The mutual fund industry is expanding distribution reach, simplifying products and leveraging technology in a bid to more than double assets under management
But regulator says AMCs must shut existing active scheme before offering a passive one
Maturity in dealing with equities, taxation likely reasons as schemes see positive flows even after 25-35% correction
Among the top-20, PPFAS and Canara Robeco grew the fastest last year
Sebi noted the defaulters paid 0.09% expenses of the scheme out of 0.16% from their own books in case of DSP Nifty 50 ETF
YTMs of all debt fund categories, except credit risk and overnight, in a narrow range of 6.3-7.3%
Online mutual fund platforms are set to get a go-ahead to charge transaction fee
With this, monthly SIP inflows can reach Rs 50,000 cr, says Sebi whole-time member
'Strong regulations are crucial for the orderly development of the market. Even a slip-up can break the trust of investors. We welcome the Sebi regulations'
AUM growth down 63% on account of lower investor addition, market slowdown
45% respondents raised their investments as pandemic forced a rethink on financial health, 23% slashed it due to pay cuts, fall in risk-taking capacity, uncertainty in business and job loss
The number soared on the back of a post-Covid-19 market rally and the rise of retail participation
The ADTV for the futures and options segment (both NSE and BSE combined) stood at Rs 147.5 trillion - a gain of 2 per cent MoM
The plain-vanilla SIP, however, is simple and doesn't require a lump sum
Sebi has attracted some criticism following a meltdown in shares of new-age companies such as Zomato, Paytm and Policy Bazaar
Continuing with its consultative approach, the markets regulator, over the past one year has floated a number of discussion papers in areas such as IPO pricing, retail algo, and pricing of share sales
Industry players said domestic funds decided to book profits on valuation concerns around strong influx of foreign flows
Related entities acting as distributors account for a higher share of assets in such fund houses
The recovery proceedings have been ordered against Chandrakant Bhargav Gole to recover Rs 5.74 crore collected by the company
The mutual fund industry - which makes money managing assets - has seen zero growth in 11 months.