Page 17 - Mutual Funds

Market regulator Sebi sets 30-day deadline for NFO corpus deployment

Change comes amid criticism around surge in new offerings by asset managers

Does having SIP date make any difference to the long-term wealth creation?

Experts suggest rather than chasing the perfect entry point, investors should focus on staying invested, increasing contributions over time, and sticking to their financial goals

SBI Mutual Fund buys shares of Alkem Laboratories for Rs 300 crore

SBI Mutual Fund on Friday bought additional shares of pharmaceutical company Alkem Laboratories for Rs 300 crore through an open market transaction. According to the block deal data available on the National Stock Exchange (NSE), SBI Mutual Fund acquired 6.41 lakh shares or 0.54 per cent stake in Mumbai-headquartered Alkem Laboratories. The shares were picked up at an average price of Rs 4,680 apiece, taking the transaction value to Rs 300.32 crore. After the stake buy, SBI Mutual Fund's holding in Alkem rose to 2.7 per cent from 2.16 per cent. Meanwhile, Samprada & Nanhamati Singh Family Trust (related to Alkem promoters) offloaded the same number of shares of the company, showed the data on the NSE. On Friday, shares of Alkem Laboratories fell 2.54 per cent to close at Rs 4,600.05 apiece on the NSE.

Addressed root cause behind NFO frenzy, open to more steps: Sebi's Buch

Sebi chief calls upon Amfi for guidance on the issue

DSP MF launches Nifty Private Bank Index Fund, will track 4 pvt lenders

DSP Nifty Private Bank Index Fund presents tax-efficient way to access private banking sector without investing directly in such stocks, says company

Value MFs attract Rs 1,556 cr inflow in Jan; outlook remains optimistic

Investor confidence in value mutual funds remains robust, with the category witnessing an inflow of Rs 1,556 crore in January, indicating a shift in their focus towards fundamentally strong yet undervalued stocks. This represents a slight increase from the Rs 1,514 crore inflow registered in December, according to data from industry body Association of Mutual Funds in India (Amfi). However, despite the inflow, assets under management (AUM) in this category declined from Rs 1.88 lakh crore in December to Rs 1.83 lakh crore in January. This decline in AUM highlights some challenges, but the outlook for value funds in 2025 remains optimistic. Santosh Joseph, Co-founder and CEO of Germinate Investor Services, said the future of value funds will largely depend on sectoral trends and macroeconomic conditions. "The key sectors that drove the value fund rally in 2023 and 2024, including metals, real estate, construction, capital goods, PSUs, and manufacturing, are expected to maintain the

Bandhan MF launches Nifty Next 50 Index Fund for growth-focused investors

Index will give investors access to 'well-established companies in high-growth phase', says fund house

Sebi platform MITRA to help investors trace inactive mutual fund folios

Digital facility will help investors who have over time lost track of subscriptions due lack of updated contact information, other reasons

Equity MFs rake in Rs 39,688 cr in January despite market volatility

Thematic funds get highest net inflows at Rs 9,017 cr, followed by smallcaps at Rs 5,721 crore

Union Mutual Fund launches two new schemes for structured gold investments

Benchmark for both schemes is domestic price of physical gold; NFO open till February 24

Debt MF outlook: Divide portfolio between long- and low-duration funds

The Indian economy requires rate cuts and a supportive monetary policy to sustain growth, which is slowing

Mutual Fund activity picks up in corporate bond market, shows data

Strong inflows lead to Rs 1 trillion rise in MF exposure in 2024

Nippon India Mutual Fund set to launch Nippon India Active Momentum Fund

Invesco Mutual Fund on Thursday announced the launch of Invesco India Business Cycle Fund, a scheme that will invest in equities with a focus on riding business cycles through dynamic allocation

Correction in stock prices of AMCs turns risk-reward more favourable

The recent correction in AMC stocks follows a sharp rally driven by record gains in assets under management (AUMs), fuelled by the equity market surge, particularly among leading AMCs

Several companies turn to mutual funds to help finance acquisitions

Trend is expected to grow as firms explore alternative debt sources

Chennai Petro, HEG, Nuvama among top MF buys in Dec quarter; tech view here

Technical charts suggest that HEG stock is likely to witness another 25 per cent fall from present levels; while Nuvama Wealth could witness a relief rally towards Rs 6,125.

SBI Mutual Fund launches SBI Nifty IT Index fund: NFO Opens on February 4

This NFO will open for subscription on February 4, and will close on February 17

Sebi mulls combo product of term life insurance, mutual funds for investors

Capital markets regulator Sebi is planning to come out with a new combo product under which mutual funds can pair investments with life insurance, its chief Madhabi Puri Buch said on Friday. She, in an event organised by ICAI, revealed that the regulator will soon come out with a consultation paper on the proposal. Currently, many financial products already bundle insurance and investment options together. Sebi is working on a new product under which investors will have an option to pair mutual fund investments with life insurance. The product is central to the regulator's mission of expanding financial access, especially in underserved areas. Buch, whose three-year term ends on February 28, explained that the initiative seeks to address the needs of investors, particularly in rural areas, where there is a significant potential to grow systematic investment plans (SIPs), but the current value of investments remains low. Through this product, she hopes to provide a more attractive,

Value mutual funds see Rs 22,757 cr inflow in 2024 on impressive returns

Value mutual funds have witnessed robust investor interest, garnering Rs 22,757 crore in inflows in 2024, nearly double the amount seen in 2023, fueled by impressive returns generated by the segment. This surge reflects a shift in investor focus towards fundamentally strong yet undervalued stocks. On average, value mutual funds delivered returns of over 21 per cent in 2024, with a nearly 20 per cent return over the past three years, the industry data showed. Looking ahead to 2025, it is expected that value mutual funds will continue to capture attention, particularly amid global uncertainties, Trivesh D, COO of stock trading platform Tradejini, told PTI. He highlighted that factors such as likely RBI rate cut and geopolitical shifts, including US policies, could shape investor sentiment. In terms of inflows, the total amount into value mutual funds reached Rs 22,757 crore in 2024, a significant increase from Rs 11,927 crore in 2023, according to the Association of Mutual Funds in

Domestic funds' stake in this stock up over 2900% in FY25; check full list

DIIs have doubled their shareholding, in terms of absolute number of shares held, in 46 out of the Nifty 500 companies in the last nine months, shows ACE equity data.