Assets from B30 locations increased to Rs 4.61 trillion as of October-end from Rs 4.47 trillion at September-end, a 3 per cent growth.
The requirement that debt funds must allocate 10 per cent of their portfolio to liquid assets will improve their risk profile
In the last couple of decades, the regulator has had to constantly tinker with the guidelines but new problems have cropped up every few years
The regulator also released a detailed framework for assigning labels to various mutual fund schemes
To further enhance transparency, markets regulator Sebi on Tuesday revised disclosure requirements pertaining to debt and money market securities transactions for mutual funds. The new framework will come into effect from October 1, the Securities and Exchange Board of India (Sebi) said in circular. Now, the regulator has asked mutual funds to disclosedetails of debt andmoneymarketsecurities transactedin their schemes portfolio, including inter-scheme transfers, on a dailybasis witha time lag of 15 days in a prescribed format. At present, a time lag of 30 days has been been allowed. Under the new disclosure format, fund houses need to mention about name of the security, type of security, most conservative rating of security at thetime of transaction, if applicable,name of the rating agency and transaction type. Among others, they need to disclose aboutlisted status of security, name of mutual fund,scheme name, type of scheme, residual days to final maturity, deemed maturity date,
Fund managers and chief executives of mutual funds (MFs) were speaking during the fourth part of a series of webinars being organised by Business Standard under 'Unlock BFSI 2.0'
Private bank's mutual fund business was rudderless for while with uncertainty over bank's former leadership
Investors move towards debt, gold ETF, eyeing pockets of safety
Outflows stood at over Rs 3,500 crore in July as investors took advantage of market rebound amid Covid uncertainty
The regulator has made these changes because of amendment done in rating agencies' norms, Sebi said in a circular.
Your family could face difficulties as getting a succession certificate from court is easier said than done
Market observers say selling these two stocks were more of a tactical call following a sharp run-up in them during April
Equity market volatility, credit risk concerns impact sentiment
Share sale by fund house had led to speculation on promoters' pledged shares being invoked
According to experts, this move could delay the wind-up process of monetising the scheme assets and distributing the payouts to investors
International funds delivered 6.8% returns in one year, against large drawdowns in domestic funds
Fund managers expect yields to remain elevated at the longer-end of the yield curve in light of government's borrowing plans
Sebi data reveals transactions remained high in both March and in April
Morningstar says fund governance strong positive, bundled fee structure can be reviewed
Market regulator likely to relax 20% cap on MF borrowing