Page 12 - Mutual Funds

In a first since 2010, domestic investors overtake FPIs as shareholders

Since 2014, FPI ownership in top-75 companies has declined by 232 basis points to 24.8 per cent

Franklin Templeton Mutual Fund floats first NFO post debt fund row

Asserts it won't leave India despite regulatory actions

Prashant Jain, MF industry's poster boy, quits HDFC AMC after 19-year stint

Jain, an alumnus of IIT Kanpur and IIM Bangalore, has been replaced by Chirag Setalvad

FPIs, mutual funds marginally increase stake in Paytm in Apr-June qtr

Foreign portfolio investors and mutual funds have marginally increased stake in Paytm's parent company One97 Communications

MFs invest in fewer companies in June after portfolios hit multi-year high

Drop in number of firms invested in comes even as MFs' overall holding in stock market has been rising

MF industry AUM hit 11-month low, stocks of 4 firms underperform

The mutual fund industry - which makes money managing assets - has seen zero growth in 11 months.

Front-running scandal at Axis Mutual Fund set to rock $465-bn MF industry

Axis Asset Management Co, India's seventh largest mutual fund manager and partly owned by Schroders, in May sacked two employees, including its chief dealer, amid an ongoing internal probe

90 days on, MFs line up NFOs as embargo lifts; a dozen schemes expected

Since April, the Rs 37-trillion MF industry has not rolled out a scheme due to delay in implementation of the new norms around pooling of investor funds that were to come into effect on April 1

Regulating insiders

Including mutual funds will be progressive

Debt MFs see Rs 92,248-cr outflow in June on uncertain macro environment

Mutual funds focused on investing in fixed-income securities witnessed a heavy outflow in June, driven by expectations around an increasing rate cycle, higher commodity prices and slowdown in growth

New accounts opened via SIPs slacken in June, discontinuity increases

Experts say recent returns are a huge factor impacting incremental inflows into the market

Some moderation in domestic flows cannot be ruled out: Rahul Singh

'Our investment strategy has been to stay balanced between growth and value, with higher interest rates likely to make markets much more valuation-conscious than in the past few years'

Sebi considers bringing MF transactions under insider trading ambit

The market regulator had sought public comments on whether the PIT Regulations need to be amended to also cover the MF industry.

WhiteOak Capital launches its maiden NFO; to open on July 12

WhiteOak Capital Mutual Fund, the new entrant to the mutual fund space, on Thursday announced the launch of its first new fund offering WhiteOak Capital Flexi Cap Fund. It is an open-ended dynamic equity scheme investing across large, mid, and small-cap stocks. The New Fund Offering (NFO) will open on July 12 and close on July 26. The minimum investment that can be made in the fund is Rs 500, the fund house said in a statement. The key objective of the scheme is to generate long-term wealth for investors by investing across the market capitalisation spectrum. 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. The exit load of 1 per cent on the New Asset Value (NAV) will be applicable only if the units are redeemed within one month from the date of allotment and 'nil' thereafter. Prateek Pant, Chief Business Officer of WhiteOak Capital Mutual Fund, said the fund

Unkindest cut since 2020: mid, small-cap cut-off drops to its lowest

Amfi releases list of large, mid, and small-caps based on H1 stock price movement

Good time to invest in debt funds as portfolio yields rise, say experts

Opt for a mix of shorter-duration, target maturity, and dynamic bond funds

Mirae NBFC arm floats new product offering loans against MF holdings

Customers can avail instant loans of up to Rs 3 crore by pledging their equity and debt MF holdings on a mobile app

Fund houses line up fixed maturity plans as bond yields continue to rise

The yield on the 10-year government security on Friday ended at 7.42 per cent

Edelweiss MF dismiss report of business sale, term reports as 'baseless'

We remain excited about the prospects of this business and remain committed to investing in its growth, said Edelweiss MF CEO

Avoid sector, thematic funds; stick to diversified equity offerings

Among sector/thematic funds, technology funds are on average down 23.4 per cent year-to-date