Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Exodus of top managers an unintended side effect of roaring MF industry
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
The country's 44 fund houses together garnered an average Asset Under Management) of Rs 9.04 lakh crore (Rs 9.04 trillion) during the January-March quarter of 2013-14, up from Rs 8.76 lakh crore (Rs 8.76 trillion) in the previous three-month period, Crisil said attributing the data to the Association of Mutual Funds in India.
HDFC Equity, the largest equity fund, also managed by Prashant Jain, with a corpus of Rs 10,445 crore, has 9.4 per cent of its assets in SBI.
Sinha says many fund houses not abiding by rules on minimum number of investors, awareness funds
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
Most equity schemes have more than doubled their NAVs in 8 years, even if they entered at the pre-Lehman crisis peak
Market regulator also announces measures for mutual funds sector.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
Insurance firms have designed amazing retirment plans to lure more customers.
For a while, it seemed the markets were going on a free fall.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.