Page 3 - Mf Industry

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

Mutual fund industry's AUM pegged to touch Rs 92 trillion by 2030

Gross household investments in MFs have grown at a compound annual growth rate (CAGR) of 27.3 per cent over FY13-20

MF industry has potential to grow exponentially: HDFC AMC Deepak Parekh

HDFC AMC Chairman Deepak Parekh said India's mutual fund industry has the potential to grow exponentially as the country's MF penetration levels remain considerably low compared to large economies.

Sebi's Franklin Templeton order sends ripples across MF industry

Fund houses to review investment processes; opt for safety over returns

After mutual funds voice concerns, Sebi may ease compensation norms

People in the know said the regulator could water down the circular following challenges highlighted by the industry with regards to its implementation

ICICI Prudential Savings Fund: Conservative portfolio, consistent performer

The fund has consistently outperformed its peers (funds ranked under the low duration category in CMFR in March 2021) over the trailing periods under analysis

Mutual fund small-cap schemes increase exposure towards cyclicals sectors

The top five buys of small-cap equity funds in April were Hindustan Copper, Hathway Cable & Datacom, Lux Industries, Bharat Rasayan and Dilip Buildcon

Returns from healthcare ETFs can be highly cyclical, say analysts

Avoid over 5% exposure and have 5-7 years of investment horizon

MFs struggle to crack B30 code, shares remain in 15-17% range of AUM

Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors

Fund managers pare holdings in several blue chip stocks in March

Nine of the 10 most-sold stocks were part of the Nifty50

SBI Mutual Fund asset base crosses Rs 5 trillion-mark in March quarter

The fund house's average asset under management (AAUM) rose to Rs 5.04 trillion in 2020-21 from Rs 3.73 trillion in the preceding fiscal

Explained: What are perpetual bonds & why have new Sebi rules irked FinMin?

Sebi's new rules around mutual fund (MF) investments in these bonds have kicked up a storm

Mutual funds net sellers of Indian equities first time in 7 years

FY21 net selling of Rs 1.27 trn is highest in a fiscal year

Valuing AT1 bonds

A sudden change in the metrics will be disruptive

Mutual funds continue to trim positions in heavyweights in February

Most large MFs remained underweight on banking and overweight on capital goods

Finance ministry asks Sebi to revoke 100-year maturity rule on AT1 bonds

Revised norms to treat all perpetual bonds as 100-year tenor to be withdrawn

Additional tier-1 bond stand-off likely to spook corporate bond yields

Besides redemption pressure in debt market, it will make fund raising difficult for PSBs

Equity MFs under stress, report outflows for eighth month running in Feb

Multi-cap, focused, and large and midcap were the only three categories to see net inflows

With new players at the gates, AMCs to see stiff competition in MF space

Currently, nine requests for MF licence are being processed by Sebi

Mutual fund penetration in India among lowest, shows Jefferies report

An analysis done by Jefferies shows India's MF AUM as a percentage of GDP at 12 per cent is among the lowest and a fraction of global average of 63 per cent