Equity Mutual Fund Schemes

Mutual funds can now actively participate in the CDS market, buying and selling these financial instruments.

Inflow in equity mutual funds declined 9 per cent month-on-month to Rs 37,113 crore in July owing to the drop in fund infusion in large-cap, small- and mid-cap categories. Despite the dip, the quantum of net inflows witnessed in July was the second highest flows ever received in a month. Also, this was second only to the flows of Rs 40,608 crore received in June. The latest flow also marks the 41st consecutive month of net inflows in equity funds, data with the Association of Mutual Funds in India (AMFI) showed on Friday Moreover, monthly contributions from Systematic Investment Plan (SIP) rose to an all-time high of Rs 23,332 crore in July as against Rs 21,262 crore in the preceding month. This reflects the growing financial discipline among retail investors, helping them build wealth systematically over time, Venkat Chalasani, Chief Executive, AMFI, said. Overall, the mutual fund industry has witnessed an inflow of Rs 1.9 lakh crore in the month under review as compared to an ..

Plans to differentiate equity offerings by focusing on long-term value of stocks

Overall, the mutual fund industry witnessed an inflow of Rs 1.2 lakh crore in February, almost similar to the one seen in the preceding month

Defensives attract attention in CY23; the BFSI pack contracts

The open-ended equity scheme has been benchmarked against the Nifty India Manufacturing TRI and will open on December 1, 2023

ICICI Prudential secured an inflow of Rs 15,156 crores, emerging with the highest net flows in open-end funds and ETFs for Q2 FY24, followed closely by Kotak at Rs 7,871 crores.

Key additions were Hindustan Unilever, Nestle India, Adani Power, Zomato and Tata Consumer Products. Key reductions were ITC, Bharti Airtel, State Bank of India, Maruti Suzuki and Axis Bank

The number of demat accounts rose to 12.7 crore in August 2023, a surge of 26 per cent on a yearly basis, primarily due to attractive returns from equity markets, and ease of account opening process. Also, the incremental additions of such accounts were higher in August in comparison to the preceding month. Further, this was way higher than the average 21 lakh monthly additions in fiscal year FY23, according to an analysis by Motilal Oswal Financial Services. The new account additions rose 4.1 per cent month-on-month to 31 lakh in August compared to 30 lakh additions in July. Going by the data, a total of 12.7 crore demat accounts were registered with the two depositories -- NSDL and CDSL-- at the end of August 2023 as compared to 10.1 crore a year earlier. The number of demat accounts was 12.3 crore at July-end. Of the 12.7 crore total, 3.3 crore, and 9.35 crore demat accounts were registered with NSDL and CDSL, respectively at the end of August, data from the Securities and ..

Investors typically park their short-term money in arbitrage funds because they are tax-friendly and can deliver better post-tax returns than some debt funds.

Among the equity asset class, the sectoral/thematic funds saw the highest inflows to the tune of Rs 4,805.8 crore during the month.

Eicher Motors, Hindustan Zinc, Havells India, Mankind Pharma, and Varun Beverages were the most sold in the large cap space.

With regards to disclosure requirements for ESG schemes, Sebi said mutual funds will have to clearly disclose the name of the ESG strategy in the name of the concerned ESG fund.

Among large cap stocks, Adani Green, Adani Transmission, Adani Energy, Coal India, JSW Steel, Bajaj Auto, LIC were among the top ten purchases

Tax harvesting is utilising the tax-free window of Rs 1 lakh to reduce overall long term capital gains tax

Overall, inflows have declined significantly in the last two months as the market rise led to investors putting in lower amount

Women account for only 10 per cent of the total fund managers in the mutual fund industry despite a gradual increase in their numbers witnessed in the last few years, a report said on Tuesday. The Morningstar Investment Adviser India's annual report on women fund managers in the asset-management industry said the total count of women fund managers has increased from 32 last year to 42 now. Interestingly, the total number of fund managers also saw a healthy increase this year to 428 from 399 last year. "When it comes to gender diversity, the latest findings of our report show that of the 428 fund managers, 42 are women who are managing funds either as primary or secondary managers," said the Morningstar report released ahead of International Women's Day on May 8. With a meagre 9.81 per cent representation, women still remain drastically under-represented among the ranks of mutual fund managers, Morningstar said. According to the report, there were only 18 women fund managers in 201

The figure is 18% below monthly average for the year; However, sustained inflows into SIPs endured for 16th straight month

This was much higher than a net inflow of Rs 5,988 crore seen in June

Most funds in FoF space chasing unique themes