Page 78 - Mutual Funds

Will Sebi's fatwa for multi-cap funds work? Only the market will determine

Sebi's new diktat says multi-cap equity funds must invest a minimum of 75% in equities, up from 65%, with at least 25% each in large-caps, mid-caps, and small-caps

Mutual funds huddle to play Sebi's googly on multi-cap schemes

Markets regulator to examine proposals by industry on ensuring compliance with true-to-label and appropriate benchmarking

Regulatory management

Sebi's new circular may lead to an avoidable churn in the market

Sebi issues clarification on asset allocation framework for multi-cap MFs

In its latest press release, Sebi noted that some sections of media have reported various views on the circular and various conclusions are being drawn

Reliance's dream run in the market has equity mutual funds worried

Money managers can't buy more of India's most valuable company as actively-run plans aren't allowed to own more than 10% of a single stock

Multi-cap funds must invest 25% each in small, mid, large-cap stocks: Sebi

As a result, a lot of multi-cap schemes' investment were skewed towards the large-caps

Investors can look at dynamic asset allocation funds: DSP Mutual Fund Prez

'Markets have generally been more expensive than the historical averages for some time now', said Parekh

Indian MFs turn to global funds for better yields, reduction of home bias

Financial planners recommend setting aside 5 to 10 per cent of one's portfolio in international funds

Sebi modifies mutual funds portfolio segregation norms amid Covid-19

Markets regulator Sebi on Wednesday modified norms pertaining to segregation of portfolio in mutual funds by asset management companies amid the coronavirus pandemic. Generally, segregation is done to separate distressed assets from other more liquid assets in a portfolio. In the wake of the pandemic, the watchdog said the trigger date for segregation of portfolio would be the date on which proposal for debt restructuring was received by the asset management company (AMC). Segregated portfolio can be created in a mutual fund scheme by an asset management company in case of a credit event, which includes downgrade to below investment grade and subsequent downgrades in credit rating by a Sebi-registered credit rating agency, as per the regulator's circular issued in December 2018. The latest modifications, that is effective immediately, would be in place till December 31, 2020. On August 6, the Reserve Bank of India (RBI) permitted lending institutions to extend the resolution facil

65% SIP assets below 3 years amid chase for high returns, shows data

Only 17 per cent of SIP assets are over the five-year mark, which is considered ideal for equity investments to even out the impact of market volatility

Female fund managers beat men at stock picks: Goldman Sachs Group

"Even after adjusting for risk, female-managed funds have outperformed their counterparts amid the pandemic-related market swings," Goldman strategists led by David Kostin wrote in a note to clients

MF industry: Market rally, lockdown easing spur four-fold rise in IFAs

Number of new entrants still lower than previous fiscal's monthly average

Portfolio managers cannot impose lock-in for clients' investments: Sebi

"Portfolio managers cannot impose a lock-in on the investment of their clients.However, a portfolio manager can charge applicable exit fees from the client for early exit," Sebi noted

PhonePe gears up for IPO by 2023, eyes a valuation of $7-10 billion

The company's foray into financial services is going to play a key role in the firm becoming profitable and going public

Street signs: Demand for silver ETFs, banks push MF products, and more

The Securities and Exchange Board of India (Sebi) is seeing growing demand from market players to allow exchange-traded funds (ETFs) on silver amid a sharp runup in the price of the metal

Goldman reports show mutual funds and hedge funds split on megacaps

Many MFs have limits on how much of their assets can be in a single stock to ensure diversification

Unlock BFSI 2.0: There's no irrational exuberance in market, say MF experts

Fund managers and chief executives of mutual funds (MFs) were speaking during the fourth part of a series of webinars being organised by Business Standard under 'Unlock BFSI 2.0'

Unlock BFSI 2.0: Markets not running ahead of economy, say MF experts

With interest rates low and not much happening in the real estate sector, more and more people were investing in equities directly, the experts said

Unlock BFSI 2.0: Mutual funds — Is the market running ahead of economy?

In this special Business Standard webinar, the biggest names in India's mutual fund industry discuss if the market running ahead of the economy >

Franklin Templeton MF's six shut schemes receive Rs 5,000 cr since closure

The schemes have received Rs 708 crore during August 1-14. This takes the total cash flows received till date since April 24 to Rs 4,988 crore, Franklin Templeton MF said in a statement