The court has restrained the trustees from taking any further steps till the consent of unit holders via simple majority is obtained
The August 10 circular mandates trustees to appoint a dedicated officer to assist them in their work
HDFC AMC is looking at effective diversification in investment styles in the equity segment
Private bank's mutual fund business was rudderless for while with uncertainty over bank's former leadership
June saw equity inflows taper to Rs 240 crore, while July saw outflows of Rs 2,480 crore, the first time in four years
Share of high-margin equity is coming down in favour of less profitable liquid funds
The move is aimed at ensuring money remains within the scheme, which will provide some cushion to mutual fund unitholders in case of winding up of a scheme
Concluding the series the author says it is time the MF industry participated in the possibilities offered by the rapid advancement in technology
As per the data, SBI Mutual Fund has the highest exposure of Rs 152.83 crore, followed by Rs 67 crore by HDFC Mutual Fund in the bank's equities, as at the end of January.
As a result, analysts at Prabhudas Lilladher Research expect the valuation gap between the two AMCs to narrow, though HDFC AMC could retain its top position.
AUM of both companies declined in September quarter
Investors continue to pull out funds with markets making new highs, say industry players
In September, the regulator broad-based the classification for FPIs and simplified their registration process
Analysts cite higher redemptions for 78% dip in equity flows, say lower penetration, rising preference of retail investors for equity market should help AMCs in the long-run
In a Q&A, Radhika Gupta explains the finer points about investing in India's first debt ETF, which is likely to be launched next week
With a research-driven process and an eye for opportunities, Banthia, senior fund manager-fixed income, ICICI Prudential AMC, beat the market and peers over the last year
The regulator has also discussed these issues with the AMCs and their trustees
The tide turned in early 2014 when investors once again started flocking to equity schemes