With this, total inflows have reached Rs 3.98 lakh crore in the first 11 months of the current fiscal (2016-17). In comparison, Rs 2.07 lakh crore was invested in various mutual fund products during April-February period of 2015-16.
In a set of FAQs on applicability of Goods and Services Tax on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.
The bi-annual financial stability report noted that failure of an NBFC with the maximum capacity to cause solvency losses to the banking system will lead to a loss of 2.5 per cent of the total tier-I capital of the banking system.
Should you expect 15 per cent return over a period of 20 years? Dwaipayan Bose has the answer
'Investors need to understand that these schemes may not do well in the market that is in a bull run, but quality stocks would protect the downside.'
Mutual funds are a popular investment tool for investors because it offers a convenient and cost-effective way to invest in the financial markets.
Foreign institutional investors (FIIs) have raised stake in billionaire Mukesh Ambani-led Reliance Industries to a record 25.2 per cent in the quarter ended September 30, according to the company's regulatory filing. Reliance Industries (RIL) on Thursday filed a statement showing the shareholding pattern for the quarter ended September 30.
MFs have benefited from a shift to financial assets from physical assets like real estate and gold.
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
'Our advice is to put money into equities now rather than staying away.'
It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.
Domestic fund houses, which are yet to recover from huge redemptions in October, will have to gear up for another round of outflow in the New Year.
This amount does not include losses suffered indirectly through investment in mutual funds (MFs) and insurance companies.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Equity funds like stocks are also impacted during a downturn. But being diversified, they are better equipped in restraining volatility. Also the onus of investing is on the fund manager as opposed to direct investing wherein the investor must have the requisite expertise, says financial planning expert Irfan Rupani.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A committee set up by the Association of Mutual Funds in India had recommended that the existing OD may be split into two parts -- Statement of Additional Information, which will incorporate all statutory information on mutual funds, and Scheme Information Document. However, the schemes which have already received final observations from Sebi can use the old OD format provided they are launched on or before July 31, 2008. But, in this case SID has to be adopted.
If one has a long term investment horizon and have appetite for near term risk, then one should look at adding equity funds in one's portfolio. The long terms returns from these incidentally as of now are tax free. But even if there were to be a tax, they may still make great investment sense, says personal finance expert Rahul Goel.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
Small-cap stocks raked in big gains in fiscal 2021-22 by giving up to 36.64 per cent returns, outshining the bigger benchmark gauge and experts believe that they may continue to outperform in FY23. Markets faced many headwinds in the latter part of the last fiscal with the emergence of geopolitical tension, inflation concerns and FII selling. Analysts said that the first half of the last fiscal was very good, while the market entered into consolidation in the second half, combined with high volatility.
Mutual fund houses are bullish on the financial sector, notwithstanding the recent beating at the stock market. Fund houses like Kotak Mahindra AMC, Sundaram BNP Paribas & LIC Mutual Fund have drawn up plans to introduce products aimed at the financial services sector. Bank stocks for long had been one of the favourite picks for many fund managers. There was a slowdown in valuations of financial sector stocks but Indian corporate entities still continue to remain attractive.
There will be STT and a tax on short-term equity sales, plus an exit load for mutual funds.
After having raised Rs 20,000 crore by selling NFOs, mutual funds are now likely to turn buyers. A slew of funds, including Morgan Stanley ACE Fund, Birla Sun Life Pure Value Fund, Mirae Asset India Opportunities Fund Standard Chartered Fund closed recently. Mutual funds launch NFOs to raise money since the mutual fund penetration in India is low. Most mutual funds expect redemptions on account of advance tax provisioning that corporate houses do at this time of the year.
A sector fund (Reliance Diversified Power Sector), a tax-planning fund (Taurus Libra Taxshield), and a fund focused on energy and construction (JM Basic) all found their way here.
The only option to realise the profit in the growth option is to sell or redeem your investments.
Sixty out of 154 mutual funds have underperformed their benchmarks by over 30 per cent
Mutual funds are all set to capture the buoyancy in the energy sector. The latest to join the bandwagon is Sundaram BNP Paribas Mutual Fund, which is coming out with a three-year, closed-ended new fund offering 'The Energy Opportunities Fund'. The fund will invest in equity and equity-related instruments of companies focussed on the energy space or those directly or indirectly benefiting from it.
While FIIs have pumped in nearly Rs 17,000 crore, MFs have been net buyers to the tune of Rs 9,000 crore.
The payouts were 22 per cent lower than the previous year's tally of Rs 7,938 crore.
The finance minister said that Indian investors will be allowed investment in overseas capital markets through mutual funds and that mutual funds will set up infrastructure fund schemes.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The average fall in 15 most-invested stocks by equity MFs was 5.7 per cent. Chandan Kishore Kant reports
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The mutual fund industry saw a sharp decline in its average assets in June -- with over 36 per cent plunge for some companies -- as investors withdrawal offset gains from an upward move in the equity market.