Page 82 - Mutual Funds

SIP investments hit 11-month low of Rs 8,123 cr in May amid mkt volatility

The mutual fund industry raised Rs 8,123 crore though the SIP route last month, lower than Rs 8,376 crore mopped up in April

Investing in global funds will provide diversification, better returns

Dollar assets also make sense if you are planning to settle abroad

E-vote on winding up Franklin Templeton MF's debt schemes suspended

The unitholders' meet that was to be held on June 12 has also been deferred

Cloud over Franklin Templeton's wind-up move amid legal challenges

Delhi HC issues notice to fund house, Sebi following writ petition by investor

Equity, SIP flows continue to decline in May amid market volatility

Schemes got Rs Rs 5,256 crore, 15% lower than previous month

Inflows into equity mutual funds fall to 5-month low of Rs 5,256 cr in May

The mutual fund industry witnessed a net inflow of Rs 70,813 crore across all segments, last month data by Association of Mutual Funds in India showed

Domestic fund managers up stake in beaten-down stocks, shows data

According to the shareholding data sourced from Capitaline, MFs have raised stake in 233 companies that saw such steep corrections during the March quarter

Sebi eases norms for disposal of physical gold, silver assets held by MFs

In a circular, the Securities and Exchange Board of India (Sebi) said that disposal time is now 180 days for physical gold and silver assets

Franklin Templeton MF says examining Gujarat HC order of staying e-voting

The e-voting window was scheduled to open on June 9 and close on June 11 and the unit holders' meeting through video conferencing was to be held on June 12

UK's Standard Life divests 2% stake in HDFC Life for Rs 1,985 crore

Prior to this, Standard Life had sold 4.95 per cent stake in HDFC Life for Rs 5,750 crore in October 2019, and had offloaded 3.3 per cent stake in the insurance firm in August last year

Sebi panel bats for tax sops for social stock exchanges to take off

Besides abolishing STT and CGT, the panel has also recommended philanthropic donors be eligible to claim 100-per cent tax exemption

Mutual funds looking at launching low-volatility products for investors

ICICI MF recently filed for an exchange-traded fund (ETF) that will track the Nifty Alpha Low-Volatility 30 Index

Franklin Templeton Mutual Fund voting to commence from June 9

Trustees advise unitholders to vote 'Yes' to avoid delay in wind-up process

Franklin Templeton mutual fund investors can pick Deloitte over trustees

Unit holders will vote to moneitse the scheme assets.

Franklin Templeton gave Rs 518 cr loan to YES Capital

Schemes among the six wound up by the fund house had given the loan crore against non-convertible debentures (NCDs) to the firm in March 2019, according to ED's chargesheet

Revised inter-creditor pacts may do away with need for 66% lenders' nod

Banks will be able to customise ICAs in accordance with their needs even as more financial stakeholders are on-boarded, including those with foreign currency exposures

Foreign funds flee India's bonds just when it needs them the most

The amount of sovereign securities held by global funds has slumped Rs 76,700 crore ($10 billion) from this year's peak in February

Wealth managers advise clients to invest in US-oriented offshore products

International funds delivered 6.8% returns in one year, against large drawdowns in domestic funds

Domestic mutual funds increase ownership of Nifty companies in Q4

Compared to the March quarter last year, the ownership is higher by 140 bps

Fund pick: Canara Robeco Equity Diversified Fund is a consistent performer

Large-cap focus, diversification pay off