Page 23 - Mutual Funds

Investors switch to safe-haven funds; flows into low-risk MFs up 70%

Inflows into flexicap funds surged to Rs 3,513 crore in August, the highest since the category was introduced in December 2020

Close irregular PPF accounts of minors, shift to MFs, long-term FDs

Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.

Mutual fund derivatives exposure nears Rs 2 trn on increased arbitrage play

Turnover share in segment under regulator scrutiny also shows signs of increase since 2018-19

Deposit mobilisation: Banks seek level playing field vis-a-vis mutual funds

Industry lobby group IBA wants govt and RBI to intervene

Quant Mutual Fund moves out of HDFC Bank months after betting big

Quant MF has managed to dominate the equity scheme performance charts in recent years, with its high-conviction bets working out well

Equity mutual fund asset boom drives surge in distributor commission

Around 2,500 MF distributors rake in Rs 14,850 cr in commissions last fiscal year

Retirement mutual funds AMC jumps 256% to Rs 29,903 cr in 5 years

Rising awareness of financial planning has fueled a 256 per cent increase in retirement mutual fund AUM in the last five years, according to a report. Factors such as rising healthcare costs, increasing nuclear families, and higher life expectancy are likely to fuel further growth in this sector, an ICRA Analytics report said. "Assets under Management (AUM) of these funds have grown by over 256 per cent in the last five years, reaching Rs 29,903 crore in July 2024, compared to Rs 8395 crore in July 2019," it said. ICRA said the growing awareness has led to a surge in the number of folios, which has increased by 17.44 per cent in the last five years to 29.36 lakh in July 2024, up from 25 lakh in July 2019. The number of schemes has also increased from 21 in 2019 to 29 in 2024. A retirement mutual fund is a specialized investment vehicle designed to provide a secure and comfortable post-retirement life. These funds invest in both equity and debt, aiming to balance wealth appreciation

Different modes of MF holdings and how are they taxed?

Profits gained from investment in mutual funds are known as 'Capital gains'. These capital gains are subject to tax

9 NFOs to launch this week: Check details before investing

With a mix of sectoral, thematic, and diversified funds, investors have the opportunity to tailor their portfolios according to their financial goals and market outlook

HDFC, Nippon, ICICI hoist the folio trophy as 40 funds chase finish line

Folio growth powered by stellar performance and strategic distribution

Passive funds are growing: How you can benefit by investing in them

Demand and supply factors have led to the preference for passive funds

ITI Mutual Fund projects to reach Rs 1 trn AUM in next five years

ITI Mutual Fund aims to reach Rs 1 lakh crore AUM in the next five years, as an increasing number of people are choosing mutual funds through systematic investment plans. ITI MF's asset under management (AUM) increased nearly 2.4 times to Rs 8,791 crore in July 2024 from Rs 3,698 crore in March 2023. Mayukh Datta, chief business officer of the AMC, said the mutual fund industry has about 4.80 crore unique PAN investors. It currently has 9.34 crore live SIP accounts with Rs 13.09 lakh crore in the AUM. He further said that as of March 31, 2024, there were 74.67 crore PAN holders in India, and 60.5 crore PAN were Aadhaar-linked. "So, we are yet to have 10 per cent of the investible population, i.e. PAN card holders, yet to come to the mutual funds universe. There is enough of runway for new investors to enter the mutual fund industry," Datta said in an interaction with PTI. He further said India remains in a golden spot on the world map, with expected growth outpacing most global ..

MFs, AIFs to gain higher weight in family office portfolios: Report

Exposure to fixed income, real estate likely could decline, says Sundaram Alternates report

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