Page 70 - Mutual Funds

Mutual funds' assets under management surge 41% to Rs 31 trillion in FY21

Assets under management (AUM) of the mutual fund industry witnessed a growth of 41 per cent in the last financial year

Fund managers pare holdings in several blue chip stocks in March

Nine of the 10 most-sold stocks were part of the Nifty50

Flows into passive funds steal a March over active schemes in 2HFY21

Officials in the industry say since several large-cap funds have not been generating alpha, investors may be opting for passive funds instead

Sebi comes out with new guidelines on reporting formats for mutual funds

Capital markets watchdog Sebi on Monday came out with fresh guidelines on reporting formats for mutual funds.

At 1.67 million, March logs most SIP registrations in FY21: Amfi data

The revival in flows and an uptick in new accounts is an encouraging sign for the Rs 32-trillion domestic mutual fund industry

Street signs: Large AMC IPOs can be delayed, MFs buy Timken India & more

Several high net-worth individuals are said to be lapping up shares of cotton yarn manufacturers amid a spike in yarn prices

Sebi frowns at MF industry's incorrect yield depiction of debt schemes

Excluding cash portion while calculating the yield of a debt scheme can jack up overall fields of a scheme.

Mutual fund assets soar 41% to Rs 31.43 trillion in FY'21: Report

Assets under management with the mutual fund industry jumped a whopping 41 per cent in fiscal 2021 to Rs 31.43 trillion, despite a minor 1 per cent decline in March, says a report

SBI Mutual Fund asset base crosses Rs 5 trillion-mark in March quarter

The fund house's average asset under management (AAUM) rose to Rs 5.04 trillion in 2020-21 from Rs 3.73 trillion in the preceding fiscal

80% of Indian large-cap funds underperformed benchmarks in 2020: Report

Four-fifths of Indian large-cap funds have underperformed when compared to benchmark indices in 2020, a report said on Thursday. In the equity-linked saving schemes (ELSS) and mid/small-cap funds, the performance was marginally better with the underperformance of 65 per cent and 67 per cent as against the benchmarks, S&P Indices Versus Active (SPIVA) said. S&P Dow Jones Indices' associate director for global research and design Akash Jain said the performance was worse if one were to consider the recovery after the markets hit the trough in April. "During this recovery period, we saw that the second half of 2020 has been a particularly challenging period for Indian equity active funds where 100 per cent of the Large Cap funds, 80 per cent of the ELSS funds and 53 per cent of the Mid-/Small-cap funds underperformed their respective benchmarks," he said. Overall, 2020 had extraordinary volatility and India joined the rest of the world in this aspect, Jain added. There was a ...

Debt MF returns may remain subdued on RBI's accommodative stance

Money managers say investors to look at medium-duration bonds

MFs log strong 19% AUM growth at Rs 32.1 trillion in March quarter

SBI cements pole spot, widens lead over HDFC MF; Among top 10, Axis MF has logged highest growth in average AUM at 42% to Rs 1.96 trillion

Sebi modifies framework for limited purpose clearing corporation by MFs

Markets regulator Sebi on Tuesday tweaked its framework pertaining to contribution of asset management companies (AMCs) for setting up of limited purpose clearing corporation by mutual funds

Mutual funds turn net buyers, invest Rs 2,476 crore in equities in March

Mutual funds invested Rs 2,476 crore in equities in March, making it the first such infusion in 10 months, as consolidation in the market provided investment opportunities to fund managers

Equity mutual fund flows turn positive after a gap of nine months

Between June and February, equity fund managers have yanked out Rs 1.24 trillion from domestic stocks amid consistent outflows

No plans to exit India business: Franklin Templeton's Sajay Sapre

Franklin Templeton Mutual Fund on Friday said its commitment to India remains 'steadfast' and the fund house has no plans to exit its operations in the country

Franklin unitholders to get Rs 1,200 cr in second tranche next week

Sources said SBI Funds Management will distribute the proceeds to unitholders following liquidation of some securities held under the scheme

Mutual funds plan to launch a slew of FMPs as bond yields increase

Fund houses like Nippon Life India MF, Kotak MF, Aditya Birla Sun Life MF, among others, have filed offer documents with Sebi to launch these popular close-ended debt schemes

MFs push passive assets, but flurry of schemes don't impress investors

SBI MF's two schemes contribute more than half of overall passive asset base; 55 schemes have less than Rs 100 crore in assets.

A good glide path

AT1 bonds may lose sheen but Sebi takes the right call