Now that you can view the annual commission you pay to the distributor, make sure they truly earn the fee
Besides, equity mutual funds folio reached 3.7 crore by the end of August
They are sometimes available on the exchanges at a discount of 30-40 per cent to their net asset value
Industry expects a one-time delay as several issues pertaining to CAS yet to be worked out
Nimesh Shah, managing director & chief executive officer, ICICI Prudential Asset Management Company, answers your questions
Consolidated Account Statement to also give scheme's average total expense ratio for half-year period for each scheme's plan
Starting next month, the periodic statements provided to mutual fund investors will have to disclose commission paid to distributors or financial planners. Fund houses are lobbying with the Securities and Exchange Board of India (Sebi) to dilute this requirement. They fear it would spark an insurance-industry-like practice where investors ask for kickbacks from agents. Sources say Sebi will soon take a call on this issueChandan Kishore KantSebi, YES Bank at odds?Recently, Rana Kapoor, managing director and chief executive officer of YES Bank, said its $1-billion qualified institutional placement (QIP) failed to sail through due to the Securities and Exchange Board of India's norms. His comment seems to have not gone down well with the market regulator. According to sources, Sebi called YES Bank's investment bankers, Goldman Sachs and Motilal Oswal to understand the issue. Kapoor in an interview to a TV channel had said Sebi's two-day notice requirement acted as a hurdle.Samie ModakOnli
Market experts attributed the inflow to investment in SIPs and strong participation from retail investors
This is on top of an addition of 43 lakh folios in FY 2015-16 and 25 lakh in FY 2014-15
Well spread monsoon, better corporate results, smooth progress on GST Bill and positive data coming from US economy are the reasons
Industry experts attributed the monthly rise in assets base to inflows in income and equity categories
Mutual funds' big-bet picks pip benchmarks in 2016
Ask yourself: if you had fresh money to invest, would the new or merged fund be your first choice?
In 2015-16, fund managers had invested over Rs 70,000 crore in the equity markets
Reversal of mutual fund flows into stocks indicates the redemption pressure on fund managers, seen since March, has reduced, say experts
Top honchos of the mutual fund sector debunk the belief that current expense ratios are high, argue in favour of consolidation of schemes, and highlight the changing role of technology
Outlook Asia Capital compiled data that suggests top 30 equity schemes comprising about 60 per cent of mutual fund sector's equity assets
Fund houses like IDFC MF, HDFC MF and Reliance MF were aggressively dipping into their cash reserves to increase exposure to stocks
Experts have attributed the trim in allocation to banking stocks to mounting bad loans of public sector banks
The stock is the third most owned counter by equity funds after HDFC Bank and ICICI Bank