Page 7 - Mutual Funds

Gift a financial instrument and watch its value grow over the years

Keep in mind that gifts of above Rs 50,000 from non-relatives are taxable in the recipient's hands, except during a wedding

India logs over Rs 10,000 cr of monthly mutual fund inflows in market boom

Inflows into mutual funds from regular contributions through systematic investment plans, or SIPs, hit an all-time high of 103.5 billion rupees ($1.4 billion) in September

MFs assets under management jumps to nearly Rs 37 lakh cr in Sep: Amfi

Driven by record inflows into SIPs, overall mutual funds industry's assets under management jumped to nearly Rs 37 lakh crore in September, registering an over 33 per cent growth, according to Amfi

BSE StAR MF logs net equity inflow of Rs 6,396 crore in September

Mutual funds distributor platform BSE StAR MF registered a net inflow of Rs 6,396 crore in equity schemes in September, BSE said on Friday

Sebi asks MFs to direct more trades towards RFQ platform on exchanges

The higher limits will come into force with effect from December 1

86% of large-cap MFs underperformed indices in year to June 2021: Report

Eighty six per cent of large-cap equity schemes of mutual funds underperformed the indices during the one year to June 2021, which witnessed one of the strongest rallies in the markets, a report said on Monday. The scenario was not different in mid-cap and small-cap schemes of MFs either, which witnessed 57.1 per cent of the schemes trailing the movement in the respective benchmarks, S&P Indices Versus Active (SPIVA) said in its half-yearly report. Markets have had a phenomenal run since April 2020, fuelled by easy liquidity conditions created the world over following the pandemic, and concerns have been raised about the financial market euphoria being de-linked from actual economic activity on the ground. The report said over longer horizons as well, majority of the actively managed funds in India underperformed their respective benchmarks. Over a five-year period ending in June 2021, 82.7 per cent of large-cap, 76.2 per cent of small/mid-cap and 69.6 per cent of equity linked ...

What are exchange traded funds (ETFs)? - Decoded

What are ETFs: Warren Buffett understands stock picking is not everyone's cup of tea. He says most average long-term investors will benefit from low-cost index funds or ETFs. Here's an explainer

BSE StAR MF registers 15.2 mn transactions worth Rs 35,242 cr in Sep

Leading stock exchange BSE on Thursday said its mutual fund distribution platform StAR MF has processed a record 15.2 million transactions worth Rs 35,242 crore in September

Sebi rolls out swing pricing to protect debt mutual fund investors

Mechanism will kick in at times of market dislocation

Sebi introduces swing pricing mechanism for debt mutual fund schemes

Capital markets regulator Sebi on Wednesday decided to introduce a swing pricing mechanism for open-ended debt mutual fund schemes, a move that will discourage large investors from sudden redemptions. To begin with, the swing pricing framework will be made applicable only for scenarios related to net outflows from the schemes, the Securities and Exchange Board of India (Sebi) said in a circular. The mechanism will be a hybrid framework with a partial swing during normal times and a mandatory full swing during market dislocation times for high risk open-ended debt scheme. The new framework, aimed at ensuring fairness in treatment of entering, exiting and existing investors in mutual fund schemes, particularly during market dislocation, will be applicable from March 1, 2022. Generally, swing pricing refers to a process for adjusting a fund's net asset value to effectively pass on transaction costs stemming from net capital activity to the investors concerned. In a liquidity-challeng

Aditya Birla Sun Life AMC allots shares worth Rs 789 cr to anchor investors

Aditya Birla AMC is looking at valuations of Rs 20,500 cr in its IPO-the fourth by a domestic mutual fund house

Street signs: Hotels stocks on investors' radar, Aditya Birla MF GMP at 10%

Shares of Indian Hotel have rallied nearly 30 per cent in the past one month

Sebi's skin-in-the-game norms: Our demands remain unmet, say MF executives

This comes a day after Sebi tweaked the compensation circular, first issued in April, mandating fund houses to pay 20 per cent of the CTC to their key employees in the form of MF units

Mutual fund disclosure norms spoil REITs index inclusion party

Industry seeks special dispensation from regulator

Kotak Mahindra Bank to acquire 9.98% stake in KFin Tech for Rs 310 cr

KFin Technologies provides technology solutions across a broad spectrum of asset classes spanning mutual funds, alternative investment funds and pension funds

Indiabulls Housing gets CCI approval to divest mutual fund biz to Groww

Indiabulls Housing Finance (IBHFL) has received the CCI approval to divest its mutual fund business to Groww for Rs 175 crore

Edelweiss' IPO fund outperforms benchmarks in bumper year of listings

The fund run by Edelweiss Management Ltd. has returned 46% this year, according to the firm

45% mutual fund schemes didn't keep IPO buys for a year

Of the total IPOs issued in the last one year, 72 per cent were listed at a premium while 28 per cent opened at a discount

Credit risk funds top league table with 8.4% returns, shows data

This is thanks to economic revival, improving upgrades to downgrades ratio, say experts

Sensex rises 514 pts, Nifty ends above 17,200; RIL, TCS top contributors

TCS, HUL, Titan Company, UltraTech Cement, and Bharti Airtel hit their respective record highs on the BSE today