Page 11 - Mutual Funds Industry

MF investment universe witnesses sizeable churn due to corporate defaults

Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced, shows the latest data from the Association of Mutual Funds in India

Budget 2019: MFs want reversal of LTCG tax; seek clarity on toxic assets

MF industry wish list also features clarity on segregated toxic assets

Sebi likely to limit MFs' exposure to corporate groups to mitigate risks

Norms related to loan-against-shares model can be tweaked to deal with promoters with high levels of pledging

In charts: Mutual fund winners and laggards in FY19 March quarter

Among individual fund houses, SBI MF was the biggest gainer in absolute terms

High costs, poor distribution reach hobble foreign asset managers in India

MF business a difficult wicket for foreign players

MF industry adds 3.2 million members in last one year on awareness campaign

The industry had launched the first leg of its very ambitious investor awareness campaign

Cash levels at MFs remain below one-year average level of 4.3% in December

The benchmark Sensex gained 28 per cent in 2017, while the broader markets rallied even more

MFs raise bets, foreign institutional investors trim exposure in BSE 500

In the three months to December, MFs had invested Rs 240 billion in domestic stocks, whereas FII buying was relatively muted at Rs 83 billion

Over a quarter of equity mutual fund assets in top 10 stocks list

The list has largely remained unchanged over the past one-year period

Mutual funds' AUM dips 6% in December at Rs 21 trn

Yield on govt's 10-year bond, which was hovering around 6.48% in early September was on a gradual rise

Indian funds should focus on reducing expense ratios: Kunal Kapoor

Interview with CEO, Morningstar Inc

After Sebi's warning, MFs say there is nothing to worry

Mutual fund (MF) executives have assuaged concerns over risk management systems in the ~23-lakh crore domestic asset management industry.Recently, senior officials of Securities and Exchange Board of India (Sebi) had cautioned the sector, asking them to stay disciplined amid a gush of liquidity. Industry players say they have learnt from the bitter experience of 2008 and have far better checks and balances in place to avoid an encore.Earlier this month, G Mahalingam, Sebi's whole-time member, said at a CII conference, "We need to bear at the back of our mind that a huge amount of liquidity gush is keeping us afloat. These are good times so let us start implementing some of the good practices, principles and good disciplinary mechanisms so that we can weather bad times easily and investors continue to stay with the industry."Mahalingam, who was formerly with the Reserve Bank of India (RBI), asked the industry to focus on metrics such as minimum capital, loss-absorbing capacity, ...

MF industry AUM stands at Rs 22.79 lakh cr in Nov: Icra

In October, asset under management stood at Rs 21.41 lakh crore