Page 61 - Mutual Funds

Mutual fund industry assets surge 30% to Rs 36.17 trillion, shows data

Top players, such as Axis MF, Nippon India MF, and Kotak Mahindra MF, grew their AAUM by 32-43 per cent in a year

2022 to see tepid FPI flows into equities, MF flows to stay intact: Experts

Between Jan-Nov 2021, equity funds saw net inflows of around Rs 71,600 cr, while FPIs remained net buyers to the tune of 24,143 cr

ICICI Prudential MF silver ETF to open for subscription next week

The new fund offer (NFO) will open for subscription on January 5 and conclude on January 22

Domestic mutual funds' foreign holdings balloon 229%, shows data

Top 10 holdings account for more than 50% of assets

Rs 800 crore still stuck in multiple segregated mutual fund portfolios

The steps are taken to ensure fair treatment to all investors affected by the security

Equity mutual funds adopt 'wait and watch' policy on RBL Bank

94 equity and hybrid schemes have invested in stocks of RBL Bank worth Rs 1,996.34 crore as of end-Nov

Street signs: Nifty50 undertone still bearish, apparel retailers may gain

A move below 16,900 could result in a faster decline in the coming week, while a breach of 17,118-17,155 levels could result in better momentum on the upside

MFs add Rs 7 trn to kitty in 2021; Omicron possible red flag for 2022

Experts believe that the new year could be tricky depending on the Omicron situation and possible interest rate hikes

HSBC Mutual Fund jumps 11 spots on assets tally after L&T AMC buy

The Rs 3,188-crore purchase validates 'our view on India', says fund house

Mutual fund houses get bullish on target maturity debt funds

Nine schemes in the offing; visibility over returns key investor attraction

With more volatility likely, investors should stick to large-caps, BAFs

Market participants believe that concerns still linger in the markets and investors should continue to have higher weighting towards large-cap funds

BS Fund Manager: Will volatile markets put mutual funds to test again?

Equity MFs have emerged as a saviour in domestic markets as FPIs have continued to sell stocks

Aditya Birla Sun Life's new fund collects over Rs 2,200 crore

Aditya Birla Sun Life Mutual Fund has collected over Rs 2,200 crore from over 1.18 lakh applications for its business cycle fund, which is an open-ended equity scheme following business cycle-based investing theme. The fund was open from November 15-29, and was later reopened for subscription and has so far collected over Rs 2,200 crore, the fund house said without disclosing the current asset under management (AUM) of the fund. A Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC, said the fund has attracted over 1,17,800 applications, covering more than 10,500 pin codes across T30 (top 30 cities), B30 (beyond the top 30) and emerging markets. With collection of over Rs 2,200 crore, it is one of the largest funds within this category of thematic schemes. Economic cycles are divided into four phases -- expansion, peak, contraction and slump, which all impact the markets. This fund factors in both the macroeconomic phases, as well as the industry-specific developments in its ..

No threat to mutual funds from direct stock investing: Industry chiefs

The bull run over the past year has fuelled a surge in interest in direct stock investing, especially among the millennials

Gruhas Proptech plans to launch $150 mn-proptech focussed fund

Gruhas Proptech, backed by Zerodha promoter and Puzzolana Group, plans to launch a USD 150 million proptech focussed fund in the first quarter of next financial year

Active large-cap funds outperform benchmarks on back of broad rally

Delivering higher returns than passive funds on the back of broad-based rally in Indian equity markets

International funds can provide protection against rupee depreciation

When remitting money abroad, go with the player that offers the most attractive exchange rate

SBI planning to offload 6% stake in AMC through initial public offer

SBI currently holds 63 per cent stake in the mutual fund company and the remaining 37 per cent stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding

Why's India short on registered investment advisors?

India has just about 1,324 registered investment advisors for an investor base of over five crore. What is the reason for this? Is it SEBI's rules or investors' reluctance to pay for advice?

What is MF Central? How will it make the life of investors easier?

Two registrar and transfer agents of the mutual funds industry recently launched a transaction platform for investors. Named MF Central, it promises to provide a dashboard to all mutual fund investors