Page 5 - Mutual Funds

With more volatility likely, investors should stick to large-caps, BAFs

Market participants believe that concerns still linger in the markets and investors should continue to have higher weighting towards large-cap funds

BS Fund Manager: Will volatile markets put mutual funds to test again?

Equity MFs have emerged as a saviour in domestic markets as FPIs have continued to sell stocks

Aditya Birla Sun Life's new fund collects over Rs 2,200 crore

Aditya Birla Sun Life Mutual Fund has collected over Rs 2,200 crore from over 1.18 lakh applications for its business cycle fund, which is an open-ended equity scheme following business cycle-based investing theme. The fund was open from November 15-29, and was later reopened for subscription and has so far collected over Rs 2,200 crore, the fund house said without disclosing the current asset under management (AUM) of the fund. A Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC, said the fund has attracted over 1,17,800 applications, covering more than 10,500 pin codes across T30 (top 30 cities), B30 (beyond the top 30) and emerging markets. With collection of over Rs 2,200 crore, it is one of the largest funds within this category of thematic schemes. Economic cycles are divided into four phases -- expansion, peak, contraction and slump, which all impact the markets. This fund factors in both the macroeconomic phases, as well as the industry-specific developments in its ..

No threat to mutual funds from direct stock investing: Industry chiefs

The bull run over the past year has fuelled a surge in interest in direct stock investing, especially among the millennials

Gruhas Proptech plans to launch $150 mn-proptech focussed fund

Gruhas Proptech, backed by Zerodha promoter and Puzzolana Group, plans to launch a USD 150 million proptech focussed fund in the first quarter of next financial year

Active large-cap funds outperform benchmarks on back of broad rally

Delivering higher returns than passive funds on the back of broad-based rally in Indian equity markets

International funds can provide protection against rupee depreciation

When remitting money abroad, go with the player that offers the most attractive exchange rate

SBI planning to offload 6% stake in AMC through initial public offer

SBI currently holds 63 per cent stake in the mutual fund company and the remaining 37 per cent stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding

Why's India short on registered investment advisors?

India has just about 1,324 registered investment advisors for an investor base of over five crore. What is the reason for this? Is it SEBI's rules or investors' reluctance to pay for advice?

What is MF Central? How will it make the life of investors easier?

Two registrar and transfer agents of the mutual funds industry recently launched a transaction platform for investors. Named MF Central, it promises to provide a dashboard to all mutual fund investors

TMS Ep63: GST council meet, Ikea India CEO, markets, MF Central

What's the expectation from upcoming GST council meet? How does Ikea India CEO Peter Betzel plan to expand? Where are global equities headed next year? What is MF Central? Find all answers here

AMFI pitches for debt-linked saving schemes; tax parity with ULIPs

Also, Association of Mutual Funds in India has requested for uniformity in taxation on listed debt securities and debt mutual fund

Franklin Templeton MF unitholders to get Rs 985 cr in eighth tranche

A total of Rs 25,114 crore has been distributed across 6 schemes under winding up

Diversify your retirement corpus across products to get a tidy sum at 60

In fact, you need to be more diligent if you're over 50 as there is a higher risk of losing your job, and in any case you have less than a decade to build a nest egg

Samco MF aims to mop up Rs 5,000 crore from debut Flexi-fund NFO

The fund will use a metric called active share" that shifts from traditional benchmarking and focuses on heavily stress tested" companies

Sebi extends deadline for risk mgmt framework implementation till April '22

Sebi on Friday extended the deadline till April 1 next year for implementing the risk management framework for mutual funds as well as the two-tier structure for benchmarking of certain categories of schemes. The implementation was to come into force from January 1, 2022. Meanwhile, the watchdog has come out with guidelines on usage of pool accounts by mutual funds as well as norms for investment in Bills Re Discounting Scheme (BRDS). All these decisions have been taken after receiving representations from the Association of Mutual Funds in India (AMFI). As per the rules, trustees and Asset Management Companies (AMCs) will have to ensure that the assets and liabilities of each scheme are segregated and ring-fenced from other schemes of a mutual fund. Also, bank accounts and securities accounts of each scheme should be segregated and ring-fenced. However, the securities or funds held in the pool accounts at mutual fund level are duly segregated scheme-wise and is appropriately ...

Equity mutual funds' net inflows at over Rs 11K crore in Nov: AMFI

Equity-linked mutual fund schemes saw net inflows of over Rs 11,614.73 crore in November, as per the data furnished by the Association of Mutual Funds in India (AMFI)

Equity MFs see ninth straight month of inflows in Nov, at over Rs 11,000 cr

This, even as benchmark indices saw their biggest correction in 21 months

MapmyIndia raises Rs 312 cr from anchor investors at Rs 1,033 per share

33% of anchor book allocated to 9 mutual funds through 17 schemes

Fund pick: Why UTI Flexi Cap Fund has consistent performance across periods

Systematic investment plan is a disciplined mode of investing in mutual funds, through which one can invest a certain amount at regular intervals