Page 77 - Mutual Funds

Sebi directs mutual funds to report restructuring requests to raters

Debenture trustees have been directed to communicate immediately to investors any restructuring proposal

Don't take Covid-related recast as default: Sebi to MF valuation agencies

The valuation agencies appointed by the Association of Mutual Funds in India (Amfi) provide valuation of money market and debt securities and recognise default of securities

MF distributor or registered investment advisor: Whom should you choose?

Those who need advice on multiple products should go with a registered investment advisor, suggests Sarbajeet K Sen

Need comprehensive advice on financial planning? Go with an RIA

Those who only need to invest in MFs may use the services of a distributor

No mis-utilisation of funds: Franklin Templeton MF assures unitholders

Franklin Templeton Mutual Fund shut six debt mutual funds on April 23 citing unfavourable conditions in the debt market due to the Covid-19 pandemic

Sebi to introduce code of conduct for mutual fund managers, AMC officers

In addition, AMCs have been allowed to become self clearing member, Sebi said in a statement after its board meeting.

MFs add 450,000 investor accounts in August; debt schemes gain traction

The mutual fund industry added 450,000 investor accounts in August, taking the total tally to 92.5 million, primarily on account of contribution from debt schemes

Labelling may not affect risk perception

Investors perceive debt funds to be a safe and tax-friendly alternative to banks FDs. Grading a fund as 'very high risk' may not have a major impact

Sales of MF products from B30 cities remain stagnant in the past 2 years

Restriction in physical movement of distributors due to the pandemic may further impact numbers

MF distributors call for halt on fresh purchases in multi-cap schemes

Switching from one scheme to another is treated as transfer and is subject to capital gains tax

Top headlines: Mistrys eye huge windfall; Sebi to prescribe MF stress test

Top headlines: Mistrys eye huge windfall; Sebi to prescribe MF stress test

Sebi to prescribe stress tests, liquid holdings for debt mutual funds

This is aimed at improving liquidity in all schemes and would help schemes to meet sudden redemption pressures, said chairman Ajay Tyagi

SEBI may issue norms for minimum holding in liquid assets for MFs

Tyagi also noted that the mutual fund industry, however, also went through several patches of challenges, especially on the debt mutual fund side

No compulsion to invest in mid/small caps; be 'true to label': SEBI chief

On September 11, SEBI said that multi-cap funds will now invest minimum 75 per cent of total assets in equities with 25 per cent each in large cap, mid cap and small cap companies

Trustees, asset managers in a bind over Sebi diktat on appointing officer

The August 10 circular mandates trustees to appoint a dedicated officer to assist them in their work

Sebi asks MFs to put in place policy on trade execution, allocation

Sebi asked mutual fund houses to put in place a policy specifying role of several teams engaged in fund management and back office with regard to execution of order and allocation of trade

Sebi working on new norms to label risks for various MF categories

Depending on the risk profile, mutual fund (MF) schemes are currently divided into five buckets, ranging between 'low risk' and 'high risk'

Sebi queers the pitch for fund managers with latest multi-cap circular

The recent circular follows the 'true-to-label' concept, but large funds in the multi-cap category may be forced to merge in the absence of sufficient small-cap options

Amfi signs 4 more cricket players to create awareness about MFs among youth

Industry body Amfi on Monday said it has roped in four more cricket stars -- Rohit Sharma, Shikhar Dhawan, Jasprit Bumrah and Shreyas Iyer-- for their ''Mutual Funds Sahi Hai'' campaign

Multi-cap funds and the latest Sebi directive

Earlier, the minimum investment in equity and equity-related instruments was 65 per cent of total assets.