Page 10 - Chirag Madia

Growth delayed, not denied due to Covid-19 wave: Axis MF's Jinesh Gopani

Markets believe growth will revive in the latter half of FY22, says executive.

FT MF says over Rs 14,500 cr returned to investors of 6 shuttered schemes

This amounts to 58 per cent of the assets under management of the six schemes on April 23, 2020, when the fund house decided to wind them up

Equity schemes likely to post third straight month of asset growth in May

But it remains to be seen whether this is on account of incremental flows or has to do with appreciation in stock prices

Credit risk funds top debt returns chart in the past year, shows data

Yet these schemes have run out of investors' favour since April 2020, especially after the Franklin Templeton episode

Flows will be driven by hope of economic recovery: Vinay Tonse of SBI MF

In a Q&A, the MD-CEO of the fund house shares its journey to the top and his views on the cost of investing

Rising markets boost infra scheme returns to 85% on average past one year

Industry players see this theme doing well going forward due to green shoots in some segments on the economy and govt's infra thrust

PFRDA AUM crosses Rs 6 trillion-mark, last trillion coming in seven months

NPS subscriber numbers have swelled over the years with 7.41 mn govt employees and 2.84 mn joining from non-govt

Long-term investing gaining traction among mutual fund investors

55% retail investors have a holding period of over 2 years, up from 48.7% a year ago

Gilt funds back on investors' radar on RBI's 'accommodative stance'

Scheme category sees net inflows this April, for the first time since last December

Edelweiss MF's IPO-focused scheme to go open-ended amid robust pipeline

The scheme was launched as a closed-end fund in February 2018, with a tenure of over three years ending June 2021

ICICI Prudential AMC proposes to rollover three FMPs to negate M2M impact

Move will also give investors indexation benefit on long-term capital gains

Mutual fund small-cap schemes increase exposure towards cyclicals sectors

The top five buys of small-cap equity funds in April were Hindustan Copper, Hathway Cable & Datacom, Lux Industries, Bharat Rasayan and Dilip Buildcon

Street signs: Gold ETFs to gain traction, PLI may hurt battery firms & more

Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields

17 of 24 small-cap funds deliver more than 100% returns in one year

These funds account for Rs 56,000 crore of category assets worth Rs 71,700 crore

New SIP registrations down 16% sequentially in April on Covid impact

Industry participants say that distributors have been facing difficulty to reach out to newer clients particularly in the rural areas

Domestic mutual funds join the ESG bandwagon, but it's still early days

Currently, ESG funds have AUM of around Rs 10,500 crore

Disbursed Rs 14,572 crore to investors of six shuttered schemes, says FT

In two of the schemes, the disbursement was over 75% of AUM in April 2020, when fund houses wound up the schemes

MFs step up launches of schemes seeking to invest in foreign markets

Most funds in FoF space chasing unique themes

Value funds shine amid broad-based rally as 'growth' trade fizzles out

Data from MF Explorer shows that maximum return generated by value funds the past one year is 96% and average is 59%

Equity mutual funds may log inflows for a second consecutive month

Key categories see a jump in assets; fund managers step up buying in April