Association Of Mutual Funds In India
MF industry seeks relaxation in rules framed to prevent market abuse
Say new system disrupts their ability to execute large deals
 "MF industry seeks relaxation in rules framed to prevent market abuse")
Equity mutual fund inflow marks 10% decline to Rs 34,419 cr in Sep
Equity mutual funds attracted Rs 34,419 crore in September, marking a decline of 10 per cent from the preceding month, on a sharp slump in inflow in thematic funds and large-cap. The latest flow also marks the 43rd consecutive month of net inflows in equity funds, data with the Association of Mutual Funds in India (AMFI) showed on Thursday. Overall, the mutual fund industry witnessed an outflow of Rs 71,114 crore in the month under review after experiencing an outflow of Rs 1.08 lakh crore in August. The huge inflow was due to withdrawal to the tune of Rs 1.14 lakh crore into debt schemes. Despite the outflow, the industry's net assets under management rose to Rs 67 lakh crore last month from Rs 66.7 lakh crore in August-end. As per the data, equity-oriented schemes witnessed an inflow of Rs 34,419 crore in September -- the lowest level since April, when equity schemes saw investments of Rs 18,917 crore. The inflow was way lower than Rs 38,239 crore in August and Rs 37,113 crore
 "Equity mutual fund inflow marks 10% decline to Rs 34,419 cr in Sep")
Jio Payments Bank gets mutual funds distribution licence from Amfi
The move is part of Jio Financial Services' plan to broaden its presence in the financial services industry, including asset and wealth management
 "Jio Payments Bank gets mutual funds distribution licence from Amfi")
Largecap lineup likely to get a new cast: 9 new entrants, 9 exit stage
New script, new benchmark: Curtain to rise on a new act as largecap eligibility cut-off approaches Rs 1 trillion ahead of January review
 "Largecap lineup likely to get a new cast: 9 new entrants, 9 exit stage")
Equity MFs attracted over Rs 37K crore in July despite market volatility
Inflows in first four months of FY25 at Rs 1.3 trn, SIPs stood at record Rs 23,332 cr
 "Equity MFs attracted over Rs 37K crore in July despite market volatility")
Amfi reiterates demand to extend grandfathering of indexation benefits
In the Budget, the government had taken away the indexation benefits from all asset classes, applicable retrospectively
 "Amfi reiterates demand to extend grandfathering of indexation benefits")
Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag
M-cap of 6 of these 7 midcap stocks has topped Rs 1 trillion
 "Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag")
Front-running, insider trading: Amfi rulebook to curb misconduct in a month
Move follows Sebi nod for institutional mechanism to curb front-running and insider trading
 "Front-running, insider trading: Amfi rulebook to curb misconduct in a month")
Mutual fund assets increase 34% during FY24, the highest in 7 years
Q4 average AUM surges to Rs 54 trillion on back of strong inflows, market rally
 "Mutual fund assets increase 34% during FY24, the highest in 7 years")
Decoded: MFs that will be most impacted by Sebi directive on small, mid-cap segments
According to an analysis by Fisdom, schemes like HDFC Small Cap, Axis Small Cap Fund, HSBBC Small Cap Fund, DSP Small Cap fund and Franklin India Smaller Cos Fund carry a relatively higher risk
 "Decoded: MFs that will be most impacted by Sebi directive on small, mid-cap segments")
One-year ascent: Mutual funds go from Rs 40 trillion to Rs 53 trillion
Mark-to-market gains vs inflows: It's a 70-30
 "One-year ascent: Mutual funds go from Rs 40 trillion to Rs 53 trillion")
Amfi announces appointment of Venkat Nageswar Chalasani as new CE
Prior to this role, Chalasani served as the Deputy Managing Director (DMD) at the State Bank of India (SBI), where he spent almost four decades
 "Amfi announces appointment of Venkat Nageswar Chalasani as new CE")
Equity mutual fund inflows moderate on smallcap, midcap redemptions
Net inflows stood at Rs 14,090 crore on strong SIP flows in September
 "Equity mutual fund inflows moderate on smallcap, midcap redemptions")
Capitalise on the industry insight by investing in its sector fund
Choosing such a fund based on recent returns can, however, jeopardise portfolio performance
 "Capitalise on the industry insight by investing in its sector fund")
Skin in the game: MFs have bet over Rs 80,000 cr on their own schemes
Most of the money goes to debt schemes, but equity allocations are rising
 "Skin in the game: MFs have bet over Rs 80,000 cr on their own schemes")
Equity AUM touch Rs 20 trillion, Nippon India best performing fund in July
Among the Top 10 funds, the highest MoM rise was seen in Nippon India Mutual Fund (+6.5%) followed by ICICI Prudential Mutual Fund (+6.4%), HDFC Mutual Fund (+6.3%), DSP Mutual Fund (+5.1%)
 "Equity AUM touch Rs 20 trillion, Nippon India best performing fund in July")
Large-cap MFs, Index Funds to attract flows as markets pick pace: Analysts
Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) to Rs 25,400 crore in April
 "Large-cap MFs, Index Funds to attract flows as markets pick pace: Analysts")
Budget 2023: MFs seek LTCG exemption for longer-term equity investments
Industry says exemption for those staying invested for over three years will help channelise flows into financial assets
 "Budget 2023: MFs seek LTCG exemption for longer-term equity investments")
AMCs to be penalised for delay in dividend, redemption payments: Sebi
Any delay in dividend payment beyond seven working days to attract interest charge at 15% a year; investors to get redemption money within three working days, from 10 earlier
 "AMCs to be penalised for delay in dividend, redemption payments: Sebi")
Passive funds: Select ones with low tracking error, say experts
In case of an ETF, prefer those that also have large trading volume and AUM
 "Passive funds: Select ones with low tracking error, say experts")
