Page 11 - Mutual Funds
Sebi increases overseas investment cap for individual MFs to $1 bn
Earlier limit was $600 mn; overall industry limit of $7 billion
 "Sebi increases overseas investment cap for individual MFs to $1 bn")
Growth delayed, not denied due to Covid-19 wave: Axis MF's Jinesh Gopani
Markets believe growth will revive in the latter half of FY22, says executive.
 "Growth delayed, not denied due to Covid-19 wave: Axis MF's Jinesh Gopani")
Small-cap funds deliver by reverting to mean: Here're the 5 best performers
The category is volatile; take limited exposure to funds with quality portfolios
 "Small-cap funds deliver by reverting to mean: Here're the 5 best performers")
BSE StAR MF logs record 11.4 mn transactions worth Rs 30,938 cr in May
BSE said its mutual fund distribution platform StAR MF has processed a record 1.14 crore transactions worth Rs 30,938 crore in May
 "BSE StAR MF logs record 11.4 mn transactions worth Rs 30,938 cr in May")
Don't overpay for a stock on growth hopes, go for a value fund: Experts
Investors should diversify into value funds, where managers look for margin of safety
Sebi gives more time to mutual funds to implement new disclosure rules
The new norms were to come into effect from June 1.
 "Sebi gives more time to mutual funds to implement new disclosure rules")
Aditya Birla Sun Life AMC multi-cap fund garners over Rs 1,900-cr
Aditya Birla Sun Life AMC on Monday said it has received more than 88,000 applications garnering over Rs 1,900 crore for its new multi-cap scheme during the New Fund Offer (NFO) period. The new fund -- Aditya Birla Sun Life Multi-Cap Fund-- is an open-ended equity scheme investing across large cap, mid cap & small cap stocks, the asset management company said in a statement. The NFO was open between April 19 and May 3. The fund has reopened for subscription from May 10. "Despite the logistical challenges posed by the pandemic, we have attracted over 88,000 applications covering more than 9,600 pin codes across T30 and B30 markets. What is also noteworthy is the contribution coming from diversified channels across the board exhibiting our distribution strength as a fund house," A Balasubramanian, MD and CEO, Aditya Birla Sun Life AMC, said. According to him, the interest received in this new fund is also a reflection of the growing appetite of equity investments in the ...
 "Aditya Birla Sun Life AMC multi-cap fund garners over Rs 1,900-cr")
Credit risk funds top debt returns chart in the past year, shows data
Yet these schemes have run out of investors' favour since April 2020, especially after the Franklin Templeton episode
 "Credit risk funds top debt returns chart in the past year, shows data")
Rising markets boost infra scheme returns to 85% on average past one year
Industry players see this theme doing well going forward due to green shoots in some segments on the economy and govt's infra thrust
 "Rising markets boost infra scheme returns to 85% on average past one year")
Market rally a pick-me-up for Nifty 50 Equal Weight Fund, say experts
Make a small allocation, enhance exposure as more live data becomes available
 "Market rally a pick-me-up for Nifty 50 Equal Weight Fund, say experts")
After mutual funds voice concerns, Sebi may ease compensation norms
People in the know said the regulator could water down the circular following challenges highlighted by the industry with regards to its implementation
 "After mutual funds voice concerns, Sebi may ease compensation norms")
Adani Total, Apollo Hospitals, Chola could move to MF large-cap universe
The changes are likely during the half-yearly review undertaken by MF industry body Amfi during July first week
 "Adani Total, Apollo Hospitals, Chola could move to MF large-cap universe")
Investors should keep a check on cost in passive, debt funds: Experts
In active funds, you may miss out on potential winners if focus is only on expense ratio
 "Investors should keep a check on cost in passive, debt funds: Experts")
Market gives steady compounding return in mid-to-long term: Manish Gunwani
The market offers a steady compounding return in the medium-to-long term, says Gunwani
 "Market gives steady compounding return in mid-to-long term: Manish Gunwani")
Gilt funds back on investors' radar on RBI's 'accommodative stance'
Scheme category sees net inflows this April, for the first time since last December
 "Gilt funds back on investors' radar on RBI's 'accommodative stance'")
Edelweiss MF's IPO-focused scheme to go open-ended amid robust pipeline
The scheme was launched as a closed-end fund in February 2018, with a tenure of over three years ending June 2021
 "Edelweiss MF's IPO-focused scheme to go open-ended amid robust pipeline")
ICICI Prudential Savings Fund: Conservative portfolio, consistent performer
The fund has consistently outperformed its peers (funds ranked under the low duration category in CMFR in March 2021) over the trailing periods under analysis
Mutual fund small-cap schemes increase exposure towards cyclicals sectors
The top five buys of small-cap equity funds in April were Hindustan Copper, Hathway Cable & Datacom, Lux Industries, Bharat Rasayan and Dilip Buildcon
 "Mutual fund small-cap schemes increase exposure towards cyclicals sectors")
Index business grows as investors flock to passive funds for returns
Index-based products rise to top as active fund managers fail to impress clients.
 "Index business grows as investors flock to passive funds for returns")
From Sageone to Anvil Wealth, most PMS schemes beat Nifty in April
Returns were calculated on a time-weighted rate of return basis for the schemes under consideration
