There is also uncertainty on whether investors will be able to adjust the cost of acquisition of the units and avail of indexation benefits
Debt schemes take significant exposure in not-so-highly rated companies and had lost their appeal after April 2019
Despite a strong rally in the market, investors have pulled out money from mutual funds for the seventh straight month in January
Net redemptions of Rs 9,200 cr in Jan, over Rs 42,000 cr since July
In a Q&A, N S Venkatesh says there are enough inefficiencies in the market right now, which will help fund managers generate alpha over the index
Last year, the category saw outflows of over Rs 24,000 crore, data from the Association of Mutual Funds in India (Amfi) shows
Outflows surpassed Rs 33K crore between July and December
A fund manager can now authorise an AMC employee to place an order on his behalf provided the order instructions are through the electronic mode, including email, and audit trail is maintained
Amfi has reiterated its long-standing demand of bringing parity in tax treatment between MFs and unit-linked insurance plans (ULIPs), both of which are investment products and invest in securities
November outflow at record high even as overall AUM tops Rs 30 trn milestone on sharp run up in stock markets and positive flows into debt category
Amfi has barred them from using nomenclatures that have references to advisors, following Sebi move to separate distribution and advisory for the Rs 27-trillion industry
Capital markets regulator Sebi will restore the cut-off timing for buying and selling of equity mutual fund units to 3 pm from Monday, according to industry body Amfi.
Amfi said that whenever any mutual fund (MF) launches a scheme, the fund house chooses an appropriate benchmark index that reflects the composition of the scheme's portfolio
The slew of regulatory changes has kept the mutual fund industry and officials of Association of Mutual Funds in India (Amfi) on their toes over the past few weeks
The category received inflows of Rs 597 crore in September, taking its year-to-date total to Rs 5,957 crore
Saurabh Nanavati, CEO, Invesco MF re-elected as vice chair
CFMA alleged that Amfi was undermining a lawfully registered FIR against FTMF when it was not privy to the forensic audit
Tyagi also noted that the mutual fund industry, however, also went through several patches of challenges, especially on the debt mutual fund side
The August 10 circular mandates trustees to appoint a dedicated officer to assist them in their work
On September 11, the capital markets regulator issued a circular directing multi-cap schemes to deploy at least 25% each in large-, mid-, and small-caps