Page 2 - Latest Updates on Mutual Fund
Deepak Shenoy's Capitalmind gets in-principle approval for MF foray
Capitalmind joins the likes of Angel One and Unifi Capital in the queue for a final MF licence
 "Deepak Shenoy's Capitalmind gets in-principle approval for MF foray")
NFO deluge opens mutual fund investor floodgates wide in July, shows data
Investor tide swells by 1.2 million, reaching 48.1 million
 "NFO deluge opens mutual fund investor floodgates wide in July, shows data")
Bank of India MF launches Business Cycle Fund: Should you invest?
The fund aims to invest dynamically across sectors and companies by utilising emerging market trends and growth themes to optimise returns
 "Bank of India MF launches Business Cycle Fund: Should you invest?")
Fed's September rate cut unlikely to alter RBI stance: Rajeev Radhakrishnan
Radhakrishnan notes that global central banks' potential policy easing could further bolster demand
 "Fed's September rate cut unlikely to alter RBI stance: Rajeev Radhakrishnan")
Market regulator Sebi plans to launch smaller SIPs, Reit reforms in FY25
Regulator says it faces difficulty in recovering dues worth over Rs 76,000 crore
 "Market regulator Sebi plans to launch smaller SIPs, Reit reforms in FY25")
Budget 2024: PMS firms rethink strategy after increase in STCG tax
Churn in holdings will attract higher tax; no-pass through advantage like MFs, AIFs
 "Budget 2024: PMS firms rethink strategy after increase in STCG tax")
Groww MF launches ETF & FoF based on Nifty EV & New Age Automotive Index
Investment schemes will help investors 'capitalise on future of electric mobility and related technologies', says company
 "Groww MF launches ETF & FoF based on Nifty EV & New Age Automotive Index")
Negative surprise on fiscal deficit unlikely in Budget: Nippon India MF CIO
The current government, right from 2014, has shown an inclination to maintain fiscal discipline, he says
 "Negative surprise on fiscal deficit unlikely in Budget: Nippon India MF CIO")
Quant MF confirms reports of search and seizure ops for the first time
Quant MF claims to have received no further communication from the regulator since the searches were conducted
 "Quant MF confirms reports of search and seizure ops for the first time")
ICICI Prudential MF launches India's first oil & gas ETF: Should you invest
Scheme tracks Nifty Oil & Gas TRI, an index that reflects the performance of companies in the oil and gas sector
 "ICICI Prudential MF launches India's first oil & gas ETF: Should you invest")
ICICI Prudential MF launches Energy Opportunities Fund: Check details
Scheme will invest in equity and equity-related instruments of energy companies
Retail investors using Mutual Fund units as collateral for short-term loans
By opting for a loan instead of redeeming your mutual fund units, you can continue to benefit from potential market appreciation and compound growth.
 "Retail investors using Mutual Fund units as collateral for short-term loans")
Groww files for Nifty EV & New Age Automotive FOF with SEBI
The scheme aims to generate long-term capital growth by investing in securities that are part of the Nifty EV & New Age Automotive Index
 "Groww files for Nifty EV & New Age Automotive FOF with SEBI")
Axis Mutual Fund launches Axis Nifty 500 Index Fund: Check details
The fund will invest in India's largest 500 companies listed on the NSE
 "Axis Mutual Fund launches Axis Nifty 500 Index Fund: Check details")
Should you take a loan against mutual funds? Check details before opting
Loan against mutual funds is a financial solution that allows you to create an overdraft facility against your mutual fund units
 "Should you take a loan against mutual funds? Check details before opting")
As big gets bigger, largecap cutoff surges past Rs 80,000 crore
The cutoff has gone up sharply since the Covid-19 pandemic. During July-December 2019, the largecap cutoff stood at Rs 27,454 crore
 "As big gets bigger, largecap cutoff surges past Rs 80,000 crore")
Are PSU mutual funds a good investment option?
PSU mutual funds can be a good investment option for investors looking to gain exposure to the public sector
 "Are PSU mutual funds a good investment option?")
Mutual fund scheme launches to pick up pace as markets stabilise
In the past fortnight, fund houses have approached Sebi for 20 NFO approvals
Sebi junks rule to freeze demat a/cs, eases MF folio norm for investors
Sebi said that all new investors/unitholders would continue to be required to mandatorily provide the 'choice of nomination' for demat accounts/ mutual fund folios
 "Sebi junks rule to freeze demat a/cs, eases MF folio norm for investors")
Unable to invest in MF due to inoperative PAN?: Here is a good news for you
Sebi earlier required that all mutual fund investors link their PAN with Aadhaar to complete KYC process
 "Unable to invest in MF due to inoperative PAN?: Here is a good news for you")
