Page 2 - Mutual Fund Sector

Select mutual funds pull the plug on transaction charges to distributors

SBI, DSP, PGIM India among fund houses that have stopped paying the fee

Valuations elevated, but earnings growth provides comfort: Anish Tawakley

Tawakley expresses confidence in domestic cyclicals driving future performance

LIC MF chalks out growth path, aims for Rs 1 trillion AUM by 2026

With new CEO at helm, fund house to focus on performance, distribution reach

Equity mutual fund inflows hit 22-month high in January, shows data

Strong start to new calendar year with gross inflows topping Rs 50K crore; Industry AUM nears Rs 53 trn

Ageas Federal Life Insurance launches Multicap Fund in ULIP portfolio

This fund is designed to deliver returns by strategically investing in a diversified portfolio of listed companies spanning various market caps

AMCs get a revenue boost from strong retail inflows via mutual funds

Assuming 10% incremental annual inflows and market appreciation of 5-7%, AUM could continue to grow 15% in the medium term

First time in 10 years: ETF AUM growth falls behind MF industry in 2023

The last time ETFs trailed the mutual fund industry was in 2013, when the ETF AUM had declined 11 per cent despite the industry's assets growing 9 per cent

Through mutual fund lens, Adani group stocks are in line of sight

Exposure remains less than 3% in most companies

Rising markets fails to lift up new investor addition by mutual funds

MFs onboarded only 1.6 mn new unique investors in H1CY23

Charging bulls chase up mutual fund average AUM in Q1, shows data

Industry growth at 6.4% highest in seven quarters

NBFC-MFIs' assets under management to see up to 30% growth in FY24: Crisil

NBFC-MFIs' assets under management are expected to grow by up to 30 per cent in the current financial year, domestic rating agency Crisil said on Thursday. The year will also see an improvement in asset quality and profitability for the Non-Bank Finance Companies-Microfinance Institutions (NBFC-MFI) segment, the agency said. In a report, Crisil said the NBFC-MFI segment's Assets Under Management (AUM) stood at Rs 1.3 lakh crore at the end of March 2023, and the segment has the highest share in the overall microlending universe which also consists of small finance banks, universal banks and other lenders. The overall AUM is expected to have touched Rs 3.4 lakh crore for the entire microlending universe and the growth in NBFC-MFIs has outpaced the same of other lenders. The growth in the NBFC-MFIs segment has come on the back of pent-up demand for credit and increase in ticket-size of disbursements, the agency said. Crisil's senior director Ajit Velonie said the market share of ...

Select small-cap fund manager with proven expertise in this segment

As a result, small-cap funds have garnered the maximum inflows among all equity categories in March (Rs 2,430 crore) and April (Rs 2,182 crore) 2023, according to data from the AMFI

Finance Bill: How will new Mutual Fund rules impact investors from April 1?

New Mutual Fund rules: All existing investments and new investments made in debt MFs before March 31 will not be affected by the proposed mutual fund tax change

Mutual funds adopt T+2 settlement cycle for redemption payouts

Move comes two months after Sebi mandated MFs to pay investors within three days of redemption

Debt returns competing with equities: CIOs of MF houses at BFSI Summit

Naren said after a long time the need for money in the deposit market has come and we see hikes in bank deposit rates

One in two urban Indians investing more post Covid: DSP MF-YouGov Survey

45% respondents raised their investments as pandemic forced a rethink on financial health, 23% slashed it due to pay cuts, fall in risk-taking capacity, uncertainty in business and job loss

Sebi sets lower single-issuer limits for mutual fund debt schemes

Credit-risk rating based limits introduced for all new schemes; existing schemes to be grandfathered

Motilal Oswal AMC to accept fresh investments in international schemes

The AMC had suspended fresh subscriptions to these schemes in Jan after the MF industry came close to breaching global investment limit

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

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