Page 3 - Chirag Madia

Axis MF suspends two fund managers amid allegations of irregularities

In a statement, Axis Bank said a suo moto investigation was launched two months ago to probe potential irregularities

Yield surge hits debt funds after RBI hikes lending rate in surprise move

Investors should be ready for volatility in long-duration securities, say experts.

After mkt correction, assets of large-cap, flexi-cap funds dip in Apr: Amfi

Indian equity markets have been very volatile largely due to the sustained selling from the foreign portfolio investors

Investors should expect further interest rate hikes: Debt fund managers

On Wednesday, 10-year government bond yields ended the day at 7.4 per cent, against Monday's closing of 7.1 per cent

Listed AMCs see a muted January-March quarter due to pressure on yields

UTI AMC saw its profit after tax drop 60 per cent year-on-year (YoY), while Aditya Birla Sun Life AMC saw its profits increase just 1 per cent

BOI AXA to Nippon India: Credit risk funds shine with 17.4% returns

The past few months have seen several debt fund categories delivering subdued returns because of the spike in bond yields.

Nippon Life Q4 up 5% to Rs 175 crore, FY22 PAT up 9% to Rs 744 crore

The firm's AUM stood at Rs 3.45 trillion as on March 21, 2022; Nippon India Mutual Fund's overall AUM market share rose to 7.38% in Q4

Assets of ESG funds rise 5x in four years to Rs 12,450 crore, shows data

The data from Morningstar India shows that the fund size of ESG funds stood at Rs 12,447 crore as of March 2022, up from Rs 2,268 crore in March 2019

Opt for flexi-cap, multi-cap funds amid market volatility: Experts

Globally, rising inflationary concerns and geopolitical tensions have led to risk aversion among investors

Floater funds back in focus as interest rates are all set to climb

They are best suited among the bouquet debt funds to sail through volatility in debt markets, say industry players

New SIP registrations surge 88% to 26.6 million in FY22, shows data

In the past year, large-cap funds on average have given returns of 26.45 per cent, while mid-cap and small-cap funds have given returns of 29.5 per cent and 40.4 per cent, respectively

Small-cap schemes dominate pure-play equity mutual fund returns

On an average, small-cap funds have generated annualised returns of 67.5 per cent in the last two years

Bandhan's asset management test; IDFC MF's acquisition could be a challenge

The deal will make Bandhan Financial Holdings the latest banking group foray into the Rs 38-trillion domestic mutual fund (MF) industry

MFs pump Rs 22,000 cr into stocks in March amid extreme market volatility

Among large-caps, Kotak Mahindra Bank, HDFC, ONGC and Maruti Suzuki among most-bought shares; ITC tops sell list

Equity funds net inflows hit Rs 1.64 trn in FY22 on mkt surge, steady SIPs

Record net inflows of Rs 28,463 crore in March

Equity mutual funds witness record inflows of Rs 28,000 crore in March

Surge in inflows into multicap funds was largely due to the NFO of SBI Multicap fund which garnered Rs 8,170 crore

IDFC MF deal latest in series of M&As in the RS 38-trillion industry

More acquisitions likely going ahead, say industry experts

Domestic MF industry's average AUM grew 19% to Rs 38.37 trn in FY22

Strong inflows into equity and hybrid schemes coupled with sustained inflows through systematic investment plan (SIP) contributed to the growth in assets.

Three-month NFO pause may not impact equity inflows, say industry players

Strong SIP inflows will help cushion the blow, they add

Three-month NFO pause may not impact equity inflows, say industry players

Strong SIP inflows will help cushion the blow, they add