Page 67 - Mutual Funds

Are MF investors ready for advisory-based model?

Sector participants say at least five years needed to move away from today's commission-based model to a new one

Equity mutual funds' asset base climbs 14% to Rs 3.7 lakh cr in May

Market experts attributed rise in inflow to investment in SIPs and strong participation from retail investors

Infosys stock fall impacts equity schemes

Firm is the second most sought after by equity fund managers, with 4% of assets finding their way into its shares

Mutual Funds witness net outflow of Rs 58,000 cr in May

The liquid or money market segment witnessed Rs 69,399 crore being pulled out last month while Rs 837 crore was taken out from gilt funds

New equity mutual fund launches dip 70% in 2016

Asset mobilisation declines about 90% to a mere Rs 769 cr during January-May period; existing schemes score over new

Now, fund houses can't restrict redemptions

Experts say Sebi's new rules to make MFs safer for retail investors but many fund houses disagree

MF equity folio addition slows in April-May

First two months of FY17 add 180,000 investors on average, compared to a monthly addition of 360,000 in the previous fiscal

Equity MF inflows hit 6-mth high at Rs 4,721 cr in May

Equity schemes received funds of Rs 3,644 cr, Rs 2,914 cr and Rs 2,522 cr in December, January and February

Sensex, Nifty beat most equity schemes in May

Banking funds were the only ones to buck the trend, returning 5.3% versus a little over 4% delivered by the indices

SBI's new ETF is not for the risk-averse investor

Those with requisite risk appetite could bet on SBI's 10-year gilt ETF, using either the asset allocation or tactical investment approach

Inflows in equity schemes hit six month high at Rs 4,700 crore

However, massive outflows from money market schemes saw net outflows of Rs 58,185 crore

MFs invest Rs 38,000 cr in debt market in April-May

According to experts, increased participation from retail investors is at work for the inflows in the debt market

Mutual funds pump in Rs 6,500-cr in stocks in Apr-May

Smaller towns have contributed more than 40% of inflows in equity schemes

Funds show mixed growth in new accounts

ICICI Pru, Birla Sun Life MF and Franklin see 20% in client base in FY16

Life becomes easier for SIP investors

Besides making on-boarding easier, features like swing STP and top-up SIP aim to optimise the benefit

Sebi tightens redemption rule for fund houses

Up to Rs 2 lakh to be allowed in any circumstance; some restriction in exceptional circumstances

Debt MFs' allocation to government papers hits 13-month low

Since the second half of FY16, fund managers cut exposure to G-Secs by over 350 basis points

MFs increase exposure in bank stocks on cheaper valuation

Fund managers had trimmed allocation to banking stocks between November and January, lowering exposure by over Rs 9,000 crore during the period due to higher bad loans

Equity MFs' AUM climbs 16% to Rs 3.57 lakh crore in April

The industry's equity assets under management (AUM) rose to Rs 3.57 lakh crore last month as against Rs 3.06 lakh crore in April last year, according to latest data available with AMFI

Will banking rally sustain?

Fresh NPA onslaught could come back to haunt banking funds; investors sitting pretty can book profits