Overall, the industry's folios rose to an all-time high of 5.05 crore
Equity, debt, retirement, hybrid, and FMP are some of the themes for which mutual fund houses have filed the applications
With the stock market closing on a new high, is it a good time to start a systematic investment plan (SIP) or should one wait for a correction? It is important for investors to realise that investing through an SIP is a commitment to invest a fixed amount in a chosen fund at pre-decided intervals. In other words, SIP brings in discipline in one's investment approach and allows an investor to benefit from 'averaging'. Therefore, considering the market level before investing in SIP goes against its basic principle. For example, if one commits to invest in equity funds through SIPs for 10 years, the current market level will hardly have any impact on the end result after the completion of the time horizon. In fact, the key to success would be to stay committed to the time horizon and continue investing, irrespective of market conditions.There are a lot of times investors see their fund performing badly. How much time should one give a fund manager or a particular scheme to perform before
Growing participation from retail investors and huge inflows in equity schemes have helped in increasing the overall folio counts
Monthly flows for equity schemes are currently shown under the heads of 'equity' and 'equity-linked saving schemes'
According to AMFI data, equity schemes saw net inflow worth Rs 3,743 crore last month
Now that you can view the annual commission you pay to the distributor, make sure they truly earn the fee
Besides, equity mutual funds folio reached 3.7 crore by the end of August
They are sometimes available on the exchanges at a discount of 30-40 per cent to their net asset value
Industry expects a one-time delay as several issues pertaining to CAS yet to be worked out
Nimesh Shah, managing director & chief executive officer, ICICI Prudential Asset Management Company, answers your questions
Consolidated Account Statement to also give scheme's average total expense ratio for half-year period for each scheme's plan
Starting next month, the periodic statements provided to mutual fund investors will have to disclose commission paid to distributors or financial planners. Fund houses are lobbying with the Securities and Exchange Board of India (Sebi) to dilute this requirement. They fear it would spark an insurance-industry-like practice where investors ask for kickbacks from agents. Sources say Sebi will soon take a call on this issueChandan Kishore KantSebi, YES Bank at odds?Recently, Rana Kapoor, managing director and chief executive officer of YES Bank, said its $1-billion qualified institutional placement (QIP) failed to sail through due to the Securities and Exchange Board of India's norms. His comment seems to have not gone down well with the market regulator. According to sources, Sebi called YES Bank's investment bankers, Goldman Sachs and Motilal Oswal to understand the issue. Kapoor in an interview to a TV channel had said Sebi's two-day notice requirement acted as a hurdle.Samie ModakOnli
Market experts attributed the inflow to investment in SIPs and strong participation from retail investors
This is on top of an addition of 43 lakh folios in FY 2015-16 and 25 lakh in FY 2014-15
Well spread monsoon, better corporate results, smooth progress on GST Bill and positive data coming from US economy are the reasons
Industry experts attributed the monthly rise in assets base to inflows in income and equity categories
Mutual funds' big-bet picks pip benchmarks in 2016
Ask yourself: if you had fresh money to invest, would the new or merged fund be your first choice?
In 2015-16, fund managers had invested over Rs 70,000 crore in the equity markets