"This decision of removing initial issue expense will make close-ended mutual fund schemes less expensive for retail investors", Sebi chairman M Damodaran said while briefing reporters after the board meeting. The Sebi board also cleared the draft proposal for listing of debt securities, ease disclosure norms for existing debt market securities and paved the way for permanent registration of capital market intermediaries.
Infosys has reclaimed the top spot from ITC on the funds' popularity chart, according to an analysis by Crisil.
If you continue to invest Rs 10,000 per month till you retire, assuming a return of about 15 per cent, you should be able to accumulate Rs 1 crore, says financial planning expert Rahul Goel.
Last year ended on a positive note in terms of investment in the domestic equity mutual funds; thanks to a rise in the equity markets during the month of December.
The one-year returns for equity-oriented mutual fund (MFs) schemes have largely mirrored the gains made in the secondary market. However, schemes that invest in infrastructure (infra), small-cap, and public sector undertaking (PSU) banks have emerged standout performers, with gains in excess of 100 per cent in some cases. Of the total 484 equity schemes, 353 have managed to beat the Sensex, reveals the data provided by Value Research. Around 20 have delivered returns in excess of 90 per cent and six schemes have given returns of over 100 per cent in the past one year. The S&P BSE Sensex Total Return Index (TRI) has given returns of 51 per cent in the last one year, ended October 29.
The government on Thursday appointed PSU mutual funds UTI MF and SBI MF as managers of the corpus lying with postal and rural life insurance entities, a move that could lead to investment of the sum into the booming capital market.
Mukul Gupta, CEO, Birla Sun Life AMC talks about the benefits investors can draw by investing through mutual funds.
If you invest in one shot into a mutual fund, you run the risk of having mistimied the investment. The SIP dilutes this risk by having you invest money on a fixed date every month over a period of time, says financial planning expert Rahul Goel.
Mutual funds and ulips are two very different investment instruments. Before investing, please understand the product your are putting you money in very well, says Rahul Goel.
Whether you invest one time, or in multiple installments, the entry load will be the same. the load is charged on the value of the investment. The money is invested in installments so as to average out the cost of acquisition of mutual fund units, says personal finance expert Rahul Goel.
Total exposure of equity mutual funds to banking stocks is over Rs 42,000 crore - the highest level in more than three years.
Gold ETS do make investment sense for some, but not all, investors. We would need to understand your circumstances well to be able to guide you on this, says personal finance expert Rahul Goel.
One needs to set aside only about 15,000 per month in assets yielding 15 per cent per annum to achieve an inflation adjusted goal of Rs 1 cr in 25 years. Since the tenure is long, best would be a portfolio of diversified equity funds, says the financial expert Rahul Goel.
The primary issue market has hit an all-time high with 63 corporates raising Rs 1,18,704 crore through main-board initial public offerings (IPOs) so far in 2021, which is nearly 4.5 times more than the Rs 26,613 crore raised through 15 issues in 2020 and almost double of the previous best of Rs 68,827 crore in 2017, according to a report. Pranav Haldea, managing director of Prime Database Group, said the IPO frenzy was driven by new-age loss-making technology start-ups along with strong retail participation, and the resultant massive listing gains were the key highlights of the year. Another highlight was only 51 per cent or Rs 103,621 crore of the total Rs 202,009 crore was fresh capital raising and the remaining Rs 98,388 crore were offers for sale.
If you have about 3-5 hours every day to study the stock markets and the companies to inevst in, then go for direct equity. If not, go in for mutual funds, says expert Rahul Goel.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Domestic mutual funds have added over 20 billion dollars in July to their 100-billion-dollar kitty, driven by fresh capital raised through new fund offerings as well as a sharp rally in stock markets.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
Under the proposed rules, mutual funds may not be allowed to borrow more than 20 per cent of the net assets of a scheme and the duration of such borrowing would not exceed six months.
The question of debt mutual funds verses fixed deposits has been going on for a long time. Which one serves better for the conservative investor? InvestmentYogi takes a close look and breaks it down, giving you the details you need to make an informed choice.
'Sebi has to make sure that investor interests are protected and at the same time, there isn't over-regulation so that companies don't get discouraged to list here.'
According to a strategist at a leading foreign brokerage, the inflows into India can be sourced to a host of India dedicated funds and some global funds.
For a new investor the right way to begin is consider well diversified funds that invest predominantly in large cap stock
Under the new guidelines, the top 10 active equity schemes in terms of assets would collectively require investments of around Rs 365 crore -- up from mandated Rs 50 lakh at present -- in their own schemes.
FMC chairman S Sundareshan, while delivering a lecture on 'Commodity Future in India,' strongly advocated the participation of the crucial financial sector in commodities.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The Finance Minister has come out with a broad roadmap aimed at regaining the confidence of investors in the Indian economy.
While looking to give a boost to the mutual fund sector with some contribution from about Rs 5.5 lakh crore (Rs 5.5 trillion) corpus being managed by Employee Provident Fund Organisation, Sebi feels that age restrictions would safeguard investors from 'unnecessary risks' during years closer to their retirement.
When mutual funds change their unit values, investors think there is a real change. In reality, it is not.
They give you tax sops on investments and are also exempt from long term capital gains tax.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
The report on Mutual Funds Investments released by Research and analytics firm, Boston Analytics, suggests investors are holding back from putting their money in mutual funds because of their perceived high risk and a lack of information on how mutual funds work.
Concerned over the non-performance of some schemes over a long period of time, Sebi Chairman U K Sinha said that fund houses need to look into the matter and consider merger of some schemes.
Domestic mutual funds have witnessed a windfall of assets worth about Rs 20,000 crore (Rs 200 billion) over the past month on the back of investors reposing faith in the market.
Past performance is undoubtedly very luring, but should you rely on it?
Investors can now look forward to new opportunities in the global markets with eased overseas investment norms for mutual funds, which provides the much-needed quality diversification to their portfolios, the industry experts said.
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
Equity flows turning positive could give fund managers firepower to invest in the markets. This could come in handy as flows from foreign investors have tapered off amid rising bond yields in the US.
Sudhanshu Singh, director IBBM, MM Securities, answers your mutual fund queries.
