MFs

Active equity schemes held nearly Rs 1.7 trillion in cash at the end of October

Sebi board meeting today, Sept 30, will be the first meeting since allegations were pressed against Sebi Chairperson Madhabi Puri Buch by Hindenburg Research. Here's what to expect from the meeting

Capital markets regulator Sebi on Friday proposed facilitating investments by mutual funds in overseas funds, which invest certain portion of their assets in Indian securities. This is subject to the fact that the total exposure to Indian securities by such overseas funds should not be more than 20 per cent of their net assets, Sebi said in its consultation paper. The move would help keep Indian fund of funds (FoFs) true to their label, coupled with cost effectiveness, for investors. Considering strong economic growth prospects of India, the country's securities offer an attractive investment opportunity for foreign funds and accordingly, various international indices, exchange traded funds (ETFs), mutual funds (MFs), unit trusts (UTs) allocate a portion of their assets to Indian securities, Sebi noted. As of April 30, 2024, the MSCI Emerging Markets Index has a little over 18 per cent weight to Indian securities. Similarly, JP Morgan's Emerging Markets Opportunities Fund' holds .

The surge in indices came on the back of a robust economy, optimistic forecasts from global brokerages and rating firms on economic growth outlook, and favourable investor sentiment

Update by regulator puts to rest speculations that Jio is looking to enter MF space through acquisition

New norms to curb mis-selling, bring parity on upfront commissions that are already barred in MFs, PMS

Finance Bill 2023 has introduced an amendment that will classify capital gains arising from debt mutual funds as only short-term capital gains.

As of end-February, total MF accounts was 144 million

Bajaj Finance has a retail presence that's unlike any other non-banking finance company

Says MFs using illustrations based on assumptions; disclaimers made in fine print can escape investors

Fisdom among few fintechs to generate revenue through MF distribution

The concerns shared by Sebi are splitting of transactions and churning of investments by distributors, variance in calculation of B-30 incentives among AMCs

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

HCL Technologies, Dr Reddy's Lab and Tech Mahindra were among the top-sells in December

Covers 30 locations across multiple cities including Maharashtra and Gujarat.

The bull run over the past year has fuelled a surge in interest in direct stock investing, especially among the millennials

The inflow pushed the asset base of equity mutual funds (MFs) to Rs 12.8 trillion by September-end, from Rs 11.1 trillion at the end of June

The benchmark indices gained 0.3 per cent in October, while the smallcap indices ended a per cent lower

Regulator has introduced a two-tiered structure for benchmarking of schemes and all the benchmarks followed should be total return index (TRI)

Redemption of units held in demat, issuance of delivery instruction slip to depository participant to debit units for delivery to clearing corporations may continue