Page 6 - Mutual Fund Industry
Mutual fund-borrower standstill pacts not recognised: Sebi's Ajay Tyagi
As part of the 'standstill' agreement, the debt would not be declared as default, despite the drop in value of the underlying shares
 "Mutual fund-borrower standstill pacts not recognised: Sebi's Ajay Tyagi")
India's mutual funds industry improves the global ranking on fees
The Morningstar's biennial study noted that the cost of investing in debt (fixed-income) funds was much cheaper than equity funds
 "India's mutual funds industry improves the global ranking on fees")
Equity flows inch higher as investors pump money to make most of correction
Total flows into MFs up 13% to Rs 9,152 crore; Small-cap funds see 56% surge
 "Equity flows inch higher as investors pump money to make most of correction")
MFs cheer finance ministry's move to allow Aadhar-based KYC
Industry players say decision can be key in deepening penetration levels
 "MFs cheer finance ministry's move to allow Aadhar-based KYC")
BS Fund Cafe: Banks obviously have NPA issue, MFs don't, say fund managers
India's leading fund managers say it is unfair to compare the fund industry's issues with the banking sector's woes
 "BS Fund Cafe: Banks obviously have NPA issue, MFs don't, say fund managers")
Flipkart co-founder Sachin Bansal in talks to buy Essel's mutual fund arm
After quitting Flipkart, Bansal has set up BAC Acquisitions (BACQ), which has started to look for investment opportunities in the banking, financial services and insurance (BFSI) space
 "Flipkart co-founder Sachin Bansal in talks to buy Essel's mutual fund arm")
Why India's biggest investors in shadow bank debt are getting cold feet
Mutual fund investments in commercial paper and bonds that mature within 90 days dropped to 3.24 trillion rupees ($46.5 billion) at the end of March, the lowest in six quarters
 "Why India's biggest investors in shadow bank debt are getting cold feet")
Mutual funds close FY19 with 11.41% rise in AUM at Rs 23.8 trillion
On a monthly basis, AUM grew 2.73 per cent from Rs 23.16 trn in February
 "Mutual funds close FY19 with 11.41% rise in AUM at Rs 23.8 trillion")
Mutual fund industry seeks urgent meet with Sebi on expense structure
Industry says if borrowing costs are adjusted in liquid schemes, their net asset value will get negatively affected
 "Mutual fund industry seeks urgent meet with Sebi on expense structure")
After difficult September, mutual fund industry witnesses strong flows
Equity schemes see best month in FY19; liquid schemes see some recovery
 "After difficult September, mutual fund industry witnesses strong flows")
MF industry AUM to hit Rs 50 trillion in next 5 years: Deepak Parekh
The industry has witnessed a remarkable growth of over 86% in just two-and-half years
 "MF industry AUM to hit Rs 50 trillion in next 5 years: Deepak Parekh")
Retail gains hold in Rs 23-tn mutual fund industry; Reliance MF profit up
Individual folios have surged nearly two-fold to 70.9 million in the last four years
 "Retail gains hold in Rs 23-tn mutual fund industry; Reliance MF profit up")
Street signs: Fund managers bet on UPL, mutual fund industry, and more
The mutual fund industry saw a sharp drop - 60 per cent month-on-month - in equity inflows in March
 "Street signs: Fund managers bet on UPL, mutual fund industry, and more")
Fundraising by equity NFOs hit 10-year high of Rs 223 billion in 2017
This essentially means that flows through NFOs are gaining momentum
 "Fundraising by equity NFOs hit 10-year high of Rs 223 billion in 2017")
Mutual fund industry better prepared to deal with crisis: Officials
Sebi has cautioned the sector to stay disciplined amid gush of liquidity
 "Mutual fund industry better prepared to deal with crisis: Officials")
Time to create the mother of all mutual funds?
Though the private sector has grown by leaps and bounds in the past decade or so, the government continues to have a large presence in the sector
 "Time to create the mother of all mutual funds?")
Small states boost mutual fund industry
Growth in assets from the Northeast, Hindi belt much faster than in traditional centres
 "Small states boost mutual fund industry")
