Dynamic asset-allocation funds factor in market valuations before investing in various assets.
Strong inflows have pushed the asset base of equity MFs by 38 percent to Rs 7.5 lakh crore during the period under review, the data showed.
The scheme will be classified as an open-ended scheme mirroring the performance of gold
The revisions comes in the wake of Securities and Exchange Board of India's new regulations that require fund houses to harmonise all existing and future schemes into five broad categories and 36 sub-categories for ease in investing
The features of four schemes - Tata Medium Term Fund, Tata Long Term Debt Fund, Tata Ultra Short Term Fund and Tata Corporate Bond Fund will be changed, with effect from May 3
With sector funds, the timing of the investment and the health of the concerned sector is very crucial.
The overall industry assets under management stood at Rs 21.36 trillion, the March data showed
Here's a look through the background, investing strategy, challenges while moving from research to fund management, role models and hobbies of the senior fund manager.
This is the first offering from Essel Mutual Fund after it acquired Peerless Mutual Fund in November, last year
Softbank-backed Paytm is planning to enter India’s Rs 22 trillion mutual funds industry with the launch of its digital platform by April-end
Moreover, fund houses may see robust growth in AUM (asset under management) in the current financial year too, as the penetration levels of mutual funds are still very low in the country.
The rise is seen on the back of the increased distribution strength and reach, according to A Balasubramanian, Chairman, AMFI
The industry had launched the first leg of its very ambitious investor awareness campaign, 'mutual fund sahi hai' (mutual funds are right) for investors in March 2017.
Balanced Funds have an overall equity spread of almost 65% either in the large, mid or small cap stocks.
Speaking on the economy, Vetri Subramaniam highlighted that there has not been much strength in capex cycle, while capacity utilization has also not risen dramatically. Therefore, capex itself is at a weak ebb, he said.
DHFL Pramerica Mutual Fund has been witnessing inflows in its large cap fund, balanced fund and equity linked savings scheme.
Paharia will be responsible for overseeing the entire investment function
The close-ended diversified equity scheme with a tenure of 3.5 years was open for subscription from Feb 21-March 7
The enhanced capital gain/loss statement will allow investors to view their consolidated capital gains/losses across all mutual funds that are serviced by CAMS
According to market grapevine, Sharma may oversee Reliance Banking Fund along with other funds.
Financial management is not just about how much money you make, it is also about how much you save, how hard you make it work for you and how many future generations you keep it going for. Mutual Fund Day – Family Financial Plan Series chronicles different financial planning case studies of individuals with unique financial background selected from different parts of India.
The revision will be applicable on switch-out or withdrawal of systematic withdrawal plan
UTI Nifty Exchange Traded Fund and UTI Nifty Next 50 Exchange Traded will be categorised as open-ended schemes tracking the Nifty 50 index
IDFC Arbitrage Fund will benchmark its performance against the Nifty 50 Arbitrage Index
Along with earlier asset allocation, the scheme will also have provision to invest up to invest up to 10 percent in units issued by real estate and infrastructure investment trusts