See regulatory risks to yields; most maintain 'buy' call on improved valuations, long-term growth potential
The benchmark indices, Sensex and Nifty50, logged their biggest monthly advance since November last year, gaining 3.6 per cent and 4.1 per cent last month
At present, investors directly deal with the asset management companies (AMCs) for purchase and redemption of ETFs - passive schemes that track a particular benchmark such as the Nifty50 index
Yield to maturity may remain range-bound
The revenue from operations remained flat at Rs 301 crore for the quarter under review
Revenues from operations rose 3 per cent during the quarter to Rs 348 crore
The growth in profits and revenue come on the back of a 4 per cent rise in the average assets managed by the AMC
More actively managed schemes manage to beat benchmarks in Q4, thanks to low holding in Adani Group stocks
'Given the small caps' underperformance vis-a-vis large caps last year, they are at a slightly better position valuation wise'
50% of dynamic bond funds' average maturity at less than 5.5 years, the rest higher
Debt MFs, which receive the bulk of corporate money, have seen sustained outflows for over a year. As a result, debt MF AUM declined 9 per cent in 2022-23 to Rs 11.8 trillion
After having recorded seven straight months of outflows, equity savings schemes are expected to witness a change of fortune in the months ahead
Edelweiss MF has merged the ETF with Bharat Bond ETF 2025 post maturity on April 17
Joins Zerodha and three other firms who are waiting in the wings for final approval
In March, inflows into small-caps highest among market cap-oriented fund categories
Cash holdings at top 20 asset management companies decline to 5% for month from 6.2% in Feb
Potential in state-owned lenders could be limited in the near-term as most positives are priced in
Data shows that SIPs now account for 34 per cent of the total equity AUM compared to 25 per cent at the end of FY19
Returns, however, beat other asset classes
Difference in G-sec and AA corporate rises to 113 bps from 88 bps in six months