Asset Management Companies

Flexi-cap funds see Rs 35k-cr inflow in FY22; best among equity categories

While large-cap funds experienced a net inflow of Rs 13,569 crore for the entire 2021-22, inflow for mid-cap funds stood at Rs 16,308 crore and the same for small-cap funds was at Rs 10,145 crore

Passive approach

Sebi's plans will offer more options to investors

HDFC AMC's Q4 net rises 8.7% to Rs 344 cr; income up 6.5% to Rs 581 cr

The company's total income rose to Rs 580.93 crore in the period under review from Rs 545.57 crore in the fourth quarter ended on March 31, 2021

WhiteOak Capital Asset Management plans to open 100 branches in 12-18 mnths

WhiteOak Capital Asset Management, a new entrant to the mutual fund space, is looking to open nearly 100 branches across the country in the next 12-18 months.

Two separate Sebi panels to review ownership norms of MFs, trustees

Market regulator has said an alternative set of eligibility rules can be introduced to enable new players who otherwise aren't eligible to act as sponsors

Falling yields put the squeeze on fund houses' bottom line in Q3

Shares feel the pressure as analysts cut earnings estimates

MFs garner Rs 99,704 crore via NFOs in 2021 on sharp rally in stock market

This was way higher than 81 NFOs floated in 2020 and cumulatively, these funds were able to garner Rs 53,703 crore

Sebi brings slew of protocols under tough new investment norms for MF staff

AMC board and Trustees to ensure compliance on a continuous basis, report violations and remedial action taken by them in the periodical reports submitted to board

Indian AMCs log highest-ever profit in FY21; HDFC unit leads industry

Surge in equity markets, flows and lower expenses boost bottom line of companies

Top headlines: AMCs log highest-ever profit; no bail for Aryan Khan yet

Relief for Zee Entertainment founders; Nearly 65% of infrastructure projects delayed by Covid-induced lockdowns. More on that in top headlines

HDFC Mutual Fund lines up a slew of exchange-traded funds as ranking slips

In the past few years, HDFC MF witnessed continued erosion in its market share as its key equity funds underperformed

Sebi might soon allow PE players to snap up, set up their own AMCs

At present, PE firms are not banned from acting as a MF sponsor, however, the prerequisites make it difficult for them to acquire or run a fund house

Sebi may dilute certain clauses in controversial MF compensation circular

Regulator, industry gets into huddle ahead of October 1 deadline

Sebi asks AMCs to disclose details of risk, performance of MF schemes

Markets regulator Sebi on Tuesday directed asset management companies (AMCs) to disclose details of risk and performance of mutual fund schemes in all disclosures, including promotional material

Sebi allows AMCs to offer instant access facility in overnight MF schemes

Also, the regulator has tweaked the framework with respect to treatment of unclaimed redemption and dividend amounts

Sebi's new skin-in-the-game framework for MFs likely to stretch AMCs

Currently, fund houses are required to invest a maximum of Rs 50 lakh per scheme

Regulator may ask asset management firms to go slow on thematic schemes

Some themes aggressively pursued by fund houses include environmental, social and governance (ESG), international funds, and other innovative ETFs in the equity, as well as debt segments

NARCL headhunting for core team begins ahead of launch in July

Invites quotes from Aon to help it in the hiring process

Listed AMCs' shares gain after Sebi's 2-year ban on Franklin Templeton MF

Shares of HDFC Asset Management Company (AMC) rose as much as 3.4 per cent, while those of UTI AMC and Nippon Life India AMC gained about 1.83 per cent and 1.33 per cent, respectively, on Tuesday

India's top listed AMCs ride rising market to beat Covid pandemic in FY21

Analysts expect momentum to sustain in the current financial year as equity flows rebound