Page 2 - Mutual Funds Mfs

PGIM India MF doubles AUM in six months to Rs 17,700 crore

The fund house has also doubled its customer folios during the first six months of the current fiscal

MF share in stock holding pattern of NSE-listed firms rises to 7.36% in Q2

Prime database figures show that mutual fund ownership of NSE-listed firms rose nearly 15% Q0Q to Rs 18.75 trillion as on Sept 30

Sebi discontinues the use of pool accounts for transactions in MFs

Redemption of units held in demat, issuance of delivery instruction slip to depository participant to debit units for delivery to clearing corporations may continue

Silver ETF to boost domestic MFs, can match gold ETF on popularity: experts

Globally, there are at least four silver ETFs with AUM of more than $1 billion. iShares Silver Trust, the world's biggest silver ETF, has AUM of over $12 billion.

Sebi beefs up risk management norms, asks MFs to appoint dedicated officer

Risk to be divided into two broad categories--scheme-specific and AMC-specific--with further sub-divisions in each

More competition isn't a threat, it will grow the market: Birla MF chief

In a Q&A, A Balasubramanian, MD & CEO of the fund house, talks about the pricing of its IPO and welcomes the entry of fintechs in the MF space

Equity MFs pruned holdings in Infosys, Airtel and Tata Steel in August

On the other hand, they increased exposure to ICICI Bank and TCS, and invested heavily in the initial public offerings of chemical company Chemplast Sanmar and cement maker Nuvoco Vistas

MF overseas assets jump 3.7x to $2.8 bn in FY21, shows RBI data

Foreign liabilities rise by 50% to $14.5 bn; increase follows a sharp rally in global stocks and growing preference among domestic investors to park in foreign assets

ICICI Pru MF and Aditya Birla MF launch bond index funds

ICICI Pru NFO open between September 16-27, that of Aditya Birla Sun Life between September 15-23

We'll follow rule-based active investment style: Rajiv Shastri of NJ AMC

The CEO of an asset management company run by the country's largest MF distributor talks about how the fund house plans to create a niche and avoid conflict of interest

Investor flows into equity MFs slow down, hybrid schemes accelerate

Investors shift preference amid elevated market level

Sebi directs MFs to show more skin in the game, invest more in own schemes

Top 10 equity schemes will require Rs 365 cr investments by AMCs by May 2022

Sachin Bansal-led Navi MF files seven offer for passive funds in a day

Fund house is planning to file a few more schemes with the regulator and will launch them as and when it starts getting Sebi clearance

Equity MFs log record inflows in July buoyed by great show by NFOs

Investors pour Rs 22,583 cr in equity schemes even as markets hit new highs

SAT allows Franklin Trustee, staffers to deposit 50% of penal amount

Tribunal says balance will not be collected till pendency of appeal

MFs shrug off valuation concerns, step up buying as FPIs press sell button

Have pumped in over Rs 10,500 cr this month-the most since in 16 months

Sebi looking to tweak mutual fund risk management framework, says official

The framework covers aspects such as roles and responsibilities of trustees, the board, management and even key personnel of asset management companies.

New interoperable MF platform could queer the pitch for fintechs

Sebi's move has raised doubts over the role of players like Kuvera, Groww and Paytm Money. Currently, most users prefer these players for most activities that the new platform is designed to do

Flexicap category emerges as a hot segment in Rs 11 trn equity MF space

After ICICI Pru MF's record-breaking NFO, multiple funds look to follow suit with offers

MF industry has potential to grow exponentially: HDFC AMC Deepak Parekh

HDFC AMC Chairman Deepak Parekh said India's mutual fund industry has the potential to grow exponentially as the country's MF penetration levels remain considerably low compared to large economies.