Indian Mutual Fund Industry

Equity SIP inflows from B30 cross ₹10K cr, have 41% share in monthly flows

Master Capital Services on Monday said it has received in-principle approval from markets regulator Sebi to sponsor a mutual fund. The approval allows the company to take additional regulatory steps necessary to form an Asset Management Company (AMC) and launch mutual fund schemes, subject to fulfilling Sebi's final registration requirements. "The proposed mutual fund business will create a variety of equity, hybrid, and multi-asset schemes, which are meant for different types of investors," Master Capital Services, a subsidiary of Master Trust, said in a statement. In terms of investment approach, it will involve a combination of quantitative investment methodologies with a bottom-up approach engineered to generate superior risk-adjusted returns over time, the statement noted. This comes at a time when the Indian mutual fund industry has entered a new era of growth, with assets under management reaching over Rs 75 lakh crore mark. Master Trust is a leading financial services grou

9 Mid caps to Possibly become Large caps; 6 Small caps to possibly become Midcaps

Gold and silver ETFs alone add nearly 1 million accounts in September

Industry wants flexibility to expand globally, enter allied segments like wealth mgmt, advisory

India's equity markets have more than doubled to $5.3 trillion over the last five years, drawing millions of retail investors

SIP investors must diversify across market caps, with largecaps better for lump-sum bets amid high mid-smallcap valuations, says Subramaniam

Capitalmind Mutual Fund debuts with Capitalmind Flexi Cap Fund; an actively managed, market-cap agnostic equity scheme with a systematic, quantitative investment approach

Over the past month, shares of HDFC AMC and NAM have rallied 13 per cent and 16 per cent, respectively, BSE data showed.

What's particularly encouraging is the rise in hybrid categories-especially arbitrage, BAFs, and multi-asset funds, experts said.

By examining the thought processes behind their investment decisions, Morningstar has uncovered the secrets to these top managers' successes.

The average retail investor who was rewarded handsomely given the surge in the markets in the last few years, Kotak Institutional Equities believes, have turned more cautious now.

Investor confidence in value mutual funds remains robust, with the category witnessing an inflow of Rs 1,556 crore in January, indicating a shift in their focus towards fundamentally strong yet undervalued stocks. This represents a slight increase from the Rs 1,514 crore inflow registered in December, according to data from industry body Association of Mutual Funds in India (Amfi). However, despite the inflow, assets under management (AUM) in this category declined from Rs 1.88 lakh crore in December to Rs 1.83 lakh crore in January. This decline in AUM highlights some challenges, but the outlook for value funds in 2025 remains optimistic. Santosh Joseph, Co-founder and CEO of Germinate Investor Services, said the future of value funds will largely depend on sectoral trends and macroeconomic conditions. "The key sectors that drove the value fund rally in 2023 and 2024, including metals, real estate, construction, capital goods, PSUs, and manufacturing, are expected to maintain the

The Sensex surged 1.42 per cent (1,071.33 points) to 76,459.72, while the Nifty50 bounced 1.37 per cent (312.5 points) to 23,110.85, suggesting that some support is still present

SBI Mutual Fund on Friday picked up an additional 3.8 per cent stake in auto components maker Happy Forgings for Rs 341 crore through an open market transaction. According to the bulk deal data available with the BSE, SBI Mutual Fund purchased 35.91 lakh shares, amounting to a 3.8 per cent stake, of Happy Forgings. The shares were acquired at an average price of Rs 950 apiece, taking the transaction value to Rs 341.22 crore. After the transaction, SBI Mutual Fund's holding in Happy Forgings has increased to 5.77 per cent from 1.97 per cent. Meanwhile, Business Excellence Trust III offloaded 39.10 lakh shares or 4.2 per cent stake in Happy Forgings for Rs 371 crore through an open market transaction. Business Excellence Trust III is a Sebi-registered Alternative Investment Fund managed by MOPE Investment Advisors. MOPE, a subsidiary of Motilal Oswal Financial Services Ltd (MOSFL). The shares were sold at an average price of Rs 950.06 per piece, taking the deal value to Rs 371.48 .

The industry saw its net equity flows come down from Rs 41,886 crores in October to Rs 35,943 crores last month, a 14% fall.

Markets regulator Sebi has asked the mutual fund industry to proactively conduct stress tests, a key component of risk management for the financial sector, which will help strengthen the ecosystem, its whole-time member Ananth Narayan Gopalakrishnan said on Friday. The regulator's stress testing emphasizes the need to assess and manage liquidity risks, especially in small and midcap equity schemes. Speaking at a mutual fund event, Gopalakrishnan highlighted the importance of modelling stress scenarios not just for individual schemes or fund houses but for the entire mutual fund ecosystem. "It is also important to model stress scenarios for the entire composite mutual fund ecosystem. I would strongly encourage the industry and AMFI to take the lead and proactively conduct objective and credible industry wide stress tests. themselves," Gopalakrishnan said. He also emphasized the need to find better ways to communicate the risks associated with different mutual fund schemes. The Sebi

Badshah says that the hike in capital gains taxation is an adverse development, but given the high growth trajectory of domestic equities, it shouldn't be a major worry

Proposal follows removal of indexation benefits from debt funds in the Budget 2023

Sebi's investigation stems from red flags raised by their surveillance system. These flags indicated a potential pattern where trades by certain entities closely mirrored those of Quant Mutual Fund