Robust inflows amid mid, smallcap correction and large block deals
Canara Robeco Mutual Fund manages around 880 billion rupees ($10.55 billion) of Indian equities
Redemption gating, cap on employee withdrawal among measures
While investors do not have to redo the KYC, they still have to validate their mobile number/email ID per the KYC records
The equity-linked savings scheme (ELSS) were the best performers among all the categories as 70 per cent of the schemes managed to outperform the S&P BSE 200, the study shows
PPFAS Mutual Fund on Wednesday bought over 62 lakh shares of Zee Entertainment Enterprises Ltd (ZEEL) for Rs 88 crore through an open market transaction. PPFAS Mutual Fund through its affiliate Parag Parikh Long Term Value Fund acquired the shares of Mumbai-based ZEEL on the National Stock Exchange (NSE). According to the bulk deal data available with the NSE, Parag Parikh Long Term Value Fund acquired 62.22 lakh shares of Zee Entertainment Enterprises. The shares were bought at an average price of Rs 141.44, taking the deal value to Rs 88 crore. Details of the sellers of ZEEL's shares could not be ascertained. Shares of Zee Entertainment Enterprises gained 1.18 per cent to close at Rs 140.90 apiece on the NSE. Meanwhile, in a post on X (formerly Twitter), PPFAS Mutual Fund said, "There is a bulk deal trade of Parag Parikh Flexicap Fund buying Zee Entertainment Enterprises Ltd shares reported on NSE today. We wish to clarify that this was an Arbitrage transaction.
Those with a medium-term horizon run the risk of getting caught in a rising rate cycle
SIP account discontinuation moderated in February, despite the regulator highlighting valuation concerns in the mid and smallcap space
Sebi and some of the MFs have made representations to the Reserve Bank of India (RBI) seeking new limits but the central bank is yet to take a call
While the bulk of midcap funds that have declared their results will be able to liquidate 25 per cent of their portfolio within three days, only about half of the smallcap funds would be able to do so
Their costs and expense ratios are typically lower compared to actively managed funds
Somnath Mukherjee of ASK Private Wealth says the risk in the smallcap space has more to do with the enhanced regulatory scrutiny and the slowdown in profit growth
Midcap, smallcap stocks have seen a big fall in the last few weeks. Here is what experts suggest on how you can get your money back.
The Association of Mutual Funds in India (Amfi) has written to fund houses, asking them to undertake stress tests of small-cap and mid-cap schemes and disclose the reports on their websites
The fund's month-end assets under management (AUM) increased from Rs 17,715 crore in January 2021 to Rs 30,980 crore in January 2024. Rahul Baijal has been managing this fund since July 2022
The highest MoM net buying in Feb 2024 was observed in HDFC Life and Adani Enterprises
The move comes after Sebi raised concerns about the build-up of froth in the midcap and smallcap space
MFs to release info on investor concentration & portfolio turnover ratio
The share of women investors in mutual funds has increased from 15 per cent in March 2017 to nearly 21 per cent in December 2023, according the latest data of Amfi (Association of Mutual Funds). The overall asset under management in mutual funds crossed the Rs 50 lakh crore-mark in February this year as a large number of passive investors are flocking to mutual funds to save and earn more. The Amfi data showed the share of women investors in mutual funds increased from 15 per cent in March 2017 to nearly 21 per cent in December 2023. This pace of growth was more prominent in the hinterland versus the urban centres during the period. The share of women folios and assets in B-30 cities has increased from 15 per cent to 18 per cent and from 17 per cent to 28 per cent, respectively, the data showed. The report, prepared by Crisil for Amfi and released by Sebi chairperson Madhabi Puri Buch, further said that almost 50 per cent of women investors fall in the 25-44 age group as against .
Smallcap schemes see moderation in flows as Sebi takes stock of risks