MF Investors

Their share is six times higher than it was in March 2012

Existing mutual fund investors have time till March 31 to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen, and they will not be able to redeem investment. The Securities and Exchange Board of India (Sebi), in its circular on June 15, 2022, made it mandatory for mutual fund subscribers to submit the nomination details or declaration to opt out of the nomination on or after August 1, 2022. Later, the deadline was extended to October 1, 2022. The deadline for all the existing mutual fund folios, including jointly-held ones, was set as March 31, 2023, failing which the folios will be frozen for debits. Explaining the rationale behind the Sebi's move, Anand Rathi Wealth Ltd COO Niranjan Babu Ramayanam said that many investment accounts in the past have been opened without nominating anyone to whom the assets should be transmitted in case something happens to the account holders. This means that the rightful heirs had ..

Redemptions rise 60% month-on-month to Rs 26,030 crore in November, the highest since September 2021

Lock into attractive yields being offered by target maturity funds of three-five-year maturity

Fund managers and MF distributors expect net inflows to turn positive after completion of rate hike cycle

Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions

Investors pulled out around Rs 6,580 crore from their SIP accounts in MF schemes for the pre-festive splurge

The comparatively high growth in outflows has weighed on the net inflows in equity and hybrid schemes between June and August

The common platform for MF transactions logs 350,000 registrations and 10,000 monthly logins

Foreign investors pull out Rs 12,000 crore after pumping in Rs 60,000 crore in July, August

Jain, an alumnus of IIT Kanpur and IIM Bangalore, has been replaced by Chirag Setalvad

Drop in number of firms invested in comes even as MFs' overall holding in stock market has been rising

The mutual fund industry - which makes money managing assets - has seen zero growth in 11 months.

Brokers will not be allowed to accumulate investors' funds; investors have to verify their personal details online

Energy schemes have been the second-best performer with annualised returns of 62 per cent

Transparency, low cost and the variety of investment options offered drive investor preference, says a section of top MF honchos

The Flexicap fund from ICICI Prudential MF aims to follow a mix of top-down and bottom-up approach to spot opportunities in large-, mid- and small-cap spaces respectively

The category is volatile; take limited exposure to funds with quality portfolios

The stocks mutual funds had invested in had risen almost to pre-pandemic levels in March

In a circular, the market regulator said that no MF under all its schemes shall own more than 10 per cent of AT1 bonds issued by a single issuer