Move will help more millennials come into MF fold; asset management companies also welcome surcharge rationalisation
On Friday, market regulator had, through Amfi advised stopping of subscriptions in such schemes to avoid breach of overall cap of $7 bn for investment in overseas securities
Most players are trying to establish a certain niche to gain a foothold into the Rs 38-trillion MF industry which has around 45 AMCs
It's profit-taking, say fund managers; increase holding in Paytm in December
Shorter-duration ones will see lower mark-to-market impact
As part of amending the mutual fund regulations, the watchdog will make it mandatory for the funds to follow Indian Accounting Standards (Ind AS) from 2023-24 financial year onwards
Highest in 10 years, with 13 of 70 equity schemes cornering 75% of amount raised
Samir Rachh outperforms peers despite fund's size constraints
The AIF segment has grown more than 8x in past five years
Prices of fixed-income securities have an inverse relation with interest rates. When the latter decline, prices of fixed income securities increase and vice versa
Participants in mutual funds say corrections gave some opportunities to enter at lower levels. In November, S&P BSE Sensex lost 3.8%, while S&P BSE Midcap shed 2.33%
The fund house has also doubled its customer folios during the first six months of the current fiscal
Transparency, low cost and the variety of investment options offered drive investor preference, says a section of top MF honchos
The keynote speaker for the evening will be Usha Thorat, chairperson of the Mutual Fund Advisory Committee and former RBI deputy governor
Regulator has introduced a two-tiered structure for benchmarking of schemes and all the benchmarks followed should be total return index (TRI)
Currently, top 1,000 listed firms are required to furnish a 'business responsibility and sustainability report' to the bourses, which has disclosures about ESG initiatives taken
While the MF industry has grown manifold over the past decade, the number of players have shrunk, says the CEO of the investment management firm in a Q&A
Equity inflows stood at Rs 8,677 cr; Debt segment saw outflows of Rs 63,910 cr
Sebi has also replaced the nomenclature 'key employees' - used in the original circular - with 'designated employees'
During past two months, fund house has filed 14 schemes, all passive. In August, it had filed seven offer documents with Sebi in a single day