Page 49 - Mutual Funds

Market regulator Sebi considers allowing sponsor-less mutual funds

Issues discussion paper proposing radical changes on ownership structures

Sebi mulls allowing PE funds to become sponsor of mutual fund house

The Securities and Exchange Board of India (Sebi) has sought comments from the public till January 29 on the proposals

Mutual fund industry AUM rises 5.7% to Rs 2.2 trillion in 2022: Amfi

The mutual fund industry added Rs 2.2 lakh crore to its asset base in 2022, driven by consistent monthly increase in SIP (Systematic Investment Plan) flows. The Assets Under Management (AUM) of the mutual fund industry rose by 5.7 per cent or Rs 2.2 lakh crore to a total Rs 39.88 lakh crore in 2022, data from the Association of Mutual Fund Industry (Amfi) showed on Tuesday. This was way lower than a surge of nearly 22 per cent or an increase of close to Rs 7 lakh crore in the asset base to Rs 37.72 lakh crore in 2021. "The industry grew at a slower pace in 2022 due to uncertainty in stock markets, and changing interest rate scenarios affecting the business environment at large. Understandably, investors have been in step with these changes by reallocating their investments between equity, debt and hybrid schemes," Gopal Kavalireddi, Head of Research at FYERS, said. While, the growth of 42-player mutual fund space in 2021 was mainly braced by a rally in the stock markets. The incre

Removing barriers to entry

Policies should focus on improving the ease of entering business, not just the ease of doing business

You can't pick next yr's winner asset class, so build diversified portfolio

Give higher weight in your core portfolio to asset classes that offer greater stability

Active mid-cap, small-cap schemes fly high with 'benchmark-beating' returns

The study also shows that over 50 per cent of the active flexi-cap schemes have not been able to beat the benchmark Nifty 500 TRI in 1-year, 3-year and 5-year time frames

Regulating global index providers may put MFs in a spot, fear experts

Under the proposed norms, overseas index providers investing in global assets will also be required to comply if they have users in India

MF growth slows down in 2022 after sprinting three years on the trot

Among the top-20, PPFAS and Canara Robeco grew the fastest last year

Varun Beverages, ABB India rise to MFs' largecap bucket after strong run-up

Muthoot Finance, Paytm move to the midcap list after MF industry rejigs stock classification

70-80% active large-cap MF schemes underperform benchmarks in 2022

2022 INERTIA Weak returns from minority allocation in small- and mid-caps, limited Adani exposure

Small savings are an attractive option for investors in lower tax brackets

Though debt mutual funds are currently offer yields to maturity that are marginally higher than small savings

Debt MF schemes doing well in stress tests: RBI financial stability report

The central bank says stress tests show risks faced by debt schemes is within limits

BOI MF settles 'inter-scheme transfer' case with Sebi, pays Rs 3.93 cr

The fund house along with five individuals pay Rs 3.93 crore for the settlement

Invest in long-term debt? Dynamic bond fund managers on the fence

In November, nearly half the dynamic bond fund (DBF) schemes raised the allocation to medium-to-longer-duration papers

Sebi mulls fresh CDS play for MFs as it seeks to boost corporate bond mkts

Regulator sets up working group to spot lacunae in failed framework introduced over a decade ago

Investors must have moderate return expectations in 2023: Nippon India exec

Earnings could be challenging as global economic growth is weakening, says Sailesh Raj Bhan

Debt fund YTMs stabilise, but peak still a few basis points away

YTMs of all debt fund categories, except credit risk and overnight, in a narrow range of 6.3-7.3%

Hold on to equity funds in 2023 despite turbulence, say experts

If you exit the market now, you could be left on the sidelines when a sustained recovery begins

Mutual funds see muted growth in 2022, expect better days in new year

After a spectacular 2021, the mutual fund industry failed to continue the momentum this year with the growth in asset base, investors count and flows subsiding in 2022 on volatile market conditions, but the New Year is expected to be relatively better. The industry grew at a slower pace in 2022, mainly due to global headwinds, including the Russia-Ukraine war, supply chain bottlenecks and a decadal high global inflation coupled with rising interest rates. The 2021 growth was mainly braced by a rally in the stock markets. The assets under management (AUM) of the mutual fund industry rose by 7 per cent or Rs 2.65 lakh crore in 2022. This was way lower than a surge of nearly 22 per cent or an increase of close to Rs 7 lakh crore in the asset base seen in 2021, data from the Association of Mutual Fund Industry (Amfi) showed. Swapnil Bhaskar, Head of Strategy, Niyo, said the mutual fund industry growth in 2023 is expected to be in line with the current trend with estimated assets under .

Sebi initiates detailed study of fees, expenses charged by mutual funds

Capital markets regulator Sebi on Friday said it has initiated a detailed study of fees and expenses charged by mutual funds. The study would endeavour to provide data as input for policy formulations, the Securities and Exchange Board of India (Sebi) said in a statement. The policies would seek to balance the need for facilitating financial inclusion, encouraging new participants, leveraging economies of scale, encouraging adoption of technology, discouraging cross subsidisation across schemes, closing arbitrage opportunities if any, and curbing malpractices if any. The regulator has commenced "detailed study of existing provisions applicable for fees and expenses in mutual fund schemes vis-a-vis market practices". Based on the study, if required, appropriate policy measures would be undertaken after following the established process of stakeholder as well as public consultation. The move is part of an ongoing exercise to continuously align regulatory provisions to reflect the ma