Page 9 - Mutual Funds

Shorter term debt mutual funds in focus as policy normalisation nears

The Reserve Bank of India (RBI) on Friday kept the key policy rates unchanged but signalled a shift towards policy normalisation.

Pooled investment funds likely to attract service tax: Check details here

GST on expenses charged by REITs, InvITs and MFs may result in tax levy of hundreds of crores

AUM of India-dedicated funds rise 8.3% in H1 of CY21 to $42 billion

Allocations to India by Asia ex-Japan funds remained stable at 13.5% in June while those by GEM funds declined to 10.8% in June from 10.9% in May

MFs hike trail commissions by up to 50% for big distributors in NFO push

Asset managers have collected nearly Rs 20,000 crore of inflows via the NFO route in the past six months

Sebi revising risk management framework for mutual funds: Official

Capital markets regulator Sebi is in the process of issuing a revised risk management framework for mutual fund industry in view of the changes in the industry landscape which will define the roles

Sebi's new skin-in-the-game framework for MFs likely to stretch AMCs

Currently, fund houses are required to invest a maximum of Rs 50 lakh per scheme

Gaining ground: B30 assets see 39% rise in a year, shows Amfi data

Investors from B30 cities rely more on face-to-face communication with distributors and advisors compared to their T30 counterparts

NJ India, SBI took lion's share of mutual fund commissions in FY21

The data from Amfi shows NJ India Invest maintained top spot, with gross distribution commission of Rs 874 crore, 12.5 per cent more than Rs 777 crore pocketed in FY20

ICICI Pru MF reverses some NFO applications over gaps in investor consent

Fund house says transactions reversed without any loss to customers

Sailing through floater funds in a scenario of rising interest rates

Floater funds have given returns of over 5 per cent in the last one year

Mutual fund industry's AUM pegged to touch Rs 92 trillion by 2030

Gross household investments in MFs have grown at a compound annual growth rate (CAGR) of 27.3 per cent over FY13-20

Sebi proposes swing pricing in open-ended debt schemes to protect investors

Swing pricing refers to the process of adjusting a fund's NAV to effectively pass on transaction costs stemming from either inflows or outflows from the schemes

Sebi moves Supreme Court against SAT order on Franklin Templeton

Sebi has moved SC against June 28 order of SAT which stayed its decision to bar Franklin Templeton from launching new debt schemes for two years and had asked the fund house to refund over Rs 512 cr

Fintechs make their presence felt in MF space, see sharp growth in assets

Ease of access, innovative analytical tools and lower investing cost helping them score over traditional players

Mutual funds go on a shopping spree in June as market hits new highs

After remaining largely inactive in May, equity fund managers pumped in Rs 6,437 crore into domestic stocks

MFs see record SIP registrations in June at 2.13 mn on strong equity show

Market participants say under the pandemic SIPs have become a key component of investors' portfolios and even the trading class have started taking to them

Investors raise exposure to equity funds amid pandemic: Cafemutual Survey

38% of MF distributors say their clients have hiked exposure to equity funds since last March, 16% said their clients have become risk averse, 46% say no change

Investors need to adopt a barbell strategy for debt-oriented funds: Experts

Keep bulk of your portfolio in low-risk funds; chase returns in residual portion if you have the capacity

Inflows in equity MFs drop from 14-month high in May to Rs 5,988 cr in June

Apart from equities, investors put in Rs 12,361 crore in hybrid funds in the month under review. This included Rs 9,060 crore in arbitrage funds

MFs to focus on stronger inclusion of investors from deeper geographies

India has witnessed tremendous growth in its mutual funds industry that has grown from Rs 1.13 lakh crores to Rs 31.7 lakh crores in AUM from March 2000 to February 2021.