Page 8 - Mutual Funds

Zerodha gets in-principle approval from Sebi to start mutual fund business

In February 2020, the broking company had applied for the AMC license

Sebi may dilute certain clauses in controversial MF compensation circular

Regulator, industry gets into huddle ahead of October 1 deadline

BSE StAR MF registers 14.1 million transactions worth Rs 36,277 cr in Aug

BSE on Tuesday said its mutual fund distribution platform StAR MF has processed a record 14.1 million transactions worth Rs 36,277 crore in August

Sebi asks AMCs to disclose details of risk, performance of MF schemes

Markets regulator Sebi on Tuesday directed asset management companies (AMCs) to disclose details of risk and performance of mutual fund schemes in all disclosures, including promotional material

Domestic mutual funds remain strong buyers; FPI flows back in black

Domestic investors may lend support to markets in the event of any intermittent correction, say experts

Nippon India Money Market Fund: An outperformer with conservative style

The fund featured in the top 30 percentile of the money market funds category in CRISIL Mutual Fund Ranking (CMFR) for 10 consecutive quarters ended June 2021

Attractive though they are, scrutinise costs before you invest in Ulips

After the recent run up in equity markets, it would be prudent to opt for a mix of equity and debt funds

Franklin Templeton MF unitholders to get Rs 2,918 cr in sixth tranche

SBI Funds Management (SBI MF) will distribute the sixth tranche of over Rs 2,918 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes from September 1. After the payout, the total disbursement will reach Rs 23,999 crore, amounting to 95.18 per cent of assets under management (AUM) as on April 23, 2020, when the fund house announced to shut the schemes, a Franklin Templeton MF spokesperson said on Sunday. Under the first disbursement in February, investors received Rs 9,122 crore, while Rs 2,962 crore were paid to investors in April, Rs 2,489 crore in May, Rs 3,205 crore in June and Rs 3,303 crore in July. "SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 2,918.5 crore to unitholders across all six schemes," the spokesperson said. The payment to all investors whose accounts are KYC compliant with all details available will commence from September 1, 2021, he said. The amount to be distributed to unitholders will be paid by

Changes in interest rates, liquidity to drive mkt: Nippon India MF's Bhan

Sailesh Raj Bhan says earnings in Q1 have been better than market expectations in sectors that have been supported by the recovery of global growth like IT services and metals

SBI Balanced Advantage NFO gets Rs 12,000 cr, best ever among active funds

Officials in the company said they are expecting another Rs 1,000 crore as online applications will continue till midnight

Value funds make a comeback after four years on broad-based equity rally

During the past one year, value funds have given average returns of 50.79 per cent, higher than large-cap and flexicap schemes

Street signs: MFs bet on easier compensation rules, India VIX surges & more

Officials in the industry believe that the market regulator might give some concessions on the aspect of key employees of the fund houses

55% retail investors stay put in equity funds for over two years: Amfi

Holding period of HNIs, however, was lower at about 47% as on June 2021

Sebi extends deadline for public comments on swing pricing proposal for MFs

Markets regulator Sebi on Friday extended the deadline till August 25 for submission of comments on the proposal to introduce swing pricing mechanism for open-ended mutual fund debt schemes

MF direct plans find favour in top-30 cities, catch up with regular schemes

Lower costs and ease of doing transactions are one of the few reasons investors have been moving towards such plans

Limit credit fund exposure to 10%-15% of portfolio, advise experts

Go with a fund manager who negotiated the past 5 years without default or downgrade

Franklin Templeton's shut schemes have Rs 1,981 cr cash for distribution

The six shut debt schemes of Franklin Templeton Mutual Fund have Rs 1,981.02 crore of cash available for distribution to the unit holders of the schemes.

MMFs suitable for current environment, to gain on hardening interest rates

Most schemes in this category avoid taking any credit risk

International funds gain traction on returns, diversification boost

Apart from diversification, rupee depreciation has helped some global funds post returns of 42-44%

Street signs: Falling GMPs signal IPO fatigue, NFO targets on rise & more

According to market players, the GMP for CarTrade is 25 per cent, while Nuvoco Vistas is less than 10 per cent, over their offer price.