Page 20 - Mutual Fund

Mutual fund assets surpass Rs 25 trillion; Rs 4.6 trillion added in 1 year

This milestone has come 25 years after the industry opened to private sector

Here are the five ways to keep a track of your mutual fund's performance

In order to arrive at the right decision, you need to choose the right metric to measure fund performance

Mutual fund managers churn portfolios, go slow on purchase of equities

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

Is your mutual fund too expensive? Avoid paying above-average fees

Investors should avoid paying above-average fees in case of debt funds and large-cap equity funds

Large-player domination not restricted to us, say mutual fund houses

India comparable with other developed markets on asset concentration in the sector, show data

Mutual funds hold trail commissions for folios without KYC compliance

According to people in the know, more fund houses could also hold back trail commissions for folios where KYC-compliance is not complete

Proportion of mutual fund votes against resolutions is at a multi-year low

Some say companies more willing to discuss resolutions with shareholders before they are brought to vote

Mutual fund industry's AUM to hit Rs 100 trillion by 2025: Mahindra AMC

At present, the mutual fund industry has an asset base of Rs 23.5 trillion

Mutual Fund's biggest names lag Nifty returns in first half of 2018

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

Mutual fund houses' cut in trail commission to hit advisors

Experts say distributors will have to rejig their future earnings projection, as they had procured the business after assuming a certain cash flow

Time to revamp your mutual fund portfolio: What you must keep in mind

Do keep the tax impact and exit load in mind before you take a decision to sell

Sebi's new rules on categorisation: 20% MF scheme names to be changed

Industry says this will affect brand recall of popular schemes

MF association urges FM and SEBI to reconsider the tax imposition

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's new expense charge regime to increase mutual fund penetration

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

MF Industry welcomes Sebi move to abolish extra commission for distributors

According to sector officials, the move will help to bring 30 cities on a par and arrest the churn rate in these regions

MF inflows: Don't stop SIP till you need money, say fund managers

What should the country's mutual fund (MF) investors, with in-built high return expectations, do in 2018? Given that fund managers do not expect a repeat of 2017 in terms of high return?It is a year marked by election schedules and likely to be quite volatile, due to domestic and global factors. And, say fund managers, investors must not stop their Systematic Investment Plans or SIPs in uncertain times. They should do so only when they need money, not otherwise."The years before have rewarded investors well. However, there should not be any question of stopping SIP till one needs the money. I believe markets will be more volatile in nature but one must continue with the discipline of investing through SIP mode," says Sunil Singhania, global head of equities at Reliance Capital.With a little over 18 million SIP accounts, the monthly flow to MFs through this mode of investment is about ~60 billion. This is sixfold increase against the sub-billion inflow after the 2008 crisis. SIP, in ...

Mutual fund folio count rises 9.5 mn in 8 months to all-time high of 65 mn

Experts said that a sharp rally in markets and low interest on deposits attracted more investors towards mutual funds

MFs cash in as public sector banks rally

Sell shares of SBI, PNB and BoB worth Rs 1,600 crore in October amid rally following recap announcement

Mutual fund equity folios at all-time high, with 7.5 mn new ones this year

Mutual fund (MF) equity folios are at an all-time high of 46.63 million, with 7.6 mn additions this year till now. The earlier peak, of 41.1 mn, was in 2009.The equity segment is dominated by individual and non-wealthy investors, termed retail in sector parlance. It now accounts for three-fourth of all folios.This year has seen one of the fastest pace of equity additions despite key stock indices trading at lifetime highs. At this pace, MFs are likely to surpass the 50-mn mark by the end of the financial year.Sundeep Sikka, chief executive officer (CEO) at Reliance Nippon MF, says, "A strong MF wave has begun. Investors are increasingly accepting these as investment vehicles. I believe systematic investment plans (SIPs) are the best way to invest. The good part is investors are realising the importance and potential of investments through this mode. India has a great potential and the fund sector has still a lot to tap."The number of SIP accounts is nearly 17 mn. Monthly investment ...

Sebi sets 5 broad categories for MF schemes; defines large cap, mid cap cos

Categories include equity, debt, hybrid, solution oriented; fund houses will have to carry out necessary changes within a maximum period of two months