Page 6 - Chirag Madia

SIP inflows cross Rs 10,000 cr-mark for first time in a month in Sept

Equity inflows stood at Rs 8,677 cr; Debt segment saw outflows of Rs 63,910 cr

Investors prefer target maturity index funds to fixed maturity plans

Lower interest rate risk and predictable returns key attractions

HDFC Mutual Fund lines up a slew of exchange-traded funds as ranking slips

In the past few years, HDFC MF witnessed continued erosion in its market share as its key equity funds underperformed

Sebi discontinues the use of pool accounts for transactions in MFs

Redemption of units held in demat, issuance of delivery instruction slip to depository participant to debit units for delivery to clearing corporations may continue

Aditya Birla AMC to launch Rs 3,000-cr IPO next week

In August, Sebi had cleared the asset manager's IPO document, which was filed with the regulator in April.

Sebi's skin-in-the-game norms: Our demands remain unmet, say MF executives

This comes a day after Sebi tweaked the compensation circular, first issued in April, mandating fund houses to pay 20 per cent of the CTC to their key employees in the form of MF units

Domestic investors' Chinese bets turn sour as Evergrande weighs

Two China-focused funds are down 11% in the past three months. In comparison, Sensex has gained over 12% during the same period

Sebi tweaks MF compensation circular ahead of implementation on Oct 1

Sebi has also replaced the nomenclature 'key employees' - used in the original circular - with 'designated employees'

Don't see any major pressure as a result of the taper: Axis MF's Sivakumar

In a Q&A, R Sivakumar says the key drivers of foreign flows in India would be the inclusion of Indian bonds in global fixed-income benchmarks

Non-metros help SBI MF mobilise record sum in Balanced Fund NFO

Over two-third was collected from beyond the top 8 cities; jump in average ticket size plays its part

Sachin Bansal's Navi MF files documents for 4 new passive funds

During past two months, fund house has filed 14 schemes, all passive. In August, it had filed seven offer documents with Sebi in a single day

IDFC to look for suitors again for its Rs 1.26 trillion MF business

Existing fund houses, MF aspirants could show interest

Zee Entertainment institutional investors want clarity from Invesco

Will support fund's stand, if well defined

MF overseas assets jump 3.7x to $2.8 bn in FY21, shows RBI data

Foreign liabilities rise by 50% to $14.5 bn; increase follows a sharp rally in global stocks and growing preference among domestic investors to park in foreign assets

ICICI Pru MF and Aditya Birla MF launch bond index funds

ICICI Pru NFO open between September 16-27, that of Aditya Birla Sun Life between September 15-23

Samco MF to use six 'stress tests' for picking stocks before investing

Some of the tests include, cash flow stress, balance sheet and debt stress, and regulatory stress, fund house will initially launch a flexicap scheme followed by a global active fund and an ELSS

Dilemma for investors as large-caps pip smaller stocks in August

Over the past month, mid-cap and small-cap funds have given average returns of 4.9% and 3.5%, respectively

We'll follow rule-based active investment style: Rajiv Shastri of NJ AMC

The CEO of an asset management company run by the country's largest MF distributor talks about how the fund house plans to create a niche and avoid conflict of interest

Record SIP numbers bring cheer to mutual fund industry

Monthly SIP book nears Rs 10,000 cr, new SIP registration & AUM hit record highs

Zerodha gets in-principle approval from Sebi to start mutual fund business

In February 2020, the broking company had applied for the AMC license