Physical transactions made a come back in September as offline options became viable again
According to a survey, 89 per cent Indians do not have an alternative source of income, and barely 1 in 5 factors in inflation while planning for superannuation
In the last couple of decades, the regulator has had to constantly tinker with the guidelines but new problems have cropped up every few years
Mirae Asset ESG Sector Leaders ETF is an open-ended scheme tracking Nifty 100 ESG Sector Leaders Total Return Index. The second, an FoF, will invest predominantly in this ETF
The move follows the decision taken by markets regulator Securities and Exchange Board of India (Sebi) to separate distribution and advisory functions in the MF industry
Amfi has barred them from using nomenclatures that have references to advisors, following Sebi move to separate distribution and advisory for the Rs 27-trillion industry
From MFs, alternative investment funds likely to come under ambit of new tax norms to HUL's Q2 revenue, net profit business return normal level, here are the top headlines this morning
0.1% tax collected at source may hit funds, investors
Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 8,302 crore from maturities, pre-payments and coupon payments since closing down in April
The thematic passive index fund is designed with the objective of providing Indian investors access to both Indian and global healthcare companies
Amfi said that whenever any mutual fund (MF) launches a scheme, the fund house chooses an appropriate benchmark index that reflects the composition of the scheme's portfolio
Telecom, utilities, and healthcare are other top weights for MFs
In this podcast, Business Standard's Sanjay Kumar Singh explains the difference between active and passive funds, why should an investor get into passive funds and more
The most-bought list is dominated by companies that are expected to benefit from a revival in economic activity and consumer spending
The slew of regulatory changes has kept the mutual fund industry and officials of Association of Mutual Funds in India (Amfi) on their toes over the past few weeks
Debt-oriented mutual fund schemes witnessed a net outflow of over Rs 51,900 crore in September, making it the second consecutive monthly withdrawal, largely on the back of a massive pullout from liquid category. Morningstar India Associate Director - Manager Research Himanshu Srivastava said investors are focusing on fixed income categories having relatively shorter duration profile, such as low duration and short duration funds, given the current interest rate scenario. In addition, they are preferring funds with pristine credit quality, especially from banking & PSU category, he said. According to the Association of Mutual Funds in India (Amfi), mutual funds (MFs) that invest in fixed-income securities or debt funds saw an outflow of Rs 51,962 crore last month as compared to Rs 3,907 crore in August. Prior to that, debt funds had seen an inflow of Rs 91,392 crore in July, Rs 2,862 crore in June, Rs 63,665 crore inMay and Rs 43,431 crore in April. "With September being the ...
Clarifies that employees who made investments in the six wound-up schemes continue to hold substantial investments in these schemes
Industry AUM slips below Rs 27 trn in September
They feel regulator should allow active funds to invest above the prescribed single-stock limit
Axis MF posted the highest growth in percentage terms, with assets up 16.4 per cent at Rs 1.56 trillion, followed by UTI MF, which rose 16.1 per cent to Rs 1.55 trillion