Page 17 - Mutual Funds

Family offices AUM growth projected at 14% over next 3 yrs: Report

Family Offices in India projected for 14 per cent growth in Asset Under Management (AUM) and a 5 per cent increase in alternative investments over the next 3 years, a report said. AUM for mid to large-sized family offices in India will grow at a Compound Annual Growth Rate (CAGR) of 14 per cent over the next three years, potentially increasing by 1.5 times, a report by Sundaram Alternates titled 'From Legacy to Leadership' said. This report highlights the significant evolution of family offices as they transition from wealth preservation to a growth-focused mindset. Indian family offices are increasingly embracing alternative investments, with a projected 5 per cent increase in allocations to 18 per cent over the next three years, it said. This aligns with a global trend, where family offices allocate more than 50 per cent of their assets to alternatives, it said. The shift reflects a strategic move toward diversification, niche investment strategies, and active participation in .

Mutual funds take to factor-based investing; bridging active, passive gap

Use parameters such as momentum, company size, and volatility to construct portfolios

Capitalmind gets Sebi's in-principle approval to launch MF business

Investment management company Capitalmind Financial Services on Monday said it has received in-principle approval from market regulator Sebi to launch a mutual fund business. As a portfolio manager, Capitalmind currently manages over Rs 2,200 crore in assets under management (AUM) for more than 1,150 clients, boasting a strong annual client retention rate of 98 per cent. Since its inception, the Bengaluru-based company has doubled its AUM every financial year, driven by robust portfolio performance and steady inflows. This growth has resulted in wealth creation exceeding Rs 1,000 crore for clients in less than seven years. "Receiving Sebi's in-principle approval for a mutual fund is both an honour and a privilege. We are grateful for this opportunity and remain committed to building long-term wealth while maintaining the highest standards of regulatory compliance," Deepak Shenoy, CEO of Capitalmind, said. "We look forward to establishing Capitalmind Asset Management Company to meet

As markets rise, here is a roadmap for new investors to avoid accidents

Be mindful of risks and avoid overly aggressive fund strategies at the start of your investment journey

Market regulator Sebi to release stress test findings on equity MFs

Fund houses have started publishing their own stress test results for smallcap schemes every fortnight since March, amid concerns of "frothy valuations"

Map for new investors; Southern food charm: Top personal finance stories

Our weekly newsletter recommends how to begin investing in mutual funds and why South Indian food is not just idli-dosa

Red-hot thematic investing theme receives a 'passive' boost in July

Index funds add 1 million folios in July, 14% of total additions

Baroda BNP Paribas MF launches new dividend yield fund: Check details

New Fund Offer (NFO) will remain open from August 22 to September 5, 2024

BharatPe launches secured loans for merchants, expands credit offerings

Merchants on the fintech platform can avail of two-wheeler loans up to Rs 2.5 lakh from OTO Capital, with a repayment period ranging between 12 and 48 months

IndusInd Bank stock price surges on RBI nod for Mutual Fund business

The increase in stock price follows the RBI approval for the bank to establish a wholly owned subsidiary dedicated to asset management and mutual funds, with additional equity capital infusion.

Thematic funds emerge as largest MF category; AUM doubles in a year

Flexicap slips to the second spot, largecap to fourth

Weathering the storm: Strategies for managing risks amid market turbulence

Market volatility is inevitable; staying focused on long-term goals is key to navigating it successfully

Charticle: Mutual funds continue to lap up banking shares in July

The investment is the aggregate of total net deployment by active equity, passive and equity-oriented hybrid schemes

Equity MF schemes stockpile cash in response to sky-high valuations

July sees cash levels climb to 5.4%, up from June's 4.6%

Groww Mutual Fund lists Nifty EV & New Age Automotive ETF on NSE

This is Groww Mutual Fund's first live ETF, which is available for trading with most brokers and investment platforms

Focused MFs' asset base rises 31% to Rs 1.43 trillion in April-June qtr

Focused mutual funds, which invest in a concentrated portfolio of stocks, are gaining traction among investors with the asset base of the category growing to Rs 1.43 lakh crore in three months ended June 2024, marking an increase of 31 per cent from a year ago. Interestingly, some of the focused funds offered by the mutual fund houses such as Invesco India Focused Fund, Mahindra Manulife Focused Fund, JM Focused Fund and HDFC Focused 30 Fund delivered a remarkable return of 40-60 per cent in the past year, industry data showed. Focused funds are a type of mutual fund where the fund manager selects a concentrated portfolio of stocks, typically limited to a maximum of 30 due to regulatory constraints. This requires the fund manager to be highly skilled in stock selection, as they need to identify the best investment opportunities across the market without bias toward any specific market cap or sector. According to data with the Association of Mutual Funds in India (Amfi), the assets

Equity MF inflow drops 9% to Rs 37k cr in July over drop in fund infusion

Inflow in equity mutual funds declined 9 per cent month-on-month to Rs 37,113 crore in July owing to the drop in fund infusion in large-cap, small- and mid-cap categories. Despite the dip, the quantum of net inflows witnessed in July was the second highest flows ever received in a month. Also, this was second only to the flows of Rs 40,608 crore received in June. The latest flow also marks the 41st consecutive month of net inflows in equity funds, data with the Association of Mutual Funds in India (AMFI) showed on Friday Moreover, monthly contributions from Systematic Investment Plan (SIP) rose to an all-time high of Rs 23,332 crore in July as against Rs 21,262 crore in the preceding month. This reflects the growing financial discipline among retail investors, helping them build wealth systematically over time, Venkat Chalasani, Chief Executive, AMFI, said. Overall, the mutual fund industry has witnessed an inflow of Rs 1.9 lakh crore in the month under review as compared to an ..

India's equity MF inflows ease off record high levels in July, shows data

The sequential 9.4 per cent drop in July from the previous month was due to profit booking at record high levels

Mkt regulator Sebi notifies mutual fund norms to prevent market abuse

Fund houses to put in place whistle-blower policy, top management to shoulder more responsibilities

Mutual fund and retail ownership in listed companies at fresh high

Foreign portfolio investments declined to its lowest level in 12 years