Saturday, February 01, 2025 | 04:19 AM ISTEN Hindi
Business Standard
Notification Icon
userprofile IconSearch

Page 7 - Mutual Funds

Mutual fund growth reverses to mean after 2021 sprint, shows data

AUM growth down 63% on account of lower investor addition, market slowdown

Mutual fund growth reverses to mean after 2021 sprint, shows data
Updated On : 13 Dec 2022 | 11:20 PM IST

For the record: Mutual fund assets cross Rs 40-trillion, shows data

The number soared on the back of a post-Covid-19 market rally and the rise of retail participation

For the record: Mutual fund assets cross Rs 40-trillion, shows data
Updated On : 12 Dec 2022 | 11:33 PM IST

SIP closure ratio surges to 51% in 2022 from 41% in 2021: Amfi data

Until end-November, 23 million new SIP accounts were registered, compared with 22 million during the same period in 2021 - a growth of 6 per cent

SIP closure ratio surges to 51% in 2022 from 41% in 2021: Amfi data
Updated On : 12 Dec 2022 | 6:15 AM IST

Profit booking shrinks equity MF inflows in November to 21-month low

Redemptions rise 60% month-on-month to Rs 26,030 crore in November, the highest since September 2021

Profit booking shrinks equity MF inflows in November to 21-month low
Updated On : 09 Dec 2022 | 11:34 PM IST

Equity mutual funds' net inflow drops 76% to Rs 2,258 cr in November

The net inflow in equity mutual funds plunged 76 per cent to Rs 2,258 crore in November over the preceding month amid a sharp up move in the stock market that made investors wary of higher valuation. This also marks the 21st straight month of inflows into equity schemes. Overall, the mutual fund industry registered net inflows of Rs 13,263 crore in November, slightly lower from Rs 14,045 crore seen in the previous month, data released by the Association of Mutual Funds in India (Amfi) showed on Friday. Apart from equity, debt-oriented mutual fund schemes witnessed a net infusion of Rs 3,668 crore during the period under review after withdrawing Rs 2,818 crore in the preceding month. Other schemes -- index funds, gold exchange-traded funds (ETFs), other ETFs and Fund of funds investing overseas -- saw an inflow of Rs 10,394 crore. This was mainly driven by index funds, which contributed Rs 8,602 crore alone. However, gold ETFs witnessed a net withdrawal of Rs 195 crore. As per the

Equity mutual funds' net inflow drops 76% to Rs 2,258 cr in November
Updated On : 09 Dec 2022 | 3:36 PM IST

ASK Capital gets Central Bank of Ireland nod to launch India-based fund

UCITS is a regulatory framework of the European Commission for management and sale of mutual funds

ASK Capital gets Central Bank of Ireland nod to launch India-based fund
Updated On : 08 Dec 2022 | 6:35 PM IST

Govt allows CPSEs to park surplus funds in debt schemes of pvt sector MFs

The finance ministry on Wednesday permitted CPSEs to invest their surplus funds in debt-based schemes of private sector mutual funds, a move that will help them diversify their investment portfolio. So far, Central Public Sector Enterprises (CPSEs) were allowed to invest their surplus fund in Sebi-regulated public sector mutual funds. The Department of Investment and Public Asset Management (DIPAM) has issued a modified guidelines on investment of surplus funds by CPSEs wherein it said that "Maharatna, Navratna and Miniratna CPSEs are permitted to invest in debt-based schemes of Sebi regulated mutual funds". DIPAM said the guidelines have been modified in view of the representations received from some CPSEs, mutual funds, and private sector banks suggesting changes in certain provisions keeping in view liberalisation of policies and introduction of new monetary instruments for trade in short-term funds. These proposals have been examined by the inter-ministerial Committee for ...

