Page 21 - Mutual Fund
Mutual fund managers invest over Rs 2,000-crore in stocks in February
Apart from equities, fund managers invested Rs 38,830 crore in the debt markets last month
 "Mutual fund managers invest over Rs 2,000-crore in stocks in February")
MF buying trend
Infosys was a clear favourite
 "MF buying trend")
MFs raise cash levels ahead of Q3 results
Experts say raising of cash levels wasn't a sector-wide trend
 "MFs raise cash levels ahead of Q3 results")
Sebi's investment advisory guidelines face resistance
Mutual Fund distributors are not allowed to provide incidental or basic investment advice pertaining to MF schemes
 "Sebi's investment advisory guidelines face resistance")
October investor flow in equity MFs at 16-month high
Equity schemes; assets under management were Rs 5.25 lakh crore by the end of October, from Rs 5.05 lakh crore at end-September
MFs pump in Rs 1.78 lakh cr in debt mkts in Apr-Oct
Mutual fund managers have pumped in over Rs 1.78 lakh crore in debt market during the April-October period of the current financial year, primarily on account of strong participation from retail investors. Besides, they invested a net Rs 21,000 crore in equity markets during the period under review. Industry experts attributed the inflows to increased participation from retail investors and positive sentiment that was boosted after long-stalled GST Constitution Amendment Bill was passed in Parliament in August this year. As per the data released by the capital markets regulator Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 1.78 lakh crore in April-October period of 2016-17. They had pumped in Rs 2.03 lakh crore between April and October in 2015-16. For the entire 2015-16 fiscal, fund managers had put in a net amount of Rs 2.73 lakh crore in the debt market. This inflow has helped the mutual fund industry to reach over Rs 16 lakh ...
Mutual fund managers raise a toast to ICICI bank
A steep rise of nearly 15 per cent in the shares of ICICI Bank over the last week on the back of Essar deal has benefited several equity schemes with higher exposure to the private lender. ICICI Bank is the second-most sought-after stock by India's mutual funds. In a week when a benchmark index, Nifty 50, returned 1.5 per cent, equity schemes with ICICI allocation in excess of five per cent managed to do much better. These schemes not only did better than the Nifty 50, but also outperformed large-cap equity schemes. After the Essar deal, funds got excited about the banking sector in general. ICICI Bank, in particular, was the main beneficiary. According to them, similar deals are likely and much needed for the banking sector. On Monday, ICICI gained a further 2.4 per cent.
 "Mutual fund managers raise a toast to ICICI bank")
How staying invested in MF schemes via SIP pays
Most equity schemes have more than doubled their NAVs in 8 years, even if they entered at the pre-Lehman crisis peak
 "How staying invested in MF schemes via SIP pays")
IT, pharma funds offer no returns over last one year
Worst performers among category funds, but beat sectoral indices
 "IT, pharma funds offer no returns over last one year")
As Fatca comes closer, 5 mn folios risk closure
Compliance deadline with US law ends Aug 31, involving accounts with Rs 1 lakh crore in assets
 "As Fatca comes closer, 5 mn folios risk closure")
Focus on MF investor awareness, says RBI report
Welcoming the progress made by mutual fund (MF) players to extend their reach beyond the top-15 cities, the Reserve Bank of India on Tuesday said there was a need for more work on this and on investor awareness.The number of folios in B-15 cities (or top-15) rose around 45 per cent, from 14.4 million in March 2014 to 20.9 million in March 2016. For the biggest 15 cities (T-15 cities), the count increased around six per cent, from 25.2 million to 26.8 million during the same period.This indicates geographical diversification and brings stability to the sector. Efforts are needed for improving investor awareness and strengthening the integrity of market processes and investor protection, said the RBI in its Financial Stability Report (FSR) released here.A folio is a unique number given to an investor by a fund house for investing in a particular scheme.The sector witnessed increased activity beyond the top 15 cities, in recent years, which indicates an expansion of investor base, helped
Mutual fund investors stay calm on Manic Friday
Equity MFs saw spurt in investments even after Sensex plunged as much as 1,000 points
 "Mutual fund investors stay calm on Manic Friday")
PSB woes spark MF rethink
Except SBI, all other 'PSB sponsored' MFs figure low in pecking order of assets under management
 "PSB woes spark MF rethink")
Direct plans trump regular mutual fund schemes in returns
However, only 10% of retail investors opt for direct plans owing mainly to financial illiteracy
 "Direct plans trump regular mutual fund schemes in returns")
Mutual funds remain net-sellers for second straight month
Redemptions force funds to sell stocks amid market surge
 "Mutual funds remain net-sellers for second straight month")
BSE StAR MF processes over 81,000 orders in single day
In 2014, capital market regulator Sebi had allowed mutual fund distributors to use the stock exchange platform for non-demat transactions as well as for sale or redemption of these financial products
 "BSE StAR MF processes over 81,000 orders in single day")
Cost is important, but so is advice
Sebi is pushing investors towards direct plans, but only the astute investor should choose these
Equity MF inflows hit 21-month low
This was the third successive month when the flows in local equity MFs declined
Tax relief on merger of MF schemes to benefit investors
But sector doesn't see too many mergers happening in this regard