According to the latest data, fund managers bought shares worth a net Rs 76,906 crore (USD 12 billion) in the first half of the ongoing financial year, while foreign portfolio investor (FPIs) pumped in just Rs 5,278 crore (USD 810 million) in equities during the period.
Watch the interview of Lalit Nambiar, EVP - Fund Manager & Head of Research at UTI MF with Prashant Nair, and Ekta Batra on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
According to the Amfi data collated by Icra, during the past 19 quarter-end months, AUM has declined on 17 instances.
The closed-end capital protection fund will invest its assets in debt securities, money market instruments, and equity or equity-related securities
The IT industry is not in dire straits as the market is making it out to be, says Vetri Subramaniam, Group President and Head of Equity, UTI Asset Management
Smart Beta Funds not only seek to improve returns for investors they also reduce risks and enhance diversification by combining the characteristics of both active and passive investing
The close-ended equity fund will invest at least 80 percent of corpus in equity and equity-related instruments
Your SIP investment must go up as your income rises.
In an interview to CNBC-TV18's Latha Venkatesh and Nimesh Shah, S Naren, ED & CIO at ICICI Prudential AMC, Navneet Munot, CIO at SBI MF and Nilesh Shah, MD at Kotak Mahindra AMC speak about how Mutual Funds will pan out in the New Year.
The scheme has been terminated as the scheme did not meet the criterion for minimum assets under management
The regulator’s objective behind the move is reduce confusion for mutual fund investors, and deter asset management companies (AMC) from coming out with overlapping products merely to boost their assets under management.
Watch the interview of Pankaj Tibrewal, Sr. VP & Equity Fund Manager at Kotak Mutual Fund with CNBC-TV18's Prashant Nair and Ekta Batra where he shared his readings and outlook on market fundamentals as well as specific stocks and sectors.
Mutual Fund (MF) inflows have come off their all-time highs.
Manish Gunwani sees good earnings, both domestic and global in FY19 and sectors such as telecom and pharma could see year on year growth.
In a move to declutter and rationalise mutual funds, Securities and Exchange Board of India (SEBI) sets 5 broad categories for mutual fund (MF) schemes. Also defines largecap, midcap and smallcap companies by market capitalisation. In an interview to CNBC-TV18, Nilesh Shah, Managing Director, Kotak Mahindra AMC shared his views and outlook on the same.
According to the report, as of June 2007, there were 118 large cap equity funds available for investment. Out of these 118 funds, 40 funds either merged or liquidated over the 10-year period ending June 30, 2017 resulting in a survivorship rate of 66 percent.
The maximum amount an investor can invest in ICICI Prudential Regular Savings Fund will be 50 crore rupees
The scheme will remain open for subscription until Oct 13
Maheshwari feels equity is a better asset class in the longer term and will add more value to the portfolio.
The open-ended exchange-traded fund will invest at least 95 percent of its corpus in companies constituting the underlying index
Currently, the open-ended equity schemes levy one percent exit load if investments are redeemed within one year from the date of allotment
The debt-oriented interval schemes has been wound up as it did not meet the requirement of minimum assets under management criterion
Such a move would help deepen the market and provide hedging opportunities to large companies that trade overseas due to limited liquidity at local exchanges.
Bhan’s ability to pick fundamentally sound stocks and understand long-term trends has benefited the fund
The fund has maintained a higher-duration strategy largely through government securities/state development loans