Mutual Funds
Mutual fund exposure to software stocks hits all-time high in August
Mutual fund managers continued to maintain bullish stance on software companies, as they raised their total allocation in the sector to an all time-high of over Rs 40,500 crore in August due to depreciation in rupee.
Slow start, rapid growth: Story of India’s mutual funds industry
In the mid-80s, a little after the Bofors controversy broke out, Finance Minister V P Singh moved out of North Block and Prime Minister Rajiv Gandhi took charge of the Finance Ministry.
Mutual Funds: Keeping an exit strategy ready is as crucial as making the investment
Investment literature is full of ‘how to buy’, ‘how to invest’, and ‘when to buy’ theories. However, very little focus, if at all, is given to the selling part of the investment cycle.
Tata Mutual Fund plans scheme on ‘Make in India’, ‘Digital India’ drive
Taking a cue from Prime Minister Narendra Modi's ambitious 'Make in India' and 'Digital India' programmes, Tata Mutual Fund plans to launch two new schemes based on these initiatives
Sebi widens probe into mutual funds’ distressed debt exposure
Amid rising concerns over mutual fund investors' exposure to distressed corporate bonds, regulator Sebi has widened its probe and has sought fresh details from the fund houses on such investment decisions.
MFs told to furnish details of debt exposure
Sebi tells fund houses to reveal their investments in corporate bonds downgraded by rating agencies
Mutual Funds: Redeem units if you have a liquidity requirement
After the markets correction in the past one month, should I delay redeeming some units from my equity funds? — Bhupesh Kumar It’s very difficult to exactly time one’s entry and exit perfectly to coincide with the bot
Bose panel report has mutual funds sounding bullish
Following the Sumit Bose committee report recommending to allow mutual fund houses to manage both Ulip funds as well as retirement funds, the industry is bullish to manage more funds.
All leading MFs exposed to debt with low ratings
Lure of higher, better returns and competition to outperform competitor is visible across industry.
Investors may pay less for mutual fund products; Amfi plans to cut costs
Investors from smaller towns may have to pay less for investing in mutual fund products as industry body Amfi is looking to reduce expense ratio by 30 basis points by October 2016.
Mutual Funds buy shares worth Rs 10,533 cr in Aug, but FPIs hit exits
Mutual fund managers continued their shopping spree in August purchasing shares worth a staggering Rs 10,533 crore even though overseas investors pulled out a record money from the stock market.
JP Morgan’s 1% cap on redemption sparks off debate on liquidity commitments of MFs
Last week, JP Morgan AMC in India had imposed the limit on redemption from two of its debt schemes — Short Term Income Fund and India Treasury Fund at 1 per cent of the total number of units outstanding on any day.
Mutual Funds: For a two-year horizon, it’s advisable to stick to debt funds
SIPs, besides encouraging regular and systematic investments into mutual funds, also provide the benefit of rupee-cost averaging.
Mutual fund managers buy shares worth Rs 9,500 crore in August
Mutual fund managers have stepped up their buying this month and purchased shares worth nearly Rs 9,500 crore amid a sharp correction in the equity markets.
PFRDA seeks govt opinion on Mutual Funds regulation, insurance products
The Pension Fund Regulatory & Development Authority (PFRDA) has sought the government’s clarification on the issue of regulating the pension products being run by mutual fund houses and life insurers.
ICICIdirect launches ‘Insta Account’ for Mutual Fund Investors
ICICI Securities on Thursday announced the launch of a completely online and paperless investment account ‘Insta Account’ for mutual fund investors.
MF exposure to software stocks hits all-time high in July
Mutual Fund managers seem to be bullish on software shares as they raised their allocation in the sector to an all time-high of over Rs 38,000 crore in July due to depreciation in rupee.
Mutual Fund exposure to bank stocks hit record high of Rs 85,000 cr
Mutual Fund managers seem to be bullish on bank shares as they raised their allocation in the sector to an all time-high of over Rs 85,000 crore in July anticipating a rate cut by the Reserve Bank.
Mutual Fund distributors income jumps 84% to Rs 4,729 crore in FY’15
Mutual fund distributors clocked a staggering income of Rs 4,729 crore in 2014-15, a surge of 84 per cent from the preceding financial year
MFs see surge in stock investments from smaller cities
Mutual funds are seeing a surge in stock investments from the smaller cities as growing ranks of provincial retail investors help drive a two-year long rally.
Mutual funds gather Rs 2 lakh crore in April-July FY’15
Investors have pumped in over Rs 2 lakh crore into various mutual fund schemes in the first four months of the current financial year, 2015-16, with equity and money markets contributing the most.
MF assets record new high, Gold ETFs maintain downtrend
Rating agency Crisil on Thursday said that the Indian mutual fund industry’s assets under management (AUM) surged to a new record high and surpassed the Rs 13 trillion mark, in July. According to Association of Mutual Funds
Mutual Fund inflow in equity markets drop by 58% to Rs 4,300 cr in July
Mutual fund managers have pumped in a little over Rs 4,300 crore in the equity markets in July, a slump of 58 per cent from the preceding month, primarily on account of subdued corporate earnings and higher valuation.
Mutual Funds see Rs 25,000-cr outflow in June
Investors have pulled out a little over Rs 25,000 crore from various mutual fund (MF) schemes in June, with money markets contributing the most to the outflow.
ETF Mutual Fund houses expect EPFO entry to boost equity ETF space
Mutual fund houses are bullish about the phased entry of the EPFO into exchange traded equity funds from this month, as they believe it will boost investors sentiment.
Equity Mutual Funds get retail touch, folio count up 9 lakh in June quarter
Equity mutual funds are in an overdrive as they saw an addition of nearly nine lakh investor accounts or folios in the first quarter of 2015-16, mostly on the back of strong retail participation.
Mutual Funds see inflows for 14th month
Indian equity mutual funds continued to see net inflows for the 14th straight month in June, delightful news for fund managers, reports fe Bureau in Mumbai.
