Page 20 - Mutual Funds

Bulwark against closure storm: SIPs ride out the withdrawal gust

Investors withdrew Rs 11,678 crore from SIP accounts last month, compared to an average of Rs 10,436 crore in the preceding six months

Street signs: Nifty hits a speed hump, MF industry on tax tightrope, more

The mutual fund (MF) industry is concerned that the upcoming Union Budget may bring another tax blow

Investing for children: Buy house or opt for MFs?

I reminded Meera that although Karan's parents had a large bungalow in his hometown, professional opportunities had brought them to Mumbai. Their children might behave similarly

Mutual funds industry adds 8.1 mn new investor accounts in Apr-May FY25

The mutual fund industry has added over 81 lakh investors' accounts in the first two months of the current fiscal (FY25), mainly due to consistent marketing efforts, celebrity endorsements and dedicated work of the distribution network. Additionally, changing perceptions about fixed deposits, which no longer offer competitive returns compared to mutual funds, and the rise in income levels and accessibility to financial markets have also contributed to the rise in new investors, Trivesh D, COO of stock trading platform Tradejini, told PTI. Going ahead, the outlook for mutual fund folios remains strong, supported by the ongoing bull run in the stock market, solid risk management practices, continuous investor education, and consistent marketing efforts, he added. Moreover, the industry will continue to see decent growth as savers increasingly look for alternative avenues to create wealth for their long-term goals, experts said. "As India's per capita income grows, investors will look

Mutual fund scheme launches to pick up pace as markets stabilise

In the past fortnight, fund houses have approached Sebi for 20 NFO approvals

Mutual funds or NPS? Go for both if you don't mind latter's lock-in

MFs offer investors access to a wider range of assets (gold and international funds), fund houses and fund managers. Barring ELSS, the open-ended funds offer anytime liquidity

Fund managers pruned PSU exposure ahead of election result-day crash

Sold shares of 9 PSUs worth Rs 9,570 crore in May

Aditya Birla Sun Life MF quant fund to tap best ideas of top mutual funds

Sets top 75 holdings of large fund houses as universe

Active versus passive schemes: Smallcap funds triumph their benchmarks

The performance marks a reversal in the trend seen in the midcap and smallcap space in the last 12-18 month period, wherein majority of the schemes were found to be trailing their benchmarks

'Buy-the-dip' failed mutual fund investors on election day: Here's why

Several investors had taken to social media to complain about being unable to square off their positions

Sebi proposes to open credit default swap market for MF: key factors

Sebi has proposed to permit participation of mutual funds in CDS buying for all schemes as well as CDS selling for all schemes except overnight and liquid

Sebi proposes steps to open credit default swap market for mutual funds

CDS allows an investor to offset their credit risk with another investor, who is willing to reimburse or pay a notional amount in case the borrower or the issuer of the bond defaults

BSE denies tech glitch; bank payment lag delayed MF NAV on poll results day

Leading stock exchange BSE on Friday said lag in receiving payments from banks led to delay in assigning NAV to investors who bought mutual funds on June 4 and there was no technical glitch at its end. Many investors had complained on social media for failing to square off their positions. Several investors purchased their mutual funds before the cut-off time, although they were assigned the Net Asset Value (NAV), which determines the fund's value for June 5 instead of June 4. This resulted in substantial financial losses to such investors. "It is hereby clarified that there was no technical glitch at BSE Clearing House (ICCL) on June 4th. Prima Facie, there was a lag in receiving details of credit /payments from payments aggregator(s) / bank(s) for few customers which led to the delayed NAV," BSE said in a statement. The clarification came after several broking platforms alleged BSE for a glitch in the mutual fund system of the exchange on June 4, which led the orders to go throug

Health insurance reforms, exotic fruit diet: Top personal finance stories

This week we tell you about the changes in health insurance subscription and the health benefits of pricey fruits

Tuesday's stock market meltdown shaves off Rs 1.4 trillion of MF AUM

According to MF officials, smallcap fund AUMs saw a comparatively lower decline as their portfolios have a higher active weight

PGIM India MF remains overweight, with bias for long-duration govt bonds

Indian bonds are set to be included in JPMorgan's emerging market debt index from the end of this month and markets expect passive inflows worth around $25 billion

Mahindra Manulife Manufacturing Fund is open for subscription: Have a look

Mahindra Manulife Manufacturing Fund will invest in the equity of companies engaged in manufacturing and related activities

Savvy investors with high risk appetite likely to opt for quant funds

Quant funds use a rule-based approach for portfolio construction based on quantitative models

JioFin launches beta version of JioFinance app, to offer UPI, digi banking

The app's future plans include broadening the loan offerings, initially focusing on mutual fund loans and eventually branching out to include home loans

Large MFs less likely to confront promoters in voting on resolutions

Fund houses are becoming assertive in general and the trend could be helping corporate governance