Page 14 - Mutual Funds

Sebi modifies framework for limited purpose clearing corporation by MFs

Markets regulator Sebi on Tuesday tweaked its framework pertaining to contribution of asset management companies (AMCs) for setting up of limited purpose clearing corporation by mutual funds

Mutual funds turn net buyers, invest Rs 2,476 crore in equities in March

Mutual funds invested Rs 2,476 crore in equities in March, making it the first such infusion in 10 months, as consolidation in the market provided investment opportunities to fund managers

Equity mutual fund flows turn positive after a gap of nine months

Between June and February, equity fund managers have yanked out Rs 1.24 trillion from domestic stocks amid consistent outflows

No plans to exit India business: Franklin Templeton's Sajay Sapre

Franklin Templeton Mutual Fund on Friday said its commitment to India remains 'steadfast' and the fund house has no plans to exit its operations in the country

Franklin unitholders to get Rs 1,200 cr in second tranche next week

Sources said SBI Funds Management will distribute the proceeds to unitholders following liquidation of some securities held under the scheme

Mutual funds plan to launch a slew of FMPs as bond yields increase

Fund houses like Nippon Life India MF, Kotak MF, Aditya Birla Sun Life MF, among others, have filed offer documents with Sebi to launch these popular close-ended debt schemes

MFs push passive assets, but flurry of schemes don't impress investors

SBI MF's two schemes contribute more than half of overall passive asset base; 55 schemes have less than Rs 100 crore in assets.

A good glide path

AT1 bonds may lose sheen but Sebi takes the right call

Dynamic asset allocation gains currency in choppy equity, debt markets

Such funds alternate between debt and equity depending on market conditions

PSB mergers may hit mutual fund transactions

Industry players say redemption, incremental buying or SIP transactions of investors of PSBs could be hit if account details are not updated by clients over the next few days

SBI Magnum Medium Duration Fund: Active management of credit risk, duration

The fund maintained modified duration in the range of 1.7 years to 3.7 years during the past 3 years, averaging 3 years

Street signs: HNI IPO bets on thin ice, lapse in rights entitlement & more

At a fund house level, more than 10 per cent of assets can be invested in perpetual bonds of a single issuer

Aditya Birla Sun Life mutual fund launches two new index funds

The funds are focused on the Nitfy midcap and smallcap indices

Franklin Templeton MF's six shut schemes generate Rs 15,272 crore

Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 15,272 crore from maturities, coupons and pre-payments since closing down in April 2020

Top headlines: Mutual funds become net equity sellers; govt to set up DFI

From Mutual funds becoming net sellers of Indian equities first time in 7 years to Ola Electric planning to set up Li-ion battery plant, here are the top headlines this morning

Stay invested in debt plans, wait for clarity: Fund houses to clients

Sebi circular on perpetual bonds has sparked redemption concerns

Explained: What are perpetual bonds & why have new Sebi rules irked FinMin?

Sebi's new rules around mutual fund (MF) investments in these bonds have kicked up a storm

Mutual funds net sellers of Indian equities first time in 7 years

FY21 net selling of Rs 1.27 trn is highest in a fiscal year

Valuing AT1 bonds

A sudden change in the metrics will be disruptive

MFs hold nearly a fifth of AT-1, Tier-2 bonds issued by banks: Nomura

On March 10, the market regulator said that no MF under all its schemes shall own more than 10% of AT-1 bonds and Tier-2 bonds issued by a single issuer