Mutual Fund Schemes

Sebi plans half-yearly disclosures for direct plan mutual fund schemes

Also proposes colour-coded risk-o-meter

Cancelling credit card, uncluttering home: Top personal finance stories

Our top stories this week tell you about the procedure to cancel a card and the various storage solutions for your home

Hybrid MFs stage comeback; see Rs 1.45 trn inflows driven by investments

Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds. Hybrid funds are mutual fund schemes that typically invest in a combination of equity and debt securities and sometimes in other asset categories such as gold. The category has been attracting regular inflows since the beginning of financial year 2023-24 in April after a change in taxation for debt funds that kicked off in the same month. Before that, the segment saw a net withdrawal of Rs 12,372 crore in March. Overall, the hybrid category saw net inflows of Rs 1.45 lakh crore in FY24, compared to an outflow of R

Active funds weather market storm better than the benchmark indices

Nifty Midcap 100 index is down 3.9 per cent. In the case of smallcaps, active funds are down 6 per cent vis-a-vis 8.6 per cent decline in the Nifty Smallcap 100 index

Equity MFs inflow nears 2-yr high at Rs 26,866 cr in Feb on strong NFO push

Overall, the mutual fund industry witnessed an inflow of Rs 1.2 lakh crore in February, almost similar to the one seen in the preceding month

Cash levels in smallcap mutual fund schemes swell as valuations turn lofty

Top 10 funds sitting on Rs 12,160 cr cash, up 40% from Aug '23; cash as percentage of AUM rises to 6.1%

ELSS: Selecting tax saver fund based on recent performance is risky

Choose one whose rolling returns have surpassed the benchmark a high percentage of times over a long span

Index funds by life insurers vs mutual funds: What's a better deal

To invest in a small-cap index fund of a life insurance company, a customer will need to invest in a ULIP

Performance of active schemes fuels mutual fund industry momentum

Improved share of assets outperforming benchmarks to propel growth, says KIE

ICICI Prudential to Mirae Asset: Top AMCs with highest inflows in Q2

ICICI Prudential secured an inflow of Rs 15,156 crores, emerging with the highest net flows in open-end funds and ETFs for Q2 FY24, followed closely by Kotak at Rs 7,871 crores.

Alternative assets surged twice as fast as mutual funds in 5-yrs: Report

The country's alternative investment industry, comprising Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs), has witnessed remarkable growth in the last five years, outpacing traditional mutual funds, the latest revealed data by PMS Bazaar on Wednesday. Over the past five years (from June FY19 to June FY24), the alternative investment industry has witnessed a Compound Annual Growth Rate (CAGR) of 26 per cent, with assets under management (AUM) reaching Rs 13.74 lakh crore as of June FY24, according to the data. This growth rate is more than double that of the mutual fund industry, which recorded a CAGR of 13 per cent with an AUM of Rs 46.63 lakh crore as of August 2023. The PMS Bazaar said that the surge in the alternative investment industry could be attributed to several factors such as rising income levels that have broadened accessibility to alternative investments, catering to a diverse range of High-Net-Worth Individuals (HNIs) and Ultra-High-Net-Wort

It is DIY for mutual fund investors as bull market continues the run

The net folio additions in direct plans in the five-month period (April-August 2023) is 40 per cent higher than the total additions made in the previous six month period

360 ONE launches first balanced hybrid scheme in mutual fund space

Fund to maintain a minimum 40 per cent allocation in equity and debt

Rising markets fails to lift up new investor addition by mutual funds

MFs onboarded only 1.6 mn new unique investors in H1CY23

Global mutual fund schemes resurrect as outflows create headroom

Investors have pulled out Rs 875 crore between April and June from these schemes amid tax changes

MFs' SIP collection grows 31% to Rs 1.5 trn on higher retail participation

The SIP book has grown consistently from Rs 11,305 crore in December 2021 to an all-time high of Rs 13,573 crore in December 2022

Sebi sets lower single-issuer limits for mutual fund debt schemes

Credit-risk rating based limits introduced for all new schemes; existing schemes to be grandfathered

Days of delivering sub-par returns may soon come to an end for debt funds

The YTM of most debt funds tops 6.5%, indicating that they can at least do better than FDs in the near future

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

A Balasubramanian re-elected Amfi chairman, Sundeep Sikka to head ETF panel

Vishal Kapoor remains head of committee of certified distributors, Nilesh Shah and Navneet Munot stay as chief of valuation committee and equity CIO panel, respectively