MF assets declined to Rs 22.8 lakh crore in December 2018 from Rs 23.4 lakh core in Nov 2018 on the back of moderation in the flows in equity funds and outflows from liquid funds.
First-time investors are having a rough ride in mutual fund SIPs, many are yet to see profits
Prices of long term bonds are more susceptible to the changes in bond yields, compared to bonds maturing in near term.
Equity folios halved too from 10.6 lakh folios in October to 4.91 lakh folios in December. Equity funds include pure equity, ELSS and balanced funds.
Crude price and fiscal stance in an election year will be key risks in 2019. NBFC slowdown and weak global growth are other worrisome factors.
The sharp fall in net equity mutual fund inflows in December 2018 is a cause of worry
In the last quarter ending September 2018, HDFC Mutual Fund had stood at the second spot behind ICICI MF with quarterly average assets of Rs 3.06 lakh crore
Manish Gunwani, CIO-Equity at Reliance MF, the market is positioned well in terms of valuation and macros.
The debt CPSE ETF could be either open-ended or closed-end ETF. Exact details will be known soon
The chosen AMC will have to launch and manage the debt fund, in collaboration with the government and an external advisor
The recent IIFL Wealth-Wealth X report says that HNIs reckon the best place to book returns right now is investment funds, followed by equities and fixed income
The IT sector has been riding on good earnings show by the IT giants in India. The depreciating rupee in the last few months boosted the fortunes of technology sector
Touted as a tax-friendly option to a mutual fund monthly income scheme, equity savings funds have given volatile returns. And high expense ratios haven't helped either
Flows remained strong through the year: in November 2018, close to Rs 8,000 crore came into MFs through systematic investment plans (SIP)
A consolidated mutual fund statement is easy to get that tells you how your investments have done.
After giving the green signal to side-pocketing, SEBI has given the option to fund houses to segregate bad assets. But there are strict conditions to prevent misuse.
There are only a handful of stocks where both mutual funds (MFs) and foreign institutional investors (FIIs) bought into in 2018
The outflow razed the assets under management of gold funds to Rs 4,385 crore at the end of November
The asset under management (AUM) of the industry rose by 13 per cent to Rs 24 lakh crore in 2018 by November-end itself, up from Rs 21.26 lakh crore at the end of December 2017, data available with the Association of Mutual Funds in India (Amfi) showed.
The AUM of the mutual fund industry currently stands at Rs 24 lakh crore.
With this, the total inflow in equities has reached over Rs 82,200 crore during the current financial year so far (April-November), according to data from the Association of Mutual Funds in India (Amfi).
Of the total financial savings and assets in the country, the share of MFs has increased in the last three years to 14% in March this year from 10% in 2016
Two sources in the know of the development, including a senior executive, confirmed to Moneycontrol that IDFC Ltd has shelved its plans to sell the asset management company.
The transaction will make DPAM a wholly-owned business of PGIM, the global asset management business of Prudential Financial.
There was a need to review valuation norms in order to ensure interest of incoming, outgoing and existing investor is protected.