Mutual Funds

The central bank has proposed a one-time approval mechanism for mutual funds, insurers and pension funds to acquire major shareholding in banks, replacing repeated approvals

Joint CEO D P Singh said the offering is expected to encourage more companies to tap the primary market

Despite bouts of volatility, the equity market ended June on a positive note, with the Nifty50 gaining 1.4 per cent as easing oil prices and receding tensions in West Asia lifted sentiment

Midcap and smallcap funds have done better in recent times

The fund has been managed by Rahul Goswami since October 2023, Chandni Gupta since April 2024 and Rohan Maru since October 2024

VK Vijayakumar of Geojit Investments, said India's relative outperformance continues to be aided by weakness in the KOSPI and the broader weakness in the global chip trade.

Rishi Kohli, chief investment officer at Jio BlackRock AMC, said the company intends to introduce at least one more SIF in the equity long-short category within the next year

Asset manager launches Axis Account Plus, a digital treasury management solution that enables MSMEs to invest surplus working capital seamlessly in liquid and mutual fund schemes

Such schemes garner ₹7,600 cr inflows in a year

JioBlackRock enters the SIF segment with a hybrid long-short fund, while ICICI Prudential MF launches a multi-asset active FoF for diversified investing

Set to launch multi-asset fund next week

SIP-linked assets now account for over 40 per cent of active equity mutual fund AUM, supported by resilient retail participation despite a recent moderation in monthly inflows

Mutual funds boosted exposure to ICICI Bank, HDFC Bank and Reliance in May, investing over ₹24,000 crore as market volatility created buying opportunities

Net inflows into index funds and ETFs fell sharply in May, mirroring weakness in active equity schemes amid volatile market conditions

Proposes aggregate remuneration reporting in place of individual-level disclosures

Penetration slowing as equities turn volatile, gold rally loses steam

ICICI Prudential's iSIF leads in folios; Edelweiss' Altiva SIF tops in AUM

Negatives largely priced in but outlook remains uncertain, say experts

Management said there remains potential upside to the guidance, depending on the pace of approvals, registrations, and commercialisation across key international markets

Mutual funds increased exposure to select banking stocks in April while trimming holdings in IT, metals and industrial companies after recent market movements