Mf Industry

Mutual fund investor base to break 50 million barrier in September

The next big stop: 100 million investors as equity euphoria persists

Mutual funds take to factor-based investing; bridging active, passive gap

Use parameters such as momentum, company size, and volatility to construct portfolios

Mkt regulator Sebi notifies mutual fund norms to prevent market abuse

Fund houses to put in place whistle-blower policy, top management to shoulder more responsibilities

Recency bias, global cues underpin elevated valuations: Sailesh Raj Bhan

Bhan highlights that quick-service restaurants (QSRs), large banks, select utilities, and commodity businesses are a few market segments that are still sensibly valued

Investment platform Smallcase to offer 'basket investment' of mutual funds

The company plans to launch the MF vertical by June, said Vasanth Kamath, Founder and CEO of Smallcase

'Single manager for commodity, overseas funds to cut costs for MFs'

Markets regulator Sebi's proposal of allowing mutual fund houses to have a single fund manager to oversee commodity and foreign investments is aimed at reducing the cost of managing the fund, a top official of Anand Rathi Wealth said on Tuesday. Sebi, on Friday, came out with a consultation paper proposing measures to support ease of doing business for Mutual Funds (MFs). In the draft paper, the regulator suggested appointing a single fund manager for domestic and overseas/commodity funds, relaxation of nomination requirement for joint holders and streamlining of prudential norms for passive schemes with respect to exposure to a single issuer within the AMC's group companies. This came after the Finance Minister in the FY24 Budget made an announcement to simplify, ease and reduce cost of compliance for participants in the financial sector through a consultative approach. "The appointment of a single fund manager for domestic and overseas/commodity funds is intended to reduce the co

MF industry assets surge by Rs 11 trn in 2023; crosses Rs 50 trn mark

After a lackluster performance in 2022, the mutual fund industry saw a substantial rebound in 2023 with its asset base surging by nearly Rs 11 lakh crore, reaching over Rs 50 lakh crore-mark fuelled by an optimistic equity market, steady interest rates, and a robust economic expansion. The year 2023 has seen a substantial increase in overall inflow, data from the Association of Mutual Fund Industry (Amfi) showed on Monday. The inflow has pushed the assets under management (AUM) of the mutual fund industry by 27 per cent, adding Rs 10.9 lakh crore in 2023. This was way higher than the 5.7 per cent growth and Rs 2.65 lakh crore increase in AUM observed throughout 2022, as well as the nearly 22 per cent growth and close to Rs 7 lakh crore addition to the asset base in 2021. The asset base rose from Rs 39.88 lakh crore in 2022 to an all-time high of Rs 50.78 lakh crore in 2023, the data showed. The asset base stood at Rs 37.72 lakh crore at the end of December 2021 and Rs 31 lakh cror

Unifi Capital gets nod for MF biz; Bajaj Finserv MF launches new fund

Newly-formed Bajaj Finserv Asset Management has announced the launch of a balanced advantage fund (BAF) - schemes that dynamically invest in both equity and debt

Mutual fund equity buys hit six-month high in September, shows data

The MF industry has not yet released the inflow data for September

Why individual investors' share in mutual funds assets is surging

Nearly six rupees out of every ten in individual MF investments are in equity schemes

Putting all eggs in one basket

The dominance of banks in the mutual fund space raises questions about financial stability that require careful examination

CIO Round Table: 'Debt returns are offering competition to equities'

On the earnings side, the macro drivers are positive. We expect the earnings growth to continue, says SBI Mutual Fund CIO R Srinivasan

Unlocking Rs 100 trillion opportunity: What lies ahead for MF industry

The mutual fund industry is expanding distribution reach, simplifying products and leveraging technology in a bid to more than double assets under management

MFs warn distributors against misuse of small town-linked incentive

Move comes days after Sebi suspended practice citing misuse

Distributors gain as direct mutual fund investment platforms lose steam

Just 4% growth in registration of direct plan SIPs last year after 115% growth in 2021

Mutual fund industry AUM rises 5.7% to Rs 2.2 trillion in 2022: Amfi

The mutual fund industry added Rs 2.2 lakh crore to its asset base in 2022, driven by consistent monthly increase in SIP (Systematic Investment Plan) flows. The Assets Under Management (AUM) of the mutual fund industry rose by 5.7 per cent or Rs 2.2 lakh crore to a total Rs 39.88 lakh crore in 2022, data from the Association of Mutual Fund Industry (Amfi) showed on Tuesday. This was way lower than a surge of nearly 22 per cent or an increase of close to Rs 7 lakh crore in the asset base to Rs 37.72 lakh crore in 2021. "The industry grew at a slower pace in 2022 due to uncertainty in stock markets, and changing interest rate scenarios affecting the business environment at large. Understandably, investors have been in step with these changes by reallocating their investments between equity, debt and hybrid schemes," Gopal Kavalireddi, Head of Research at FYERS, said. While, the growth of 42-player mutual fund space in 2021 was mainly braced by a rally in the stock markets. The incre

MF industry has growth potential but talent a concern: CEOs at BFSI Summit

Top MF executives believe that debt funds lik equity schemes can reach households if pitched well

For the record: Mutual fund assets cross Rs 40-trillion, shows data

The number soared on the back of a post-Covid-19 market rally and the rise of retail participation

Continue SIPs for eight years to avoid loss in equities, say experts

Neither day of the month nor frequency of SIP has a material impact on returns

MFs see rise in redemption pressure amid spike in inflows across categories

The comparatively high growth in outflows has weighed on the net inflows in equity and hybrid schemes between June and August