Mfs

Aditya Birla Sun Life tanks 12% in 2 days; stock hits record low

Finance Bill 2023 has introduced an amendment that will classify capital gains arising from debt mutual funds as only short-term capital gains.

A tenth of MF folios yet to comply with nomination rules ahead of March 31

As of end-February, total MF accounts was 144 million

Bajaj Finserv MF has the right muscle for top league, say analysts

Bajaj Finance has a retail presence that's unlike any other non-banking finance company

Sebi frowns on assured returns, asks MFs to remove related ads, brochures

Says MFs using illustrations based on assumptions; disclaimers made in fine print can escape investors

Small wonder: Startup cracks MF code with help from small banks

Fisdom among few fintechs to generate revenue through MF distribution

Market regulator Sebi suspends small town-linked incentive for MFs

The concerns shared by Sebi are splitting of transactions and churning of investments by distributors, variance in calculation of B-30 incentives among AMCs

Mutual funds beyond returns

They have an important role in improving corporate governance and deepening the corporate bond market

Mutual funds use correction to buy blue-chip stocks, shows data

HCL Technologies, Dr Reddy's Lab and Tech Mahindra were among the top-sells in December

Sebi searches 16 'suspected entities' in Axis MF front-running case

Covers 30 locations across multiple cities including Maharashtra and Gujarat.

No threat to mutual funds from direct stock investing: Industry chiefs

The bull run over the past year has fuelled a surge in interest in direct stock investing, especially among the millennials

Equity MFs attract Rs 40,000 cr in Sep qtr on strong inflow in NFOs

The inflow pushed the asset base of equity mutual funds (MFs) to Rs 12.8 trillion by September-end, from Rs 11.1 trillion at the end of June

Thematic, flexicap assets shrink over rise in volatility, shows data

The benchmark indices gained 0.3 per cent in October, while the smallcap indices ended a per cent lower

Sebi tweaks benchmarking norms for MFs, brings in uniformity

Regulator has introduced a two-tiered structure for benchmarking of schemes and all the benchmarks followed should be total return index (TRI)

Sebi discontinues the use of pool accounts for transactions in MFs

Redemption of units held in demat, issuance of delivery instruction slip to depository participant to debit units for delivery to clearing corporations may continue

MFs hike trail commissions by up to 50% for big distributors in NFO push

Asset managers have collected nearly Rs 20,000 crore of inflows via the NFO route in the past six months

Makes sense to remain constructive on equities: Nimesh Shah of ICICI Pru MF

The MD and CEO of the fund house says India remains attractive as firms have deleveraged, credit growth is very low, capex cycle is yet to revive and profit-to-GDP ratio is low too

Street signs: MF fancy UTI AMC, analysts positive on road builders

Several MF houses bought shares of peer UTI Asset Management Company during the March quarter

Debt MFs confident of surfing Covid-19 2nd wave despite corporate defaults

Industry players say shift to high-quality paper will help them tide the turmoil

Equity MFs record net monthly inflows after eight-month gap in March

Segment reports Rs 9,115 cr inflows; Debt segment see outflows Rs 52,528 cr

Additional tier-1 bond stand-off likely to spook corporate bond yields

Besides redemption pressure in debt market, it will make fund raising difficult for PSBs