Page 4 - Mutual Fund Sector

Crossed full-year target of Rs 8,000 cr AUM by Dec quarter: PGIM MF

PGIM India Mutual Fund has crossed the full-year 2020-21 AUM target of Rs 8,000 crore by the December quarter, a senior company official has said.

Navneet Munot quits SBI MF, set to become MD & CEO of HDFC Mutual Fund

HDFC Mutual Fund on Monday said its board of directors had approved the appointment of Navneet Munot as its next managing director and chief executive officer

MFs withdraw Rs 14,300 cr in October; rebound least expected in 2020

During January-May 2020, mutual funds (MFs) made a net investment of more than Rs 40,000 crore in stock markets

Top MFs gain larger share of industry's debt pie post-Franklin wind-up

Top-five fund houses account for over 61% of industry assets

Investors seek to curb downside, with volatility hitting long-only products

In March, the ITI Long Short Equity Fund was down 0.48 per cent, as against Nifty's correction of 23.25 per cent

Foxed by market volatility, MFs hold cash to invest when the market dips

Experts say taking large cash calls can also put equity schemes at risk of underperformance, if markets bounce back instead of seeing further deep corrections

SBI MF, DSP MF open small-cap funds for lump sum flows amid correction

Lump sum investments are tactical infusions one can make at any point, based on his view. They differ from SIPs in which investments are made on a monthly basis

90% of schemes in midcap category fare better than their benchmarks

In the past three months, the Sensex is down 30 per cent, the BSE Midcap and BSE Smallcap have fallen 24 per cent apiece

Change in debt valuation norms from April 1 to impact liquid schemes

Market participants said that some volatility has already been factored in the schemes

YES Bank fiasco: Mutual funds to approach Sebi on 3-year lock-in

Nifty, Bank Nifty funds will have to sell stock after index exclusion

Survey finds 82% women prefer stocks, mutual funds for investments

The survey noted that 64 per cent women are financially confident and take investment decisions on their own

Don't shy away from money matters: Here's expert guide for women

Invest aggressively to deal with the challenges posed by a longer average life span and an often-curtailed work span

Budget proposals on DDT, personal tax not to impact MF industry: Templeton

After the Union Budget was presented on February 1, there had been some apprehensions on the growth of MF sector in the coming days

Mutual funds' asset base hits all-time high of Rs 27.85 trillion in Jan-end

The 44-player industry logged an assets under management (AUM) of Rs 26.54 trillion at the end of December, compared with Rs 27.85 trillion by January-end, representing a growth of 5%

Sebi diktat hits commercial papers; traded volume slips to Rs 34,659 crore

Experts say the Sebi rule has played a part but it is also a reflection of the funding crisis that NBFCs are going through.

As REITs, InvITs catch investors' fancy, MFs pour in Rs 12,000 cr in 2019

Fund managers infused Rs 670 crore in real estate investment trusts (REITs) and Rs 11,347 crore in infrastructure investment trusts (InvITs) last year

FEMA norms may raise investment bar on foreign-owned mutual funds

Funds will have to adhere to sectoral caps and restrictions applicable to foreign investment in Indian equities

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

Samvat 2075: MF investors' appetite for equity schemes sharply diminished

Staying put for the long-haul will mitigate volatility risks, say experts

Selling mutual funds turns less attractive for financial advisors

IFAs say the reduction in incentives, and over-regulation is making MF distribution a less attractive proposition