Asset Management Companies

Stock brokers and AMCs are seeking tax relief for their customers through the lowering of Securities Transaction Tax (STT), Long-Term Capital Gains (LTCG) tax, and Short-Term Capital Gains (STCG) tax.

Sebi proposes easier "skin-in-the-game" norms for designated employees of AMCs

AMCs are required to invest 20 percent of a designated employee's remuneration, including the non-cash compensation, in schemes over which they have oversight; a consultation paper has suggested revisions to it

Sebi issues consultation paper on role, obligations of mutual fund trustees

Among others, Sebi has proposed enhancing the accountability of the board of an AMC by way of amendments to mutual fund regulations to make the board of AMC responsible for compliance with the regulations.

A Balasubramanian re-elected as chairman of mutual fund industry body AMFI

A Balasubramanian would also be the ex-officio chairman of Amfi’s financial literacy committee and Gupta would be the chief of committee on operations, compliance and risk.

AMCs prepare to launch new mutual fund schemes from next month as Sebi restriction nears end

Moreover, asset management companies (AMCs) have a line-up of passive funds on the fixed income and equity side as well as selective launches in certain categories to fill product gaps.

Amid steep surge in equity markets, Mutual funds add over 3 crore folios in FY22

According to the data, the number of folios with 43 fund houses rose to 12.95 crore in March 2022 from 9.78 crore in March 2021, which registered a profit of 3.17 crore during the one-year period.

Ideas For Profit | Why are AMC stocks trading weak despite record inflows in equity mutual funds?

While FY22 turned out to be a spectacular year for the MF industry in terms of equity inflows and growth, most listed asset management companies have underperformed the benchmark in the past year. Here's why the companies are underperforming.

Sebi comes out with guidelines for investment, trading by AMCs' employees

The employees, board members of AMCs and board members of trustees, including access persons, will not take undue advantage of any sensitive information that they may have about any company or its securities or about AMCs' schemes or its units.

SEBI allows instant access facility in overnight schemes of mutual funds

SEBI also announced that, from December 1, 2021, unclaimed redemption and dividend amounts would be permitted for investment in a separate plan of only overnight scheme.

Sebi tweaks rules for accredited investors, independent directors and whistleblowers: Key takeaways

The regulatory amendments issued by Sebi also cover asset management companies, audit committees, real estate investment trusts (REITs) and infrastructure investment trusts (InvITs).

Buy Or Sell | Valuations of HDFC AMC will not sustain: Time to sell?

Asset management companies are a good space to sell.

Aadhaar to be compulsory for AMCs' clients from January, says BSE

The instruction has been issued after the government amended, in June, the Prevention of Money Laundering (Maintenance of Records) Rules with regard to collection of Aadhaar number from clients.

Sebi board to take up a clutch of reforms proposals on Saturday

The meeting is in focus as the SEBI board is expected to discuss ongoing investigations into possible violations of securities laws in Tata Sons, United Spirits and Ricoh India.

BSE to levy transaction fee on AMCs using its MF platform

However, the exchange said transaction charges will not be applicable on individuals, mutual fund intermediaries (MFIs), mutual fund distributors (MFDs) and Registered Investment Advisors (RIAs).

Sebi extends stock exchange infra to investment advisors

Markets regulator Sebi today allowed investment advisors to use the infrastructure of the stock exchanges for sale and purchase of mutual fund units, a move that will broaden the reach of the platform.

India will give better returns on investments: Jaitley

Acknowledging that stalled projects have impacted the balance sheets of private sector companies, Jaitley said the proposed national investment and infrastructure fund would be a "great enabler" to attract investment as well as help repair the balance sheets of affected firms.

AMFI mulls proposal to scrap upfront MF commissions

The matter at the centre of discussion is payment of upfront commissions, which have been very high in some cases in recent times amid a surge in capital markets, by mutual funds to distributors for selling their schemes.

MF industry's asset base grows by Rs 1 lakh crore in 2013

MF industry's assets under management hit a record high of Rs 9.58 lakh crore in August 2013 and have remained near Rs 9 lakh crore as the year draws to a close.

Mutual-fund AMCs can get membership for debt segment: Sebi

Enabling mutual funds to directly trade on the debt platforms of the bourses, Sebi (Securities and Exchange Board of India) has permitted asset management companies appointed by the fund houses to take membership of the stock exchanges.

Sebi chief UK Sinha warns non-performing MF players

Sebi chief Upendra Kumar Sinha lashed out at non-performing mutual fund players and said that the underperforming AMCs will need a rethink if the composition of AUMs did not change over the course of time.

Crisil's view on Mutual fund industry

Crisil in its monthly report analyses the Mutual Fund industry in the current market

5 easy steps to select a diversified equity mutual fund

The plethora of mutual fund schemes available in the market today has made the investors all the more confuse on which fund to select for investing? To make things easy, PersonalFN provides a 5-step strategy which will help investor to select a diversified equity mutual fund for portfolio.

Know the history, structure, and advantages of Mutual Funds

It been quite a while since mutual funds have come in to existence but there are still investors who are not every clear on the Mutual fund concept. Read this space to know the ABC of Mutual fund, how it came in to existence, and what is the structure that we follow in India.

Why you should adopt the SIP route for your MF investments?

In an attempt to increase AUM, most of the Mutual Fund houses entice investors to invest via SIP route. Hence it is always advisable to do your study first before investing your hard earned money. Read this space to know how you can use SIP mode optimally and work it out the same in your favour for long term.

'MFs issuing consolidated accounts statements to investors'

The capital market regulator had directed the asset management companies to ensure that consolidated account statements for each month is issued to the investors who have undertaken any transaction in their accounts during that month.