Expected IPO of UTI Mutual Fund and rich valuations of life insurance companies are key triggers
Mutual fund industry saw assets and investor count touch new highs in 2016
Industry eyes Rs 20 lakh cr in 2017
L&T had declined as much as 10% in November and was available nearly 20% off its one-year high, prompting MFs to buy shares worth Rs 1,450 crore
The latest inflow has been mainly driven by contribution from income fund or debt schemes. Besides, equity ones continued to see positive inflows
In 2016, balanced schemes' assets under management rose over 50 per cent
Avoid schemes whose ratings swing too often, as it will lead to excessive portfolio churning and higher costs
Experts say these could be largely insulated if the markets turn volatile on account of global headwinds
Inflows in equity schemes remain strong despite sharp corrections and steep volatility in November
Currently, the MF industry has around 10 million unique investors
With this, the total funds mobilisation crossed Rs 38,800 crore in stock markets so far in 2016
As on Oct 31, nearly 70% of MFs' overall assets under management was in debt category, at Rs 10.75 lakh crore
The funds have given average category returns of 7% in one year, data from Value Research shows
Fund managers expect the market volatility to continue and they will invest at lower prices
Govt has decided to withdraw the existing Rs 500 and Rs 1,000 currency notes in order to curb black money
Equity schemes in the large-cap category have given an average negative return of 5.91%
Mutual fund sector, which plays an important role in development of financial system, should be liable to lower rate of GST
Mutual funds are investment vehicles made up of a pool of funds collected from a large number of investors and invest in stocks, bonds and money market instruments
The mutual fund (MF) I am investing in had a 5-Star rating when I started. The rating has fallen. Should I stop investing and switch to another fund that is a top performer in the same category?Use of ratings at the stage of fund selection can be a good starter but is not the only criterion. One should invest in funds that have consistent record and good pedigree, among other parameters. Before you take decision on continuing or switching to a new fund, if possible, try to understand the reasoning for the fund's underperformance. This is because there can be spells where the performance takes a hit because of the cyclical nature of holdings but over long term, their performance may be better.I am due for retirement in two years. I am planning to invest in Post Office fixed deposits. I also want to invest some amount in MFs. What kind of funds should I invest in for regular income? I have no pension and the interest from the FDs and the MFs will be my only income.It is heartening to s
Experts say there is need for tax parity between ELSS and other 80C products such as insurance NPS