Page 2 - Mfs

Sales of MF products from B30 cities remain stagnant in the past 2 years

Restriction in physical movement of distributors due to the pandemic may further impact numbers

BSE revises cut-off time for MF subscription, redemption on StAR platform

The new cut-off timing for non-demat redemption and switch authentication is 1.00 pm, says a BSE circular.

Sebi allows investors to access stock exchange infra to transact in MFs

Before this, Sebi allowed investment advisors and mutual fund distributors to use stock exchanges for sale and purchase of MFs

Mutual Funds float a dozen NFOs so far this year on broader market recovery

Experts say broader market recovery can lead to higher mobilisation of assets

Nippon Life India AMC Q3: PBT jumps 18% to Rs 193 cr on rise in asset base

Management says post-rebranding several major investors have come back

Mutual funds add 6.8 million folios in 2019 taking tally to 87 million

Folios are numbers designated to individual investor accounts. An investor can have multiple folios

MF industry seeks LTCG easing in commodity, gold ETFs, scrapping of STT

Wants holding period for computing long-term gains reduced to one year

Sebi may tweak norms to allow more flexibility to equity fund managers

In October 2017, Sebi came out with the scheme classification norms to ensure that mutual fund schemes make investments in-line with their stated scheme mandate

Sebi lays down stewardship code for MFs, alternate investment funds

Wants investors to play more active role in improving corporate governance

Mutual funds to gain as Sebi tightens norms for portfolio managers

The regulator will also prescribe a formula for profit sharing

MFs focus on large-cap in Q2, markets bet on public sector companies

Fund managers say PSUs look attractive as valuations are cheap and possibility of strategic sales offers room for value unlocking

FII, mutual fund buying takes Indian stock markets close to new highs

Analysts say a rate in the dividend distribution tax and buyback tax could fuel further buying by FIIs

New fund offerings fetch 24 asset managers Rs 7,500 crore in CY19

About two dozen fund houses have hit the market with 43 NFOs this year, garnering a little over Rs 7,500 crore

Planning to invest in MFs? Know what are the components of expense ratio

Different slabs have been defined for different levels of AUM. Higher the AUM of the fund, lower is its expense ratio

Street signs: IRCTC IPO, financials meltdown hurts FPIs, and more

The Rs 640-crore IPO of the state-owned railway ticketing company had garnered over 110 times subscription on an overall basis

Fund directory: Gauging the performance of MFs' open-ended growth schemes

Sourced from Morningstar India, this listing gives information on schemes' performance based on their investment category

Retail investors forfeit Rs 1.33 trillion since Budget; m-cap falls 10%

Combined market cap of listed firms down Rs 14.8 trillion

Sebi flags 23 MF practices, warns of action if they violate rules again

Regulator tells fund houses any repetition of breaches will be viewed seriously

Investors should avoid MFs with high expense ratios: All you need to know

In the debt category, returns are anyway low, so investors should avoid funds with high expense ratios

Riding on retail sentiment

If that were to go down, mid- and small-caps may take a bigger hit