Page 3 - Mutual Funds

SBI Mutual Fund initiates process of appointing merchant bankers for IPO

SBI Mutual Fund, the biggest fund house, has initiated the process for the appointment of merchant bankers and other service providers to facilitate an initial public offering (IPO). The boards of respective shareholders, like SBI and Amundi, and the board of SBI Funds Management Ltd (SBIFML) have approved a timeline of 12 months, SBI Chairman C S Setty told PTI in an interview. "We are very seriously working on that, and in this timeline we should hit the market...we have started the process of identifying the merchant bankers and other service providers," Setty, who is also chairman of SBIFML, said. SBIFML is a joint venture between State Bank of India and Paris-based Amundi, with 61.98 per cent and 36.40 per cent stake, respectively. The fund house managed assets of around Rs 12 lakh crore as of September 2025. The company's two promoters plan to sell a combined 10 per cent stake through the public offering. Last month, SBI approved the offloading of 3,20,60,000 equity shares,

Unclaimed assets worth ₹2,000 cr provided to rightful owners in Oct, Nov

The government has launched a nationwide campaign 'Your Money, Your Right' to facilitate the settlement of unclaimed financial assets, and Rs 2,000 crore have been claimed by their rightful owners in October and November this year. The government launched the campaign on October 4 to facilitate the settlement of unclaimed financial assets, including bank deposits, insurance, dividends, shares, mutual funds and pensions, to their legitimate claimants. From October to December 5, 2025, camps have been held in 477 districts with participation of public representatives, district administration, and officials from financial institutions, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha. To maximise outreach during the campaign, standard operating procedures (SOPs), frequently asked questions (FAQs), and awareness material in major regional languages, along with short video messages, have been widely disseminated. District-level camps are organised

Overseas investments via GIFT City funds: Strong rules, simpler taxes

Taxes on capital gains and dividends are paid at the fund level; investors do not pay

Mutual funds and equities fastest-growing asset classes, says report

Yet India's household allocation remains far below US, UK, Canada

Earnings growth likely to boost equity returns in 2026: Kotak MF

Calls upon investors to moderate return expectations, follow asset allocation

Retail investors sell ₹23,000 crore in two months as markets rally

The retreat from direct equities contrasts with continued inflows from domestic institutional investors

Abakkus Mutual Fund to debut with flexi-cap scheme launch on December 8

New entrant Abakkus Mutual Fund will launch its first equity scheme, Abakkus FlexiCap Fund, on December 8, with Sanjay Doshi as fund manager and Sunil Singhania in an oversight role

Sunil Singhania's Abakkus MF launches Flexi Cap Fund: Who should invest?

Abakkus Flexi Cap Fund is an open-ended equity scheme to invest in large, mid, and smallcap stocks

Gold and silver ETF assets double in six months on record inflows

Surges past Rs 1.5 trillion in November as inflow momentum sustains

Invesco India Mid Cap Fund: Turning midcap moves into market muscle

Selective bets and steady portfolio training bulk up returns

Street Signs: Flexicaps lead MF space; IPO street set to buzz again

Flexible equity schemes top assets and inflows as investors turn cautious in a patchy market

Sebi reclassifies Reits as 'equity' for mutual fund investments

Sebi has shifted Reits into the equity category for MFs and SIFs from January 2026, limiting debt-fund exposure and paving the way for index inclusion from July 2026

Aggressive hybrid MFs register sharp uptick in assets to ₹2.5 trn in Oct

Aggressive hybrid mutual funds have been increasingly favoured among investors, with the asset base of the category surging to Rs 2.5 lakh crore in October 2025, an increase of 13 per cent from a year earlier. This expansion comes at a time when the benchmark Nifty has gone through a year-long correction and periods of heightened volatility, pushing many investors to seek stability through blended portfolios. Also, the investor base expanded significantly, with the number of folios increasing by 4 lakh over the past year to 60.44 lakh by October 2025 from 56.41 lakh in October 2024, the latest data with the Association of Mutual Funds in India (AMFI) showed. This trend highlights the growing appeal of a balanced investment approach that combines growth and stability. In line with this growing interest, aggressive hybrid funds, an investment solution blending equity and debt exposures, delivered robust returns over different timeframes. On average, the category has generated return

Sebi allows incentives for MF distributors to boost women, B30 onboarding

Distributors to receive up to ₹2,000 additional commission

Semi-active yet strategic: PPFAS Mutual Fund scheme to mirror Nifty 100

Tracks index but flexes 5 tactical levers to seize alpha passive peers can't touch

Systems in place to facilitate 'Chhoti SIPs', says KFin Technologies

KFin Technologies said it is fully equipped to identify and tag Chhoti SIP accounts, with around 150 recognised so far, addressing concerns about technical hurdles in the rollout of Rs 250 SIPs

₹50 trillion and counting: Equity mutual fund assets hit a new high

Steady inflows drive jump, cementing MFs as the go-to route for equity market participation

Allocate 30-70% of your equity portfolio to large-cap funds, say experts

Large-cap funds have shown steady performance, with recent results pointing to improving earnings momentum across leading companies. Experts say valuations look appealing for long-term investors

Sebi extends feedback deadline for mutual fund regulations overhaul

Sebi has pushed the deadline for public comments on its consultation paper to overhaul mutual fund regulations to November 24, after industry stakeholders sought more time to review proposed reforms

Equity mutual funds' cash piles grow even as inflows keep declining

Motilal Oswal MF and PPFAS MF added the largest cash buffers, shows report