Coming down heavily on MF players who in recent past chose to use shareholder fund to buy out debt of bleeding invested companies, Sebi said MFs can't have standstill agreements with companies and will take action against fund houses for such deals.
In recent times small investors are putting their money into mutual funds rather than in initial public offerings or investing directly in the stock markets due to market volatility.
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.
Mutual funds were predominantly buyers in the banking, engineering, power, IT, and media space in February
Mutual funds can be broadly classified into two categories in terms of the fund management style
Contributions to mutual fund schemes through systematic investment plans or SIPs remain unfazed from the market volatility in 2022 with inflow growing to Rs 1.5 lakh crore in 2022, a surge of 31 per cent from a year earlier, due to higher retail participation. In comparison, an inflow of Rs 1.14 lakh crore through the route was registered in 2021 and Rs 97,000 crore in 2020, data with the Association of Mutual Funds in India (AMFI) showed. Going ahead, SIP numbers are expected to continue to remain strong in 2023 as investors are increasingly appreciating the importance of regular investing through the route, Kaustubh Belapurkar, director - manager research at Morningstar Investment Adviser India, said.
'Long-term investors seeking sustainable gains from resilient, fundamentally strong companies may go for these funds.'
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.
With more exchange traded funds coming into the market, are they a better alternative to mutual funds?
Domestic brokerage Sharekhan's last month's analysis of buy and sell transactions by mutual funds shows that the fund houses purchased stocks from sectors such as infrastructure, IT, telecom and healthcare, while offloading shares from oil and gas and banking sectors. Domestic mutual funds are lapping up the buying opportunity present in the bear gripped stock market and made net purchases worth Rs 3,179 crore (Rs 31.79 billion) in equities in June.
Have you ever wondered why mutual funds charge investors in a new fund offering with an entry load?
Financial planning expert Vetapalem Sridhar gives tips on how to build a good mutual fund portfolio for the long-term.
Where should you put your money in these uncertain times? Stocks or mutual funds? Financial planning expert Vetapalem Sridhar has some answers.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
If you do not insulate your retirement corpus from the true cost of modern critical care, you don't have a retirement plan -- you have a fragile strategy waiting for an expensive medical emergency to break it
As the mutual fund industry evolves, certain aspects only get worse
A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.
Here's why you would want to invest in them.
Take the Rediff Biz Quiz and find out how much you know about various Indian mutual funds.
There's more than meets the eye when it comes to a mutual fund's returns. Here's how you can check a fund's risk-adjusted return.
Is it a wise idea to put your money in mutual funds when stock markets in India are at an all-time high? Financial expert Vetapalem Sridhar believes that mutual funds generate good returns only over the long-term.
These are the top 8 out of 88 funds that the diversified equity fund category has to offer.
These equity mutual funds may have fewer assets under management than their more known peers but are our analysts' favourites.
HDFC Mutual Fund is offering two schemes -- Multiple Yield Fund and Core and Satellite Fund. Find out all about Multiple Yield Fund
Flexi-cap funds are diversified equity funds with a mandate to invest in stocks across market capitalisations.
Over reliance on debt and distribution bottlenecks are some of the main problems that the industry needs to resolve.
Investing in a mutual fund allows you to minimise risk and maximise returns, because it acts as a middle man for a group of investors with a shared and predefined investment objective. If your main objective is security in investment but you don't know how to begin, a mutual fund is one way to go.
The Association of Mutual Funds of India, the trade body representing the over Rs 135,000 crore (Rs 1,350 billion) industry, has offered Pakistan its help for developing and strengthening the capital market in that country.
Mid- and small-cap funds dominate the list, opening up opportunity for investors to make contra bets in large-cap funds
Despite dull market, more individuals make crores by selling mutual funds.
Mutual fund investors should not only ask for fact sheets from their advisors and mutual funds every month but must also read them carefully. Here's why...
Net investments into equity mutual fund schemes in India remained elevated at approximately 38,440 crore in April, despite a slight dip from March's high and a 3% month-on-month decline in Systematic Investment Plan (SIP) inflows.
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.
IIT Bhubaneswar and IIT (Indian School of Mines) Dhanbad have signed a Memorandum of Understanding to enhance research collaboration and academic interactions, particularly in semiconductor and basic sciences. The agreement facilitates joint research projects, doctoral student supervision, faculty and student exchanges, and shared experimental resources, aiming to advance knowledge and create lasting impact.
Mid-cap funds have given three-digit returns -- more than those from benchmark and large-cap funds. But, due to the higher risk they entail, you need to tread with care.
