Investors pulled out around Rs 6,580 crore from their SIP accounts in MF schemes for the pre-festive splurge
The analysis is based on 1,401 companies with their September-end price data since 2004
Zomato, Delhivery, Nykaa, CarTrade-there is no chance of these companies making enough money to justify their lofty valuations. Why are mutual funds then putting investors' money at risk?
'Every investor's time horizon and risk appetite is different hence I can't give a single answer for a diverse investor base'
Milestone achieved within three years of launch of first tranche
The YTM of most debt funds tops 6.5%, indicating that they can at least do better than FDs in the near future
For periods longer than 3 years, it is a good idea to explore debt mutual funds that offer indexation benefits and lower the tax outgo
The growth has come on the back of healthy growth in the order books of defence companies amid the government's focus on indigenisation and surge in exports
The comparatively high growth in outflows has weighed on the net inflows in equity and hybrid schemes between June and August
New hires demand compensation beyond standard hikes to make up for impact on take-home pay due to the skin-in-the-game norms; seasoned professionals quit in droves
Restrictions on redemptions from such accounts is already in place since 2019
SIP inflows surged 2 per cent month-on-month (MoM) in September to Rs 12,980 crore, according to the latest data released by the Association of Mutual Funds in India (Amfi).
The common platform for MF transactions logs 350,000 registrations and 10,000 monthly logins
Average AUM rises 2%, against a 20% increase in full-year FY22
The 200-DMA is generally a good indicator of a long-term trend
According to a circular issued by the markets regulator on Friday, investors will have to authenticate new investments in mutual funds through a one-time password from April 1, 2023.
Foreign investors pull out Rs 12,000 crore after pumping in Rs 60,000 crore in July, August
In order to further safeguard interest of investors, capital markets regulator Sebi on Friday decided to extend the two-factor authentication for subscription transactions in units of mutual funds. The new framework will come into effect from April 1, 2023, the Securities and Exchange Board of India (Sebi) said in a circular. At present, all asset management companies (AMCs) are required to authenticate redemption transactions using two-factor authentication for online transactions and signature method for offline transactions. "It has now been decided to extend the Two-Factor Authentication for subscription transactions in the units of mutual funds as well," Sebi said. In case of subscription and redemption of units, two-factor authentication (for online transactions) and signature method (for offline transactions) will be used for authentication. One of the factors for such authentication for non-demat transactions will be a one-time password sent to the unit holder at his/her e
According to the registrar and transfer agent (RTA), the phone number and email ids can be the same only for those folios which are linked to the same PAN card.
Housing market better investment option than it was 12 months ago, respondents tell CII-ANAROCK Consumer Sentiment Survey