Page 12 - Mutual Funds
Street signs: Gold ETFs to gain traction, PLI may hurt battery firms & more
Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields
 "Street signs: Gold ETFs to gain traction, PLI may hurt battery firms & more")
17 of 24 small-cap funds deliver more than 100% returns in one year
These funds account for Rs 56,000 crore of category assets worth Rs 71,700 crore
 "17 of 24 small-cap funds deliver more than 100% returns in one year")
Returns from healthcare ETFs can be highly cyclical, say analysts
Avoid over 5% exposure and have 5-7 years of investment horizon
 "Returns from healthcare ETFs can be highly cyclical, say analysts")
Fintech firm Groww enters Rs 32-trillion MF space with Indiabulls purchase
Groww said Sebi's recent change in sponsorship criteria for fintech companies has enabled it to enter into the asset management space
 "Fintech firm Groww enters Rs 32-trillion MF space with Indiabulls purchase")
Amfi asks MFs to include cash component in overall yield of debt schemes
Sebi had earlier expressed displeasure at fund houses depicting portfolio yield of debt schemes by leaving out yields on cash and cash equivalents
 "Amfi asks MFs to include cash component in overall yield of debt schemes")
Value of FPI, LIC and retail holdings hits record highs in Q4, shows data
This came amid buoyancy in the secondary market
 "Value of FPI, LIC and retail holdings hits record highs in Q4, shows data")
Debt MFs see Rs 84,202-cr outflow in Q4 on redemption from liquid funds
Debt mutual funds witnessed an outflow of Rs 84,202 crore in three months ended March 2021, with liquid schemes contributing 56 per cent of the withdrawal, according to a Morningstar report. This was the only quarter in 2020-21 that saw outflow in the fixed-income or debt category. The outflow comes following an inflow of Rs 1.69 lakh crore in December quarter, Rs 35,522 crore in September quarter and Rs 1.09 lakh crore in June quarter. According to the report, fixed-income category had faced a challenging atmosphere since the downgrade to IL&FS back in 2018. A spate of downgrades to other entities following the IL&FS crisis left some of the fixed-income funds in a serious liquidity crunch as redemptions in certain categories explode, it added. "Given the uncertainty in the economy caused by COVID-19, investors are again moving toward risk-averse assets in the fixed-income segment during volatile times, as they tend to provide better protection to their capital relative to ...
 "Debt MFs see Rs 84,202-cr outflow in Q4 on redemption from liquid funds")
LIC's holding in listed companies at all-time low on profit booking in Q4
Insurance behemoth LIC opted for profit-booking by selling its equity stakes in companies during the March quarter, a report said on Monday
 "LIC's holding in listed companies at all-time low on profit booking in Q4")
Why are domestic & foreign institutional investors gung ho on this insurer?
Analysts expect SBI Life stock to outperform peers over the next one-two years, riding on the stock growth prospects for the sector
 "Why are domestic & foreign institutional investors gung ho on this insurer?")
Domestic mutual funds join the ESG bandwagon, but it's still early days
Currently, ESG funds have AUM of around Rs 10,500 crore
 "Domestic mutual funds join the ESG bandwagon, but it's still early days")
What happens to investments when the holder dies without nominating anyone?
Your family could face difficulties as getting a succession certificate from the court is easier said than done
 "What happens to investments when the holder dies without nominating anyone?")
MFs continue buying spree, infuse Rs 5,526 cr in equities in April
Continuing their buying spree for the second straight month, mutual funds invested Rs 5,526 crore in stocks in April with fund managers sensing opportunities after some consolidation in the market
 "MFs continue buying spree, infuse Rs 5,526 cr in equities in April")
AMC staffers set for bonus boost as industry manages to grow asset base
Bonuses for FY21 may be 20-30% of annual pay; yearly increment can be in high single digits
 "AMC staffers set for bonus boost as industry manages to grow asset base")
Value funds shine amid broad-based rally as 'growth' trade fizzles out
Data from MF Explorer shows that maximum return generated by value funds the past one year is 96% and average is 59%
 "Value funds shine amid broad-based rally as 'growth' trade fizzles out")
Where beginners in mutual funds should invest in the time of Covid-19
The key is to develop an asset allocation plan and then fill each slot with an appropriate fund
 "Where beginners in mutual funds should invest in the time of Covid-19")
Street signs: MF fancy UTI AMC, analysts positive on road builders
Several MF houses bought shares of peer UTI Asset Management Company during the March quarter
 "Street signs: MF fancy UTI AMC, analysts positive on road builders")
Equity mutual funds may log inflows for a second consecutive month
Key categories see a jump in assets; fund managers step up buying in April
 "Equity mutual funds may log inflows for a second consecutive month")
New Sebi norms on compensation: Mutual fund houses fear losing talent
To seek changes in circular asking to pay 20% salary to key staffers in scheme units
 "New Sebi norms on compensation: Mutual fund houses fear losing talent")
Fund houses to press for modifications to Sebi compensation circular
Among the most important tweak sought by the industry will be to reduce the ambit of 'key employees'
 "Fund houses to press for modifications to Sebi compensation circular")
Rules can be simpler and yet have an impact: Radhika Gupta
There are several layers to the Sebi circular on AMC employee compensation, which could have widespread ramifications
 "Rules can be simpler and yet have an impact: Radhika Gupta")
