BUSINESS
PGIM India Mutual Fund launches retirement fund; should you invest?
The fund strategy will have a minimum allocation of 25 percent each to large-cap, mid-cap, and small-cap stocks, which is in line with the investment mandate of multi-cap funds.
BUSINESS
Over 73% active mid/small-cap funds fail to beat benchmark in 2023 despite market rally
On the other hand, the number of large-cap equity funds beating their benchmarks improved in 2023 as only 52 percent of actively managed funds underperformed the S&P BSE 100 last year against 88 percent in 2022.
BUSINESS
SEBI asks mutual funds why elderly citizens were sold small-cap schemes
SEBI has asked at least one fund house why super senior citizens were sold high-risk schemes like small-cap schemes. Industry says more mutual funds have got SEBI’s email.
BUSINESS
2024 a mean reverting year for markets, next leg of rally after long-term correction subsides: Umeshkumar Mehta, Samco MF
Umeshkumar Mehta, Chief Investment Officer at Samco MF in an interview with Moneycontrol shared his top sectoral picks, and views on how Dalal Street will perform in 2024 and the impact of SEBI stress test on mutual funds.
BUSINESS
Fresh restrictions on overseas funds: How have the top 10 international mutual funds performed?
If an investor is looking to invest overseas, most global funds, apart from ETFs, are accepting fresh investments at this point. However, this can change at any time depending on the headroom available to the fund houses.
BUSINESS
Nippon India Mutual Fund further restricts fresh SIPs in smallcap fund
According to the fund house, the fresh limit has been imposed to facilitate gradual deployment of corpus to align with the nature of smallcap investing
BUSINESS
SEBI asks mutual funds to stop accepting inflows in ETFs investing overseas
The upper limit available to MFs to invest in overseas securities is $7billion. However, there is a separate limit to invest in overseas ETFs, which is $1 billion. The ETF limit is now close to being breached
BUSINESS
Quant Mutual Fund lowers minimum redemption amount from Rs 1,000 to Re 1
When you hold units in Demat mode, while redeeming you have to input a whole number and decimals are not allowed. With this change by the fund house, you can redeem the decimal units too, say experts
BUSINESS
Will mutual fund stress test results help investors? | Simply Save
Nirav Karkera, Head of Research at Fisdom digs deeper into the results of the stress test and talks about whether investors need to change their investment strategy, surprising numbers from the stress test results and what can be expected in the subsequent data.
BUSINESS
The Bajaj name eased our way: Ganesh Mohan, CEO, on Bajaj Finserv MF's first year
Pune-based Bajaj Finserv Mutual Fund is close to turning one. The fund house's Chief Executive Officer, Ganesh Mohan, spoke to Moneycontrol about the experiences of the first year, what fuelled AUM growth, the impact of Bajaj’s name on the business, and future fund launches
BUSINESS
March mayhem in equity markets: Where to invest your money today
While the recent performance of midcap and small-cap funds may have raised concerns among mutual fund investors, it is essential to approach investing with a long-term perspective.
BUSINESS
Stress Test: HDFC MF’s Rs 28,600 crore small-cap fund to take 42 days for 50% liquidation
In the mid-cap segment, HDFC Mid-Cap Opportunities Fund, which is the biggest in the category with Rs 60,187 crore AUM would take 23 days to liquidate 50 percent of the portfolio.
BUSINESS
Stress test: Franklin India, Canara Robeco post good numbers for large smallcap funds
Among the top 10 smallcap funds which have announced the results so far, Canara Robeco and Franklin India mutual funds are the quickest in terms of liquidation of their smallcap funds
BUSINESS
MF stress test: India’s biggest small-cap fund can sell off its 50% portfolio in 27 days
The stress test results of Nippon India Small Cap Fund, which has assets of Rs 46,000 crore, assume significance because of its size and the number of stocks it holds. The scheme holds more than 200 stocks in its portfolio.
BUSINESS
Mutual Fund stress test: Edelweiss Small Cap Fund to take 3 days for 50% liquidation
A 25% portfolio liquidation in Edelweiss Mid Cap Fund can be done in one day, while the same for Edelweiss Small Cap Fund stands at two days, showed mutual fund stress test results announced by Edelweiss MF on March 14
BUSINESS
SEBI mutual fund stress test: Quant MF says smallcap fund to take 22 days for 50% liquidation
Acting on SEBI’s concerns about the froth building in mid-cap and small-cap segments in the stock market, AMFI had told mutual funds to conduct stress tests and publish the result on its own websites as well that of AMFI’s, once every 15 days.
BUSINESS
Samir Arora’s Helios Balanced Advantage Fund comes with equity overdrive, less debt. Will it make a difference?
Samir Arora’s Helios MF is expanding its footprint slowly. Its new scheme, Helios Balanced Advantage Fund, aims to appeal those who are comfortable with an aggressive strategy; more of equity and no corporate debt securities. This is different from typical BAFs
BUSINESS
Share of investments by women in MF assets rises to 21%: AMFI report
The number of women mutual fund distributors has steadily increased, nearing the 42,000 registration mark as of December 2023, managing over Rs 1 lakh crore in AUM, AMFI report showed.
BUSINESS
Flows into small-cap funds slow down, AMFI numbers show
Small-cap funds have come into focus after regulatory bodies directed mutual funds to thoroughly assess the liquidity and volatility of their small-cap and mid-cap fund portfolios in relation to benchmarks.
BUSINESS
Equity fund inflows rise 23% to Rs 26,866 crore in Feb; SIP book tops Rs 19,000 crore
Smallcap and midcap funds too saw robust inflows in February even after Sebi raised concerns over froth in the segments
BUSINESS
Women’s day: How a simple newspaper reading habit led Shibani Kurian down the fund management path
International Women’s Day: Shibani Kurian, an equity fund manager, oversees around Rs 7,500 crore in assets at Kotak Mutual Fund. One key investment mantra that she has always followed is that cutting losses or making fewer mistakes is as important as identifying winners.
BUSINESS
Women’s Day: Meet Anju Chhajer, who manages Rs 83,000 crore assets at Nippon India MF
International Women’s Day: Chhajer has a ringside view of the changing world of debt markets; an attribute she has put to good use.
BUSINESS
Will SEBI’s scrutiny hit hefty smallcap funds more? Quantum AMC’s Chirag Mehta answers
A fund's size does not matter, says Chirag Mehta, CIO, Quantum AMC, if a fund house operates within the frameworks it has set. But otherwise, there may be trouble
BUSINESS
Will SEBI advisory impact investing strategy of smallcap funds?
Fund managers believe that the regulatory advisory on smallcap funds will not have an impact on the broader markets but will improve transparency in the mutual fund space. However, they suggest that investors be cautious in this space as valuations are not cheap.
