Page 4 - Latest Updates on Mutual Fund
Equity euphoria boosts mutual fund investor additions by 70% in FY24
Unique investor tally surges to 44.5 million as 6.8 million new investors come onboard
 "Equity euphoria boosts mutual fund investor additions by 70% in FY24")
Betting big: Mutual funds own larger slice of small and midcap stocks
Average MF ownership in Nifty Smallcap 250 stocks rose to 9% in Dec 2023 from 7.7% a yr ago
 "Betting big: Mutual funds own larger slice of small and midcap stocks")
Investment platform Smallcase to offer 'basket investment' of mutual funds
The company plans to launch the MF vertical by June, said Vasanth Kamath, Founder and CEO of Smallcase
 "Investment platform Smallcase to offer 'basket investment' of mutual funds")
Canara Bank to sell a 13% stake in Canara Robeco AMC through IPO
However, the stake sale is subject to regulatory approvals from the Reserve Bank of India and Department of Financial Services, Ministry of Finance, Govt. of India
 "Canara Bank to sell a 13% stake in Canara Robeco AMC through IPO")
48% active largecap mutual funds outperformed in 2023: SPIVA report
The equity-linked savings scheme (ELSS) were the best performers among all the categories as 70 per cent of the schemes managed to outperform the S&P BSE 200, the study shows
 "48% active largecap mutual funds outperformed in 2023: SPIVA report")
Zerodha Fund House AUM soars by Rs 500 cr in 40 days, hits Rs 1,000 cr mark
The first Rs 500 crore in AUM was added in over three months and the increase from Rs 500 crore to Rs 1,000 crore took just 40 days
 "Zerodha Fund House AUM soars by Rs 500 cr in 40 days, hits Rs 1,000 cr mark")
Nippon Mutual Fund releases small, midcap fund stress-test report
The top 10 investors in the smallcap and midcap schemes have an aggregate holding of 1.54 per cent and 0.91 per cent, respectively
 "Nippon Mutual Fund releases small, midcap fund stress-test report")
India's valuation premium justified, can sustain if not expand: Rahul Singh
Singh mentions that the only headwind for the market could emerge on the rural demand front
 "India's valuation premium justified, can sustain if not expand: Rahul Singh")
Sebi asks MFs to shield smallcap investor interest amid spike in volatility
Fund houses asked to consider placing caps on investment, prevent first mover advantage
Edelweiss Aggressive Hybrid Fund: Trailblazer in performance, asset growth
The fund aims to provide capital growth and current income through a portfolio invested predominantly in equities, with a balance in debt and money market securities
 "Edelweiss Aggressive Hybrid Fund: Trailblazer in performance, asset growth")
Mutual funds make a dash for hybrid funds before financial year ends
PPFAS, Quantum, Mahindra Manulife among those to launch new products
LIC MF chalks out growth path, aims for Rs 1 trillion AUM by 2026
With new CEO at helm, fund house to focus on performance, distribution reach
 "LIC MF chalks out growth path, aims for Rs 1 trillion AUM by 2026")
Sebi bats for higher flexibility in mutual funds, direct equity nominations
Proposes to give greater control to investors in terms of changes, additional inputs
 "Sebi bats for higher flexibility in mutual funds, direct equity nominations")
Mutual fund exposure to corporate bonds nearly flat in five years
Fund managers' preference for sovereign bonds in the recent past has also impacted MFs' corporate bond investments
 "Mutual fund exposure to corporate bonds nearly flat in five years")
Upbeat on debt market amid rate cut hopes, index inclusion: Mihir Vora
Vora says investors should look at longer duration to benefit from the decline in interest rates
 "Upbeat on debt market amid rate cut hopes, index inclusion: Mihir Vora")
Where to invest money in India? Top 5 investment options in 2024
Are you planning to invest in 2024 to protect yourself when the world is facing a recession? If yes, here are the top 5 investment options in 2024
 "Where to invest money in India? Top 5 investment options in 2024")
Equity euphoria triggered 15 million SIP additions last year, shows data
Elevated MF returns, preference for SIPs led to net additions of 15 mn accounts
 "Equity euphoria triggered 15 million SIP additions last year, shows data")
Amid bull run, mutual fund assets soared 22% in December quarter
Data from the Association of Mutual Funds in India shows that the industry's average AUM for Q4CY23 was Rs 49.2 trillion, up from Rs 40.3 trillion in the same period of CY22
 "Amid bull run, mutual fund assets soared 22% in December quarter")
Better risk-reward, FPI flows augur well for LargeCap MFs in 2024: Analysts
Valuation is comfortable for large-caps, but there is little margin of safety in the broader market categories, analysts said
Year ender 2023: 10 important regulatory changes that took place in India
2023 was a busy year for regulators like the Reserve Bank of India and the Securities and Exchange Board of India. Here are the 10 key changes on the regulatory front
 "Year ender 2023: 10 important regulatory changes that took place in India")
