Some believe this will provide fund managers greater flexibility to navigate market volatility during periods of uncertainty, while others say the move could introduce complexities
Motilal Oswal Alternates closes its sixth real estate fund, raising Rs 2,000 crore to focus on mid-income residential development, meeting rising demand from urban homebuyers
The BSE 500 Momentum Index Fund is an open-ended scheme replicating the BSE 500 Momentum 50 Total Return Index
Markets regulator Sebi on Friday proposed to review the categorisation of mutual fund schemes in a bid to improve clarity and address the issue of overlap in portfolios of schemes. The proposal came after Sebi noted a significant overlap of portfolios in some schemes and felt the necessity to introduce clear limits to the industry to avoid schemes with similar portfolios. In its consultation paper, Sebi suggested that mutual funds should be permitted to offer both Value and Contra funds, subject to the condition that no more than 50 per cent of the schemes' portfolios would overlap at any point in time. The overlap condition should be monitored at the time of New Fund Offer (NFO) deployment and subsequently on a semi-annual basis using month-end portfolios. In case of a higher-than-permitted overlap, the Asset Management Company (AMC) should rebalance the portfolios within 30 business days. An extension of up to an additional 30 business days may be obtained from the Investment ...
India's 10-year benchmark bond yield, which fell to 6.13 per cent on June 6, closed at 6.31 per cent on July 15
Nippon India Nifty 1D Rate Liquid ETF is an open-ended exchange-traded fund that aims to replicate the performance of the Nifty 1D Rate Index
Fund managers acquired shares worth ₹10,500 crore in Asian Paints, with SBI MF and ICICI Prudential MF leading the purchase of a nearly 5 per cent stake sold by Reliance Industries
Flexicap funds suit investors who prefer to delegate market-cap allocation decisions to a professional
Non-residents have tax deducted at source in India, along with potential taxation in their home countries
Capitalmind Flexi Cap Fund will track the Nifty 500 TRI, which is also tracked by most of the other flexi-cap funds
Groww BSE Power ETF: The investment objective of the scheme is to generate long-term capital growth by investing in securities of the BSE Power Index in the same proportion
₹15.6K cr floods in as tax reset, fund blitz, and asset bounce rewrite the playbook in Q1
The digital tax era promised ease - pre-filled returns, real-time data, and seamless reporting
Fund houses have launched debt-arbitrage FoFs to attract investors in higher tax brackets
This theme can underperform during strong rallies in domestic markets
AMC stocks India: UTI Asset Management Company (UTI AMC) shares hit a record high of ₹1,428 per share on the BSE, rising 6.3 per cent in the intraday trade
Net equity MF inflows rose to Rs 23,587 crore in June as redemptions fell; SIPs hit record Rs 27,269 crore, pushing mutual fund industry AUM to Rs 74 trillion
The net inflow into equity mutual funds surged 24 per cent to Rs 23,587 crore in June, reversing the declining trend of the last five months, driven by strong equity market performance across segments, data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 52nd consecutive month of net inflows into the segment. Additionally, a healthy growth was witnessed in SIP (Systematic Investment Plan) inflow at Rs 27,269 crore during the month under review, an increase from Rs 26,688 crore in May. "There is confidence amongst retail investors which is reflected through the incremental flows, this is very healthy and positive for the industry and Indian markets," Akhil Chaturvedi, Executive Director & Chief Business Officer of Motilal Oswal AMC, said. According to the data, equity-oriented mutual funds saw an inflow of Rs 23,587 crore in June, way higher than the Rs 19,013 crore inflow seen in May. This was .
Franklin Indian Multi Asset Allocation Fund will aim to generate long-term capital appreciation by investing in equities with a blend of growth and value strategies
The net inflow into equity mutual funds surged 24 per cent to Rs 23,587 crore in June, reversing the declining trend of the last five months, data released by the Association of Mutual Funds in India (AMFI) on Wednesday showed. Also, the latest fund infusion by investors marks the 52nd consecutive month of net inflows into the segment. According to the data, equity-oriented mutual funds witnessed an inflow of Rs 23,587 crore in June, way higher than the Rs 19,013 crore inflow seen in May. This was the first increase in net equity fund inflows after five straight months of decline. The net inflows continuously declined from Rs 41,156 crore in December to Rs 39,688 crore in January, Rs 29,303 crore in February, Rs 25,082 crore in March, and Rs 24,269 crore in April. Prior to this downward trend, inflows stood at Rs 35,943 crore in November. On the other hand, debt funds registered a net outflow of Rs 1,711 crore in the month under review compared to a Rs 15,908 crore outflow in ...