Page 61 - Mutual Funds

Market correction a chance to allocate more to equities, albeit gradually

Don't bet excessively on gold based on its recent rally as an early end to the Russia-Ukraine war could bring it to a halt

Mutual fund industry expects new Sebi leadership to tighten norms

Industry players say they are keenly watching what Sebi does to deepen the corporate bond market.

PPFAS mutual fund to start accepting fresh inflows from March 15

Parag Parikh Flexicap mutual fund: However, as the overseas investment curbs are yet to be lifted, all the incremental flows will be deployed only in domestic stocks

Equity MFs log Rs 19,705-cr net inflow in Feb amid market volatility

All 11 categories of equity funds saw net inflows, with flexicap witnessing highest inflows of Rs 3,873.56 crore

Top headlines: MFs log Rs 19,705-cr net inflow in Feb; Bitcoin tops $42,000

Business Standard brings you the top headlines on Wednesday

Women investors have Rs 4.5 trillion of mutual fund AUM, says CAMS

Report sats 5.9 million women investors hold 14 million folios and assets under management of Rs 4.5 trillion

Amfi launches internship plan to increase number of MF distributors

Amfi announced the launch of an internship programme to groom qualifying individuals as mutual fund distributors

Overseas investment limit of MFs must be hiked now

Delay in hiking the limit will leave doubts about the concerns that weighed on the RBI, and whether those concerns could arise again in future

Reduce exposure to high-beta funds amid choppier conditions: Experts

If your funds' decline on that day left you unnerved, you need to re-examine your holdings

Sebi extends deadline to implement swing pricing mechanism for MFs

Based on the request received from Amfi, it has been decided to extend the implementation date of the provisions of swing pricing mechanism to May 1, 2022, Sebi said in a circular

Sanjay Sapre to step down as president of Franklin Templeton in June 2022

Avinash Satwalekar, currently is the country head of Malaysia and will relocate to India as president - designate effective April 1, 2022.

Top headlines: Ukraine president pleads for peace, oil shock may sting

Mutual funds are keeping their powder dry to invest in LIC's IPO that is expected to hit the market next month

MFs to keep powder dry as LIC IPO likely to hit the market next month

As of January 31, top five fund houses held Rs 23,245 crore in cash, or 4% of their total equity assets

Samco Mutual Fund changes scheme attributes after rap from market regulator

NFO investors given option to exit without load; Fund house to pay 15% interest

Fund managers see yields falling in a few days, MF returns rising

RBI status quo on rates sets it apart from most other central banks, which aren't only normalising liquidity but raising interest rates to tame inflation

Equity mutual funds log Rs 14,888-cr net inflow in January: Amfi data

However, this was much lower than the net inflow of Rs 25,077 crore witnessed in December

Sebi lays guidelines for MFs with respect to Indian Accounting Standards

Capital markets regulator Sebi came out with guidelines for asset management companies (AMCs) with respect to following Indian Accounting Standards (Ind AS)

Gold demand likely to reach pre-Covid levels in 2022: Quantum MF

Demand for gold is expected to reach pre-Covid-19 pandemic levels in 2022 aided by higher savings, increased mobility and stable price levels, said Chirag Mehta at Quantum Mutual Fund.

Axis Mutual Fund eyes Rs 100 cr from new equity ETF fund of funds

Axis Mutual Fund is targeting to collect Rs 100 crore from its new equity ETF fund of funds during the primary subscription period, which opens on February 4 and closes on 18. The open-ended fund of fund scheme will predominantly invest in units of domestic equity ETFs and is looking to collect Rs 100 crore during the subscription period, Raghav Iyengar, chief business officer at the fund house, told PTI on Wednesday. The fund will track the Nifty 500 stocks and will be managed by Shreyash Devalkar, the fund house said. ETFs are one of the most popular vehicles of investing in passive strategies as they replicate the portfolio of the underlying index while trading in bite-sized units on an exchange at market prices. In the past three years, equity ETFs AUM has increased more than three times. Since different sectors and market segments perform differently at different times, the new FoF's investment approach is designed to allocate dynamically across market cap and sectoral/ themat

Sebi strengthens MF norms; winding up of schemes after unitholders' consent

Sebi has made it mandatory for trustees of mutual funds to obtain the consent of unitholders when majority of trustees decide to wind up a scheme.