Axis MF, Navi MF and Mirae Asset MF are among fund houses to roll out passive funds focused on mid- and small-cap themes.
Accounts for debt schemes have slipped 10 per cent, shows Amfi report
Amfi data shows that floater funds saw net outflows of Rs 10,323 crore, highest in the current financial year, in Feb
Low yields from other asset classes and the steady influx of young investors are seen as the factors behind the sustained inflows into MFs.
In the past one month, silver funds have returned 7.34%, gold funds on an average are up by about 6%. In comparison, Nifty is down 4%
The new entity will leverage on the strengths that each partner has developed, to offer products specifically designed for retail and institutional clients in India.
Industry players say they are keenly watching what Sebi does to deepen the corporate bond market.
Parag Parikh Flexicap mutual fund: However, as the overseas investment curbs are yet to be lifted, all the incremental flows will be deployed only in domestic stocks
Amfi data shows that in February, 2.34 million new SIP accounts were opened compared to 2.65 million in January
All 11 categories of equity funds saw net inflows, with flexicap witnessing highest inflows of Rs 3,873.56 crore
Report sats 5.9 million women investors hold 14 million folios and assets under management of Rs 4.5 trillion
These funds had, on an average, generated returns of -7.4% during past three months, compared with negative returns of 8-10% by large-cap, mid-cap and small-cap funds
ICICI Securities, BofA and Axis Capital are the investment banks handling the share sale
He will take over from Saurabh Jain who resigned from his current role on February 28
The latest study by Morningstar India shows that of the 399 fund managers, 32 are women, who are managing funds either as primary or secondary managers or have oversight as heads of equity or debt
SBI Multicap Fund, an open-ended equity scheme will be investing in a mix of best ideas across large, mid, and small cap companies identified through a robust research process
Experts say if oil prices continue to rise, India's valuation premium-to-EM peers could narrow further
Avinash Satwalekar, currently is the country head of Malaysia and will relocate to India as president - designate effective April 1, 2022.
This comes despite stocks such as PB Fintech (Policybazaar) and One 97 Communication (Paytm) trading below their issue price
Market participants say there will be volatility in the equity markets, and one should continue to invest in a disciplined manner