Morningstar

This week we tell you about the changes in health insurance subscription and the health benefits of pricey fruits

Sustainable or ESG (environmental, social, and governance) funds in the country witnessed an outflow of Rs 520 crore in the April-June quarter of this fiscal, according to a report by Morningstar. This was higher than a withdrawal of Rs 470 crore seen from such funds in the preceding quarter. "While initial fund launches have attracted significant interest and flows, we have yet to witness continued flows for sustainable funds after their initial fund launch period. This has resulted in the lack of a discernible trend on a quarterly basis," the report noted. Continuing the trend of outflow, the year-to-date 2023 withdrawal was at Rs 1,060 crore as compared to Rs 1,020 crore in the preceding year. This is in contrast to the infusion of Rs 1.83 lakh crore for the year to date in the overall fund market. The report revealed that the coronavirus pandemic led to a marked increase in investor interest and fund launches for sustainable funds globally. "While the Indian sustainable fund .

The feature called 'digiportfolio' uses tech and human expertise to customise investment options for different investors

Indian investors doing right by holding on during corrections, says Kunal Kapoor

Several hundred people among its 1,000-strong workforce in the southern technology hub have been affected, the Chicago-based financial services company said on Wednesday

The value of foreign portfolio investors' (FPI) holdings in domestic equities reached $612 billion in the March quarter, down 6 per cent from the preceding quarter, according to a Morningstar report.

Mutual funds focused on investing in fixed-income securities saw an outflow of Rs 1.2 crore in the March 2022 quarter on massive withdrawal from segments, said a report by Morningstar India

This was way higher than the net outflows of USD 95 million registered during the quarter ended September 2021

The mutual fund industry of India and the US received "top" grade for robust disclosure practices in areas such as fees and transparency of fund holdings

According to Morningstar biannual Global Investor Experience report on disclosure, India, along with the US, received "top" grades due to their robust disclosure practices

The firm believes that investors are relying on the benefits of future growth opportunities to stoke returns, which may not be good investor behaviour

The equity schemes had combined asset base of over Rs 33,000 crore

International funds delivered 6.8% returns in one year, against large drawdowns in domestic funds

Research firm says important to re-visit ratings for portfolio liquidity, redemption pressures

Morningstar says fund governance strong positive, bundled fee structure can be reviewed

Caps on variable pay, staggered bonus payouts among likely steps to rein in risky moves by fund managers

Manage Rs 3.59 trillion or 13% of MF industry assets, yet remain under-represented in the industry, constituting only 8% of the country's fund manager population

Wacher says the investment manager is underweight on India

The Morningstar's biennial study noted that the cost of investing in debt (fixed-income) funds was much cheaper than equity funds

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