Mf Investors
In changing investment geography, 'other cities' share in MF assets rises
Their share is six times higher than it was in March 2012
 "In changing investment geography, 'other cities' share in MF assets rises")
Mutual fund investors get time till March 31 to nominate beneficiary
Existing mutual fund investors have time till March 31 to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen, and they will not be able to redeem investment. The Securities and Exchange Board of India (Sebi), in its circular on June 15, 2022, made it mandatory for mutual fund subscribers to submit the nomination details or declaration to opt out of the nomination on or after August 1, 2022. Later, the deadline was extended to October 1, 2022. The deadline for all the existing mutual fund folios, including jointly-held ones, was set as March 31, 2023, failing which the folios will be frozen for debits. Explaining the rationale behind the Sebi's move, Anand Rathi Wealth Ltd COO Niranjan Babu Ramayanam said that many investment accounts in the past have been opened without nominating anyone to whom the assets should be transmitted in case something happens to the account holders. This means that the rightful heirs had ..
 "Mutual fund investors get time till March 31 to nominate beneficiary")
Profit booking shrinks equity MF inflows in November to 21-month low
Redemptions rise 60% month-on-month to Rs 26,030 crore in November, the highest since September 2021
 "Profit booking shrinks equity MF inflows in November to 21-month low")
If investment review shows decline in international allocation, restore it
Lock into attractive yields being offered by target maturity funds of three-five-year maturity
 "If investment review shows decline in international allocation, restore it")
Investors pull out big money from debt funds despite attractive yields
Fund managers and MF distributors expect net inflows to turn positive after completion of rate hike cycle
 "Investors pull out big money from debt funds despite attractive yields")
Subdued equity market slows mutual fund penetration, shows data
Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions
 "Subdued equity market slows mutual fund penetration, shows data")
SIP account redemptions rise to 11-mth high as investors dip into savings
Investors pulled out around Rs 6,580 crore from their SIP accounts in MF schemes for the pre-festive splurge
 "SIP account redemptions rise to 11-mth high as investors dip into savings")
MFs see rise in redemption pressure amid spike in inflows across categories
The comparatively high growth in outflows has weighed on the net inflows in equity and hybrid schemes between June and August
 "MFs see rise in redemption pressure amid spike in inflows across categories")
Modest traction for MF Central in first year, phased rollout cited
The common platform for MF transactions logs 350,000 registrations and 10,000 monthly logins
 "Modest traction for MF Central in first year, phased rollout cited")
Mutual funds, DIIs turn net buyers as market falls; FPIs net sellers
Foreign investors pull out Rs 12,000 crore after pumping in Rs 60,000 crore in July, August
 "Mutual funds, DIIs turn net buyers as market falls; FPIs net sellers")
Prashant Jain, MF industry's poster boy, quits HDFC AMC after 19-year stint
Jain, an alumnus of IIT Kanpur and IIM Bangalore, has been replaced by Chirag Setalvad
 "Prashant Jain, MF industry's poster boy, quits HDFC AMC after 19-year stint")
MFs invest in fewer companies in June after portfolios hit multi-year high
Drop in number of firms invested in comes even as MFs' overall holding in stock market has been rising
 "MFs invest in fewer companies in June after portfolios hit multi-year high")
MF industry AUM hit 11-month low, stocks of 4 firms underperform
The mutual fund industry - which makes money managing assets - has seen zero growth in 11 months.
KYC mandatory: What you must know about new rules for MF investments
Brokers will not be allowed to accumulate investors' funds; investors have to verify their personal details online
 "KYC mandatory: What you must know about new rules for MF investments")
Technology, energy emerge as winning sectoral bets for MF investors
Energy schemes have been the second-best performer with annualised returns of 62 per cent
 "Technology, energy emerge as winning sectoral bets for MF investors")
BS BFSI Insight Summit: MFs to stay top choice for investors, say panelists
Transparency, low cost and the variety of investment options offered drive investor preference, says a section of top MF honchos
 "BS BFSI Insight Summit: MFs to stay top choice for investors, say panelists")
ICICI Pru Flexicap Fund collects highest ever amount of Rs 10k cr in NFO
The Flexicap fund from ICICI Prudential MF aims to follow a mix of top-down and bottom-up approach to spot opportunities in large-, mid- and small-cap spaces respectively
 "ICICI Pru Flexicap Fund collects highest ever amount of Rs 10k cr in NFO")
Small-cap funds deliver by reverting to mean: Here're the 5 best performers
The category is volatile; take limited exposure to funds with quality portfolios
 "Small-cap funds deliver by reverting to mean: Here're the 5 best performers")
Second wave of Covid-19 hangs over MFs' expanding investing universe
The stocks mutual funds had invested in had risen almost to pre-pandemic levels in March
 "Second wave of Covid-19 hangs over MFs' expanding investing universe")
Sebi limits MF investments in debt instruments with special features
In a circular, the market regulator said that no MF under all its schemes shall own more than 10 per cent of AT1 bonds issued by a single issuer
 "Sebi limits MF investments in debt instruments with special features")
