Page 72 - Mutual Funds

Mutual funds managed by women have given better returns, shows data

Two dozen AMCs don't even have a single women fund manager; only a couple have more than two

MFs withdraw Rs 16,306 cr from equities in February on profit booking

Mutual funds pulled out Rs 16,306 crore from equities in February, making it the ninth consecutive monthly outflow as small investors booked profit amid a rally in stock markets.

MFs trustees haven't done a good job, says former Sebi chief Damodaran

Every mistake that catches the regulator's attention is a mistake that has gone past the trustees, who didn't notice it or noticed but did not do anything about it, he says

Sebi puts in place procedure for change in controlling interest of AMCs

This comes after Sebi, in February, relaxed profitability criteria for becoming a mutual fund sponsor with a view to facilitating innovation and expansion in the mutual funds sector

Enforcement Directorate slaps money laundering case on Franklin MF

Sebi issues show-cause notice and summons to fund house, its officials who redeemed their investments

Mutual fund penetration in India among lowest, shows Jefferies report

An analysis done by Jefferies shows India's MF AUM as a percentage of GDP at 12 per cent is among the lowest and a fraction of global average of 63 per cent

India's MF assets-to-GDP ratio much lower than global average

However, global brokerage form Jefferies believes the industry still has tremendous growth potential as it has barely scratched the surface when it comes to AUM growth

Indian retail investors dabble in stocks directly, ditching mutual funds

The aversion towards mutual funds is also due to their higher management fees and low returns

Despite market rally, large-cap funds are struggling to generate alpha

26 of 35 such schemes failed to beat Sensex over past year

Let not the variety confuse you, keep your passive fund investments simple

With just three or four passive products, you can build a solid, long-term portfolio

Changing investor preference alters pecking order of Equity MF categories

Last year, Sebi modified scheme characteristics of 'multi-cap' schemes, wherein at least 25 per cent of the corpus had to be invested in large, mid, and small-cap stocks each

MF energy exposure off 280 bps since July, at near 3-yr low; IT at new high

According to one analysis, about 6.9% of equity scheme assets were invested in energy firms, close to 12% in IT

Rush for NFOs amid buoyancy in markets to offset net redemptions

Over 12 offer documents filed in a single day last week

Fund houses in a bind over Sebi's dividend diktat; Amfi sets up committee

There is also uncertainty on whether investors will be able to adjust the cost of acquisition of the units and avail of indexation benefits

RIL, Infosys, Airtel: MFs trim stake in index heavyweights in January

Reliance Industries, Infosys, Bharti Airtel, Power Grid and Tata Consultancy Services are some of the stocks mutual funds cashed out of last month

Mutual funds stay strong in SIP game as lump sum flows dwindle since July

Industry in January registered over 1.6 million SIPs, 58 per cent more than the previous nine-month average

NPCI apologises to investors, starts exclusive clearing system for MFs

Last week, several MF investors had faced glitches in payments via UPI, which NPCI attributed to 'migration of systems'

Massive outflows from liquid funds arrest MF overdrive in Jan, AUM down 2%

The mutual fund industry began the new year on a losing note with the overall AUM falling around 2 per cent in January, hit by surprise net outflows of a whopping Rs 45,316 crore from liquid funds

Sebi looks to implement project on automation of surveillance of MFs

The move will help in reducing the lag in recognition of violations, its chief Ajay Tyagi said

Just profit booking? Why investors are staying away from equity MFs

Despite a strong rally in the market, investors have pulled out money from mutual funds for the seventh straight month in January