Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
'The number of first-time investors into MFs can grow four times more than the current rate if we are able to accept the bank KYCs.'
The mutual funds witnessed net inflow of Rs 7,131 crore (Rs 71.31 billion) in May 2003, with total sales and redemption/repurchases at Rs 35,922 crore (Rs 359.22 billion) and Rs 28,791 crore (Rs 287.91 billion), respectively.
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
Funds now offer themes that are based on quantitative models and profit-booking.
With markets expected to remain volatile, promoters and lenders exposed to the industrials and materials space can face brunt of the price erosion of the pledged shares.
Nine lenders have exposure to the promoter entities and had taken listed operating companies' shares as collateral from the promoter companies.
Here's what you must know about buying and selling of mutual funds online.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
According to the Mutual Fund Monthly Performance Report by Reliance Money, the fund houses were sitting on a cash pile of Rs 15,074.27 crore (Rs 150.74 billion) at May-end against that of Rs 20,108.92 crore (Rs 201.08 billion) at the end of previous month. Fund managers said that availability of stocks at cheap valuations renewed their interest in the secondary market.
Mutual fund houses hold Rs 3,400 crore of Yes Bank's 'riskier' bonds. Reliance MF, Franklin Templeton MF and UTI MF account for bulk of these exposures.
According to industry players, over 50 FMPs have exposure to Zee Group companies.
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks, Jefferies says, are most prune to "high risk" emanating from ADAG, Cox & Kings, CG Power, DHFL and Essar Shipping.
Tax Guru Anil Rego answers your personal income tax queries.
'I have been advising investors since the last couple of months to at least take their capital out.' 'Most of the people have made 50-60 per cent in the market, if not more, they must at least take their capital out.'
You now have to wade through concepts such as asset allocation, rupee cost averaging and rebalancing, understanding of which is essential to make your investment a success. These weighty words could make the timid give up any thoughts of investing.
Mutual funds bought metal, telecom, pharma, cement, and oil and gas stocks in August. Selling was seen in auto majors, sugar, power, textile, and construction stocks, while stocks were re-aligned in the IT, and chemical sectors.
Always keep your portfolio simple, says mutual fund expert Rahul Goel.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Credit profiles have turned healthier from a year ago
A good planner will take the role of a family doctor.
Diversify! Go for SIPs in equity MFs or buy debt funds! Don't time the market! Don't trade intra-day! So simple!
Feeder funds may well be the next big thing for Indian investors looking at opportunities abroad. "Several top funds are working on launching feeder funds schemes.
The general nervousness because of the IL&FS default will prevail in the system for now.
The Securities and Exchange Board of India has scrapped entry loads on direct applications to MFs. This means that if you invest directly with the fund house by submitting your application forms at any of its collection centres, you don't need to pay entry loads (presently 2.25 per cent). Internet transactions done through the MF's website are also now exempt of loads.
But you may need to do some running around to obtain a no-objection certificate from your earlier agent if you have switched agents
Mutual funds pared exposure to auto, cement, metal, FMCG, telecom, sugar, and power stocks in January.
Systematic investment plans, through which mutual fund investors put a fixed sum into MF schemes, are proving to be engines of growth for fund houses with the number of SIP investors growing nearly three times since last year.
Experts expect the trend to continue in the near term.
The bond, which the Reserve Bank of India started issuing on behalf of the Union government in 2003, was considered one of the safest savings instruments for retail investors.
But due to SEC diktats, funds that are US-based -- like Templeton, Fidelity and HSBC -- do not accept investments from NRIs.
They have put in $14 billion so far in 2014 but this could get slower if the US Fed raises rates; however, there are expectations on compensatory flows.
Telecom, steel, and construction stocks witnessed buying
Mutual funds have given investors the choice to move away from traditional investment options
Dalal Street is bullish on invest
Mutual funds bought pharma, manufacturing, auto, and FMCG stocks in June.
The small investors must heed the advice of mutual funds and remain invested.
With 1,500-plus schemes in the market, how do you pick the winners? Here's help.