Page 2 - Mf Schemes

SBI Balanced Advantage NFO gets Rs 12,000 cr, best ever among active funds

Officials in the company said they are expecting another Rs 1,000 crore as online applications will continue till midnight

AIFs take digital turn as across-table deals go out of fashion due to Covid

Multiple firms look to skip physical meetings, documentation while acquiring clients

MF direct plans find favour in top-30 cities, catch up with regular schemes

Lower costs and ease of doing transactions are one of the few reasons investors have been moving towards such plans

Sebi's new skin-in-the-game framework for MFs likely to stretch AMCs

Currently, fund houses are required to invest a maximum of Rs 50 lakh per scheme

Edelweiss MF's IPO-focused scheme to go open-ended amid robust pipeline

The scheme was launched as a closed-end fund in February 2018, with a tenure of over three years ending June 2021

New Sebi norms on compensation: Mutual fund houses fear losing talent

To seek changes in circular asking to pay 20% salary to key staffers in scheme units

Wealthy PF investors may opt for debt funds as Budget changes tax rule

Budget proposes that interest on the PF contributions (employee contribution) above Rs 2.5 lakh per annum be taxable with from April 1, 2021

Mutual funds stay strong in SIP game as lump sum flows dwindle since July

Industry in January registered over 1.6 million SIPs, 58 per cent more than the previous nine-month average

Debt MFs see Rs 1.1 trn inflow in Oct on robust investment in liquid funds

Gilt funds came back under investors' radar in October after witnessing net outflow for two consecutive months

No merit in relaxing 10% cap on single stock investment: Sebi chief

Says cap is meant for diversification, and just because some scrip is outperforming is no reason to raise the ceiling

Sebi directs the renaming of dividend options of mutual fund schemes

Dividend payout option has to be renamed as "Payout of Income Distribution cum capital withdrawal option," the regulator said in a circular

Franklin Templeton MF's six shut schemes generate Rs 8,262 cr since closure

Franklin Templeton Mutual Fund on Friday said its six shut schemes have received Rs 8,262 crore from maturities, pre-payments and coupon payments since closing down in April

Sebi tweaks norms for assigning NAV while purchasing units of MF schemes

Until now, investors who gave a cheque for below Rs 200,000 got the same day's NAV, while those putting more got the NAV of the day when the cheque was realised

Spike in volatility in 2020 could spur significant changes in MF stocks

Half a dozen stocks tipped to exit large-cap bucket, with 17 leaving the mid-cap universe

Risk-averse investors re-deploy funds in arbitrage MF schemes in April

Aversion to debt products has contributed to renewed interest in the category

RBI's move to take control of YES Bank puts Mutual Funds on the edge

As many as 32 mutual fund schemes have exposure to bank's AT-1 bonds

MF schemes exposed to Altico see 1-8% dip in NAVs after rating downgrade

After corporate entity is downgraded to 'D', fund houses need to take at least 75% markdown

Sebi letter ends MFs' hopes of joining DHFL resolution process

Regulator makes side-pocket mandatory for resolution process; over 100 exposed schemes fail to make the cut

Investors can do without solution-oriented funds

Now that solution-oriented funds will have a lock-in of five years, most investors will be better off investing in open-end diversified equity funds to achieve similar investment outcomes

Most MF schemes in the red: Investor flows not impacted by market fall

Sector officials say inflow continues to remain strong and the tally could be in line with previous months