Page 13 - Mutual Funds

Debt MFs confident of surfing Covid-19 2nd wave despite corporate defaults

Industry players say shift to high-quality paper will help them tide the turmoil

MFs struggle to crack B30 code, shares remain in 15-17% range of AUM

Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors

Fund Pick: HDFC Corporate Bond Fund is a consistent category outperformer

The fund manager, Anupam Joshi, has over 12 years of experience and has been managing it since October 2015

ULIPs remain popular despite tax tweak, on par with equity mutual funds

Industry players say awareness of products rose after Budget

Go long to make the most of strong run in the small-cap fund category

Allocate 10-15% to these funds for a 10-year period, don't just rely on history

Aditya Birla MF files IPO document with Sebi; issue size Rs 2,000 cr

Through the maiden offering Canadian firm Sun Life Financial will divest its 12.56% holding, while Aditya Birla Capital will sell a little less than 1%

Sebi directive of April 1 may put the brakes on MF dividends in FY22

Operational and compliance challenges foreseen for fund houses in deducting tax at source, resulting in possible TDS mismatches and disputes with investors

Second wave of Covid-19 hangs over MFs' expanding investing universe

The stocks mutual funds had invested in had risen almost to pre-pandemic levels in March

Mutual funds' assets under management surge 41% to Rs 31 trillion in FY21

Assets under management (AUM) of the mutual fund industry witnessed a growth of 41 per cent in the last financial year

Fund managers pare holdings in several blue chip stocks in March

Nine of the 10 most-sold stocks were part of the Nifty50

Flows into passive funds steal a March over active schemes in 2HFY21

Officials in the industry say since several large-cap funds have not been generating alpha, investors may be opting for passive funds instead

Sebi comes out with new guidelines on reporting formats for mutual funds

Capital markets watchdog Sebi on Monday came out with fresh guidelines on reporting formats for mutual funds.

At 1.67 million, March logs most SIP registrations in FY21: Amfi data

The revival in flows and an uptick in new accounts is an encouraging sign for the Rs 32-trillion domestic mutual fund industry

Street signs: Large AMC IPOs can be delayed, MFs buy Timken India & more

Several high net-worth individuals are said to be lapping up shares of cotton yarn manufacturers amid a spike in yarn prices

Sebi frowns at MF industry's incorrect yield depiction of debt schemes

Excluding cash portion while calculating the yield of a debt scheme can jack up overall fields of a scheme.

Mutual fund assets soar 41% to Rs 31.43 trillion in FY'21: Report

Assets under management with the mutual fund industry jumped a whopping 41 per cent in fiscal 2021 to Rs 31.43 trillion, despite a minor 1 per cent decline in March, says a report

SBI Mutual Fund asset base crosses Rs 5 trillion-mark in March quarter

The fund house's average asset under management (AAUM) rose to Rs 5.04 trillion in 2020-21 from Rs 3.73 trillion in the preceding fiscal

80% of Indian large-cap funds underperformed benchmarks in 2020: Report

Four-fifths of Indian large-cap funds have underperformed when compared to benchmark indices in 2020, a report said on Thursday. In the equity-linked saving schemes (ELSS) and mid/small-cap funds, the performance was marginally better with the underperformance of 65 per cent and 67 per cent as against the benchmarks, S&P Indices Versus Active (SPIVA) said. S&P Dow Jones Indices' associate director for global research and design Akash Jain said the performance was worse if one were to consider the recovery after the markets hit the trough in April. "During this recovery period, we saw that the second half of 2020 has been a particularly challenging period for Indian equity active funds where 100 per cent of the Large Cap funds, 80 per cent of the ELSS funds and 53 per cent of the Mid-/Small-cap funds underperformed their respective benchmarks," he said. Overall, 2020 had extraordinary volatility and India joined the rest of the world in this aspect, Jain added. There was a ...

Debt MF returns may remain subdued on RBI's accommodative stance

Money managers say investors to look at medium-duration bonds

MFs log strong 19% AUM growth at Rs 32.1 trillion in March quarter

SBI cements pole spot, widens lead over HDFC MF; Among top 10, Axis MF has logged highest growth in average AUM at 42% to Rs 1.96 trillion