Page 10 - Mutual Funds

Amfi rejig: NMDC, SAIL, BoB, 4 other stocks enter large cap category

Changes will apply from July-December 2021; newly-listed companies India Railway Finance, Macrotech, Indigo Paints and Sona BLW Precision Forgings enter mid-cap category

Equity mutual funds may see net inflows for fourth straight month

Market participants say that redemption pressure has slowed down, and new sales have gone up substantially in the month of June

Sebi fines IL&FS, AFSPL for fraudulent MF transactions

The Securities and Exchange Board of India (SEBI) has fined IL&FS Securities Services Ltd and Allied Financial Services Pvt Ltd (AFSPL) over involvement in fraudulent transfer of mutual fund units from client's accounts.

Index funds under focus as Navi MF looks to disrupt the market

NFO for Navi Nifty 50 Index Fund opens July 3; scheme will have expense ratio of just 0.06% under the direct plan and 0.26% under regular plan which is bought through an intermediary

SAT grants interim relief to Franklin Templeton MF, partly stays Sebi order

In a 100-page order, Sebi has rapped the fund house for "several irregularities" in the running of its six debt schemes that were wound up in April 2020

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

Only savvy investors should enter into floating-rate funds: Analysts

Select a debt fund whose average duration is lower than the investment horizon

Rectifying mismatch between 26AS, Form 16 crucial before filing returns

Taking excess credit during ITR filing could lead to notice from tax dept

Flexicap schemes find favour among investors amid broad market rally

Category now second biggest after large-cap funds

Europe's fund managers get a green makeover

ESG or sustainable Environmental, Social and Governance investment has grown exponentially in recent times

Four foreign funds in limelight for skewed investment in Adani group firms

Elara India Opportunities Fund, Albula Investment, APMS Investment and Cresta Fund have invest­ment in a number of domestic­ally listed firms besides the Adani group firms

Franklin case: Meet Vivek & Roopa Kudva, the couple in Sebi's firing line

The Kudva family finds itself in an unfortunate position. But professionals have been forewarned after this incident

Let quant funds build track record before investing, say analysts

These funds select stocks by applying quantitative parameters or filters

Don't go by history alone while picking hybrid fund, say analysts

These are for long-term wealth; dynamic funds protect downside risk better

Franklin Templeton moves to calm Indian investors after new debt fund ban

SEBI barred Franklin from launching any new debt schemes for two years after a probe into its sudden closure of six credit funds last year found serious lapses and violations

Recovery in NAV supports winding up decision, says Franklin Templeton

Says current NAV of each of the six schemes is higher than on April 23, 2020, the AUM on which date was considered while returning amounts to unitholders

Decoded: Making sense of the Franklin Templeton Mutual Fund saga

All schemes were holding highly illiquid and large portions of low-rated securities. As a result, the fund house had challenges meeting the redemption requests

Equity mutual funds see Rs 10,000 cr-inflow in May, a 14-month high

This was way higher than Rs 3,437 crore net inflow seen in April and Rs 9,115 crore in March, Amfi data showed on Wednesday

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

BSE StAR MF signs MoU with GUMCCSL to deepen network for rural engagement

BSE StAR MF, India's largest mutual funds distributor platform, has signed a memorandum of understanding with Godavari Urban Multi State Credit Co-Op Society Ltd (GUMCCSL) at Nanded