Page 14 - Mutual Funds

Edelweiss Financial Services explores minority stake sale in MF unit

The 13th largest fund house may be valued around $700-$800 million

Adani group's stock slump puts Quant Mutual Fund in a spot, again

The fund house, which manages over Rs 1 trillion worth of assets, had the highest exposure to these stocks among the larger fund houses

Sector and thematic funds: Stay invested if you can assess prospects

Sector and thematic funds allocate at least 80% of their portfolios to stocks within a specific sector or theme

Debt MFs log Rs 1.57 trn inflow in Oct on investment in liquid schemes

Debt-oriented mutual funds witnessed a strong recovery in October, driven by investments in liquid schemes and attracting a net inflow of Rs 1.57 lakh crore after huge redemptions in the previous month. Notably, 14 of 16 debt mutual fund categories reported net inflows during the month, while medium-duration and credit risk funds maintained their trend of consistent outflows. The positive inflow boosted the asset base of debt mutual funds by 11 per cent to Rs 16.64 lakh crore in October-end from Rs 14.97 lakh crore at the end of September, according to data with Association of Mutual Funds on India (Amfi). As per the data, debt mutual funds attracted inflows of Rs 1.57 lakh crore in October, marking a sharp reversal from the outflows of Rs 1.14 lakh crore recorded in September. Within the debt fund, liquid funds led the inflows with Rs 83,863 crore, accounting for 53 per cent of the total, followed by overnight funds and money market funds with Rs 25,784 crore and Rs 25,303 crore,

Equity mutual fund schemes keep powder dry amid volatile markets

Active equity schemes held nearly Rs 1.7 trillion in cash at the end of October

October saw record investment in equity mutual funds: Here’s why

October saw a whopping investment of Rs 41, 887 crore into equity mutual funds, setting a new record even when stock markets were going through a rough patch.

Eye on monetisation, CAMS-KFintech form JV for MF Central platform

The RTAs will have equal ownership in the JV

Shriram Mutual Fund to launch industry-first multi sector rotation fund

Fund aims to invest in 3-6 sectors likely to outperform

Panel Discussion: What's the key to success on Indian turf? | BFSI Insight Summit 2024

Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies.

Equity MFs see record Rs 41,887 cr inflow in Oct on robust investment

Equity mutual funds witnessed a record inflow of Rs 41,887 crore in October, marking a surge of over 21 per cent on a month-on-month (MoM) basis, fuelled by robust investments in thematic funds. This also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors, data with the Association of Mutual Funds in India (AMFI) showed on Monday. "October's numbers are indeed phenomenal, especially given the backdrop of a steep market correction. While earlier this year, equity inflows were buoyed by strong market performance, October marked a stark reversal. "The 5-6 per cent drop in both the Sensex and Nifty was one of the sharpest in recent years, similar to what we last saw in March 2020. Despite this, retail investors have shown remarkable resilience, with inflows exceeding Rs 40,000 crore," Santosh Joseph, Co-founder and CEO of Germinate Investor Services, said. Overall, the mutual fund industry

More young adults now prefer investing in stocks over mutual funds

Significant percentage of young adults are increasingly preferring to directly invest in equity markets rather than opting for the mutual fund route, a report has said. According to the report by Fin One, an initiative of fintech brokerage firm Angel One, 93 per cent of young adults are consistent savers, with the majority saving 20-30 per cent of their monthly income. Additionally, stocks have emerged as the preferred investment choice, with 45 per cent of respondents favoring them over more traditional options such as fixed deposits or gold, Fin One, an initiative of Angel One Ltd, said in its report. As much as 58 per cent of young Indian investors currently invest in stocks, while 39 per cent favor mutual funds. Safer options like fixed deposits (22 per cent) and recurring deposits (26 per cent) see relatively lower adoption, the brokerage firm said in its report. This indicates a balanced approach between high returns and stable savings among the youth, it said. The report d

Mutual funds step up: SIPs climb ticket ladder, one rung at a time

Investor count reaches the next landing, doubling in four years

MFs tighten grip on domestic stocks; FPI-DII ownership gap narrows further

Their share in India's market hits fresh record high

Sebi mulls allaying concerns on 'skin in the game' rule for MF employees

To address concerns about the "skin in the game" rule for designated employees of mutual funds, Sebi on Thursday proposed reducing the mandatory investment percentage, applying it based on salary brackets, and excluding non-cash components like ESOPs from the minimum investment calculation. The proposals aimed at easing compliance, particularly for employees with lower CTCs and those in operational roles. At present, AMC employees such as the CEO, CIO, and fund managers are required to invest 20 per cent of their annual salary and perks in the mutual funds they manage. This amount is locked in for three years. In its consultation paper, Sebi has proposed that the "minimum mandatory investment amount may be reduced from 20 per cent and made applicable slab-wise, based on the CTC of the employees". Employees earning below Rs 25 lakh would have no mandatory investment, while those with a CTC between Rs 25-50 lakh would invest 10 per cent, those between Rs 50 lakh-1 crore would invest

Rs 100 trn AUM? Just 3-4 years away, say mutual fund CEOs at BS BFSI Summit

Heads of mutual fund companies discuss the path to reaching Rs 100 trillion in conversation with consulting editor Tamal Bandyopadhyay at the Business Standard BFSI Insight Summit

Dynamic bond funds: Outsource duration investment bets to fund managers

Some dynamic bond funds could take on higher credit risk to boost returns as there is no regulatory curb on them in this regard

Sebi asks MFs to disclose expenses, returns separately for direct plans

Asks Amfi to come up with standardised half-yearly disclosure format

Sebi allows MFs to invest in overseas schemes with India exposure

However, the scheme's exposure to Indian securities should not exceed 25 per cent

Sebi allows MFs to invest in foreign funds with Indian securities exposure

Markets regulator Sebi on Monday allowed mutual funds (MFs) to invest in overseas mutual funds or unit trusts that invest a specific portion of their assets in Indian securities. This is subject to the total exposure to Indian securities by such overseas funds not exceeding 25 per cent of their net assets. The move is aimed at facilitating ease of investment in overseas MF/UTs, bringing transparency in the manner of investment, and enabling MFs to diversify their overseas investments, Sebi said in a circular. The new framework will come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said. Also, MF schemes are required to ensure that all investors' contributions to an overseas MF/UT are combined into a single investment vehicle without any side vehicles. The corpus of an overseas MF/UT should be a blind pool with no segregated portfolios, ensuring all investors have equal and proportionate rights in the fund. "All investors in the overseas MF/U

Market regulator Sebi mulls tweaks to mutual fund NFO filing process

Move to address concerns around AMCs losing first-mover advantage due to public disclosure