Page 8 - Chirag Madia

Aditya Birla Sun Life AMC receives Sebi's final approval for IPO

Sources say that the IPO size could be around Rs 2,000 crore

Shorter term debt mutual funds in focus as policy normalisation nears

The Reserve Bank of India (RBI) on Friday kept the key policy rates unchanged but signalled a shift towards policy normalisation.

Samco receives final approval from Sebi to start its MF business

With this, Samco, an online discount stock broker, will be the 45th player in the Rs 33-trillion MF space

SAT allows Franklin Trustee, staffers to deposit 50% of penal amount

Tribunal says balance will not be collected till pendency of appeal

Mfg, digitisation, realty to drive returns next 3-5 years: Aditya Birla AMC

The asset manager says spotting the trend during various market cycles is the key for identifying opportunities

MFs shrug off valuation concerns, step up buying as FPIs press sell button

Have pumped in over Rs 10,500 cr this month-the most since in 16 months

Sebi looking to tweak mutual fund risk management framework, says official

The framework covers aspects such as roles and responsibilities of trustees, the board, management and even key personnel of asset management companies.

New interoperable MF platform could queer the pitch for fintechs

Sebi's move has raised doubts over the role of players like Kuvera, Groww and Paytm Money. Currently, most users prefer these players for most activities that the new platform is designed to do

Sebi's new skin-in-the-game framework for MFs likely to stretch AMCs

Currently, fund houses are required to invest a maximum of Rs 50 lakh per scheme

HDFC AMC to broad-base its equity portfolio over next few quarters

Despite being one of the top players in the industry, HDFC AMC has witnessed a drop in market share in the past year

NJ India, SBI took lion's share of mutual fund commissions in FY21

The data from Amfi shows NJ India Invest maintained top spot, with gross distribution commission of Rs 874 crore, 12.5 per cent more than Rs 777 crore pocketed in FY20

ICICI Pru MF reverses some NFO applications over gaps in investor consent

Fund house says transactions reversed without any loss to customers

Sailing through floater funds in a scenario of rising interest rates

Floater funds have given returns of over 5 per cent in the last one year

Flexicap category emerges as a hot segment in Rs 11 trn equity MF space

After ICICI Pru MF's record-breaking NFO, multiple funds look to follow suit with offers

Mutual funds go on a shopping spree in June as market hits new highs

After remaining largely inactive in May, equity fund managers pumped in Rs 6,437 crore into domestic stocks

ICICI Pru Flexicap Fund collects highest ever amount of Rs 10k cr in NFO

The Flexicap fund from ICICI Prudential MF aims to follow a mix of top-down and bottom-up approach to spot opportunities in large-, mid- and small-cap spaces respectively

MFs see record SIP registrations in June at 2.13 mn on strong equity show

Market participants say under the pandemic SIPs have become a key component of investors' portfolios and even the trading class have started taking to them

Index fund investing may not get cheaper as MFs likely to avoid price war

Navi MF's move to launch Nifty 50-based index fund at 0.06% had stoked fears of price war

Nippon India MF sells Rs 217 cr worth of Reliance Home Finance shares

Three debt schemes see rise in NAVs of 2-14%

Net equity inflows drop 41% month-on-month in June to Rs 5,988 crore

Investors take money off the table as markets hit new record highs