Abhishek Kumar

All stories by Abhishek Kumar

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Rediff.com2 days ago

The possible instances of front running at Quant Mutual Fund have likely pushed the Securities and Exchange Board of India (Sebi) to expedite the implementation of an institutional mechanism framework designed to curb such market abuses. This framework, approved by the Sebi board in April, was slated to take effect six months after its notification. But, recent developments have set the wheels of regulation turning faster.

What Are Quant Funds?

What Are Quant Funds?

Rediff.com3 days ago

Quant funds are a unique offering in the MF space as the investment decisions are driven by a blend of active and passive strategies.

What Are Quant Funds?

What Are Quant Funds?

Rediff.com3 days ago

Quant funds are a unique offering in the MF space as the investment decisions are driven by a blend of active and passive strategies.

Investors Redeem Rs 10K Crore From SIPs Every Month!

Investors Redeem Rs 10K Crore From SIPs Every Month!

Rediff.com3 days ago

'In an economy that is set to double in the coming years, stopping SIPs will take investors out of this growth path.'

MFs rake in record Rs 14,370 cr via equity NFOs in June

MFs rake in record Rs 14,370 cr via equity NFOs in June

Rediff.com4 days ago

A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore - the highest ever via such introductory offers. This surpassed the previous high recorded in July 2021, where four NFOs accumulated Rs 13,709 crore, with ICICI Prudential MF's flexicap NFO alone mobilising Rs 9,808 crore.

'No Derating Due To Coalition Govt'

'No Derating Due To Coalition Govt'

Rediff.com27 Jun 2024

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'

HNI Investors Grow, Retail Investors Dip

HNI Investors Grow, Retail Investors Dip

Rediff.com20 Jun 2024

'Indian investors have always been debt-heavy but with growing financial awareness they are getting comfortable with equities.'

Coming! Changes In Mid Caps, Large Caps

Coming! Changes In Mid Caps, Large Caps

Rediff.com19 Jun 2024

Midcap stocks Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch, and Samvardhana Motherson are expected to earn upgrades.

Active versus passive schemes: Smallcap funds triumph their benchmarks

Active versus passive schemes: Smallcap funds triumph their benchmarks

Rediff.com18 Jun 2024

Active equity mutual fund schemes have improved their showing across key categories over the past three months vis-a-vis their benchmarks.

Markets Calm, MF Launches Accelerate

Markets Calm, MF Launches Accelerate

Rediff.com15 Jun 2024

'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'

Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag

Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag

Rediff.com14 Jun 2024

Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.

MF Reduced PSU Holdings Pre-Election

MF Reduced PSU Holdings Pre-Election

Rediff.com13 Jun 2024

In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.

Equity mutual funds surge to historic Rs 34,697 crore inflows in May

Equity mutual funds surge to historic Rs 34,697 crore inflows in May

Rediff.com11 Jun 2024

Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. The Rs 34,697 crore net inflows into actively managed equity funds last month surpassed the previous high of Rs 28,463 crore recorded in March 2022. In April 2024, equity schemes had garnered nearly Rs 19,000 crore.

MF Platforms Faulted for Selloff Delay

MF Platforms Faulted for Selloff Delay

Rediff.com7 Jun 2024

Several investors wanting to invest in mutual fund schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.

How Many MF Investors In India?

How Many MF Investors In India?

Rediff.com20 May 2024

The MF investor count, which stood at around 38 million in April 2023, has surged by 19 per cent in the past year.

'Election results not to have long-term effect on markets'

'Election results not to have long-term effect on markets'

Rediff.com15 May 2024

'If the majority falls short of expectations, it may prompt initial adjustments in investor sentiment.'

Why Has SIP Activity Jumped?

Why Has SIP Activity Jumped?

Rediff.com11 May 2024

'Ideally, one should not time SIPs.' 'If people churn their SIP portfolios, then they are equating the concept of SIPs to lump sums.'

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

Rediff.com10 May 2024

The mutual fund (MF) gross inflows through the systematic investment plan (SIP) route topped the Rs 20,000 crore mark for the first time in a calendar month as investors opened a record 6.4 million SIP accounts despite a spike in market volatility. The number of accounts opened last month was almost 50 per cent higher than the registrations seen in March. "India's MF industry has reached yet another milestone with the SIP book crossing above Rs 20,000 crore in April 2024.

Mutual funds bet on 'special' opportunities as uncertainties loom

Mutual funds bet on 'special' opportunities as uncertainties loom

Rediff.com9 May 2024

Mutual funds are looking to tap into the special opportunities theme ahead of the results of the general election results and the continued uncertainty on the geo-political and interest rate fronts. Two fund houses - WhiteOak Capital and Samco - are set to launch special opportunities funds next week. Kotak MF has also filed papers with the regulator to launch a scheme in the same category.

Small, midcaps remain mutual fund investors' top choice in March

Small, midcaps remain mutual fund investors' top choice in March

Rediff.com30 Apr 2024

Even as net flows into smallcap funds in March turned negative, for the first time in 30 months, they remained a big draw for new investors. The smallcap fund category saw a net of 360,000 investment accounts, or folios, getting added last month, the second-most among all active equity categories. Smallcap funds' continued traction could be driven by their strong performance across timeframes, say experts.

Next