Page 10 - Mutual Fund Industry

MFs' exposure to NBFCs down 30% in 15 months since IL&FS crisis broke out

Fund houses have particularly pruned exposure to troubled NBFCs

Mutual fund houses approach Sebi with 125 new schemes in 2019 so far

Fund houses attributed the fewer NFOs (new fund offers) in 2019 to tepid investors' sentiment and liquidity crisis in debt funds

Asset allocation schemes yet to gain traction among mutual fund investors

According to data from Association of Mutual Funds in India (Amfi), asset allocation categories have seen net outflows of Rs 6,714 crore in the current financial year

Largecap MFs failed to beat benchmarks in the past one year: Report

Interestingly, more than 80 per cent of the actively-managed schemes in the mid- and small-cap category have managed to deliver better returns than the S&P 400 MidSmallCap Index

UTI MF opposes 42% haircut for IL&FS entity, challenges its 'amber' status

Fund house says proposal completely ignores sponsor undertaking and differentiation between secured and unsecured lenders

Indian financial sector lags in embracing climate-linked investment calls

Lack of enthusiasm to link climate issues with financial support could slow India's push for renewables and supporting technologies for low carbon pathways

Mutual fund-borrower standstill pacts not recognised: Sebi's Ajay Tyagi

As part of the 'standstill' agreement, the debt would not be declared as default, despite the drop in value of the underlying shares

India's mutual funds industry improves the global ranking on fees

The Morningstar's biennial study noted that the cost of investing in debt (fixed-income) funds was much cheaper than equity funds

Equity flows inch higher as investors pump money to make most of correction

Total flows into MFs up 13% to Rs 9,152 crore; Small-cap funds see 56% surge

MFs cheer finance ministry's move to allow Aadhar-based KYC

Industry players say decision can be key in deepening penetration levels

BS Fund Cafe: Banks obviously have NPA issue, MFs don't, say fund managers

India's leading fund managers say it is unfair to compare the fund industry's issues with the banking sector's woes

Flipkart co-founder Sachin Bansal in talks to buy Essel's mutual fund arm

After quitting Flipkart, Bansal has set up BAC Acquisitions (BACQ), which has started to look for investment opportunities in the banking, financial services and insurance (BFSI) space

Why India's biggest investors in shadow bank debt are getting cold feet

Mutual fund investments in commercial paper and bonds that mature within 90 days dropped to 3.24 trillion rupees ($46.5 billion) at the end of March, the lowest in six quarters

Mutual funds close FY19 with 11.41% rise in AUM at Rs 23.8 trillion

On a monthly basis, AUM grew 2.73 per cent from Rs 23.16 trn in February

Mutual fund industry seeks urgent meet with Sebi on expense structure

Industry says if borrowing costs are adjusted in liquid schemes, their net asset value will get negatively affected

After difficult September, mutual fund industry witnesses strong flows

Equity schemes see best month in FY19; liquid schemes see some recovery

MF industry AUM to hit Rs 50 trillion in next 5 years: Deepak Parekh

The industry has witnessed a remarkable growth of over 86% in just two-and-half years

Retail gains hold in Rs 23-tn mutual fund industry; Reliance MF profit up

Individual folios have surged nearly two-fold to 70.9 million in the last four years

Street signs: Fund managers bet on UPL, mutual fund industry, and more

The mutual fund industry saw a sharp drop - 60 per cent month-on-month - in equity inflows in March

Fundraising by equity NFOs hit 10-year high of Rs 223 billion in 2017

This essentially means that flows through NFOs are gaining momentum