Page 68 - Mutual Funds

MFs back in the saddle

So far this month, domestic funds have bought shares worth Rs 2,000 cr, while FIIs have bought Rs 1,343 cr

MF agents request Sebi to scrap commission disclosure rule

Several mutual funds' distributor associations said the circular on "commission disclosure is more likely to be counter productive on all counts and must be withdrawn."

Mutual funds folio count rises 4 lakh to 4.8 cr

This is on top of an addition of 59 lakh folios in 2015-16 and 22 lakh in 2014-15

Mutual Fund advisors take their problems to Jayant Sinha

Sinha assures them that Sebi will meet their delegation soon

Most large-cap funds give negative returns over 1 year

But outperform benchmark indices Sensex and Nifty

MFs big participants in recent IPOs

Have lapped up most shares as anchor investors in nearly all of the recent public issues

Equity account addition for funds at 17-month low

Compared to an average monthly equity folio addition of 360,000 in 2015-16, the first month of the current financial year 2016-17 has witnessed addition of just 158,000 accounts

Equity MF inflows hit 5-month high of Rs 4,438 crore in April

Equity schemes received funds to the tune of Rs 3,644 crore, Rs 2,914 crore and Rs 2,522 crore in December, January and February, respectively

Assets with MFs cross Rs 14 lakh cr at Apr-end

Inflows back in equity schemes

Mutual funds manage to keep 20-yr streak going

If a person invested Rs 1,000 per month as SIP for 20 years, these schemes would have turned the Rs 2.4 lakh into Rs 55 lakh

PaySlips at mutual funds

Capital market regulator Sebi has mandated all mutual fund houses to disclose salaries of their top officials

Mutual funds approach Sebi with 35 new proposals in 2016

Also eye overseas stock exchanges for investment purpose

Mutual funds cut stake in auto, tyre stocks in March quarter

They bought an additional stake in newly listed companies like Narayana Hrudayalaya and Dr. Lal PathLabs.

StatsGuru: Why mutual funds are undergoing a revival

The mutual fund industry has undergone something of a revival -as Table 1 shows, the number of folios has increased after a long decline

MFs gain from rebound in banking stocks

The BSE Bankex has jumped 25 per cent from the 2016 lows, compared to a 12 per cent rebound in the Sensex

Mutual funds' business in smaller cities up 15% in FY16

Markets remained weak for most of FY16, investors kept pouring into MFs

Equity mutual funds add 43 lakh folios in FY16

Mutual funds have reported net inflows of over Rs 74,000 crore in equity and equity-linked savings schemes in last fiscal, helping the industry to grow the folio count

Mutual funds come up with 30 NFO proposals in 2016

To tap the growing demand from retail investors, mutual fund houses have filed draft papers with markets regulator Sebi to launch as many as 30 New Fund Offers. Retirement, fixed maturity plan (FMP) and equity are some of the themes for which mutual fund houses have filed the applications. Interestingly, many mutual fund companies have approached Sebi for launching plans with Hindi names so that investors in rural areas understand the objectives of the schemes in a better manner. The move is seen as moving away from the old tradition of English names for investment schemes. 'Bal Vikas Yojana', a scheme aimed at saving for children's future, Kar Bachat Yojana, a tax saving fund, 'Bachat Yojana' and 'Nivesh Lakshya' both fixed income schemes, are some of the launch schemes filed with Sebi by Mahindra MF and Reliance MF. "Our idea is to explain the investment opportunities to customers in our priority markets in their own language starting with the product names," Mahindra AMC MD and

Equity investors flocked to MFs in FY16

At 11,840 new accounts a day, fastest pace since Lehman crisis, with flow high beyond top 15 cities; trend expected to continue this year

Don't look just at past performance of sector funds

Investors should do shorter-term SIPs, around six months, before deciding to continue