Page 20 - Mutual Funds

Economy strong but equities face near-term challenges: ICICI Pru MF

The recent correction in the equity market, according to the asset manager, has eased multiples to an extent but valuations still remain high, especially in the midcap and smallcap space

Bet on quality funds amid slowing economic growth, market turbulence

Quality indices, such as the Nifty 500 Quality 50 Index, are built by filtering stocks from the parent index based on their quality score

Mutual funds raise Rs 1.18 trn via NFOs in 2024; thematic funds lead

Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to a report by Germinate Investor Services Research. This was higher than 212 NFOs collecting Rs 63,854 crore in 2023 and 228 NFOs garnering Rs 62,187 crore in 2022. The NFO landscape expanded from 81 offerings in 2020 to 239 in 2024, besides, the funds raised through the space more than doubled from Rs 53,703 crore in 2020. The trend suggests a strong growth trajectory and heightened investor confidence. Usually, NFOs come during a surging market when investor sentiments are high and optimistic. The NFOs were floated to capitalise on the mood of investors and attract their investment as they were willing to invest at that time. Industry experts said the stock market performance along with the positive investor sentiments led to higher fund mobilisation through NFOs in 2024. In the entire

Sebi revamps mutual fund, demat nomination to reduce unclaimed assets

The regulator has also issued detailed guidelines for nominees to act on behalf of incapacitated investors

Equity MFs cap strong 2024 with near-record inflows in December

SIP contributions hit Rs 26K crore for first time

Aggressive hybrid funds: Cope with mkt volatility, benefit from rate cuts

If interest rates decline, the bond component of these portfolios could generate capital gains. Conversely, rising interest rates may cause short-term losses

2024's record NFO success continues into 2025 with strong momentum

The other new launches include Mirae Asset Smallcap Fund, Bandhan Nifty Alpha Low Volatility 30 Index Fund, Kotak Nifty Smallcap 250 Index Fund and UTI Quant Fund.

ASK Investment Managers, Monarch Networth apply for mutual fund licence

While Monarch Networth Capital filed its application on December 31, 2024, ASK Investment Managers had applied in October 2024

Large-cap cut-off surpasses Rs 1 trillion as 11 new stocks join the list

These midcap stocks that have earned an upgrade include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India and Info Edge

WhiteOak Capital Mutual Fund NFO focuses on the quality factor theme

The New Fund Offer (NFO) is available from January 8 to January 22, 2025. It will primarily focus on equity investments, with limited exposure to debt and REITs/InVITs

Risk appetite: How Indians are diversifying their savings portfolios

Expectedly, urban households display a greater inclination to adapt their investment choices to dynamic economic conditions

A break-tape stumble can't halt mutual fund AUM sprint to finish

39% home stretch boost powers AUM to Rs 68.6 trillion

HDFC Bank to acquire up to 9.5% in Kotak Mahindra and AU, Capital SFBs

RBI has given approval to HDFC Bank and its group companies to collectively acquire up to 9.5 per cent of paid-up share capital or voting rights in Kotak Mahindra Bank, AU Small Finance Bank

China's central bank warns mutual funds against feeding bond frenzy

The pressure on fund managers comes as Beijing faces the daunting task of reviving consumption and the economy after a real estate crisis put a damper on growth

What are arbitrage funds: All you need to know before investing?

Arbitrage funds use a system-driven approach with algorithms to swiftly identify and execute arbitrage opportunities, ensuring efficiency and eliminating the need for manual intervention

Cosmea Financial gets Sebi nod for MF foray; UTI MF launches quant fund

ITI Asset Management Limited has appointed Jatinder Pal Singh as its chief executive officer

Axis MF's 2025 Outlook: Temper expectations as growth challenges remain

According to the fund house, rising geopolitical tensions can be a risk for the equity market as it could hinder the free flow of goods

Limited product possibilities in MF Lite as Sebi sets AUM criteria

For indices that serve as primary benchmarks for active schemes, the AUM of these active schemes will also be included

Debt-equity mix in NPS fund: Base it on risk appetite, not past returns

The equity market showed remarkable strength, with the Sensex delivering 8.7 per cent year-to-date, while the mid-cap and small-cap indices returned 26.7 per cent and 30.6 per cent, respectively

Sebi announces launch of MF Lite framework to boost passive fund schemes

Capital markets regulator Sebi on Tuesday announced the launch of the Mutual Funds Lite (MF Lite) framework to simplify the compliance process for entities launching passively managed mutual fund schemes. The framework is designed to encourage new entrants, promote innovation, and foster investment diversification in the mutual fund industry. The Securities and Exchange Board of India (Sebi) said the MF Lite framework will apply to passive schemes, including index funds, exchange-traded funds (ETFs), funds of funds (FoFs), and others specified by the regulator. It intends to streamline processes and reduce barriers for entities focused solely on passive investment products, a move expected to increase market liquidity and ease entry for new players. The framework is based on recommendations made by a Sebi-constituted working group, which were later endorsed by the Mutual Funds Advisory Committee. The markets regulator amended its Mutual Funds Regulations 1996 to incorporate the MF