The use of TREPS is becoming increasingly widespread as a means to hold cash positions. As per PrimeMFDatabase, 89.71 percent of equity schemes had exposure to cash equivalents like TREPS, CBLO (Collateralized Borrowing and Lending Obligation), or reverse repos in July. In just two months, 18 additional equity schemes have begun using these instruments to manage cash positions.
Equity mutual funds have been part of this journey and rewarded the long-term investor. Moneycontrol looks at the performance of the equity-oriented schemes with large corpus. Most of these schemes are the best-performers ones in their respective categories
From poor performance to better buys elsewhere, five mutual fund schemes move out of MC30 to give space to five new ones. But just because your scheme moves out of MC30, doesn’t mean you must always sell it. Fresh inflows can stop, though
Most people may not abandon debt funds and that could turn into a long-term asset base, but creating new assets in the debt segment may be a challenge, says Vikas Khemani, founder of Carnelian Asset Advisors
Equity-Linked Saving Schemes (ELSS) or tax-saving equity funds are the only pure equity instrument in the basket of instruments eligible for Section 80C tax deduction benefits
The total return variant captures the value of dividends paid out by companies, while the price return variant captures capital gains of firms in an index.
Leading stock exchange BSE today extended the cut off time for acceptance of subscription transaction for liquid funds as well as debt and equity schemes valuing at least Rs 2 lakh by half an hour on its mutual fund platform.
Equity mutual funds witnessed an inflow of Rs 6,505 crore in August, making it the highest in a year, mainly on account of optimistic investor sentiment.
The country's 44 fund houses together had an average assets under management (AUM) of Rs 11.06 lakh crore at the end of December 2014, compared to Rs 13.39 lakh crore registered in December-end last year, as per latest data available with Association of Mutual Funds in India (AMFI).
The country's 44 fund houses together had an average assets under management (AUM) of over Rs 11.87 lakh crore in September, the latest data of the Association of Mutual Funds in India (AMFI) showed.
The country's 44 fund houses together saw a growth of around 10 percent in their asset base at Rs 11,86,364 crore at the end of April 2015The country's 44 fund houses together saw a growth of around 10 percent in their asset base at Rs 11,86,364 crore at the end of April 2015 according to data released by the Association of Mutual Funds in India.
It was the 12th consecutive month when equity mutual funds witnessed an inflow. Moreover, mutual fund houses are expected to be upbeat about inflow into equity schemes for the remaining part of the current fiscal, ending March 31.
A Balasubramanian, CEO, Birla Sun Life Asset Management says, in an interview to CNBC-TV18, says that he is bullish on private sector banks and advises investors to cherry-pick midcaps