Page 18 - Mutual Funds

Investors want paper ballots in Franklin MF voting, overseen by ex-CECs

Investor association seeks changes in Franklin Templeton voting process

India sets high benchmark for global MF industry on disclosure: Report

According to Morningstar biannual Global Investor Experience report on disclosure, India, along with the US, received "top" grades due to their robust disclosure practices

What will a 'Yes' or 'No' vote mean for Franklin Templeton investors

If investors in the six Franklin Templeton schemes vote for reopening, they may have to take large haircuts

Franklin Templeton: SC asks Sebi to appoint observer for e-voting process

The apex court said that its December 3 order, in which it had said that for the time being, there will be stay of redemption payment to the unit holders, would continue in the meantime.

Fifth month of pull out from equity MFs, redemption at Rs 12,917 cr

November outflow at record high even as overall AUM tops Rs 30 trn milestone on sharp run up in stock markets and positive flows into debt category

Investors may lose money if wind-up spurned, says Franklin Templeton

E-voting to shut debt schemes on Dec 26-28

MF stock universe set for a rejig; ICICI Securities expects 4-5 switches

YES Bank could re-enter the large-cap universe at it is currently the 88th most valued company in the country

It's likely value-oriented stocks will outperform, says Nippon India MF CIO

On the domestic side, we have latent demand in many industries due to the slowdown of the last few years, multi-year low-interest rates, exports, and capital flow being assisted by the global macro sc

MFs selling spree continues; withdraw Rs 30,760-cr from equities in Nov

Foreign Portfolio Investors (FPIs) have put in over Rs 1.08 lakh crore in the Indian equity markets during January-November period of 2020

MFs storm market with 47 new equity offerings mopping up Rs 9,000 cr

10 NFOs are closing this month; list features over a dozen passive schemes, including index funds and ETFs that have gained popularity among investors

Franklin Templeton urges investors to vote for winding up of 6 schemes

The Supreme Court had directed Franklin Templeton Mutual Fund to seek consent of the unit-holders for winding up six debt schemes.

'It is a good time to look at non-US, global equity investing'

"We have been positive on sectors such as power, telecom, and metals & mining for some time now," says Nimesh Shah, managing director and chief executive officer at ICICI Prudential AMC.

Mutual funds set to turn net sellers of equities after 6 years of buying

On a year-to-date basis, domestic funds have offloaded equities worth more than Rs 20,000 crore On a year-to-date basis, domestic funds have offloaded equities worth more than Rs 20,000 crore

IT and telecom will do well in the medium term: Vinay Paharia of Union AMC

In a Q&A, Paharia says the economy is expected to recover sharply driven by base effect and pent-up demand, and that govt's 'AtmaNirbhar' packages are likely to provide a fillip to manufacturing

RBI rejects Muthoot Finance's proposal to acquire IDBI Mutual Fund

The RBI has turned down the proposal of Muthoot Finance to acquire IDBI Bank's mutual fund business, saying sponsoring a mutual fund is not in consonance with the activity of an operating NBFC. According to a regulatory filing by IDBI Bank on Tuesday, a share purchase agreement with regard to sale of IDBI Mutual Fund to Muthoot Finance was signed on November 22, 2019. "The agreement was entered into by and between Muthoot Finance, IDBI Bank, IDBI Capital Markets & Securities, IDBI Asset Management and IDBI MF Trustee Company...for acquisition by Muthoot Finance of 100% equity shares of IDBI Asset Management held by IDBI Bank and its nominees and IDBI Capital Markets & Securities, and 100 % equity shares of IDBI MF Trustee Company held by IDBI Bank and its nominees," it said. This was subject to receipt of necessary regulatory approvals from the Securities and Exchange Board of India (Sebi) and other regulators. "As advised by Muthoot Finance, we (IDBI Bank) would like to ...

Fund managers ask govt to take steps for addressing poor show by PSU stocks

Many stocks in this group are grossly undervalued, the fund managers told the Centre

Lakshmi Vilas Bank depositor? Spread deposits across banks to lower risks

If you hold an account at Lakshmi Vilas Bank, which has been placed under a moratorium restricting withdrawal of more than Rs 25,000, you must have many queries. We try to answer some of them.

T Rowe Price signs agreement to acquire majority stake in UTI Trustee

The deal will give it over 51 per cent stake in the trustee even as the stake of three public sector shareholders will fall to under 10 per cent in UTI Trustee Company

Franklin Templeton MF's six shut schemes garner Rs 941 cr in fortnight

Franklin Templeton MF shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market

MF assets soar 4.5x in past decade, likely to sustain growth in the future

In the past decade, the equity-debt mix has largely remained constant, with the former contributing to around 28 per cent of the AUM.