BUSINESS
UTI Balanced Advantage Fund enters a crowded market. Should you invest?
Balanced Advantage Funds invest in a mix of equity and debt depending on the relative attractiveness of the asset classes. These schemes aim to offer equity exposure with reduced volatility. Should you invest? A Moneycontrol review.
BUSINESS
Nifty50 nearing 20,000: What should you do with your MF investments?
Though the Nifty50 index is at an all-time high, investors need to stick to their asset allocation and invest in multi-cap and flexicap funds through SIP and STP, advise experts. But if you need money in the next 2-3 years, take some money off the table.
BUSINESS
The variety in banking and financial sector mutual funds and which one to pick
Some banking and finance sector funds are actively managed. Among passive schemes, some track Nifty Bank Index, Nifty PSU Bank Index and Nifty Private Bank Index.
BUSINESS
Why monthly interest payout option in a bond may not be as good as it sounds
The need for regular liquidity and the fear of loss in the event of default are among the factors that encourage investors to seek interest payouts at monthly intervals. For those looking to compound their money in the long term, such payouts should be avoided.
BUSINESS
Looking for value: Time to buy healthcare funds?
There are 18 pharma-healthcare sector funds, including seven passively managed schemes, which manage assets worth Rs 15,240 crore as on June 30, 2023. Some of these schemes invest in healthcare stocks listed overseas. Are they offering good value?
BUSINESS
International MF schemes have delayed declaring net asset values. Here’s why
Mutual fund schemes have to disclose their daily NAVs by 11 pm. Fund houses are supposed to value all the securities held in their portfolios and compute the NAV for that day. But this has led to a practical difficulty for schemes investing overseas
BUSINESS
Gilt funds regain glitter with Rs 396-crore inflow from investors
Investors latch on to government securities schemes of mutual fund houses. As per AMFI the mutual fund industry’s trade body, gilt funds saw net inflows of Rs 396 crore in June, as against an outflow of Rs 127 crore a month back
BUSINESS
New fund offer of Canara Robeco Multicap Fund opens today; should you invest?
The performance of the Canara Robeco Multi Cap Fund is benchmarked against the NIFTY 500 Multicap 50:25:25 Index TRI.
BUSINESS
Nippon India Mutual Fund limits inflows into smallcap fund
Nippon India Life Asset Management has announced that it will not accept lump sum investments into Nippon India Small Cap Fund (NISC) from July 7. The restriction will also apply to switch in transactions. NISC is the largest small cap fund in the mutual fund industry with assets under management of Rs 31,945 crore.
BUSINESS
SBI Mutual Fund to accept investments in SBI International Access–US Equity FOF
SBIUS is an open-ended fund of funds scheme investing in mutual fund scheme or ETFs that invest in US markets. It manages assets worth Rs 788 crore and has given 15.98 percent returns in one year, as of July 4.
BUSINESS
Which is the best day of the month to invest in an SIP?
Many fund houses offer flexibility on SIP dates. But a recent study showed that none of this matters as much as just being regular.
BUSINESS
Edelweiss MF to merge ETF-Nifty Bank with Nifty Largemidcap 250 Index Fund; focus on index funds
ENB is an open-ended scheme tracking Nifty Bank Index and ELM250 is an open-ended equity scheme replicating Nifty LargeMidcap 250 Index managing assets worth Rs 2 crore and Rs 50 crore respectively as on June 30, 2023. The record date for the merger is August 7, 2023.
BUSINESS
PGIM India MF allows fresh SIPs in international schemes
Its three schemes — PGIM India Global Equity Opportunities Fund, PGIM India Emerging Markets Equity Fund and PGIM India Global Select Real Estate Securities Fund of Fund — will accept subscriptions.
BUSINESS
Aditya Birla Sunlife Mutual Fund to merge schemes investing overseas
Two schemes investing overseas are merging into a third scheme, which offers a diversified overseas equity portfolio.
BUSINESS
Will credit risk debt funds make a comeback?
A rising credit quality index indicates that companies are more likely to service their loans on time. This means investors can expect attractive yields at lower risk. However, tread carefully when it comes to credit risk funds.
BUSINESS
DSP MF rolls out tech sector ETF after dismal year for IT stocks. Time to scoop up IT stocks?
DSP Nifty IT ETF’s new fund offer opened for subscription on June 21. The fund will try to mop up technology sector stocks that are available cheap following the beating they took since the beginning of 2022. The fund house hopes that the worst is over for technology stocks.
BUSINESS
Personal Finance: 3 handy tips to make your SIPs a success
Systematic investment plans are becoming an increasingly popular way of investing in mutual funds. But only death and taxes are guaranteed, not returns. Here’s how to juice your SIP better.
BUSINESS
Sandeep Bagla: A fixed income market champion who is now building Trust MF brick by brick
For the CEO of Trust MF, the journey from a private sector NBFC to a public finance institution to a foreign securities firm-backed primary dealership has provided a glimpse of varied environments and best business practices. How he makes Trust MF stand out from around 40 competitors is the next episode to watch.
BUSINESS
Sensex hits 66,000: What should be your strategy with equity mutual funds?
As the Nifty 50 index nears its all-time high, some mutual fund investors are contemplating stopping their SIPs, and some, selling their equity mutual funds. But this may not be the time for profit-booking, say experts. This may be a start of the new leg of the rally upwards which may add to returns on your portfolio.
BUSINESS
Inflation down: But does that mean rates will be cut soon?
Most analysts expect the RBI to maintain the status quo and do not see any change in the policy repo rate this calendar year if inflation is in the central bank’s comfort zone.
BUSINESS
Has the time come for credit risk funds again? Yes, says R Sivakumar of Axis MF
In the post-COVID era, credit has probably emerged as the best-performing segment of debt mutual funds, while most investors have stayed out of it, Sivakumar said
BUSINESS
RBI MPC Meet: Amber signal tells debt fund investors to keep steady on the path; not too fast, not too slow
RBI MPC meet has kept the repo rate unchanged for now but with inflation still on a close watch, experts say there isn’t a clear signal that interest rates will start to fall anytime soon
BUSINESS
MPC: Will RBI's likely status quo give depositors another chance to lock in high interest rates?
The RBI’s monetary policy announcement on June 8 might push back a rate cut to later this year. That’ll be good news for fixed deposit investors.
BUSINESS
Is this the time to invest in auto funds?
Auto, transportation, and logistics are important sectors of the Indian economy. These sectors suffered when lockdowns were announced. However, logistics activity has now surpassed the pre-COVID levels. Analysts are upbeat about the economic activity in this space, especially in the auto sector.
