In a Q&A, N S Venkatesh says there are enough inefficiencies in the market right now, which will help fund managers generate alpha over the index
PGIM India Mutual Fund has crossed the full-year 2020-21 AUM target of Rs 8,000 crore by the December quarter, a senior company official has said.
Also invest if you can lock in returns or can view the record of underlying fund
Easing of profitability criteria could see entry of quant funds, robo advisory and smart ETFs
All these counters witnessed aggressive buying for foreign portfolio investors
The timings were revised during the lockdown due to the coronavirus pandemic
Physical transactions made a come back in September as offline options became viable again
Sebi has further improvised the risk-o-meter, which will have six levels, up from five. The labels now range from 'low' to 'very high risk'
In addition, AMCs have been allowed to become self clearing member, Sebi said in a statement after its board meeting.
Positioned as a one-stop solution for investors, funds may not live up to the tag as higher taxation can affect returns
Equity schemes mobilised Rs 13,760 crore in June, 28% below 12-month average
Franklin Templeton MF, which had exposure to the debt papers of the company in six of its schemes (that are being wound up), also received payment.
Trustees advise unitholders to vote 'Yes' to avoid delay in wind-up process
Data shows Rs 4,000 crore of borrowing facility already used
According to data from Bloomberg, banks have seen among the sharpest cuts in target prices -- between 16 and 60 per cent.
Caps on variable pay, staggered bonus payouts among likely steps to rein in risky moves by fund managers
According to the available data, the credit risk fund category saw its assets under management (AUM) dip by another 12 per cent in April to Rs 48,392 crore
One-year return for fund category is 17 per cent
The Reserve Bank of India on Monday announced a Rs 50,000 crore special liquidity facility for mutual funds, days after Franklin Templeton Mutual Fund decided to close six debt schemes
ARN is a unique code allotted to intermediaries by the Association of Mutual Funds in India (Amfi)