Market participants say that redemption pressure has slowed down, and new sales have gone up substantially in the month of June
The fear of a sharp correction in the equity market is compelling MF investors to consider less risky alternatives, say industry players
The share of such plans among equity schemes has risen around 7 percentage points from 9.6 per cent to 16.6 per cent in the past five years
But it remains to be seen whether this is on account of incremental flows or has to do with appreciation in stock prices
In a Q&A, the MD-CEO of the fund house shares its journey to the top and his views on the cost of investing
Most focused funds have exposure of around 50-60% in large-cap stocks, with the remaining between mid- and small-cap stocks
A SIP lets investors commit a fixed sum every month, compared to putting in a large sum at once.
Principal Asset decided to exit the asset management business in India
According to experts, schemes that were sitting on a lot of cash deployed it after the market crash in March and April
Outflows surpassed Rs 33K crore between July and December
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
Axis Special Situations Fund will tap domestic and global markets; UTI Small Cap Fund will invest in small cap stocks.
The thematic passive index fund is designed with the objective of providing Indian investors access to both Indian and global healthcare companies
Industry AUM slips below Rs 27 trn in September
Sebi has further improvised the risk-o-meter, which will have six levels, up from five. The labels now range from 'low' to 'very high risk'
Switching from one scheme to another is treated as transfer and is subject to capital gains tax
Contributions totalled Rs 7,792 crore in August, half a per cent lower than the Rs 7,831 crore garnered in the previous month
Investors move towards debt, gold ETF, eyeing pockets of safety
IRDAI said any transfer of shares beyond the stipulated threshold limits without the prior approval of the authority will attract appropriate regulatory and legal action
According to data sourced from primemfdatabase.com, as many as eleven small-cap schemes held 7 per cent of their asset base in cash at the end of June