Govt allows CPSEs to park surplus funds in debt schemes of pvt sector MFs
Updated On : 07 Dec 2022 | 7:41 PM IST

Jindal Stainless surges 16% in two days after Quant MF buys 2.6 mn shares

On December 6, Quant Mutual Fund - Small Cap Fund purchased 2.63 million shares representing 0.52 per cent of the total equity of Jindal Stainless at Rs 182.97 apiece on the NSE.

Jindal Stainless surges 16% in two days after Quant MF buys 2.6 mn shares
Updated On : 07 Dec 2022 | 10:09 AM IST

Variable capital firms to boost India's fund management space, says Sahoo

Such entities have a variable capital base as they issues and redeems shares on an on-going basis. With every issue or redemption, the capital base of the VCC changes

Variable capital firms to boost India's fund management space, says Sahoo
Updated On : 06 Dec 2022 | 10:46 PM IST

'Do not see any reason for SIP flows to change course significantly'

Investors can continue and add SIPs or STPs (spread over next six months rather than lump sum) into midcap funds, with a five year time horizon

'Do not see any reason for SIP flows to change course significantly'
Updated On : 05 Dec 2022 | 11:52 PM IST

Mutual funds' new-age technology schemes prove to be a non-starter

Despite several innovative tech FoF applications with Sebi, only one hits the market

Mutual funds' new-age technology schemes prove to be a non-starter
Updated On : 05 Dec 2022 | 11:21 PM IST

Average SIP ticket size shrinks 23% in over 3 years despite rising inflows

The industry attributes the gradual decline in SIP ticket size to the growing penetration of mutual funds (MFs) on the back of rising ease of investment

Average SIP ticket size shrinks 23% in over 3 years despite rising inflows
Updated On : 05 Dec 2022 | 6:10 AM IST

Finfluencers: Sebi's lost battle

The size, activity, and influence of these people have become so large that Sebi's onerous regulations for registered advisors look hopelessly ineffective, and those who follow them feel like losers

Image
Updated On : 04 Dec 2022 | 11:39 PM IST

Peer-to-peer firms need entry into secured lending, says Rajat Gandhi

The Reserve Bank of India's FSR of December 2021 had also highlighted that given the level of inflation, investors are looking for a certain level of returns, and P2P platforms offer an incentive

Peer-to-peer firms need entry into secured lending, says Rajat Gandhi
Updated On : 04 Dec 2022 | 10:59 PM IST

IIFL Mutual Fund launches India's first passive tax-saver fund

The scheme, which opened for subscription on Thursday, will mimic the Nifty 50 index

IIFL Mutual Fund launches India's first passive tax-saver fund
Updated On : 01 Dec 2022 | 11:15 PM IST

Sebi asks mutual funds to take action against fake Telegram groups

MFs told to issue press release and file FIR against misleading groups

Sebi asks mutual funds to take action against fake Telegram groups
Updated On : 01 Dec 2022 | 11:14 PM IST

Lump sum MF investments plunge in October as investors take SIP route

Flows down 64% from peak amid uncertain market conditions, valuation concerns

Lump sum MF investments plunge in October as investors take SIP route
Updated On : 30 Nov 2022 | 12:33 AM IST

MF route to buy a Merc? Senior executive's comment starts Twitter debate

Spotlight turns on why middle class Indians use SIP for securing their financial goals

MF route to buy a Merc? Senior executive's comment starts Twitter debate
Updated On : 29 Nov 2022 | 1:30 PM IST

Budget 2023: MFs seek LTCG exemption for longer-term equity investments

Industry says exemption for those staying invested for over three years will help channelise flows into financial assets

Budget 2023: MFs seek LTCG exemption for longer-term equity investments
Updated On : 25 Nov 2022 | 11:43 PM IST

Investing it wisely: Mutual fund investors 'buying low & selling high'

This 'buy low and sell high' strategy has not always worked for them

Investing it wisely: Mutual fund investors 'buying low & selling high'
Updated On : 25 Nov 2022 | 11:21 PM IST