The fund house says it is doing this to protect the interests of existing investors.
The competitive intensity in the mutual fund (MF) industry is moving beyond scheme performance, cost structures, and distribution. In recent months, several fund houses have rationalised exit loads applicable on redemptions.
Exodus of top managers an unintended side effect of roaring MF industry
The Indian market is a bull market and the current weakening is merely a correction, says Apoorva Shah, executive vice president & fund manager (equity), DSP BlackRock Mutual Fund.
An analysis of how DSP BlackRock Micro Cap fund has performed in the last five years
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
As Prime Minister Narendra Modi visits US, fund managers from India and abroad expect improving sentiments and impressive returns from Indian markets to help attract billions of dollars flowing into the country's asset management industry.
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
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.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
The pension fund managers distribute products under the National Pension System.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Women have been leaving the investment decision to husbands.
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
Worst performers among category funds, but beat sectoral indices
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.
Despite recent setback, these remain the most appropriate tool for international diversification
Better stick to equity diversified funds, says Larisssa Fernand
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
Subramaniam feels it does make sense to have some overlay in lump sum if one has the cash to do so.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
To be fair, one year is too short a period to judge the schemes' performance.
Buying units of international feeder funds is no different from buying any mutual fund unit.
When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
In January 2008, the Sensex hit then all-time high of 21,207 (closing high of 21,004 was achieved in November 2010).
Be a disciplined investor for attractive returns, says fund managers.
India may be at the fag end of a downcycle that has lasted over 7 years
Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.
Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 4000 crore
Equity investments are fruitful over the very long 20-year term.
'It could tempt investors to pick stocks that are not fundamentally sound.'
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.