The total outflow from mutual funds went up to Rs 2.35 trillion till March 29; bond yield spike led to redemption pressure
Participants say flows have shown resilience despite shutting of offline channels
Experts say there has been heavy selling of shorter-tenure bonds in the markets, and given the lockdown, their buying capacity has shrunk significantly
Sebi release also hints that authorities intend to keep the markets open despite demands to keep it close to prevent it from falling
Among other challenges, the industry is anticipating delays in publishing daily net asset values (NAVs) or dispatching physical cheques for redemption and dividend payments
In the past three months, the Sensex is down 30 per cent, the BSE Midcap and BSE Smallcap have fallen 24 per cent apiece
Folios are numbers designated to individual investor accounts. An investor can have multiple folios
Market participants said that some volatility has already been factored in the schemes
A total of Rs 43,825 crore was taken out from liquid funds, which invest in cash assets such as treasury bills, certificates of deposit and commercial paper for shorter horizon.
According to court documents, the matter was mentioned on Monday. The plea will be clubbed with the petition filed by Axis Trustee, which represents the majority of the bondholders.
According to the data sourced from Sebi, MFs bought Rs 18,871 crore worth of shares in the current calendar year
In one-month period, large-cap schemes down 20 per cent
Overall, the mutual fund industry witnessed a net outflow of Rs 1,985 crore across all segments, mainly owing to withdrawal from liquid or money market category
According to the data sourced from primemfdatabase.com, MFs' exposure to the AT-1 bonds - also called perpetual bonds - stood at Rs 37,687 crore as of January 31, 2020
Advisors say client queries have spiked after Monday's 2,000-point crash; small investors hike SIP allocations amid the volatility
The move is aimed at reducing concentration of custodial services for gold or related instruments, Sebi said
This could entail a thorough rewrite of the pension products that insurance companies and some mutual funds offer today
One of Sebi's key objectives is to protect investor interest and market integrity.
The survey noted that 64 per cent women are financially confident and take investment decisions on their own
Move aimed to avoid funds getting blocked in account post-redemption request