Page 26 - Mutual Funds

AMCs look strong but high valuations risk sharper fall in downturns

Companies have strong cash conversion, predictability and growth runway

Sebi mandates email as default mode for dispatching CAS by depositories

Markets regulator Sebi on Tuesday mandated email as a default mode of dispatch of 'Consolidated Account Statement', which provides an account of securities traded by an investor, by depositories and Mutual FundRegistrar and Transfer Agents (MF-RTAs). The new framework will come into force from April 1, the Securities and Exchange Board of India (Sebi) said in a circular. A Consolidated Account Statement (CAS) is a single or combined account statement which shows the details of financial transactions made by an investor during a month across all mutual funds and also other securities held in dematerialised (demat) mode. The CAS is dispatched to the investors by the depositories (NSDL or CDSL), providing the details of financial transactions in both mutual fund folios and depository accounts if PANs are common across the RTAs and the depositories. In respect of mutual fund folios, where there is no common PAN between the RTAs and the depositories, the CAS is sent by mutual funds ...

Mutual fund investors ease off buying pedal as FPIs make comeback

Net buying by domestic funds lowest in 4 months

ICICI Prudential MF to float energy-focused fund; NFO to open on July 2

ICICI Prudential Mutual Fund is set to float its new scheme focusing on the energy sector on Tuesday, a move that will provide investment opportunities in this space. The energy theme involves a wide range of industries, including oil & gas, bio energy value chain, and lubricants, among others. The new fund offer (NFO) of ICICI Prudential Energy Opportunities Fund will open on July 2 and conclude on July 16, the MF house said. "With the ongoing transition towards renewable energy and the government's focus on achieving net-zero emissions, the energy theme offers significant growth potential. Through this scheme, investors can gain access to a diversified portfolio of companies across the energy value chain," ICICI Prudential MF CIO Sankaran Naren said. The open-ended scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies engaged in traditional and new energy industries as well as allied businesses.

Sebi proposes mandatory disclosure of 'risk-adjusted return' by MFs

Capital markets regulator Sebi on Friday proposed mandatory disclosure of 'risk-adjusted return' along with the return of a mutual fund scheme to help investors make informed investment decisions. Risk-adjusted return (RAR) of a scheme portfolio represents a more holistic measure of the scheme's performance because it quantifies the amount of return generated by a mutual fund scheme for each unit of risk taken to achieve that return. The current regulatory framework does not mandate the disclosure of RAR along with the returns of an MF scheme. Further, there is no uniform practice followed by asset management companies (AMCs) regarding disclosure of RAR of their scheme. The return on investment is a major factor attracting investors to invest in any MF scheme and is highlighted by the AMCs while marketing respective schemes. Considering the significance of volatility of performance in determining the suitability of MF schemes, it is desirable that the RAR of the scheme is disclose

Reviewing money goals, trimming portfolio: Top personal finance stories

This week we write about mid-year financial checklist, selecting funds to drop, and the yoga gear you must have

Quant Mutual's clients pull $168 million in three days after Sebi probe

The Mumbai-based asset manager, one of the fastest growing mutual funds in India, has seen its assets soar lately to Rs 93,000 crore ($11.1 billion) from Rs 240 crore in 2019.

Shriram AMC launches NIFTY 1D Rate Liquid ETF: Check details of scheme

The fund is suitable for investors who are seeking a stable, liquid alternative to traditional savings accounts and want safety and liquidity for short-term funds

Mixed session in market for Quant Mutual Fund's major smallcap holdings

Smallcap holdings came into focus amid Sebi probe over front-running

Explainer: What is front-running, how does it impact MF or its investors

Sebi uses various algorithms, data analytics, and supervision technology to track instances of front-running and insider trading

Mutual funds bet big on electric vehicle sector, line up auto funds

Mirae Asset MF announces Nifty EV and New Age Automotive ETF, Groww files papers

Retail investors share in equity AUM pie shrinks for third straight year

Equity MF schemes have seen a surge in investors' interest in recent years amid a bull run in the equity market

For better valuations, new paper supply must accelerate: Rajeev Thakkar

Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs. There doesn't appear to be any derating due to the coalition

Unveiling a consistent champion: How HDFC Flexi Cap Fund beats the rest

The fund's assets under management at month-end increased to Rs 50,840 crore in March 2024 from Rs 23,128 crore in March 2021

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