Page 8 - Latest Updates on Mutual Fund
Only mutual fund to file cases, erstwhile UTI sees some recoveries
The biggest defaulter is Maharashtra-based Malvika Steel
 "Only mutual fund to file cases, erstwhile UTI sees some recoveries")
With debt exposure at Rs 56,000 cr, MFs' infra bets come under IL&FS cloud
MFs have taken exposure to Essel group entities, including a road-related SPV, where promoters' shares are placed as collateral
 "With debt exposure at Rs 56,000 cr, MFs' infra bets come under IL&FS cloud")
Investors should split large-cap allocation between active, passive funds
Fixed-income investors should be in funds that limit both credit and duration risk
 "Investors should split large-cap allocation between active, passive funds")
Fee cuts may erode Rs 3,000 crore of MF revenues, says Sanjay Sapre
Investors do need to moderate their expectations, but there are enough opportunities to generate alpha, says Sapre
 "Fee cuts may erode Rs 3,000 crore of MF revenues, says Sanjay Sapre")
Looking for regular income from mutual funds? Here are the best options
Systematic withdrawal plans are more tax-efficient. However, in the case of arbitrage funds, use the dividend option
 "Looking for regular income from mutual funds? Here are the best options")
After WealthTrust buyout, digital platform space may see more consolidation
Industry observers said the entry of new players with deep pockets and zero-fee structure is going to make it difficult for others to levy a charge
 "After WealthTrust buyout, digital platform space may see more consolidation")
Equity flows slow to a 22-month low; December SIPs surpass Rs 8,000 crore
Number of folios cross 80 million for first time
 "Equity flows slow to a 22-month low; December SIPs surpass Rs 8,000 crore")
Orowealth acquires Wealth Trust; deal hints at further consolidation
PayTM's zero-fee offering pushes back monetisation plans of digital mutual fund platforms
 "Orowealth acquires Wealth Trust; deal hints at further consolidation")
HDFC MF pips ICICI Prudential to become India's top asset manager
HDFC MF clocked a net profit of Rs 722 crore in 2017-18, 31 per cent higher than the Rs 550 crore clocked in the last fiscal year
 "HDFC MF pips ICICI Prudential to become India's top asset manager")
MF debt assets shrink due to risk-aversion triggered by IL&FS crisis
About 24 fund houses have seen a decline in their debt AUMs in the past one year
 "MF debt assets shrink due to risk-aversion triggered by IL&FS crisis")
Here's all that you should consider when investing in a vintage fund
Make sure that the vintage fund you are thinking of investing in retains its consistency of style and performance
 "Here's all that you should consider when investing in a vintage fund")
What credentials should one consider when looking for a financial adviser?
Several insurers have come up with low-cost unit-linked insurance plans
 "What credentials should one consider when looking for a financial adviser?")
Tipping Point: Are you aware of the concentration risk in your fund?
A fund that is more concentrated will have a higher percentage of its portfolio concentrated in the top three (or five or 10) sectors in its portfolio compared to its peers
 "Tipping Point: Are you aware of the concentration risk in your fund?")
Mutual funds' narrow midcap universe: Only 150 firms to invest in
Assets already accounted for nearly a fifth of free float
 "Mutual funds' narrow midcap universe: Only 150 firms to invest in")
Economies of scale will drive down costs for MF industry: Morningstar CEO
He draws parallels with the global fund management industry to show the promise and potential of India's Rs 22-trillion mutual fund industry
 "Economies of scale will drive down costs for MF industry: Morningstar CEO")
Non-bank fund houses forge ties with distributors to gain market share
Such tie-ups to help fund houses compete with MFs that have their own bank channels
 "Non-bank fund houses forge ties with distributors to gain market share")
Stick to defensives: Investors should hunt for large-cap funds, say experts
Mutual fund investors, especially those who came in during the recent bull run, need to remember that such downturns are part and parcel of equity investing
 "Stick to defensives: Investors should hunt for large-cap funds, say experts")
Mutual Fund's AUM surges 14% to over Rs 24 trillion in Sept quarter
The total asset base of all the fund houses put together was Rs 21 trillion in July-September 2017
 "Mutual Fund's AUM surges 14% to over Rs 24 trillion in Sept quarter")
Fee cut to dent mid-, small-sized funds' profitability by Rs 200-400 mn
Fund houses making minimal profits to feel the pinch
 "Fee cut to dent mid-, small-sized funds' profitability by Rs 200-400 mn")
Delay in action likely to freeze corporate bond market, say mutual funds
While investors were already nervous with some schemes' exposure to IL&FS papers, the recent sharp spike in yields of some highly-rated papers has added to their worries
 "Delay in action likely to freeze corporate bond market, say mutual funds")