MFs

Industry had exposure to 1,244 stocks in Oct, hitting fresh high for a fifth straight month

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

The Securities Appellate Tribunal has partly allowed Viresh Joshi's appeal, directing Sebi to share more documents in the Axis Mutual Fund front-running investigation

Move to impact loan-against-mutual fund, guided MF investment apps

Distributors strike it rich as client funds land on winning number

The scheme tracks the Nifty500 Flexicap Quality 30 Index and uses momentum-based allocation to shift between largecaps and small- and midcaps for alpha generation

In a bid to deepen financial inclusion, Nippon Life India Asset Management Ltd has opened a branch in Leh and is looking to expand its presence in border areas, its CEO Sundeep Sikka said. With this, Nippon Life India Asset Management (NAM India) -- promoted by Japan's Nippon Life Insurance Company -- becomes the only asset management company in the country to establish a physical presence in such a high-altitude region. This marks NAM India's 167th branch and its presence in 266 pin codes across the country. Explaining the reason for opening the branch, Sikka said Ladakh, a Union Territory known for its breathtaking landscapes, has seen a surge in tourism and economic activity in recent years. However, the region's financial landscape remains relatively underdeveloped, with limited access to a diverse range of investment products. The average assets under management (AAUM) in Jammu & Kashmir and Ladakh stood at Rs 10,844 crore as of June 2025, accounting for less than 0.14 per ...

MF investor growth dropped to 5.2% in H1 2025 from 12% a year ago as volatility hit lumpsum inflows, while SIPs and existing investor participation remained strong

Experts believe the tie-up could help resolve long-standing bottlenecks in KYC compliance, particularly in underserved regions

Individual investors' direct non-promoter ownership declined by 30 basis points (bps) in the March quarter, NSE data shows

Markets regulator Sebi on Tuesday announced a change in cut-off timings to determine the net asset value (NAV) with respect to repurchase or redemptions of units in overnight schemes of mutual funds. The changes will allow time for stock brokers (SBs), or clearing members (CMs) to un-pledge units of Mutual Fund Overnight Schemes (MFOS) and place redemption requests with mutual funds, after the close of market hours. For applications received up to 3 pm, the closing NAV of day immediately preceding the next business day will be applicable. For applications received after 3 pm, the closing NAV of the next business day will be applicable, Sebi said in its circular. However, in case application is received through online mode, the cut-off timing of 7 pm will be applicable for overnight fund schemes, it added. The new timings will become effective from June 1. Investment in Mutual Fund Overnight Schemes (MFOS) is a new avenue made available to stock brokers or clearing members to deplo

The individual AUM of investors in B-30 surged 27 per cent in FY25, reaching ₹10.8 trn. In comparison, AUM in the top 30 cities (T-30) increased by 21 per cent to ₹30.5 trn during the same period

Capitalmind Financial Services on Monday said it has received final approval from the markets regulator Sebi to commence its mutual fund operations under the name Capitalmind Mutual Fund. The company plans to launch its initial suite of active equity mutual fund schemes in the coming months, with intentions to gradually expand its offerings to include debt, hybrid, and multi-asset funds. "Receiving Sebi's final nod is a watershed moment, validating our commitment to bringing an investor-first, transparent, and data-driven approach to the wider investing public. "For years, we've focused on simplifying investing through disciplined strategies. Launching Capitalmind Mutual Fund is the natural evolution of our mission, enabling us to empower millions more Indians to achieve their financial goals with accessible, rules-based investment products," Capitalmind Financial Services founder and CEO Deepak Shenoy said in a statement. The company manages over Rs 2,000 crore in assets for more

Active equity schemes held nearly Rs 1.7 trillion in cash at the end of October

Sebi board meeting today, Sept 30, will be the first meeting since allegations were pressed against Sebi Chairperson Madhabi Puri Buch by Hindenburg Research. Here's what to expect from the meeting

Capital markets regulator Sebi on Friday proposed facilitating investments by mutual funds in overseas funds, which invest certain portion of their assets in Indian securities. This is subject to the fact that the total exposure to Indian securities by such overseas funds should not be more than 20 per cent of their net assets, Sebi said in its consultation paper. The move would help keep Indian fund of funds (FoFs) true to their label, coupled with cost effectiveness, for investors. Considering strong economic growth prospects of India, the country's securities offer an attractive investment opportunity for foreign funds and accordingly, various international indices, exchange traded funds (ETFs), mutual funds (MFs), unit trusts (UTs) allocate a portion of their assets to Indian securities, Sebi noted. As of April 30, 2024, the MSCI Emerging Markets Index has a little over 18 per cent weight to Indian securities. Similarly, JP Morgan's Emerging Markets Opportunities Fund' holds .

The surge in indices came on the back of a robust economy, optimistic forecasts from global brokerages and rating firms on economic growth outlook, and favourable investor sentiment

Update by regulator puts to rest speculations that Jio is looking to enter MF space through acquisition

New norms to curb mis-selling, bring parity on upfront commissions that are already barred in MFs, PMS

Finance Bill 2023 has introduced an amendment that will classify capital gains arising from debt mutual funds as only short-term capital gains.