Page 43 - Mutual Funds

Around Rs 2,637.94 crore lying unclaimed with mutual funds: Amfi data

Money is said to be unclaimed when the fund house is unable to make dividend and redemption-related payments to the investor through the online as well as offline channels

Sectoral and thematic schemes biggest draw for millennials, says report

A fifth in 27-42 age bracket started MF journey with these schemes in 2022-23, shows report

Mutual funds may knock on Sebi door for hybrid fund tax stimulus

Conservative hybrid schemes can invest a max 25% in equity; industry wants limit enhanced to 35%

Top 5 headlines: India Inc's net profit in Q4, FAME funds allocation & more

Business Standard brings you top news at this hour

Buying, selling by MFs and FPIs have a bigger impact on the markets

Buying, selling by MFs, FPIs have a bigger impact on markets than other investor classes

Slowly but surely, mutual funds warm up to investment in REITs, InvITs

Exposure up sevenfold in three years to Rs 5,200 cr

Sebi to tell brokers, mutual funds to limit use of financial influencers

Sebi will ask brokers, traders registered with it and mutual funds to stop associating with financial influencers who are seen to be giving misleading advise and inducing investors, the report said

MFs see 8.5 mn new millennial investors in FY19-FY23 on awareness campaign

Mutual fund industry witnessed an influx of 84.8 lakh new millennial investors in the last five financial years (FY19- FY23), cornering 54 per cent share of the new investor base, on the back of massive awareness campaigns, conducive market conditions and digital access, according to a report by CAMS. Apart from these factors, simplified KYC and concerted intermediation and advisory too encouraged new millennials to invest in mutual funds. Overall, 1.57 crore new investors joined the industry between 2018-19 and 2022-23, as per the report released by mutual fund transfer agency Computer Age Management Services (CAMS) on Thursday pointed out. According to the report, millennials have been the dominant segment among the new investors who entered mutual funds in the last five years with their share percentage peaking to 57 per cent in FY20. "Despite the market volatility and uncertainty through FY23, investors' confidence to enter mutual funds remained sound and millennials continued

Mulling performance-linked incentives for mutual funds, says Sebi ED

Capital markets regulator Sebi is looking at introducing a performance-linked incentive for mutual funds and will soon be coming out with a consultative paper on the same, a senior official said on Wednesday. The Securities and Exchange Board of India (Sebi) has suspended the 'B30 scheme' which pushed the industry to go to newer geographies, because of undesirable practices, and will soon be coming out with a revised scheme, the watchdog's executive director Manoj Kumar said. Kumar said Sebi generally focuses on pushing the industry to pass on the benefits of changes like technology to the MF (Mutual Fund) investors, which may not be welcomed in certain quarters in the industry. " we are trying to focus. Shortly, you will see once we come out with a consultative paper where we will try to link performance and try to see surrounding that performance what incentive structure we can create," Kumar said while speaking at a MF summit organised by industry lobby CII. He, however, did not

New mutual fund schemes with performance-based fee on the anvil

Proposal being reviewed by a working group formed by Sebi

Average ticket size of mutual fund investor falls to Rs 68,321 in FY23

Mutual funds as an investment vehicle have gained popularity among investors, although the average ticket size of retail investors have dropped by close to 3 per cent to Rs 68,321 in March this year. The retail investors had an average account size of Rs 70,199 as of March 2022 as compared to average account size of Rs 68,321 at the end of March this year, according to data published by Association of Mutual Funds in India (Amfi). On the other hand, institutional investors had the highest ticket size at Rs 10.11 crore per account during the period under review. In terms of schemes, the average ticket size is relatively higher for liquid and debt oriented schemes, which are primarily dominated by institutional investors. The average ticket size for debt oriented schemes was Rs 14.53 lakh, while the same for equity oriented funds was Rs 1.54 lakh. Generally, equity assets have a longer average holding period as compared to non-equity assets with 45 per cent of equity assets having b

Fund Pick: Nippon India Large Cap Fund is a diversified outperformer

The fund's objective is to invest in the top 100 companies by market capitalisation and ensure stability and liquidity in the portfolio while generating alpha

Rate pause effect: Debt fund yields come off after year-long rally

Yield to maturity may remain range-bound

Reasonable equity valuations offer a favourable entry point to investors

Instead of halting SIPs, existing investors must raise contributions to equities

Risk/reward of long duration has mutual fund managers on the fence

50% of dynamic bond funds' average maturity at less than 5.5 years, the rest higher

Sebi plans to allow mutual funds with performance-based fees: Report

If introduced, India would be one of a handful of major markets to introduce performance-linked fees for mutual funds

Emkay Global gets in-principal approval for MF foray, stock jumps 20%

Joins Zerodha and three other firms who are waiting in the wings for final approval

Mutual fund investors show bias towards riskier small-cap-oriented schemes

Inflows into small-caps highest among market cap-oriented fund categories in March

Mutual funds deploy dry powder to buy the dip in March, shows data

Cash holdings at top 20 asset management companies decline to 5% for month from 6.2% in Feb

Equity savings funds: Safe but not a perfect substitute for debt funds

While they could offer higher returns over three-five years, they would also be more volatile