Page 23 - Mutual Funds

Credit risk erosion likely to weigh on debt business of mutual funds

Credit risk funds usually fetch between 1.5 per cent and 1.9 per cent expense ratio, depending on the fund house and size of the scheme

Street signs: New YES Bank shares enter market, high-beta RIL, and more

High-risk investors have shifted to the partly paid (PP) counter of Reliance Industries (RIL) to generate more bang for the buck

Debt MFs vulnerable to large-investor exits: Financial Stability Report

Report says pullouts from funds could be concerted in times of stress

Market regulator directs MFs to trade corporate bonds on exchanges

Move aimed at improving transparency and price discovery

Digital MF platforms look to diversify product offerings to drive growth

Over the last two years, the segment had seen strong PE funding

Lifeline for MFs: PMO suggests steps for resolution of stressed assets

Writes to DEA and Sebi for Covid-19 support fund for closed-ended debt schemes

Income Tax dept adds new features in 26AS Form to help taxpayers

The new variant of 26AS Form will have taxpayers' details as specified statements of financial transactions (SFTs) in various categories

Equity MFs take money off the table after sharp rebound in stock prices

Money managers increased their wager on Kotak Mahindra Bank, Bharti Airtel, SBI Life Insurance, HDFC Life, and HDFC AMC, which also saw large share sales

UTI MF schemes receive payments for side-pocketed Zee Learn exposure

Balance amount was paid by Zee Entertainment Enterprises

MFs pare weighting in health care and pharmaceutical companies in June

The reduction in weighting has come after five consecutive months of jumps

Share of institutional investors in market volume declines in June

FPIs accounted for 12.2 per cent of the average daily turnover in the cash segment, while MFs' participation accounted for 4.2 per cent of the volume

Franklin Templeton schemes receive pre-payment from Nirma's cement arm

The two debt papers were to mature in September 2020 and September 2021, respectively

Amfi hired agency to carry out valuation of market-linked debentures: Sebi

The regulator has made these changes because of amendment done in rating agencies' norms, Sebi said in a circular.

Day trading distorts valuations

Investors should be very careful under the circumstances when entering small-caps, in particular

Vodafone Idea repays Rs 2,850 crore to NCD holders on maturity

The payout was made to mutual fund schemes of Franklin Templeton, UTI and Nippon, which had exposure to debt paper of the troubled telecom company

MFs receive maturity payments from telecom major Voda Idea on Friday

Franklin schemes under wind-up received over Rs 1,200 crore

Mutual fund investors brace for weak returns in closed-end schemes

Several of these were oriented towards mid, small-cap stocks, which did not play out as expected

Karnataka High Court to hear Franklin Templeton MF matter on priority

Court directs concerned parties to file any rejoinders by July 29

Equity mutual funds inflow tumbles 95% in June due to profit booking

Overall, the mutual fund industry witnessed a net inflow of Rs 7,265 crore across all segments last month

Stick to hybrid funds, capping risk for lower returns may not be a bad idea

If one looks at last year's data, it is interesting to note that the hybrid fund category was doing rather well till January-end