Page 11 - Mutual Funds

MFs flock to silver ETF space with new schemes; collect Rs 1,400-cr assets

As per industry data, so far, Aditya Birla Sun Life Mutual Fund, ICICI Prudential Mutual Fund and Nippon India Mutual Fund have launched silver ETFs

Mutual funds: Limiting inflows enables fund manager to stick to quality

Massive inflows, especially in red hot markets, forces them to buy at high valuations, compromise on quality

Invest in MNC funds for exposure to high-quality businesses: Experts

Since valuations are higher in this space, a 7-yr horizon with 10% capital outlay can be looked at

Fund Pick: Axis Banking & PSU Debt Fund is a potent mix of safety & returns

The fund has been managed by Aditya Pagaria since August 2016

Debt MFs outflow continues; investors withdraw Rs 70,000-cr in Jun qtr

Investors continued to withdraw from mutual funds focused on investing in fixed-income securities for third consecutive quarter and pulled out over Rs 70,000 crore in April-June due to high inflation and an increasing rate cycle. "In the next (September) quarter, it is safe to assume that monetary conditions will be tighter in terms of lower amount system liquidity and higher regulatory rates, both of which should see further reduction in mutual fund debt corpuses," Sandeep Bagla, CEO Trust Mutual Fund, said. Interest rate will be the major factor to dictate flow in debt mutual funds in coming quarters. Once rates start stabilizing, inflows can be expected, Ankit Yadav, Wealth Manager (USA) & Director of Market Maestroo, said. The latest outflow has pulled down the asset managed by fund managers for debt fixed-income funds by 5 per cent to Rs 12.35 lakh crore at June-end from close to Rs 13 lakh crore at the end of March, data available with the Association of Mutual Funds in ...

Mutual Funds cut energy, IT bets in July, bought financial stocks

They bought financial services, industrials and consumer discretionary stocks

Baroda BNP Paribas MF mobilises Rs 1,400 cr from flexi-cap scheme NFO

Baroda BNP Paribas Mutual Fund on Thursday said it has collected over Rs 1,400 crore from its flexi-cap scheme during the New Fund Offering (NFO) period. The scheme -- Baroda BNP Paribas Flexi Cap Fund -- is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap companies. NFO was opened from July 25 to August 8, the fund house said in a statement. This is the first new fund offered by Baroda BNP Paribas Asset Management India after the merger of Baroda Asset Management India into BNP Paribas Asset Management India. "Over 42,000 investors from more than 120 cities across India have posed their faith in our very first NFO after the merger... "It is a reflection of not just the synergy and the immense potential offered by this combined entity, but also the trust and confidence shown by our investors and partners in our offerings," Suresh Soni, CEO of Baroda BNP Paribas Asset Management India, said . The fund will re-open for subscriptions by August 24.

Financial freedom for Indians: What it means and how to achieve it

Three experts explain how planning and patience can you give the cushion of savings, investments, and cash on hand

India at 75: 16 events that impacted Indian markets between 2003 and 2014

From the shift of Sensex to a free-float methodology to the great fall after global financial crisis of 2008-09, and recovery afterwards, here are 16 biggest events for stock markets from 2003 to 2014

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993

WhiteOak Capital Mutual Fund collects Rs 550 crore for maiden NFO

The fund aims to build an active, well-diversified portfolio, representing a cross-section of companies across major industries, economic sectors, and market cap segments, WhiteOak said in a statement

This Rakha Bandhan, gift your sister financial security: here are some tips

Here are some of the financial products a brother can gift to his sister on the occasion of Raksha Bandhan

Top headlines: Govt tries to revive mobile mkt, setting up GSTAT, and more

Business Standard brings you the top headlines at this hour

July equity flows hit nine-month low of Rs 8,898 crore, shows data

Sharp correction seen in June makes investors risk-averse

Ladder your fixed deposits to avoid the risk of reinvestment: Experts

Debt fund investors should keep the bulk of their investments in shorter-duration funds, 10-20% in longer-duration ones

CAMS profit up 2.4% to Rs 64.78 crore in June quarter; revenue rises 18%

The company had posted a PAT of Rs 63.24 crore in the same quarter of the last fiscal, Computer Age Management Services Ltd (CAMS) said in a statement.

NHAI violated contract sanctity, gave concessionaires undue perks: CAG

The top auditory body found that concessions in 20 projects led to deferments of Rs 9,296 crore premium payable to NHAI between 2014 and 2019

Sebi amends the rules for mutual funds, defines 'associate'

The new rules will become effective from September 3, the Securities and Exchange Board of India (Sebi) said in a notification

Axis Mutual Fund probe: I-T dept raids ex-fund manager Viresh Joshi's house

Joshi was sacked in May by the Axis Asset Management Company over allegations of front running

Small cap funds offering 28% returns in 3 yrs, highest in equity segment

Small cap funds have come under the spotlight after it is offering just over 28 per cent returns in the last three years as the returns on these funds are the highest in the equity segment