Mutual Funds Industry

Say new system disrupts their ability to execute large deals

Mkt players aim to stoke flames of direct listing in financial hub

Retail flows from Japan to India turn negative on a four-week basis

The top 30 cities with the highest MF investments are referred to as T-30, while the rest of the country falls under the B-30 classification

Tidal shift: Anchoring strong in choppy seas, BAFs draw Rs 2,456 crore amid equity ebb

Open to joint venture or inorganic acquisition of mutual fund unit

Both largecap, flexicap funds saw all-time-high inflows last month

The previous high of Rs 40,608 crore was recorded in June 2024

The AUM has doubled in the past three years and is currently around Rs 67 trillion

Previously, record high DII flows for a calendar year were in 2022 when they had pumped in Rs 2.8 trillion, of which Rs 1.86 trillion came from MFs

New applications serve as launchpad for diversifying business and expanding capital market reach

In a show of strength, DIIs have made their three largest single-day purchases in October, injecting liquidity into the market amidst FPIs' exodus

Board meeting on Sep 30, first since conflict of interest allegations against chairperson

The returns may be similar, but there is nothing better than bank FDs when it comes to safety - the principal is safe, at least in scheduled commercial banks, given how Indian banks are regulated

In the past three years, the fund has maintained a predominant allocation to non-convertible debentures (NCDs) and bonds of financial institutions

Focused mutual funds, which invest in a concentrated portfolio of stocks, are gaining traction among investors with the asset base of the category growing to Rs 1.43 lakh crore in three months ended June 2024, marking an increase of 31 per cent from a year ago. Interestingly, some of the focused funds offered by the mutual fund houses such as Invesco India Focused Fund, Mahindra Manulife Focused Fund, JM Focused Fund and HDFC Focused 30 Fund delivered a remarkable return of 40-60 per cent in the past year, industry data showed. Focused funds are a type of mutual fund where the fund manager selects a concentrated portfolio of stocks, typically limited to a maximum of 30 due to regulatory constraints. This requires the fund manager to be highly skilled in stock selection, as they need to identify the best investment opportunities across the market without bias toward any specific market cap or sector. According to data with the Association of Mutual Funds in India (Amfi), the assets

Currently, there is no structured product available to those who have a negative outlook. This drives them to derivatives, where only one out of 10 investors makes profits

'Easier concentration norms, higher leverage, and approval for securities currently outside MF scope'

The company gained significant traction in new contract sign ups in the fast-growing business lines of global fund services, alternatives and wealth, fund administration, and technology solutions.

Sebi move aimed at filling product gap, curbing inflow into unauthorised investment schemes