Mutual Fund Schemes

The SIP book has grown consistently from Rs 11,305 crore in December 2021 to an all-time high of Rs 13,573 crore in December 2022

Credit-risk rating based limits introduced for all new schemes; existing schemes to be grandfathered

The YTM of most debt funds tops 6.5%, indicating that they can at least do better than FDs in the near future

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

Vishal Kapoor remains head of committee of certified distributors, Nilesh Shah and Navneet Munot stay as chief of valuation committee and equity CIO panel, respectively

The trend is completely the opposite with smallcaps, with 80% schemes surpassing their benchmarks

Dollar gains help Nasdaq pip Nifty gains over a three-period

Debt-oriented schemes received net flows of Rs 49,164 crore compared to just Rs 4,930 crore in July

Here're top-performing MF schemes in the past two years

Industry body Amfi has prescribed a new benchmarking system for mutual funds for each of their schemes in a bid to standardize and bring uniformity in the benchmarks

Amfi has listed out tier one benchmarks for 67 types of schemes

Passive breaches are generally that have not arisen due to omission and commission of Asset Management Companies (AMCs)

Over the past year, bottom-up stock-picking and active fund management have been rewarded well by the market

Also, the regulator has tweaked the framework with respect to treatment of unclaimed redemption and dividend amounts

Among the larger funds, only DSP MF and Invesco MF have not participated in the anchor book

Stick to open-end schemes where you can enjoy liquidity

As on January 2021, Kotak Flexicap fund had assets of Rs 32,400 crore, making it one of the largest scheme in the category

Authorises SBI Funds Management to take next steps on monetisation

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Net redemptions of Rs 9,200 cr in Jan, over Rs 42,000 cr since July