BUSINESS
Sectoral, thematic funds investing in stocks log record inflows of Rs 19,213 crore in May: AMFI
There are 162 mutual funds in the sectoral/thematic category with total assets under management (AUM) of Rs 3.37 lakh crore as of May 31, 2024
BUSINESS
Equity mutual funds see record Rs 34,697-crore inflows in May: AMFI data
The surge in net investments into open-ended equity funds was fuelled by sectoral/thematic funds, which saw net inflows of Rs 19,213.43 crore during May.
BUSINESS
How should debt fund investors invest post the RBI policy?
After the Reserve Bank of India’s status quo on policy rates, investors can continue to enhance the duration of debt schemes in their portfolio in anticipation of softer rates and stable liquidity conditions down the road
BUSINESS
Delay in mutual fund allotment robs retail investors of gains from June 4 market crash
Many investors have alleged that delays in allocating mutual fund units on June 4 denied them the opportunity to make potential gains on buying at lower levels after Indian equity markets crashed on June 4. Close to half a million mutual fund transactions were estimated to have been executed on that day via investment platforms.
BUSINESS
Retail investors can give sectoral funds a miss, but savvy investors can consider IT and pharma
Investors may find both sectoral and thematic funds appealing due to the potential for higher returns when their chosen sector or theme thrives. However, these funds come with elevated risks as they have a narrow focus, compared to diversified funds.
BUSINESS
How to invest after the surprising general election outcome? Here’s what DSP Mutual Fund’s Kalpen Parekh has to say
In an interview with Moneycontrol, the Managing Director and Chief Executive Officer, DSP Mutual Fund, also spoke about sectors the fund house is betting on, his top contrarian bets and views on the unabated flows into small-cap funds
BUSINESS
Election results: Retail investors not in panic mode, dial MF distributors to buy on stock market plunge
The mammoth 6 percent fall in benchmark stock indices Sensex and Nifty50 did not send all retail investors into panic mode; surprisingly, many called to ask if they should deploy lump-sum amounts into equity mutual funds now, say mutual fund distributors
BUSINESS
Investment strategy: Equities still the best bet, continue SIPs and build a diversified portfolio, say experts
With election results still pouring in for the 2024 Lok Sabha elections, mutual fund investors are looking for cues for their next move even as BSE Sensex and NSE Nifty take a severe beating. Defensive sectors such as healthcare, utilities, and consumer staples can provide stability during uncertain times, while cyclical sectors such as industrials, financials, and technology may benefit from economic recovery and policy changes, say experts
BUSINESS
Betting on India’s manufacturing sector: Can this new theme fund win the race? A Moneycontrol review
Mahindra Manulife Manufacturing Fund is a thematic fund that will like its name suggests invest in manufacturing-related companies and sectors, and comes at a time when a new government is to take charge and hopefully announce its economic policies soon
BUSINESS
How to fund your kid’s overseas education through mutual funds | Simply Save
Moneycontrol talked to Harshad Chetanwala, co-founder, MyWealthGrowth.com about why investing in mutual funds is important for planning overseas education for your kids. He also talked about when should one start investing and which funds to consider and what should be the ideal mix between overseas and domestic funds.
BUSINESS
Markets will see deep correction if the NDA government doesn’t get mandate: Raamdeo Agrawal
Agrawal predicts that the Sensex and Nifty will double in the next five years and the market capitalisation of the Indian equity markets will also double from the current $5 trillion during the same period
BUSINESS
Looking to invest in overseas MFs? Find out which funds are open, which are not
The overall AUM of international funds surged more than 10 times, from Rs 4,220 crore at the end of January 2020 to Rs 45,600 crore at the end of December 2021. However, weighed by regulatory restrictions, their AUM stood at Rs 51,584 crore as of April end.
BUSINESS
How investing in mutual funds for overseas education can help
By starting early, setting clear goals, assessing risk tolerance, diversifying investments, and regularly monitoring the portfolio, you can effectively build a fund to support educational expenses abroad instead of taking a loan, which involves monthly repayments, interest payments, or debt obligations.
BUSINESS
Why short-term debt funds are your all-weather friends
Short-duration funds invest in short term debt securities in such a way that the entire portfolio’s Macaulay duration remains 1-3 years. They are likely to deliver better returns across rate cycles
BUSINESS
Should you buy into India’s first pure-play active auto fund after 60% rally? A Moneycontrol review
Consider investing in a sectoral fund such as SBI Automotive Opportunities Fund only if you hold a positive outlook on that specific sector or have reliable access to quality advice. For such funds, achieving profitability requires precise timing for both entry and exit.
BUSINESS
Mutual Fund Stress Test: How the top 10 small-cap funds performed
As per the latest data of the stress test results, SBI Mutual Fund, the third biggest in the category with assets under management of Rs 27,769 crore showed biggest improvement in its liquidity positions.
BUSINESS
Mutual fund stress test: SBI MF shows big improvement in liquidity positions
The third batch of mutual fund stress-test results showed a small fall in the overall liquidity positions of small-cap funds, as it would take an average of 14.46 days as of April end against 14.23 days in the previous month, to liquidate half of the portfolios of such schemes.
BUSINESS
Where to invest Rs 10 lakh in this market? | Simply Save
Atul Mehra, Fund Manager at Motilal Oswal Mutual Fund talks about why Indian equity markets have turned volatile and also suggests how investors should tread the markets given the uncertainties and where one can deploy Rs 10 lakh in this market.
BUSINESS
SEBI offers relief on KYC compliance norms for mutual fund investors
The capital markets regulator has done away with the need of linking PAN and Aadhaar to get ‘KYC-registered’ status for mutual fund transactions
BUSINESS
PM Modi declares total assets of Rs 3.02 crore, majority in fixed deposits
Prime Minister Narendra Modi’s assets include Rs 2.86 crore in fixed deposits at the State Bank of India.
BUSINESS
Debt Funds Sahi Hain: Inside AMFI’s next big ad campaign
AMFI's 'Mutual Fund Mein Fixed-Income Wali Baat' campaign aims to replicate the success of the 'Mutual Fund Sahi Hai' initiative by telling investors that MFs don’t invest only in equities
BUSINESS
Akshaya Tritiya | Can buying gold this festival yield good returns?
The year 2023 proved to be a fruitful journey for precious metals, notably gold, which saw gains of more than 15 percent in the domestic markets. In continuation to this trend, the MCX gold has surged 12.50% so far this year.
BUSINESS
No impact of new KYC norms on mutual fund inflows; only 3% accounts have ‘KYC On-Hold’ status: AMFI
More than 93 percent of mutual fund accounts have achieved ‘KYC Validated’ or ‘KYC Registered’ status. Further, the number of accounts having ‘KYC On-Hold’ status has fallen to 3 percent from 12 percent earlier, says AMFI.
BUSINESS
Equity fund inflows fall 16% to Rs 18,917 crore in April, SIP book tops Rs 20,000 crore for first time
Thanks to the fresh inflows into debt funds and equity funds, the total assets under management (AUM) of the Indian mutual fund industry reached Rs 57.26 lakh crore at the end of April 2024.
