The top five buys of small-cap equity funds in April were Hindustan Copper, Hathway Cable & Datacom, Lux Industries, Bharat Rasayan and Dilip Buildcon
Avoid over 5% exposure and have 5-7 years of investment horizon
Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors
Nine of the 10 most-sold stocks were part of the Nifty50
The fund house's average asset under management (AAUM) rose to Rs 5.04 trillion in 2020-21 from Rs 3.73 trillion in the preceding fiscal
Sebi's new rules around mutual fund (MF) investments in these bonds have kicked up a storm
FY21 net selling of Rs 1.27 trn is highest in a fiscal year
A sudden change in the metrics will be disruptive
Most large MFs remained underweight on banking and overweight on capital goods
Revised norms to treat all perpetual bonds as 100-year tenor to be withdrawn
Besides redemption pressure in debt market, it will make fund raising difficult for PSBs
Multi-cap, focused, and large and midcap were the only three categories to see net inflows
Currently, nine requests for MF licence are being processed by Sebi
An analysis done by Jefferies shows India's MF AUM as a percentage of GDP at 12 per cent is among the lowest and a fraction of global average of 63 per cent
Net redemptions of Rs 9,200 cr in Jan, over Rs 42,000 cr since July
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Overall, the MF industry witnessed a net inflow of Rs 98,576 crore across all segments
Industry AUM slips below Rs 27 trn in September
Contributions totalled Rs 7,792 crore in August, half a per cent lower than the Rs 7,831 crore garnered in the previous month
The digital capability of the MF industry has helped NFOs have a wider access to different parts of the country, despite the current lockdown conditions