Page 65 - Mutual Funds

Changes in interest rates, liquidity to drive mkt: Nippon India MF's Bhan

Sailesh Raj Bhan says earnings in Q1 have been better than market expectations in sectors that have been supported by the recovery of global growth like IT services and metals

SBI Balanced Advantage NFO gets Rs 12,000 cr, best ever among active funds

Officials in the company said they are expecting another Rs 1,000 crore as online applications will continue till midnight

Value funds make a comeback after four years on broad-based equity rally

During the past one year, value funds have given average returns of 50.79 per cent, higher than large-cap and flexicap schemes

Street signs: MFs bet on easier compensation rules, India VIX surges & more

Officials in the industry believe that the market regulator might give some concessions on the aspect of key employees of the fund houses

55% retail investors stay put in equity funds for over two years: Amfi

Holding period of HNIs, however, was lower at about 47% as on June 2021

Sebi extends deadline for public comments on swing pricing proposal for MFs

Markets regulator Sebi on Friday extended the deadline till August 25 for submission of comments on the proposal to introduce swing pricing mechanism for open-ended mutual fund debt schemes

MF direct plans find favour in top-30 cities, catch up with regular schemes

Lower costs and ease of doing transactions are one of the few reasons investors have been moving towards such plans

Limit credit fund exposure to 10%-15% of portfolio, advise experts

Go with a fund manager who negotiated the past 5 years without default or downgrade

Franklin Templeton's shut schemes have Rs 1,981 cr cash for distribution

The six shut debt schemes of Franklin Templeton Mutual Fund have Rs 1,981.02 crore of cash available for distribution to the unit holders of the schemes.

MMFs suitable for current environment, to gain on hardening interest rates

Most schemes in this category avoid taking any credit risk

International funds gain traction on returns, diversification boost

Apart from diversification, rupee depreciation has helped some global funds post returns of 42-44%

Street signs: Falling GMPs signal IPO fatigue, NFO targets on rise & more

According to market players, the GMP for CarTrade is 25 per cent, while Nuvoco Vistas is less than 10 per cent, over their offer price.

Shorter term debt mutual funds in focus as policy normalisation nears

The Reserve Bank of India (RBI) on Friday kept the key policy rates unchanged but signalled a shift towards policy normalisation.

Pooled investment funds likely to attract service tax: Check details here

GST on expenses charged by REITs, InvITs and MFs may result in tax levy of hundreds of crores

AUM of India-dedicated funds rise 8.3% in H1 of CY21 to $42 billion

Allocations to India by Asia ex-Japan funds remained stable at 13.5% in June while those by GEM funds declined to 10.8% in June from 10.9% in May

MFs hike trail commissions by up to 50% for big distributors in NFO push

Asset managers have collected nearly Rs 20,000 crore of inflows via the NFO route in the past six months

Sebi revising risk management framework for mutual funds: Official

Capital markets regulator Sebi is in the process of issuing a revised risk management framework for mutual fund industry in view of the changes in the industry landscape which will define the roles

Sebi's new skin-in-the-game framework for MFs likely to stretch AMCs

Currently, fund houses are required to invest a maximum of Rs 50 lakh per scheme

Gaining ground: B30 assets see 39% rise in a year, shows Amfi data

Investors from B30 cities rely more on face-to-face communication with distributors and advisors compared to their T30 counterparts

NJ India, SBI took lion's share of mutual fund commissions in FY21

The data from Amfi shows NJ India Invest maintained top spot, with gross distribution commission of Rs 874 crore, 12.5 per cent more than Rs 777 crore pocketed in FY20