversifying portfolio is essential for economic stability, according to experts
 "To determine number of mutual funds to hold, fix your investment goal")
When is the right time to redeem your mutual funds?
It is crucial to regularly monitor your portfolio, as frequently as possible, to stay on top of its performance
 "When is the right time to redeem your mutual funds?")
Mutual fund derivatives exposure nears Rs 2 trn on increased arbitrage play
Turnover share in segment under regulator scrutiny also shows signs of increase since 2018-19
HSBC Mutual Fund unveils new export-themed equity scheme: Check details
HSBC India Export Opportunities Fund has the flexibility to invest in companies that are part of the exports theme across market capitalization - large cap, mid cap and small cap companies
 "HSBC Mutual Fund unveils new export-themed equity scheme: Check details")
 "Why Mutual Funds Are the Best Retirement Investment Solutions")
MarketsMojo announces launch of MOJOMF distribution service platform
The move is aimed at attracting more investors, especially the youth, by making investment processes and advisory simple, accessible and free of charge
Deepak Shenoy's Capitalmind gets in-principle approval for MF foray
Capitalmind joins the likes of Angel One and Unifi Capital in the queue for a final MF licence
 "Deepak Shenoy's Capitalmind gets in-principle approval for MF foray")
NFO deluge opens mutual fund investor floodgates wide in July, shows data
Investor tide swells by 1.2 million, reaching 48.1 million
 "NFO deluge opens mutual fund investor floodgates wide in July, shows data")
Bank of India MF launches Business Cycle Fund: Should you invest?
The fund aims to invest dynamically across sectors and companies by utilising emerging market trends and growth themes to optimise returns
 "Bank of India MF launches Business Cycle Fund: Should you invest?")
Fed's September rate cut unlikely to alter RBI stance: Rajeev Radhakrishnan
Radhakrishnan notes that global central banks' potential policy easing could further bolster demand
 "Fed's September rate cut unlikely to alter RBI stance: Rajeev Radhakrishnan")
Market regulator Sebi plans to launch smaller SIPs, Reit reforms in FY25
Regulator says it faces difficulty in recovering dues worth over Rs 76,000 crore
 "Market regulator Sebi plans to launch smaller SIPs, Reit reforms in FY25")
Budget 2024: PMS firms rethink strategy after increase in STCG tax
Churn in holdings will attract higher tax; no-pass through advantage like MFs, AIFs
 "Budget 2024: PMS firms rethink strategy after increase in STCG tax")