Page 46 - Mutual Funds

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

MFs book profits in PSU banks, sell stocks worth Rs 1,800 cr in Q4

Potential in state-owned lenders could be limited in the near-term as most positives are priced in

There's action in passive funds, build your core equity portfolio with them

Some active fund managers will beat the index each year; don't exit passive holdings out of envy

Mutual fund inflows, equity market performance witness decoupling

Data shows that SIPs now account for 34 per cent of the total equity AUM compared to 25 per cent at the end of FY19

Heirs must know what you own to claim wealth: HNIs should opt for trusts

Appoint nominees and write a Will to make the transfer hassle-free

Women account for a fifth of total mutual fund investors, shows data

In the last three years, there has been a jump of 1.3 million women investors, each, from B30 and T30 cities

Share of NRIs, overseas investors in mutual fund assets declining

Accounted for a larger share in the years leading up to Covid-19

MFs raise equity bets as valuations improve; fund houses invest Rs 55k cr

Cash levels decline, equity allocation rises in balanced advantage funds in March

Zerodha, Smallcase join hands for MF business, final nod from Sebi awaited

Zerodha CEO says Smallcase's six years of experience in building investment products will come in handy for his firm while building "low-cost passive mutual fund products for India"

Over 85% active large-cap schemes underperform in 2022, shows data

During the three-year period (CY 2020, '21, '22), the percentage of schemes underperforming the index was even higher at 97 per cent

Sebi to AIFs: Offer direct plans; introduces trail model for commissions

New norms to curb mis-selling, bring parity on upfront commissions that are already barred in MFs, PMS