Page 24 - Mutual Funds

Distribution platforms look at offering loans against MF units to investors

Investors can get these loans at 9-10 per cent interest rate

MF distribution payouts slip to three-year low in FY20 amid market slump

Experts say nudge towards direct plans, regulatory changes and market correction have led to cuts

Financials dominate large- and mid-cap universe of equity mutual funds

The top three sectors in the mid-cap space are financials (25% share), consumer (23%) and pharma (9%)

Fund Pick: UTI Equity Fund has consistently outperformed its peers

The scheme's investment objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies across market capitalisation

New to investing? Bet only a small part of your surplus directly in stocks

The bulk of your money should be invested via mutual funds and low-cost passive funds

Fund houses asked to disclose SIP contribution over accuracy concerns

Experts say move could give clearer picture on impact on flows in current conditions

Mutual fund industry AUM falls 8% to Rs 25 trillion in June quarter

The asset base of the industry was Rs 25.5 trillion in the same period a year ago

Mutual funds' asset base falls 8% to Rs 25 trillion in June quarter

AAUM of the industry, comprising 45 players, stood at Rs 24.82 trillion in April-June quarter 2020 as compared to Rs 27 trillion in the preceding quarter

Stamp duty to have "little to no impact" on retail investors: Experts

All mutual fund purchases will attract stamp duty from Wednesday but experts believe it will have "little to no impact" on retail investors as charges are too low

New stamp duty charges from July 1: What changes for mutual fund investors

A stamp duty of 0.005 per cent will be levied on issuance of units, and 0.015 per cent on transfer of mutual fund units.

UTI MF looks to bury the ghosts of the past as it finally goes public

The 3rd fund house to go public will succeed if legacy issues are put to rest; Industry insiders say that till now UTI has high brand recall in smaller cities, when investors consider a MF portfolio

Liquidity window for mutual funds induced confidence in system: SEBI

Under the special liquidity scheme, the RBI will conduct repo (repurchase agreement) operations of 90-day tenor at a fixed repo rate of 4.40 per cent for banks

Planning to invest? Don't rely only on gold-silver ratio, say analysts

Take into account the fundamental factors driving demand before deciding to shift from gold to silver

FT MF to appeal to Karnataka HC to allow payouts from cash-positive schemes

Fund house informs investor that two schemes under winding-up have cash surplus after repaying bank borrowings

Domestic fund managers' exposure to private banks hits 20-month low in May

Exposure to private lenders at a 20-month low; weighting declines 400 bps YTD

Sebi lays down operational framework for transactions in default debt

Experts say the move can help mutual funds sell debt papers, which have defaulted to distressed funds

SBI MF becomes first fund house to cross Rs 4 trillion-mark in asset base

Asset manager has seen strong flows on both debt and equity side

Marginal rise in 'against' votes by mutual funds on resolutions in FY20

Over 67,000 corporate resolutions were put before fund houses during the year

Promise of guaranteed return plans are appealing, but compare their IRR

A combination of term plan, MFs may be volatile but is likely to get higher returns

Spike in volatility in 2020 could spur significant changes in MF stocks

Half a dozen stocks tipped to exit large-cap bucket, with 17 leaving the mid-cap universe