Fund Managers

Top fund manager Roshi Jain quits HDFC AMC after four-year stint

Senior fund manager Roshi Jain, who managed over ₹1.3 trillion across key HDFC AMC schemes including the Flexi Cap Fund, has resigned and is set to join another major fund house

India Inc backs Trump's 6-monthly reporting plan; fund managers push back

India Inc leaders say six-month reporting puts less pressure on time, enabling a bigger focus on business strategy

Street Signs: Phantom trader returns, compliance burden on fund managers

A new institutional mechanism to check market abuse is expected to relax certain compliance rules for fund managers starting next month

Indian pension managers request to relax bond investment guidelines

Retirement fund managers in India have asked the Pension Fund Regulatory and Development Authority to ease the cap on the purchase of corporate bonds with a maturity period of less than three years

Fund managers lapped up IT stocks in April after index correction

As per an analysis by Nuvama Alternative & Quantitative Research, companies in the information technology (IT) sector found favour among fund managers following a sharp correction in the IT index

Equity MF inflows seen improving in April after three months of decline

Equity MFs see higher inflows in April after a brief lull, driven by Rs 16,050 crore in secondary market buying and stable SIP flows, despite weak fund returns

Alternative investment funds tell Sebi: One exam doesn't fit all

Push for a category split in certification as clock ticks down

What fund managers bought and sold during the market's February rout?

The Nifty Midcap 100 and Nifty Smallcap 100 indices plummeted 11 per cent and 13 per cent, respectively, marking their worst decline since March 2020

Equity MFs activate battle mode, 6.1% cash reserves at the ready

The rise in cash holdings is primarily due to SBI MF, Quant MF, and Motilal Oswal MF

India ranked second-least favoured in Asia Pacific, says BofA survey

Japan remains the clear favourite in the region, followed by Taiwan

Fund managers see RBI boosting liquidity before interest rate cuts

The RBI is one of the few central banks globally that is yet to cut interest rates despite repeated calls for easing amid a slowing economy

India's top fund managers come together for new podcast on wealth creation

The podcast brings together India's most prominent fund managers and financial experts, offering rare, direct access to the minds behind some of the country's leading investment strategies.

Fund managers pare India allocation in favour of China: BofA survey

Foreign investors have taken out nearly $8 billion from Indian equities so far in October, on track to be the largest outflow since March 2020 at the peak of the pandemic fears

Global investors, fund managers struggle to keep up as India's market grows

Part of the reason for the long-term underweight has been that many investors preferred China's cheaper and dynamic market, while entry and exit costs for funds can be high in India

Biden win would benefit bonds, Trump better for growth: Morgan Stanley CIO

Over the last 12 to 18 months, investors have favored high-quality large-cap stocks that have seen earnings revisions, which in turn generated alpha for these stocks

18% of global fund managers overweight on Indian equities: BofA survey

A total of 245 panelists with $642 billion worth of assets under management (AUM), BofA Securities said, participated in the survey held between May 3 and May 9, 2024

Fund managers trim PSB exposure, see better value in private banks

MFs pull out Rs 2,500 crore in March from state-owned lenders; replough Rs 4,900 crore into private sector peers

'Single manager for commodity, overseas funds to cut costs for MFs'

Markets regulator Sebi's proposal of allowing mutual fund houses to have a single fund manager to oversee commodity and foreign investments is aimed at reducing the cost of managing the fund, a top official of Anand Rathi Wealth said on Tuesday. Sebi, on Friday, came out with a consultation paper proposing measures to support ease of doing business for Mutual Funds (MFs). In the draft paper, the regulator suggested appointing a single fund manager for domestic and overseas/commodity funds, relaxation of nomination requirement for joint holders and streamlining of prudential norms for passive schemes with respect to exposure to a single issuer within the AMC's group companies. This came after the Finance Minister in the FY24 Budget made an announcement to simplify, ease and reduce cost of compliance for participants in the financial sector through a consultative approach. "The appointment of a single fund manager for domestic and overseas/commodity funds is intended to reduce the co

19% of global fund managers bullish on India; Japan most preferred: BofA

Among markets, investors preferred India and Taiwan apart from Japan, while avoiding Thailand and China, the survey suggested.

Cash levels in smallcap mutual fund schemes swell as valuations turn lofty

Top 10 funds sitting on Rs 12,160 cr cash, up 40% from Aug '23; cash as percentage of AUM rises to 6.1%