Page 20 - Mutual Funds
What is a passive fund and is it a safe investment option? Things to know
In this podcast, Business Standard's Sanjay Kumar Singh explains the difference between active and passive funds, why should an investor get into passive funds and more
 "What is a passive fund and is it a safe investment option? Things to know")
Mutual fund managers pare holdings in large banks in September
The most-bought list is dominated by companies that are expected to benefit from a revival in economic activity and consumer spending
 "Mutual fund managers pare holdings in large banks in September")
Street signs: A breather before a new high, Parag Milk on HNI radar & more
The slew of regulatory changes has kept the mutual fund industry and officials of Association of Mutual Funds in India (Amfi) on their toes over the past few weeks
 "Street signs: A breather before a new high, Parag Milk on HNI radar & more")
Debt MFs log outflow for 2nd consecutive month on liquid funds withdrawal
Debt-oriented mutual fund schemes witnessed a net outflow of over Rs 51,900 crore in September, making it the second consecutive monthly withdrawal, largely on the back of a massive pullout from liquid category. Morningstar India Associate Director - Manager Research Himanshu Srivastava said investors are focusing on fixed income categories having relatively shorter duration profile, such as low duration and short duration funds, given the current interest rate scenario. In addition, they are preferring funds with pristine credit quality, especially from banking & PSU category, he said. According to the Association of Mutual Funds in India (Amfi), mutual funds (MFs) that invest in fixed-income securities or debt funds saw an outflow of Rs 51,962 crore last month as compared to Rs 3,907 crore in August. Prior to that, debt funds had seen an inflow of Rs 91,392 crore in July, Rs 2,862 crore in June, Rs 63,665 crore inMay and Rs 43,431 crore in April. "With September being the ...
 "Debt MFs log outflow for 2nd consecutive month on liquid funds withdrawal")
Forensic audit report findings not final, says Franklin Templeton
Clarifies that employees who made investments in the six wound-up schemes continue to hold substantial investments in these schemes
 "Forensic audit report findings not final, says Franklin Templeton")
Multicaps lead third straight month of equity scheme outflows in September
Industry AUM slips below Rs 27 trn in September
 "Multicaps lead third straight month of equity scheme outflows in September")
Index weighting conundrum: Mutual fund industry knock on Sebi's door
They feel regulator should allow active funds to invest above the prescribed single-stock limit
 "Index weighting conundrum: Mutual fund industry knock on Sebi's door")
Top 10 MF fund houses record double-digit growth in assets in Sept qtr
Axis MF posted the highest growth in percentage terms, with assets up 16.4 per cent at Rs 1.56 trillion, followed by UTI MF, which rose 16.1 per cent to Rs 1.55 trillion
 "Top 10 MF fund houses record double-digit growth in assets in Sept qtr")
Sebi directs mutual funds to report restructuring requests to raters
Debenture trustees have been directed to communicate immediately to investors any restructuring proposal
 "Sebi directs mutual funds to report restructuring requests to raters")
Don't take Covid-related recast as default: Sebi to MF valuation agencies
The valuation agencies appointed by the Association of Mutual Funds in India (Amfi) provide valuation of money market and debt securities and recognise default of securities
MF distributor or registered investment advisor: Whom should you choose?
Those who need advice on multiple products should go with a registered investment advisor, suggests Sarbajeet K Sen
 "MF distributor or registered investment advisor: Whom should you choose?")
Need comprehensive advice on financial planning? Go with an RIA
Those who only need to invest in MFs may use the services of a distributor
 "Need comprehensive advice on financial planning? Go with an RIA")
No mis-utilisation of funds: Franklin Templeton MF assures unitholders
Franklin Templeton Mutual Fund shut six debt mutual funds on April 23 citing unfavourable conditions in the debt market due to the Covid-19 pandemic
Sebi to introduce code of conduct for mutual fund managers, AMC officers
In addition, AMCs have been allowed to become self clearing member, Sebi said in a statement after its board meeting.
MFs add 450,000 investor accounts in August; debt schemes gain traction
The mutual fund industry added 450,000 investor accounts in August, taking the total tally to 92.5 million, primarily on account of contribution from debt schemes
 "MFs add 450,000 investor accounts in August; debt schemes gain traction")
Labelling may not affect risk perception
Investors perceive debt funds to be a safe and tax-friendly alternative to banks FDs. Grading a fund as 'very high risk' may not have a major impact
 "Labelling may not affect risk perception")
Sales of MF products from B30 cities remain stagnant in the past 2 years
Restriction in physical movement of distributors due to the pandemic may further impact numbers
 "Sales of MF products from B30 cities remain stagnant in the past 2 years")
MF distributors call for halt on fresh purchases in multi-cap schemes
Switching from one scheme to another is treated as transfer and is subject to capital gains tax
 "MF distributors call for halt on fresh purchases in multi-cap schemes")
Top headlines: Mistrys eye huge windfall; Sebi to prescribe MF stress test
Top headlines: Mistrys eye huge windfall; Sebi to prescribe MF stress test
 "Top headlines: Mistrys eye huge windfall; Sebi to prescribe MF stress test")
Sebi to prescribe stress tests, liquid holdings for debt mutual funds
This is aimed at improving liquidity in all schemes and would help schemes to meet sudden redemption pressures, said chairman Ajay Tyagi
 "Sebi to prescribe stress tests, liquid holdings for debt mutual funds")
