Page 54 - Mutual Funds
Mutual funds hope India's mom-and-pop investors keep the faith in 2019
Equity funds form 42% of total assets, double the 2014 level
 "Mutual funds hope India's mom-and-pop investors keep the faith in 2019")
Sebi's move on expense ratio puts paid to Avendus Capital-IDFC MF deal
The financial services firm revised its bid, fearing the new structure's impact on profitability
 "Sebi's move on expense ratio puts paid to Avendus Capital-IDFC MF deal")
Good news for investors, Sebi caps mutual funds' annual expense fees
Mutual funds' investor fees will be capped at 2.25 per cent of total expenses, according to new norms issued by markets regulator Sebi.
 "Good news for investors, Sebi caps mutual funds' annual expense fees")
Equity flows into mutual funds drops sharply, liquid schemes rebound
Flows into equity mutual fund (MF) schemes declined 33 per cent and those into liquid- and money-market schemes rebounded 2.5 times in November.
 "Equity flows into mutual funds drops sharply, liquid schemes rebound")
Profitability of top fund houses rises as equity flows see surge
HDFC MF, ICICI Prudential MF, and SBI MF added more than Rs 500 billion each in overall assets in FY18
 "Profitability of top fund houses rises as equity flows see surge")
MFs modify expense structure for direct plans to improve transparency
Fund houses have cut, raised expenses for direct plans; move may lead to higher returns
MFs add 7.7 mn accounts in Apr-Oct, take total to all-time high of 80 mn
Over the last few years, investor accounts have increased following robust contribution from retail investors, especially from smaller towns and huge inflows in equity schemes
 "MFs add 7.7 mn accounts in Apr-Oct, take total to all-time high of 80 mn")
Why you shouldn't worry about one-year SIP returns turning negative
Do not, under any circumstances, get persuaded by this temporary blip into stopping your monthly investments
 "Why you shouldn't worry about one-year SIP returns turning negative")
MFs may no longer be top draw for banks after Sebi trail commission order
Shift from upfront to trail commissions could see banks as well as other distributors push sales of insurance, PMS and AIF
 "MFs may no longer be top draw for banks after Sebi trail commission order")
IL&FS effect: Mutual funds build liquidity pockets in debt schemes
Risk-aversion and uncertainty over redemptions make MFs turn to CBLO
 "IL&FS effect: Mutual funds build liquidity pockets in debt schemes")
SBI Cap Ventures to float funds for SMEs and affordable housing
Mumbai, 19 NovemberSBI Capital Ventures (SVL), an alternative asset management arm of the State Bank of India group, will float two funds. One, of Rs 4-billion for small and medium enterprises (SMEs) and a Rs 3.5-bn one for affordable housing. This is part of a plan to expand its portfolio of funds. SVL is a subsidiary of SBI Capital Markets.Both funds are targeting closure in the second half of the next financial year (2019-20). The SME fund will be broad-based, covering both manufacturing and services. The affordable housing fund will focus on the metropolitan areas of Mumbai, Chennai, Kolkata and Delhi; also on Pune, Ahmedabad, Hyderabad and Ahmedabad. It will take stakes in Special Purpose Vehicles for a particular project. Says Varsha Purandare, managing director at SBI Capital Markets: "With these two funds, we are looking forward to strengthening our foothold in economically and socially relevant sectors." While the gap in debt funding to SMEs is increasingly being bridged by ..
 "SBI Cap Ventures to float funds for SMEs and affordable housing")
Want to hike SIP amount? You can do so with top-up at pre-defined intervals
Investors need to choose the option at the time of enrollment
 "Want to hike SIP amount? You can do so with top-up at pre-defined intervals")
Passing fee cut to distributors may pull back MF industry's growth: Experts
Panelists at the Morningstar Investment Conference welcomed the move on making mutual funds more cost-effective for investors
 "Passing fee cut to distributors may pull back MF industry's growth: Experts")
Mutual funds' flow into equities crosses Rs 1 trillion mark in CY18
Thus far in calendar year 2018 (CY18), MFs have pumped in a net Rs 1.02 trillion in equities
With differentiated strategies, Alternative Funds a good option for HNIs
They operate as go-anywhere funds, and can even short the market - something mutual funds and PMS fund managers can't do
 "With differentiated strategies, Alternative Funds a good option for HNIs")
BS Primer: Ever wondered how Mutual Fund houses make money?
At a nominal fee, mutual funds provide a great opportunity to investors who don't have the knowledge of investing.
 "BS Primer: Ever wondered how Mutual Fund houses make money?")
BS Primer: How to withdraw from mutual funds without getting taxed
The tax rates on capital gains are different for equity funds and debt funds
 "BS Primer: How to withdraw from mutual funds without getting taxed")
Sebi raises red flag on massive commissions in large MFs' margin maths
Market regulator says reason for lack of meaningful margin expansion at large AMCs could be due to large commission payouts to distributors
 "Sebi raises red flag on massive commissions in large MFs' margin maths")
Non-bank MFs forge special ties with distributors to gain market share
Such tie-ups to help fund houses compete with MFs that have their own bank channels
 "Non-bank MFs forge special ties with distributors to gain market share")
MFs purchase shares of private banks amid correction, offload tech
Among financial stocks, MFs offloaded Shriram Transport Finance, ICICI Lombard General Insurance, YES Bank, and HDFC Asset MF
 "MFs purchase shares of private banks amid correction, offload tech")
