Page 21 - Mutual Funds

Kotak Mutual Fund launches Nifty 100 Low Volatility 30 Index Fund

The new fund offering will remain open for subscription till May 31

RBI in talks with Sebi to allow mutual funds to sell debt to ARCs

ARCs are not allowed to buy debts from MFs currently

Valuation swell prompts large balanced advantage funds to lower sails

Adjusting to market tides: Large BAFs trim net exposure to below 60%

Sebi proposes facilitating investments by mutual funds in overseas funds

Capital markets regulator Sebi on Friday proposed facilitating investments by mutual funds in overseas funds, which invest certain portion of their assets in Indian securities. This is subject to the fact that the total exposure to Indian securities by such overseas funds should not be more than 20 per cent of their net assets, Sebi said in its consultation paper. The move would help keep Indian fund of funds (FoFs) true to their label, coupled with cost effectiveness, for investors. Considering strong economic growth prospects of India, the country's securities offer an attractive investment opportunity for foreign funds and accordingly, various international indices, exchange traded funds (ETFs), mutual funds (MFs), unit trusts (UTs) allocate a portion of their assets to Indian securities, Sebi noted. As of April 30, 2024, the MSCI Emerging Markets Index has a little over 18 per cent weight to Indian securities. Similarly, JP Morgan's Emerging Markets Opportunities Fund' holds .

Cancelling credit card, uncluttering home: Top personal finance stories

Our top stories this week tell you about the procedure to cancel a card and the various storage solutions for your home

Retirement MFs: Equity allocation, flexible withdrawal options key benefits

Stay invested even after lock-in ends to gain from compounding

Unfazed NFOs: No election jitters for mutual fund scheme launches

In line with the trend seen in previous election seasons, the equity market has been volatile in recent weeks even as the expectations of re-election of the BJP-led government remains strong

SBI MF adds automotive opportunities fund to its thematic line-up

According to fund house, the growing demand for premium automobiles & rising electric vehicle adoption also bodes well for the cos in this sector, while bringing new investment options to the fold

Big relief for mutual fund investors: Sebi eases Aadhaar-PAN KYC rules

Previously, Sebi mandated that all mutual fund investors link their PAN with Aadhaar to complete the KYC process

Mutual funds embrace healthcare, finance stocks as smallcaps bounce back

Smallcap funds raked in net inflows of Rs 2,209 crore in April amid a sharp rally in smallcap shares

New mutual fund investors: Set goals and assess your risk profile

Knowing these parameters will allow you to determine the optimal asset allocation, essential for building a portfolio

Investing strategy for mutual fund investors ahead of Lok Sabha poll result

Mutual Fund Investment: Stock market and mutual fund investors, analysts said, need to be wary about rich valuations in equity markets at this point

Which large-cap stocks did mutual funds buy and sell the most in April?

Kotak Mahindra Bank emerged as the most purchased large-cap stock, with mutual funds accumulating a significant amount (49,160 crore) in the company. Punjab National Bank also saw a surge in buying

Share of North East in MF assets more than doubles to Rs 40,324 cr in 4 yrs

The share of North East in overall mutual fund assets in the country more than doubled in the last 4 years to Rs 40,324 crore in March 2024, spurred by increased awareness and growing interest among retail investors to invest in equities, a report by ICRA Analytics said. Also, this signals a growing appetite among investors from smaller towns and cities to invest in mutual funds. The combined share of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura rose to 0.73 per cent of the total average asset under management (AAUM) of the mutual fund industry, which stood at Rs 55.01 lakh crore in March 2024. The share was around 0.67 per cent in March 2020, when the industry's AAUM was at Rs 24.71 lakh crore. Data for Sikkim was not provided. In March 2020, these states had an asset base of Rs 16,446 crore as compared to Rs 40,324 crore in March this year. "Though the contribution of these states to the total AAUM of the industry is still small in percentage terms,

Spike in SIP churn as investors rebalance; registrations rose 48% in April

Account closures 42%; experts say rotation at play

Working on AI to provide quality research: Share.Market CEO Ujjwal Jain

We have touched approximately Rs 19k cr every month of fresh money coming into the mutual fund industry, Jain said

CAMS Q4 results: PAT rises 38.5% to Rs 103 cr, revenue up 24% to Rs 310 cr

Registrar and transfer agent for mutual funds CAMS on Thursday reported a 38.5 per cent surge in profit after tax to Rs 103 crore for three months ended March this year, driven by robust performance across the business streams. In comparison, the company had posted a profit after tax (PAT) of Rs 74.36 crore in the year-ago period, Computer Age Management Services Ltd (CAMS) said in a statement. Its revenue grew 24.6 per cent to Rs 310.46 crore in January-March of the financial year 2023-24 (FY24) from Rs 249.24 crore a year ago. "We had an excellent quarter in terms of posting strong financial results, with quarterly revenue and PAT growing at 24.6 per cent and 38.7 per cent YoY (year-on-year). "All these numbers are a culmination and deep vindication of robust performance across our revenue streams and are reflective of deep business and operational focus of our teams," Anuj Kumar, Managing Director of CAMS, said. The company said that revenues from the mutual fund business rose

Making mutual fund choice: Multi-asset vs balanced advantage funds

Investors should pick between the two depending on their risk appetite and financial goal

Mutual funds bet on 'special' opportunities as uncertainties loom

Two launches next week, one in the pipeline

Elections stoke volatility but don't alter market dynamics: Niket Shah

Shah suggests that if the ruling coalition fails to secure a substantial majority, it could exacerbate short-term market volatility