Indian Mutual Fund Industry

The industry saw its net equity flows come down from Rs 41,886 crores in October to Rs 35,943 crores last month, a 14% fall.

Markets regulator Sebi has asked the mutual fund industry to proactively conduct stress tests, a key component of risk management for the financial sector, which will help strengthen the ecosystem, its whole-time member Ananth Narayan Gopalakrishnan said on Friday. The regulator's stress testing emphasizes the need to assess and manage liquidity risks, especially in small and midcap equity schemes. Speaking at a mutual fund event, Gopalakrishnan highlighted the importance of modelling stress scenarios not just for individual schemes or fund houses but for the entire mutual fund ecosystem. "It is also important to model stress scenarios for the entire composite mutual fund ecosystem. I would strongly encourage the industry and AMFI to take the lead and proactively conduct objective and credible industry wide stress tests. themselves," Gopalakrishnan said. He also emphasized the need to find better ways to communicate the risks associated with different mutual fund schemes. The Sebi

Badshah says that the hike in capital gains taxation is an adverse development, but given the high growth trajectory of domestic equities, it shouldn't be a major worry

Proposal follows removal of indexation benefits from debt funds in the Budget 2023

Sebi's investigation stems from red flags raised by their surveillance system. These flags indicated a potential pattern where trades by certain entities closely mirrored those of Quant Mutual Fund

Valuations are high in companies in defense, railways, engineering, new energy, and the power sectors, Parekh of DSP Mutual Fund said in an exclusive interview

Over two-thirds of active largecap schemes outperform Nifty 100 TRI

Indian economy grew 8.4% in the October-December quarter, marking its fastest pace in one-and-a-half years, led by robust manufacturing and construction activity

Industry will reach Rs 100 trillion by 2030, said top executives at Business Standard BFSI Insight Summit 2023

Investors are looking at India to diversify their emerging markets portfolio amid worries about economic growth in China and Sino-US tensions, analysts said

As per the fund house, the scheme will go by the 'buy and hold' strategy and will look to invest in companies that have low debt and high capital efficiency

Equity AUM for domestic MFs (including ELSS and index funds) decreased 1.4% MoM to Rs 20.7 trillion Oct'23, led by a fall in market indices (Nifty down 2.8% MoM).

Kamath said that he has 'no sympathies' for organisations complaining of not having enough people in a country like India

We can derive comfort from the fact that the real rates, across economies, are now mostly positive: Tripathi

Growth expectations of incumbent AMC players may get trimmed in the medium-to-long term, analysts said, once the Jio-BlackRock JV unveils its plans

Industry growth at 6.4% highest in seven quarters

Proposal being reviewed by a working group formed by Sebi

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

They have an important role in improving corporate governance and deepening the corporate bond market

Some see potential in the newly introduced passive option, other see promise in active ELSS