In 2021-22, mutual funds (MFs) added over 4 million new investors, taking the total unique investor count to 37.7 million
Accounted for a larger share in the years leading up to Covid-19
Cash levels decline, equity allocation rises in balanced advantage funds in March
Zerodha CEO says Smallcase's six years of experience in building investment products will come in handy for his firm while building "low-cost passive mutual fund products for India"
During the three-year period (CY 2020, '21, '22), the percentage of schemes underperforming the index was even higher at 97 per cent
Weights of securities to be based in their free-float market cap, exposure to a particular REIT or InvIT not to exceed 33%; aggregate weight of top-three securities capped at 72%
Decisions come after launch period is over; experts say one reason for failure of the NFOs was investors' rush for select debt schemes in the last week of March
The newest fund house is planning to float two equity and two hybrid schemes and one debt scheme
Analysts say Yum!'s - which operates Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut food chains - performance has improved, driven by aggressive store expansion vis-a-vis other players
Overall, domestic institutional investors (DIIs), which include MFs, made a net investment of Rs 2.56 trillion in last financial year
The industry growth in FY23 was much lower than that of FY22, when the AUM grew over 20 per cent on the back of a strong market rally and record fresh investments
New offerings, lowering costs, debt-plus arbitrage schemes among measures planned
Senior executive of DSP Mutual Fund debt funds will continue giving good returns after tax changes
Investors snap up popular medium- to longer-duration debt funds to lock in higher returns
Target maturity funds, longer-duration schemes see high demand
HDFC MF, Motilal Oswal and Samco among fund houses offering new plans
In FY24, asset management companies (AMCs) are set to try out new schemes to attract investor
Plans to link expense ratio to AMCs' total AUM in an asset class
Funds can disclose NAV by 10 am the next day from July
Experts cite poor near-term returns, fall in investable income