Page 53 - Mutual Funds
Mutual funds' share in m-cap at a new high
MFs' share up from 2.9% to 4.5% in past two years thanks to consistent inflows, rising stock prices
 "Mutual funds' share in m-cap at a new high")
Direct plans now 40% of MF assets
Push led by institutional investors, especially in debt products; however, experts divided on whether the savings here are worth it in the longer run for small investors
 "Direct plans now 40% of MF assets")
US mutual funds boost own performance with unicorn mark-ups
Mutual funds' involvement also helped boost the number of so-called unicorns - private companies valued at $1 billion or more
 "US mutual funds boost own performance with unicorn mark-ups")
Move to shorter-duration debt funds
Frequency, magnitude of rate cuts will be slow, going forward. Investors should be happy with lower returns
 "Move to shorter-duration debt funds")
MFs' assets top Rs 15 lakh cr in July
Buoyant market amid liquidity helped the sector reach the milestone
 "MFs' assets top Rs 15 lakh cr in July")
Mutual Funds exposure in bank stocks hits a record at Rs 94,000 crore
Government's announcement of capital infusion in public lenders too has a positive impact
MFs' net foreign liabilities up 4.9% in FY16 to Rs 58,170 cr: RBI
These liabilities of MFs are essentially assets belonging to foreign investors
Teething troubles at central KYC registry
Many banks, insurers, fund houses stop processing new accounts
Mid, small-caps race ahead of fund managers
Average scheme returns lag growth of indices
 "Mid, small-caps race ahead of fund managers")
MF investments in stocks remain tepid in July
Fund managers bought a net Rs 240 cr of shares, even as the benchmark Sensex posted its biggest monthly advance since May
 "MF investments in stocks remain tepid in July")
Don't chase past performance in small-cap funds
Only investors with investment horizon of seven years or more should enter these funds
 "Don't chase past performance in small-cap funds")
Banks show bias towards selling own MF products
May not be a healthy trend for the sector, say experts
 "Banks show bias towards selling own MF products")
MF investors skip G-sec rally on rate-cut gloom
Gilt funds witness redemptions as yields soften
 "MF investors skip G-sec rally on rate-cut gloom")
PSBs lag private peers in embracing MF sales
Fail to catch up, despite vast networks
 "PSBs lag private peers in embracing MF sales")
Fund distributors' fees dip 23% on new rules
Payout dips 23 per cent; number of individual crorepati distributors shrinks to 60 from 87
 "Fund distributors' fees dip 23% on new rules")
Fund Pick: ICICI Prudential Value Discovery Fund
ICICI Prudential Value Discovery Fund has been classified in the small and mid-cap equity-oriented category under the CRISIL Mutual Fund Ranking
New fund option in mid-cap space
ICICI Pru's new Midcap Select ETF will be in a space where only three schemes exist. Investors should understand the product before investing
 "New fund option in mid-cap space")
Banking, infra schemes made the most money last month
They offered returns in excess of 6% beating all other equity categories
 "Banking, infra schemes made the most money last month")
Global jitters hobble equity MF managers in June
As of Monday, overall net investment by fund managers in June has been only Rs 81 crore, down from Rs 7,200 crore in May
 "Global jitters hobble equity MF managers in June")
MFs invest Rs 76,000 cr in debt market in Apr-Jun
Experts see increased participation from investors at work for the inflows into the debt market
