Page 3 - Mf Investors

Spreading the risk: India's MFs are now invested in nearly 1,000 companies

AUM rose to Rs 48 trn in September, with over half of the money invested in equity funds

Nearly 50% of equity investors redeem their MF investments within 2 years

The majority 59 per cent of investors still consider past performance as one of the key benchmarks for investing in mutual funds.

Explained: What instant settlement cycle will mean for markets, investors

Instant settlement refers to the process where the transaction of buying or selling shares or units is processed and completed immediately

Investors prefer small-cap mutual funds; net inflow Rs 11,000 cr in Q1FY24

Mutual funds focused on small-caps have emerged as the winner with a net inflow of close to Rs 11,000 crore in April-June quarter, as fund managers struggle to create alpha in the large-cap space, and the trend is expected to continue for some time. On the other hand, large-cap space, which is yet to pick up momentum, witnessed an outflow of Rs 3,360 crore during the quarter under review, data from the Association of Mutual Funds in India (Amfi) showed. Apart from the June quarter, small-cap funds logged an inflow of Rs 6,932 crore in three months that ended in March. "The strong rally witnessed in the mid and small-cap indices in the last few months, and the fact that it is becoming difficult to create alpha in the large-cap space can be the reasons for the huge inflows into smallcap funds" Himanshu Kohli, Co-founder, Client Associates, said. The huge inflows into these funds have made fund managers more cautious in their stock selection as the valuations have become stretched, he

Why individual investors' share in mutual funds assets is surging

Nearly six rupees out of every ten in individual MF investments are in equity schemes

MFs see 8.5 mn new millennial investors in FY19-FY23 on awareness campaign

Mutual fund industry witnessed an influx of 84.8 lakh new millennial investors in the last five financial years (FY19- FY23), cornering 54 per cent share of the new investor base, on the back of massive awareness campaigns, conducive market conditions and digital access, according to a report by CAMS. Apart from these factors, simplified KYC and concerted intermediation and advisory too encouraged new millennials to invest in mutual funds. Overall, 1.57 crore new investors joined the industry between 2018-19 and 2022-23, as per the report released by mutual fund transfer agency Computer Age Management Services (CAMS) on Thursday pointed out. According to the report, millennials have been the dominant segment among the new investors who entered mutual funds in the last five years with their share percentage peaking to 57 per cent in FY20. "Despite the market volatility and uncertainty through FY23, investors' confidence to enter mutual funds remained sound and millennials continued

Women account for a fifth of total mutual fund investors, shows data

In the last three years, there has been a jump of 1.3 million women investors, each, from B30 and T30 cities

In changing investment geography, 'other cities' share in MF assets rises

Their share is six times higher than it was in March 2012

Mutual fund investors get time till March 31 to nominate beneficiary

Existing mutual fund investors have time till March 31 to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen, and they will not be able to redeem investment. The Securities and Exchange Board of India (Sebi), in its circular on June 15, 2022, made it mandatory for mutual fund subscribers to submit the nomination details or declaration to opt out of the nomination on or after August 1, 2022. Later, the deadline was extended to October 1, 2022. The deadline for all the existing mutual fund folios, including jointly-held ones, was set as March 31, 2023, failing which the folios will be frozen for debits. Explaining the rationale behind the Sebi's move, Anand Rathi Wealth Ltd COO Niranjan Babu Ramayanam said that many investment accounts in the past have been opened without nominating anyone to whom the assets should be transmitted in case something happens to the account holders. This means that the rightful heirs had ..

Profit booking shrinks equity MF inflows in November to 21-month low

Redemptions rise 60% month-on-month to Rs 26,030 crore in November, the highest since September 2021

If investment review shows decline in international allocation, restore it

Lock into attractive yields being offered by target maturity funds of three-five-year maturity

Investors pull out big money from debt funds despite attractive yields

Fund managers and MF distributors expect net inflows to turn positive after completion of rate hike cycle

Subdued equity market slows mutual fund penetration, shows data

Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions

SIP account redemptions rise to 11-mth high as investors dip into savings

Investors pulled out around Rs 6,580 crore from their SIP accounts in MF schemes for the pre-festive splurge

MFs see rise in redemption pressure amid spike in inflows across categories

The comparatively high growth in outflows has weighed on the net inflows in equity and hybrid schemes between June and August

Modest traction for MF Central in first year, phased rollout cited

The common platform for MF transactions logs 350,000 registrations and 10,000 monthly logins

Mutual funds, DIIs turn net buyers as market falls; FPIs net sellers

Foreign investors pull out Rs 12,000 crore after pumping in Rs 60,000 crore in July, August

Prashant Jain, MF industry's poster boy, quits HDFC AMC after 19-year stint

Jain, an alumnus of IIT Kanpur and IIM Bangalore, has been replaced by Chirag Setalvad

MFs invest in fewer companies in June after portfolios hit multi-year high

Drop in number of firms invested in comes even as MFs' overall holding in stock market has been rising

MF industry AUM hit 11-month low, stocks of 4 firms underperform

The mutual fund industry - which makes money managing assets - has seen zero growth in 11 months.