Page 49 - Abhishek Kumar

Budget 2023: MFs seek LTCG exemption for longer-term equity investments

Industry says exemption for those staying invested for over three years will help channelise flows into financial assets

Passive fund race: Bigger players steal the show over smaller counterparts

Over 95% passive AUM is with top 10 AMCs; experts say opportunities still exist in the smart beta space

SIP's share in MF AUM hit new high of 17% in October, shows data

But overall AUM has increased a mere 6%

Physical presence back in focus as mutual funds look beyond metros

New branches being added even as digitisation empowers every transaction

We're transparent, not biased against fund managers: S&P's Benedek Voros

'The two key factors are volatility in the stock market and the performance differential within indices'

Invest 80%, keep rest of corpus aside for corrections: Mirae's N Surana

Indian markets are holding on despite ongoing global chaos, thanks to supportive cyclical and structural factors, says Surana

IIFL Wealth rebrands as 360 ONE, to rename its MF, PMS and AIF schemes too

The company says it manages over Rs 3.3 trillion through its various mutual fund, PMS, AIF and other products

Investors pull out big money from debt funds despite attractive yields

Fund managers and MF distributors expect net inflows to turn positive after completion of rate hike cycle

Investors don't take a shine to gold exchange-traded funds, shows data

One-year returns, however, better than most equity, debt funds

Inflows to MF SIPs cross Rs 13K crore in October for the first time

Yet net investments in active equity schemes slump 33% in same month, shows Amfi data

AMCs line up differentiated target maturity funds amid stiff competition

Yield-to-maturity between 7.36% and 7.5% for these schemes with fixed tenure makes them attractive bet

MF penetration: Maharashtra, Delhi in lead; Jharkhand in top 10

Industry insiders say MFs have gained better traction in Jharkhand due to presence of a large salaried class and strong distributor network

India in a sweet spot despite global fears of recession: IDFC AMC CEO

'Conditions are ripe for a private capital expenditure cycle over the next few years'

Varun Beverages, ABB, Page among six stocks that could become large-caps

They could replace Piramal Enterprises, Gland Pharma, Mphasis, Muthoot Finance, Bandhan Bank and Paytm, which may move to mid-cap space, reveals analysis by Brian Freitas of Periscope Analytics

KFintech settles Sebi proceedings with payment of over Rs 91 lakh

The registrar and transfer agent was found to be violating rules during a Sebi inspection in 2019-2020

80% of net SIP investments in Sept go into active equity schemes: Data

Investment advisors recommend the SIP route for investment in volatile asset classes to maximise the benefit of rupee cost averaging

Eight of 10 net SIP investments go into active equity schemes: Amfi data

Debt schemes account for 2% of the net inflows, passive schemes 8%

Subdued equity market slows mutual fund penetration, shows data

Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions

Listed asset management companies see subdued profit growth in Q2

The brokerage has set a March 2024 target of Rs 2,470 for HDFC AMC and Rs 400 for Nippon India AMC

SIP account redemptions rise to 11-mth high as investors dip into savings

Investors pulled out around Rs 6,580 crore from their SIP accounts in MF schemes for the pre-festive splurge