BUSINESS
Mutual funds plan to approach Sebi to relax new rule on perpetual bonds
The 100-year maturity rule can create volatility in NAVs of mutual fund schemes exposed to such bonds, say sources.
BUSINESS
Edelweiss Nifty PSU Bond Plus SDL Index Fund-2026 NFO review: Should you invest?
It is a passive fund with investments made in safe debt securities. Holding investments till maturity removes interest rate volatility.
BUSINESS
Firms owned by Samir Arora and Rakesh Jhunjhunwala apply for mutual fund licenses
Helios Capital and Alchemy Capital are the latest applicants for MF licenses. Will investors gain from their entry?
BUSINESS
HSBC Global Equity Climate Change Fund of Fund NFO review: Should you invest?
Such funds are more focused on environmental issues than typical ESG funds. Their focus is on investing in companies that are reducing carbon emissions and waste
BUSINESS
Shareholder's Vote: SEBI mandates mutual funds to vote on all company resolutions
New guidelines say voting can even be done at scheme-level if fund manager has a different view than the fund house.
BUSINESS
Supreme Court postpones hearing in Franklin Templeton case till July
SC’s move will give time to SEBI to investigate allegations of wrongdoing against Franklin Templeton and its officials.
BUSINESS
SEBI proposes concept of accredited investors: Here's what you should know
Based on their risk-taking ability, the market regulator would relax the rules for such investors when they choose to invest in complex financial products
BUSINESS
What HNIs looking to invest in startups must know
Firms such as Sapient Wealth Advisors and Mitraz Financial offer clients the option of investing in start-up ventures. The returns may be quite good, but there is also the risk of losing your capital
BUSINESS
Why do PMS firms want to become mutual funds?
Two PMS firms, Capitalmind and Unifi, have applied for a mutual fund licence. The MF business allows greater flexibility in managing retail money and building larger asset sizes over time
BUSINESS
Can liquidate 40-50% of Franklin Templeton's debt fund assets within a month: SBI MF
DP Singh, SBI Mutual Fund's chief business officer, tells Moneycontrol that it will avoid any conflict of interest and ensure a transparent process while selling securities
BUSINESS
SC asks SBI mutual fund to oversee winding up of Franklin Templeton’s debt schemes
The Supreme Court expects SBI fund management to sell Franklin's debt fund assets on a best-effort basis.
BUSINESS
HDFC AMC’s outgoing MD Milind Barve on leadership and how Deepak Parekh inspired him
Barve says he has tried to make the culture at HDFC AMC as close as possible to that of HDFC’s
BUSINESS
Franklin Templeton's repayments to unitholders start next week: 5 key investor queries answered
If you are a unitholder of Franklin Ultra Short Bond Fund, you will receive around half of your money
BUSINESS
Farewell Milind Barve: The mutual fund veteran who took HDFC AMC to the pinnacle
Milind Barve is the longest-serving chief in the Rs 30 trillion Indian mutual fund (MF) industry. He will retire as the managing director of HDFC Asset Management Company (AMC) later this week.
BUSINESS
Budget 2021: Will bad bank help debt mutual funds get rid of bad securities?
Although Budget 2021 spoke of a new entity to buy investment-grade stressed securities from the market, fund managers wonder if the body would buy anything other than the highest rated instruments
BUSINESS
SC asks Franklin Templeton to return money to unitholders from cash-positive schemes
Cash to be returned in 20 days. SBI Mutual Fund will distribute the money, instead of Franklin Templeton
BUSINESS
Budget 2021: ULIP maturity proceeds not tax-free anymore
Union Budget 2021 has withdrawn tax-free maturity on fresh ULIPs if annual premiums exceed Rs 2.5 lakh
BUSINESS
Returning unitholders money: The first of many steps needed for Franklin Templeton's image makeover
Franklin Templeton also faces the uphill task of getting its equity funds back in the reckoning
BUSINESS
Just 38 percent of Franklin Templeton’s unitholders voted: SEBI-appointed observer
The observer elaborated on a number of steps that the fund house could have taken to ensure a more robust exercise
BUSINESS
Franklin Templeton voting: Observer’s report says voting not as per Companies Act
Recommends one-unit-one-vote and 30-day period for such voting
BUSINESS
Franklin Templeton verdict: When will side-pocket unitholders get their money?
A favourable verdict for an orderly winding up of Franklin Templeton’s schemes may not make any difference to the side-pocketed units
BUSINESS
Franklin Templeton case: Unitholders vote in favour of winding up of six debt schemes
The Supreme Court to hear the matter on January 25, 2021, to give directions on how the funds should be paid back to the unitholders at the earliest
BUSINESS
You should be happy if there are no increases in income taxes: Kotak MF
Even if there be a willingness to support discretionary consumption, I don’t think the government has the flexibility to do that
BUSINESS
DSP Equal Nifty 50 Fund review: Should you invest?
The aim is to capitalise on returns from as many stocks that go up, and not just the few whose weightages are greater than the rest within the Nifty
