BUSINESS
Will Quant front-running case impact Indian mutual funds industry? Unlikely, say experts
Quant mutual fund attracted a sizeable chunk of inflows from investors, but many were direct investors drawn in by its stupendous performance. Industry experts say that this won’t result in a crisis of confidence. Instead, other small- and mid- sized fund houses might just get an additional share of the investors’ pie.
BUSINESS
Quant MF incident may nudge mutual funds to expedite setting up internal fraud-detection mechanism
Earlier this year, SEBI had instructed mutual fund houses to formulate an internal mechanism to check market abuses like frontrunning and insider trading.
BUSINESS
The great, big WhatsApp stock market scam and how to avoid it
A rising share market has tempted many first-time investors to put their money in equities, lured by the dream of higher returns. That also makes them susceptible to scamsters lurking in the darkness for just the opportunity to orchestrate money scams over WhatsApp and Telegram channels. But investors must take their share of the blame as well.
BUSINESS
Franklin Templeton gets set to launch debt funds, but have investors and distributors forgiven it? Yes, says Rahul Goswami
Franklin Templeton India is ready to move on, four years after it suddenly shuttered six of its debt funds due to illiquidity caused by Covid. Here, the company's head of fixed income shares his future plans and his prognosis about inflation and interest rates
BUSINESS
Sector, thematic funds: How to choose the best of the lot
As per AMFI, there are 161 sector and thematic funds. Of these, 64 were launched since the start of 2020. Thematic and sector funds are gaining popularity, not just across the globe, but also in India. And advisors and distributors are warming up to them.
BUSINESS
Zerodha MF has launched large-cap, mid-cap ETFs: Should you invest in them?
Zerodha Nifty 100 ETF and Zerodha Nifty Midcap 150 ETF are the latest funds being offered by Zerodha Fund House, one of India's newest fund houses. The two funds are basic, but part of the fund house's larger plan
BUSINESS
Why debt PMSes believe they can beat mutual funds
The credit crisis that led to a liquidity crisis in debt funds between 2018-20, and the abolition of long-term tax benefits, have hit debt mutual funds hard. Seeing an opportunity in this high-yield game, debt PMSes have swooped in. Kunal Singh Kochar of Phillip Capital explains
BUSINESS
Solving the KYC mess: 5 steps that SEBI has taken to make things easy
NRI investors can now invest across fund houses even if they do not have an Aadhaar. As per SEBI’s latest directive, NRIs’ KYC status which was earlier ‘Registered’ on account of lack of Aadhaar will now be given an equal status to that of ‘KYC Validated’.
BUSINESS
Studying abroad: How to plan financially for your child’s foreign education
Foreign education doesn’t come cheap. It’s not just the tuition fees, accommodation, food, travel, etc., also add up to quite a bit. But the real killer is inflation and currency depreciation, which can seriously scupper your plans.
BUSINESS
Now, index funds and ETFs will be truer to label
SEBI relaxes investment restrictions for index and exchange-traded funds to invest in group companies of sponsor. SEBI has also asked fund houses to set up framework to detect front-running
BUSINESS
Why a PAN–MF folio name mismatch will lead to an application being rejected
Effective April 30, your name on a mutual fund application must match your income-tax permanent account number. But only fresh folios will be impacted.
BUSINESS
TRUSTMF Flexi-Cap Fund collects Rs 510 cr amid KYC mess
Since April 1, investors and distributors have been bogged down by new KYC rules that limit first-time investments in fund houses unless the KYC status is ‘validated.’ Among the casualties of this are some of the schemes launched in April by newer fund houses, who have had to reject applications because of incomplete KYC.
BUSINESS
Mutual fund KYC: The difficulties and how to overcome them
Since Aadhaar-based KYC is the best option that allows you to invest across fund houses, it’s best to upgrade your KYC to ‘Validated’, if your KYC is ‘Registered’. For NRIs, it is a bit more complicated since they’re not mandated to have an Aadhaar. But distributors and financial advisors are advising them to obtain an Aadhaar.
BUSINESS
Invesco Mutual Fund pays Rs 4.98 crore to SEBI to settle inter-scheme transfer case
Invesco Mutual Fund's case pertains to a SEBI investigation about alleged inter-scheme transfers and the breakdown of the Chinese wall between its Indian MF mutual fund and portfolio management services businesses, during the debt fund crisis of 2018-2020.
BUSINESS
The schemes that moved out of MC30 2024 and why
MC 30: Consistently underperforming schemes move out MC30 but that's not the only reason. Sometimes, better and more compelling alternatives prevail.
BUSINESS
Top mutual funds: 3 new schemes that enter Moneycontrol’s sparkling list of investment-worthy funds; MC30
Two equity schemes that are part of a turnaround we’re seeing at one of India’s largest mutual fund houses and a hybrid fund that comes with a strong, long-term pedigree, make it to MC30
BUSINESS
Best mutual funds: 86% of actively-managed schemes outperformed benchmarks in MC30’s 2023 run
Best mutual fund schemes to invest in: MC30- Moneycontrol’s curated list of 30 investment-worthy mutual funds is back. Three new schemes enter MC30 and three among existing ones, exit
BUSINESS
Mutual fund stress test round 2: And the winner is...
Small-cap funds would take, on average, 14 days to liquidate half of their portfolios. And it would take seven days for mid-cap funds to do the same. These are some of the key results from the second round of mutual fund stress tests.
BUSINESS
MF stress test: Why low liquidity is not necessarily bad news
The number of days it takes for small-cap and mid-cap funds to liquidate their portfolios doesn’t say much about a scheme’s portfolio and management quality. A low liquidity scheme might be truer to its label than its peers that score high on liquidity.
BUSINESS
Will the right financial advisor for me please stand up?
It takes time in assessing an advisor’s true calibre. Apart from checking his qualifications, it's important to ensure that both of you are on the same wavelength. Here's a checklist
BUSINESS
Airmiles and frequent-flier programmes can get you free tickets, but not everything is free
Air India has relaunched its frequent flier programme, called Flying Returns. Faster upgrades to higher tiers and near-perpetual validity of points make the new version of Flying Returns much better than its earlier avatar. Use your frequent-flier points wisely and you'll be able to get free air tickets from time to time. Else, the wait can be really long.
BUSINESS
Thematic funds can be part of your core portfolio if you can bear the deviation from broader indices
Vafa Ahmadi, CIIA, Managing Director and Head of Global Thematic Equities at French asset management company Amundi, oversees its thematic investments. Ahmadi says that climate change and global disruption are two of the most widely tracked and promising themes today.
BUSINESS
From 0 in 2014 to 33% in 2024: How Rahul Gandhi’s equity allocations grew in Modi years
Rahul Gandhi’s asset allocation shows that he had no investments in listed equities or equity mutual funds in 2014. By 2024, he had Rs 6.70 crore in equities
BUSINESS
Is Rahul Gandhi a wise investor?
Rahul Gandhi has investments across direct equities as well as mutual funds, gold and real estate. He likes to invest in mutual funds and sovereign gold bonds too.
