Page 37 - Mutual Funds
Sebi nod for universal exchanges from October 2018
Norms for mutual funds tightened; decision on loan default disclosure deferred
 "Sebi nod for universal exchanges from October 2018")
Sebi likely to rejig mutual fund categorisation norms to curb credit risk
Restrictions on lower-rated papers may be put in place across most debt fund categories
 "Sebi likely to rejig mutual fund categorisation norms to curb credit risk")
BS Fund Cafe: Credit events may not halt MF industry's growth, say experts
Seven top executives discuss the road ahead for the fund industry, how they plan to restore investor confidence and woo millennials
 "BS Fund Cafe: Credit events may not halt MF industry's growth, say experts")
BS Fund Cafe: Banks obviously have NPA issue, MFs don't, say fund managers
India's leading fund managers say it is unfair to compare the fund industry's issues with the banking sector's woes
 "BS Fund Cafe: Banks obviously have NPA issue, MFs don't, say fund managers")
Banks, national distributors skip mutual funds for insurance, PMS
Move follows regulatory diktat to reduce total expense ratio, shift to trail commissions
 "Banks, national distributors skip mutual funds for insurance, PMS")
Top events today: FM to meet FPIs, MFs, IIP data, SpiceJet Q1 and more
From SpiceJet quarter result to Industrial Production data, Business Standard brings you top events of the day
 "Top events today: FM to meet FPIs, MFs, IIP data, SpiceJet Q1 and more")
Sebi asks mutual funds to shift all investments to listed securities
Under the new proposed prudential framework, mutual funds would invest only in listed or to-be-listed equity shares and debt securities
 "Sebi asks mutual funds to shift all investments to listed securities")
Mutual funds can be part of inter-creditor agreement, clarifies RBI
Reserve Bank of India underlines importance of looking at liabilities of stressed assets comprehensively
 "Mutual funds can be part of inter-creditor agreement, clarifies RBI")
MF investors look to cut losses, move to less-volatile alternatives
While investors are looking to trim their equity positions, fund managers feel this could be an opportune time for investors to build fresh positions
 "MF investors look to cut losses, move to less-volatile alternatives")
Retail investors forfeit Rs 1.33 trillion since Budget; m-cap falls 10%
Combined market cap of listed firms down Rs 14.8 trillion
 "Retail investors forfeit Rs 1.33 trillion since Budget; m-cap falls 10%")
Street signs: Equity MFs cut exposure, IPO grey market activity, and more
Domestic mutual fund (MF) managers are pruning their exposure to the banking sector, especially private sector banks
 "Street signs: Equity MFs cut exposure, IPO grey market activity, and more")
Should you stop your SIPs in equity funds? No, that will be a bad idea
If you do so during a bear phase, you will forgo the benefit of rupee-cost averaging, an important factor in boosting long-term performance
 "Should you stop your SIPs in equity funds? No, that will be a bad idea")
Side-pocketing DHFL exposure: Sebi may allow mutual funds to join ICA
Regulator may grant one-time relaxation to fund houses
 "Side-pocketing DHFL exposure: Sebi may allow mutual funds to join ICA")
DSP Mutual Fund initiates legal action against DHFL to recover dues
Litigation may delay housing financier's resolution plan
 "DSP Mutual Fund initiates legal action against DHFL to recover dues")
Sebi flags 23 MF practices, warns of action if they violate rules again
Regulator tells fund houses any repetition of breaches will be viewed seriously
MFs' Essel group exposure likely to fall by 30-50% after Zee stake sale
Zee stake sale to Oppenheimer would benefit MFs holding the firm's shares as collateral
 "MFs' Essel group exposure likely to fall by 30-50% after Zee stake sale")
DSP Mutual Fund takes 50% haircut; CCD group firms ask for 2 weeks
The haircut led to a 1.3 per cent hit on the net asset value of DSP Credit Risk Fund, which held these debentures
 "DSP Mutual Fund takes 50% haircut; CCD group firms ask for 2 weeks")
Reader's corner: Mutual Funds
Ordinarily people derive a lot of comfort from investing into PPF, and rightly so
Mutual funds face Rs 193-crore exposure to VG Siddhartha-related companies
Siddhartha, the chairman of Coffee Day Enterprises, was found dead on Wednesday
 "Mutual funds face Rs 193-crore exposure to VG Siddhartha-related companies")
Mutual funds' exposure to Coffee Day Natural Resources stood at Rs 192 cr
Meanwhile, DSP had exposure of Rs 132 crore through its credit risk fund
 "Mutual funds' exposure to Coffee Day Natural Resources stood at Rs 192 cr")
