Page 4 - Mutual Funds Industry

MF licence aspirant list swells with new wave of AMCs ready to roll

New applications serve as launchpad for diversifying business and expanding capital market reach

Shopping spree: Domestic investors step up as foreign counterparts exit

In a show of strength, DIIs have made their three largest single-day purchases in October, injecting liquidity into the market amidst FPIs' exodus

New asset class may take wing; decision likely at Sebi meeting on Sep 30

Board meeting on Sep 30, first since conflict of interest allegations against chairperson

Bank FDs sahi hai: Why fixed deposits may be better than debt mutual funds

The returns may be similar, but there is nothing better than bank FDs when it comes to safety - the principal is safe, at least in scheduled commercial banks, given how Indian banks are regulated

ICICI Prudential Banking & PSU Debt Fund: A good mix of safety and yield

In the past three years, the fund has maintained a predominant allocation to non-convertible debentures (NCDs) and bonds of financial institutions

Focused MFs' asset base rises 31% to Rs 1.43 trillion in April-June qtr

Focused mutual funds, which invest in a concentrated portfolio of stocks, are gaining traction among investors with the asset base of the category growing to Rs 1.43 lakh crore in three months ended June 2024, marking an increase of 31 per cent from a year ago. Interestingly, some of the focused funds offered by the mutual fund houses such as Invesco India Focused Fund, Mahindra Manulife Focused Fund, JM Focused Fund and HDFC Focused 30 Fund delivered a remarkable return of 40-60 per cent in the past year, industry data showed. Focused funds are a type of mutual fund where the fund manager selects a concentrated portfolio of stocks, typically limited to a maximum of 30 due to regulatory constraints. This requires the fund manager to be highly skilled in stock selection, as they need to identify the best investment opportunities across the market without bias toward any specific market cap or sector. According to data with the Association of Mutual Funds in India (Amfi), the assets

Sebi's new asset class proposal: How far can it quench risk-taker's thirst?

Currently, there is no structured product available to those who have a negative outlook. This drives them to derivatives, where only one out of 10 investors makes profits

Mutual funds industry seeks greater leeway for the new asset class

'Easier concentration norms, higher leverage, and approval for securities currently outside MF scope'

KFintech stock up 23% in 6 days post Q1 results; Jefferies retains Buy call

The company gained significant traction in new contract sign ups in the fast-growing business lines of global fund services, alternatives and wealth, fund administration, and technology solutions.

Sebi considers new product category between mutual funds and PMS

Sebi move aimed at filling product gap, curbing inflow into unauthorised investment schemes

Mutual fund equity folio additions surge to record high in June 2024

Eleven equity new fund offerings (NFOs) ended last month, cumulatively mobilising Rs 14,370 crore

Debt outflows offset by equity boom: Mutual funds cross Rs 60 trillion mark

Within the equity fund category, multicap funds experienced 78% rise in inflows to Rs 4,708.57 crore, while investments into largecap funds increased by 46% to Rs 970.49 crore.

Sebi issues showcause notices to Hindenburg Research, five others

Alleges Hindenburg disclosures misleading

Loan against MFs: Opt if portfolio growth set to outpace loan rate

The Mutual Funds offered as collateral must be held in demat format

DSP MF cautions investors against lumpsum investment in infra fund

Says the valuations can lead to volatility, despite robust long-term outlook

Mutual funds industry adds 8.1 mn new investor accounts in Apr-May FY25

The mutual fund industry has added over 81 lakh investors' accounts in the first two months of the current fiscal (FY25), mainly due to consistent marketing efforts, celebrity endorsements and dedicated work of the distribution network. Additionally, changing perceptions about fixed deposits, which no longer offer competitive returns compared to mutual funds, and the rise in income levels and accessibility to financial markets have also contributed to the rise in new investors, Trivesh D, COO of stock trading platform Tradejini, told PTI. Going ahead, the outlook for mutual fund folios remains strong, supported by the ongoing bull run in the stock market, solid risk management practices, continuous investor education, and consistent marketing efforts, he added. Moreover, the industry will continue to see decent growth as savers increasingly look for alternative avenues to create wealth for their long-term goals, experts said. "As India's per capita income grows, investors will look

MFs invest Rs 1.3 trn in equities in 2024 on strong market performance

Mutual funds (MFs) showed strong confidence in Indian equities this year, injecting around Rs 1.3 lakh crore, driven mainly by significant retail investor interest and the robust performance of the stock market. Mutual funds, which manage long-term wealth for domestic investors, prioritise the Indian market's underlying growth potential and are less rattled by short-term events like elections, which allows them to keep investing in equities, Tradejini COO Trivesh D said. Additionally, the growing interest in systematic investment plans (SIPs) on the back of astonishing compounding stories by influencers and industry veterans has perked investors, who otherwise wish to stay away from the markets, to start participating through these mutual funds, he added. According to the data from the Securities and Exchange Board of India (Sebi), MFs invested Rs 26,038 crore in the first fortnight of the ongoing month and Rs 20,155 crore in April. Moreover, the highest MF buying for 2024 was ...

Election-related market volatility: Time for MF investors to start SIP?

Mutual fund investment strategy: Mutual fund investors, meanwhile, have been rejigging their portfolios amid a surge in equity volatility

45 million and counting: The unique rise of mutual fund investor

Revival on two fronts: Index surge by 25% in FY24, propelled by strategic fund launches and marketing blitz

Mutual fund equity buying tops Rs 1 trillion for 2024, shows data

The elevated equity market deployment in April indicates sustained inflows into equity schemes despite volatility