Mutual fund investors, especially those who came in during the recent bull run, need to remember that such downturns are part and parcel of equity investing
The total asset base of all the fund houses put together was Rs 21 trillion in July-September 2017
Fund houses making minimal profits to feel the pinch
While investors were already nervous with some schemes' exposure to IL&FS papers, the recent sharp spike in yields of some highly-rated papers has added to their worries
Expenses of direct plans set to fall further as distributors' costs will have to be borne by schemes
This milestone has come 25 years after the industry opened to private sector
In order to arrive at the right decision, you need to choose the right metric to measure fund performance
Experts suggest that gross inflows have slowed down as wealthy investors, who are more sensitive to market swings and volatility, have started churning their portfolios
Investors should avoid paying above-average fees in case of debt funds and large-cap equity funds
India comparable with other developed markets on asset concentration in the sector, show data
According to people in the know, more fund houses could also hold back trail commissions for folios where KYC-compliance is not complete
Some say companies more willing to discuss resolutions with shareholders before they are brought to vote
At present, the mutual fund industry has an asset base of Rs 23.5 trillion
Axis Long Term Equity (Jinesh Gopani) is the only fund to have delivered a positive return in the first half, though it still lagged the Nifty
Experts say distributors will have to rejig their future earnings projection, as they had procured the business after assuming a certain cash flow
Do keep the tax impact and exit load in mind before you take a decision to sell
Industry says this will affect brand recall of popular schemes
Association of Mutual Funds in India (AMFI) has already sent representations to the finance ministry and capital market regulator SEBI in the regard, the official said
Sebi permitted an additional 30 basis points of extra expenses to be charged to a mutual fund to incentivise distribution of such products in all cities
According to sector officials, the move will help to bring 30 cities on a par and arrest the churn rate in these regions