Page 3 - Mutual Fund Sector
Budget proposals on DDT, personal tax not to impact MF industry: Templeton
After the Union Budget was presented on February 1, there had been some apprehensions on the growth of MF sector in the coming days
 "Budget proposals on DDT, personal tax not to impact MF industry: Templeton")
Mutual funds' asset base hits all-time high of Rs 27.85 trillion in Jan-end
The 44-player industry logged an assets under management (AUM) of Rs 26.54 trillion at the end of December, compared with Rs 27.85 trillion by January-end, representing a growth of 5%
 "Mutual funds' asset base hits all-time high of Rs 27.85 trillion in Jan-end")
Sebi diktat hits commercial papers; traded volume slips to Rs 34,659 crore
Experts say the Sebi rule has played a part but it is also a reflection of the funding crisis that NBFCs are going through.
 "Sebi diktat hits commercial papers; traded volume slips to Rs 34,659 crore")
As REITs, InvITs catch investors' fancy, MFs pour in Rs 12,000 cr in 2019
Fund managers infused Rs 670 crore in real estate investment trusts (REITs) and Rs 11,347 crore in infrastructure investment trusts (InvITs) last year
 "As REITs, InvITs catch investors' fancy, MFs pour in Rs 12,000 cr in 2019")
FEMA norms may raise investment bar on foreign-owned mutual funds
Funds will have to adhere to sectoral caps and restrictions applicable to foreign investment in Indian equities
 "FEMA norms may raise investment bar on foreign-owned mutual funds")
Mutual fund houses approach Sebi with 125 new schemes in 2019 so far
Fund houses attributed the fewer NFOs (new fund offers) in 2019 to tepid investors' sentiment and liquidity crisis in debt funds
 "Mutual fund houses approach Sebi with 125 new schemes in 2019 so far")
Samvat 2075: MF investors' appetite for equity schemes sharply diminished
Staying put for the long-haul will mitigate volatility risks, say experts
 "Samvat 2075: MF investors' appetite for equity schemes sharply diminished")
Selling mutual funds turns less attractive for financial advisors
IFAs say the reduction in incentives, and over-regulation is making MF distribution a less attractive proposition
 "Selling mutual funds turns less attractive for financial advisors")
Be watchful of expense ratio you pay if your fund manager can't outperform
Coughing up a high expense ratio year after year makes no sense if your fund manager is unable to outperform
 "Be watchful of expense ratio you pay if your fund manager can't outperform")
No new equity close-ended schemes launched in 2019 after SEBI slashes fee
Not a single scheme launched so far this year
 "No new equity close-ended schemes launched in 2019 after SEBI slashes fee")
Mutual funds sees Rs 1.51 lakh crore inflow in April
In the entire 2016-17, investors pour over Rs 3.43 lakh crore into various mutual fund schemes
 "Mutual funds sees Rs 1.51 lakh crore inflow in April")
NBFCs may lose taste for bonds
To safeguard the investor interest, capital markets regulator Sebi, earlier this month notified stricter norms for mutual funds, capping investment limit in bonds of a single company at 10 per cent
 "NBFCs may lose taste for bonds")
MF assets from smaller cities see encouraging growth
In September 2013, Sebi allowed fund houses to charge an extra 30 basis points in expense ratio if inflows from B-15 cities were around 30 per cent of the total flows
 "MF assets from smaller cities see encouraging growth")
