Stewardship code is a principles-based framework that assists institutional investors in fulfilling their responsibilities to help them protect and enhance the value of their clients and beneficiaries
Foreign portfolio investors (FPIs) and mutual funds (MFs) have seen their assets under custody (AUC) grow at a much faster rate
Sebi has asked all asset management companies to publish on their respective websites a list of their group companies and those of their sponsor
On the other hand, investors pumped nearly Rs 24,000 crore in equity mutual funds during July-September 2019, a surge of 35 per cent from the preceding quarter
Market regulator clears grey area for exposures not graded by rating agencies
Fund managers say PSUs look attractive as valuations are cheap and possibility of strategic sales offers room for value unlocking
Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors
Funds will have to adhere to sectoral caps and restrictions applicable to foreign investment in Indian equities
Staying put for the long-haul will mitigate volatility risks, say experts
"As Infosys is a Nifty stock, the company is widely held in several equity schemes," said a fund manager. According to industry estimates, the stock is held in over 400 MF schemes
Industry observers say investors have looked at chance to exit amid uptick in markets
This would be subject to such investments in unlisted NCDs having simple structures being rated, secured and with monthly coupons
Industry experts say that this trend is likely to continue
Yields by large-caps jump to positive terrain in four days
It was Rs 86,000 crore a year ago
Over the past few years, markets regulator Sebi has been pushing asset management companies to reach out to small towns for increasing their assets base
In the case of China and the UK, concentration was among the lowest at 46 and 47 per cent
Many have Mutual fund assets, which are less than 5% of economic output
Sinha says funds need to win trust of ordinary people
Stock funds took in Rs 111 billion in September, the most since May, up from Rs 83 billion in August, data from the Association of Mutual Funds in India show