Page 16 - Mutual Funds

LIC MF to introduce Rs 100 daily SIPs: Should you invest

The new Rs 100 daily SIP option represents a significant reduction from the previous minimum of Rs 300

LIC Mutual Fund launches Manufacturing Fund, targets Rs 60,000 cr AUM

LIC Mutual Fund on Friday launched a new Manufacturing Fund, an open-ended equity scheme, and said it is looking to achieve an asset under management of Rs 60,000 crore this fiscal. The new fund offer (NFO) will remain open for subscription till October 4 while the units under the scheme would be allotted on October 11, the company said. It also said that the scheme will be benchmarked to the Nifty India Manufacturing Index (Total Return Index). The scheme aims to provide a diversified portfolio of companies that come under the ambit of manufacturing theme, including automobiles, pharmaceuticals, chemicals, heavy engineering products, metals, shipbuilding, and petroleum products, among others, the company said. "The main objective of launching the manufacturing fund is to create wealth for the investors who will be joining this scheme and which will be mainly investing into manufacturing theme companies," R K Jha, Managing Director and Chief Executive Officer, LIC Mutual Fund told .

WhiteOak Capital Digital Bharat Fund NFO opens today: Should you invest?

The objective of the fund is to offer long-term capital appreciation by investing primarily in equity and equity-linked instruments of technology-focused companies

Post-Covid: Households shift to equities amid attractive returns

This trend is being amplified by strong returns in the equity markets in recent years, said Kotak Institutional Equities in a report

Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

The broader category, which includes offerings across equity, debt and commodities, has seen a spike in the inflows over the past two months

Momentum-based factor funds: Volatile but rewarding strategy for investors

"Factor investing is growing rapidly in India. Among factor funds, momentum is the largest and the most popular strategy," says Pratik Oswal, chief of business, passive funds, Motilal Oswal AMC

Mutual funds betting big on recently listed and new-age companies

PB Fintech and Delhivery were also among the top 15 most bought stocks, as per an analysis by Nuvama Alternative & Quantitative Research

Investors switch to safe-haven funds; flows into low-risk MFs up 70%

Inflows into flexicap funds surged to Rs 3,513 crore in August, the highest since the category was introduced in December 2020

Close irregular PPF accounts of minors, shift to MFs, long-term FDs

Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.

Mutual fund derivatives exposure nears Rs 2 trn on increased arbitrage play

Turnover share in segment under regulator scrutiny also shows signs of increase since 2018-19

Deposit mobilisation: Banks seek level playing field vis-a-vis mutual funds

Industry lobby group IBA wants govt and RBI to intervene

Quant Mutual Fund moves out of HDFC Bank months after betting big

Quant MF has managed to dominate the equity scheme performance charts in recent years, with its high-conviction bets working out well

Equity mutual fund asset boom drives surge in distributor commission

Around 2,500 MF distributors rake in Rs 14,850 cr in commissions last fiscal year

Retirement mutual funds AMC jumps 256% to Rs 29,903 cr in 5 years

Rising awareness of financial planning has fueled a 256 per cent increase in retirement mutual fund AUM in the last five years, according to a report. Factors such as rising healthcare costs, increasing nuclear families, and higher life expectancy are likely to fuel further growth in this sector, an ICRA Analytics report said. "Assets under Management (AUM) of these funds have grown by over 256 per cent in the last five years, reaching Rs 29,903 crore in July 2024, compared to Rs 8395 crore in July 2019," it said. ICRA said the growing awareness has led to a surge in the number of folios, which has increased by 17.44 per cent in the last five years to 29.36 lakh in July 2024, up from 25 lakh in July 2019. The number of schemes has also increased from 21 in 2019 to 29 in 2024. A retirement mutual fund is a specialized investment vehicle designed to provide a secure and comfortable post-retirement life. These funds invest in both equity and debt, aiming to balance wealth appreciation

Different modes of MF holdings and how are they taxed?

Profits gained from investment in mutual funds are known as 'Capital gains'. These capital gains are subject to tax

9 NFOs to launch this week: Check details before investing

With a mix of sectoral, thematic, and diversified funds, investors have the opportunity to tailor their portfolios according to their financial goals and market outlook

HDFC, Nippon, ICICI hoist the folio trophy as 40 funds chase finish line

Folio growth powered by stellar performance and strategic distribution

Passive funds are growing: How you can benefit by investing in them

Demand and supply factors have led to the preference for passive funds

ITI Mutual Fund projects to reach Rs 1 trn AUM in next five years

ITI Mutual Fund aims to reach Rs 1 lakh crore AUM in the next five years, as an increasing number of people are choosing mutual funds through systematic investment plans. ITI MF's asset under management (AUM) increased nearly 2.4 times to Rs 8,791 crore in July 2024 from Rs 3,698 crore in March 2023. Mayukh Datta, chief business officer of the AMC, said the mutual fund industry has about 4.80 crore unique PAN investors. It currently has 9.34 crore live SIP accounts with Rs 13.09 lakh crore in the AUM. He further said that as of March 31, 2024, there were 74.67 crore PAN holders in India, and 60.5 crore PAN were Aadhaar-linked. "So, we are yet to have 10 per cent of the investible population, i.e. PAN card holders, yet to come to the mutual funds universe. There is enough of runway for new investors to enter the mutual fund industry," Datta said in an interaction with PTI. He further said India remains in a golden spot on the world map, with expected growth outpacing most global ..

MFs, AIFs to gain higher weight in family office portfolios: Report

Exposure to fixed income, real estate likely could decline, says Sundaram Alternates report