Page 13 - Mutual Fund

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

Key challenge for new BSE chief: Keep NSE, rival he helped build, in check

Having spent nearly two decades at the country's largest bourse, Ramamurthy is among the early architects of NSE and understands all the cogs of the exchange wheel like only a few others

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

Banking funds could outperform if economic recovery continues unimpeded

Global factors causing a slowdown and overexposure to this sector are key risks

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

Select segments within PSU theme could outperform amid economic uptick

Public-sector banks, defence stocks could do well; PSUs exposed to commodities are at risk

Equity MFs favoured over debt funds despite negative stock mkt returns

The number debt scheme folios down 6% in 12 months to September 2022, equity MF folios have surged 21%; Passive schemes, which includes ETFs and index funds, have grown the fastest at 56%

Gifts received from non-relatives of above Rs 50,000 a year are taxable

Gifts from employer become taxable once their value exceeds Rs 5,000; bonus is also taxable

Maximise gain from market fall with value-averaging plan: Experts

The plain-vanilla SIP, however, is simple and doesn't require a lump sum

Flexicap, multicap schemes maintain large-cap skew amid global uncertainty

Large-cap companies are known to weather the market storm better, while smaller stocks tend to fall more during volatile market conditions

Top headlines: TCS Q2 net rises 8%; Nobel economics for research on banks

The firm's consolidated revenue from operations rose 18% to Rs 55,309 crore in Q2FY23 as against Rs 46,867 crore in Q2FY22

A Balasubramanian re-elected Amfi chairman, Sundeep Sikka to head ETF panel

Vishal Kapoor remains head of committee of certified distributors, Nilesh Shah and Navneet Munot stay as chief of valuation committee and equity CIO panel, respectively

Sebi gets tougher with MF industry body for dragging feet on pooling norms

Regulator also unhappy with phase-1 of two-factor authentication framework, asks Amfi for schedule and progress reports

Sebi to allow confidential pre-filing of IPO documents in Sept 30 meet

The Securities and Exchange Board of India (Sebi) is set to allow confidential pre-filing of offer documents to safeguard sensitive business information

No online transactions in MF folios with wrong phone numbers from Oct: CAMS

According to the registrar and transfer agent (RTA), the phone number and email ids can be the same only for those folios which are linked to the same PAN card.

Losing steam: Average NFO collection slumps in FY23, shows data

At Rs 260 crore, average amount mobilised per new fund offer 57% below last financial year's tally

Kotak Securities buys investment platform for advisors, MF distributors

Over 2,300 distributors use the FundExpert Fintech platform to manage mutual fund portfolios worth over Rs 15,000 crore

Equity mutual fund flows moderate in July, Maruti Suzuki on the top

The moderation in MF investments comes amid a revival in foreign portfolio investor (FPI) flows

Sebi defers implementation of MF holders' nomination rules till Oct 1

Markets regulator Sebi on Friday deferred the implementation of rules pertaining to nomination for mutual fund holders till October 1. The rules, which mandate investors, subscribing to mutual fund units, to submit details of nomination or opting out of nomination, was to come into force August 1. Now, investors, who are subscribing to mutual fund units from October 1 will have the choice of providing nomination or opting out nomination, the Securities and Exchange Board of India (Sebi) said in a circular. Asset Management Companies (AMCs) will have to provide an option to the unit holder to submit either the nomination form or the declaration form for opting out of nomination in physical or online mode as per the choice of the unit holder. In case of physical option, the forms will carry the wet signature of all the unit holders and if it is online, e-sign facility will be used instead of wet signature of all the unit holders. Besides, AMCs will validate the forms through two-fac

India's largest equity fund manager Prashant Jain to leave HDFC: Report

Prashant Jain was the longest-serving mutual fund manager in the industry, served for 28 years. With corpus crossing the Rs 1 trillion mark, he became the country's biggest equity fund manager in July