Page 57 - Mutual Funds

Time-starved investors must stick to index funds

While Amit had stayed invested for a long time, avoided leverage, and shunned investment-cum-insurance policies, unplanned investments and mindless diversification had produced a disappointing outcome

Retail investors' returns lowest in equity markets in 2003-22: Report

Even as markets have grown manifold during the past two decades and so have mutual funds, retail investors made the least compared to fund houses in all asset classes as they have been churning their portfolios too fast when markets turned choppy, according to a report. According to an analysis of investor returns during the past two decades -- from 2003 to 2022 -- by Axis Mutual Fund, retail investors' returns were the lowest and those of fund houses the highest, be it in equity or hybrid funds (2003-22) and debt funds (2009-22). And the Axis AMC analysts attribute this mainly to the frequent churn that investor portfolios faced when the market turns choppy. Between 2003 and 2022, when fund houses gained as much as 19.1 per cent from equity funds investments, investors, primarily retail, gained the lowest at 13.8 per cent, while systematic investment returns were higher at 15.2 per cent, the analysts said. Similarly, investors' returns from hybrid funds were the lowest at 7.4 per

Equity inflows at 10-month low in Aug, exchange traded funds gain traction

Average AUM for industry rose to Rs 39.5 trn, compared to Rs 37. 8 trn in July

Distribution commission pool of mutual funds jumps 2.3x, shows data

The sharp spike in commission comes on the back of surge in the equity markets and sustained flows into equity MF schemes

SEBI gives in-principle approval to Helios Capital to start mutual fund biz

Helios Capital has received capital markets regulator Sebi's in-principle approval to launch a mutual fund business. Helios Capital Management PTE Limited, which is the business of portfolio management services, applied for a mutual fund license with the Securities and Exchange Board of India (Sebi) in February 2021. "I am very pleased to share that Sebi has granted Helios Capital in-principle approval to sponsor Helios Mutual Fund. We deeply respect this approval & will work hard to offer mutual funds for retail investors, focusing on performance & service," Samir Arora, the main founder and fund manager at Helios Capital, announced on Twitter. After quitting Alliance Capital almost 20 years ago, Arora is re-entering the 43-player mutual fund industry. He was the Chief Investment Officer of Alliance Capital's Indian mutual fund business. The company has joined entities like Zerodha, Samco Securities and Bajaj Finserv that received Sebi's go-ahead to launch mutual fund ...

Resilient markets, positive FPI flows lift market volume in August

If domestic indicators are remedying, don't sweat the external factors, say analysts

Ending 17-month-long buying streak, DIIs, MFs turn net sellers in August

The selling by domestic institutions comes amid a reversal in FPI flows. In August, FPIs pumped in Rs 65,859 crore into domestic stocks - most since November 2020.

As FPIs turn net-sellers; MFs, insurers become big buyers on D-Street

DII stake in BSE 500 companies up nearly 55% in seven years

Govt clears ex-Standard Chartered banker as Sebi whole-time member

The appointment is for three years for a position vacant since November 2021

MFs flock to silver ETF space with new schemes; collect Rs 1,400-cr assets

As per industry data, so far, Aditya Birla Sun Life Mutual Fund, ICICI Prudential Mutual Fund and Nippon India Mutual Fund have launched silver ETFs

Mutual funds: Limiting inflows enables fund manager to stick to quality

Massive inflows, especially in red hot markets, forces them to buy at high valuations, compromise on quality

Invest in MNC funds for exposure to high-quality businesses: Experts

Since valuations are higher in this space, a 7-yr horizon with 10% capital outlay can be looked at

Fund Pick: Axis Banking & PSU Debt Fund is a potent mix of safety & returns

The fund has been managed by Aditya Pagaria since August 2016

Debt MFs outflow continues; investors withdraw Rs 70,000-cr in Jun qtr

Investors continued to withdraw from mutual funds focused on investing in fixed-income securities for third consecutive quarter and pulled out over Rs 70,000 crore in April-June due to high inflation and an increasing rate cycle. "In the next (September) quarter, it is safe to assume that monetary conditions will be tighter in terms of lower amount system liquidity and higher regulatory rates, both of which should see further reduction in mutual fund debt corpuses," Sandeep Bagla, CEO Trust Mutual Fund, said. Interest rate will be the major factor to dictate flow in debt mutual funds in coming quarters. Once rates start stabilizing, inflows can be expected, Ankit Yadav, Wealth Manager (USA) & Director of Market Maestroo, said. The latest outflow has pulled down the asset managed by fund managers for debt fixed-income funds by 5 per cent to Rs 12.35 lakh crore at June-end from close to Rs 13 lakh crore at the end of March, data available with the Association of Mutual Funds in ...

Mutual Funds cut energy, IT bets in July, bought financial stocks

They bought financial services, industrials and consumer discretionary stocks

Baroda BNP Paribas MF mobilises Rs 1,400 cr from flexi-cap scheme NFO

Baroda BNP Paribas Mutual Fund on Thursday said it has collected over Rs 1,400 crore from its flexi-cap scheme during the New Fund Offering (NFO) period. The scheme -- Baroda BNP Paribas Flexi Cap Fund -- is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap companies. NFO was opened from July 25 to August 8, the fund house said in a statement. This is the first new fund offered by Baroda BNP Paribas Asset Management India after the merger of Baroda Asset Management India into BNP Paribas Asset Management India. "Over 42,000 investors from more than 120 cities across India have posed their faith in our very first NFO after the merger... "It is a reflection of not just the synergy and the immense potential offered by this combined entity, but also the trust and confidence shown by our investors and partners in our offerings," Suresh Soni, CEO of Baroda BNP Paribas Asset Management India, said . The fund will re-open for subscriptions by August 24.

Financial freedom for Indians: What it means and how to achieve it

Three experts explain how planning and patience can you give the cushion of savings, investments, and cash on hand

India at 75: 16 events that impacted Indian markets between 2003 and 2014

From the shift of Sensex to a free-float methodology to the great fall after global financial crisis of 2008-09, and recovery afterwards, here are 16 biggest events for stock markets from 2003 to 2014

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993

WhiteOak Capital Mutual Fund collects Rs 550 crore for maiden NFO

The fund aims to build an active, well-diversified portfolio, representing a cross-section of companies across major industries, economic sectors, and market cap segments, WhiteOak said in a statement