Page 2 - Mutual Funds Industry

Mutual fund equity folio additions surge to record high in June 2024

Eleven equity new fund offerings (NFOs) ended last month, cumulatively mobilising Rs 14,370 crore

Debt outflows offset by equity boom: Mutual funds cross Rs 60 trillion mark

Within the equity fund category, multicap funds experienced 78% rise in inflows to Rs 4,708.57 crore, while investments into largecap funds increased by 46% to Rs 970.49 crore.

Sebi issues showcause notices to Hindenburg Research, five others

Alleges Hindenburg disclosures misleading

Loan against MFs: Opt if portfolio growth set to outpace loan rate

The Mutual Funds offered as collateral must be held in demat format

DSP MF cautions investors against lumpsum investment in infra fund

Says the valuations can lead to volatility, despite robust long-term outlook

Mutual funds industry adds 8.1 mn new investor accounts in Apr-May FY25

The mutual fund industry has added over 81 lakh investors' accounts in the first two months of the current fiscal (FY25), mainly due to consistent marketing efforts, celebrity endorsements and dedicated work of the distribution network. Additionally, changing perceptions about fixed deposits, which no longer offer competitive returns compared to mutual funds, and the rise in income levels and accessibility to financial markets have also contributed to the rise in new investors, Trivesh D, COO of stock trading platform Tradejini, told PTI. Going ahead, the outlook for mutual fund folios remains strong, supported by the ongoing bull run in the stock market, solid risk management practices, continuous investor education, and consistent marketing efforts, he added. Moreover, the industry will continue to see decent growth as savers increasingly look for alternative avenues to create wealth for their long-term goals, experts said. "As India's per capita income grows, investors will look

MFs invest Rs 1.3 trn in equities in 2024 on strong market performance

Mutual funds (MFs) showed strong confidence in Indian equities this year, injecting around Rs 1.3 lakh crore, driven mainly by significant retail investor interest and the robust performance of the stock market. Mutual funds, which manage long-term wealth for domestic investors, prioritise the Indian market's underlying growth potential and are less rattled by short-term events like elections, which allows them to keep investing in equities, Tradejini COO Trivesh D said. Additionally, the growing interest in systematic investment plans (SIPs) on the back of astonishing compounding stories by influencers and industry veterans has perked investors, who otherwise wish to stay away from the markets, to start participating through these mutual funds, he added. According to the data from the Securities and Exchange Board of India (Sebi), MFs invested Rs 26,038 crore in the first fortnight of the ongoing month and Rs 20,155 crore in April. Moreover, the highest MF buying for 2024 was ...

Election-related market volatility: Time for MF investors to start SIP?

Mutual fund investment strategy: Mutual fund investors, meanwhile, have been rejigging their portfolios amid a surge in equity volatility

45 million and counting: The unique rise of mutual fund investor

Revival on two fronts: Index surge by 25% in FY24, propelled by strategic fund launches and marketing blitz

Mutual fund equity buying tops Rs 1 trillion for 2024, shows data

The elevated equity market deployment in April indicates sustained inflows into equity schemes despite volatility

Mutual fund folio addition: Smaller towns steal a march over big cities

According to MF officials, the industry witnessed strong growth across metrics in FY 2024 on the back of a sharp rally in the equity market

Making gold investment, setting up home bar: Top personal finance stories

This week we report about gold as a safe asset and the design needed to set up your own bar

Small-cap MF assets soar 83% to Rs 2.43 trn in FY24 on retail investor boom

Influx of flows, upsurge in retail investors' participation and bullish market conditions have boosted the assets for the small-cap mutual fund category to Rs 2.43 lakh crore mark at the end of March 2024, marking an 83 per cent surge compared to the previous year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.9 crore in March 2024 from 1.09 crore a year ago, adding an investor base of 81 lakh. This shows investors' inclination for small-cap funds. Gopal Kavalireddi, Vice President - Research at FYERS, said that the growth trajectory of India's economy is attracting increased interest, leading many unlisted small-cap firms to seek support from the capital market. This trend offers promising opportunities for investors eyeing long-term growth prospects. However, factors such as General Elections, monsoon forecasts, economic activity, inflation, GDP projections, and FY25 earnings growth are likely to influence ...

MF trends: Small-caps take a hit, investors bit on large and mid-cap funds

Debt mutual funds saw the maximum outflows in March

Redemption risks

Stress tests highlight risks in smallcaps

Mutual funds sell 25% in Paytm holding, continue to lap up HDFC Bank

Reliance Industries along with HDFC Bank remain the top mutual funds buys for 2nd straight month

What are mutual funds and classifications within debt and equity funds?

Debt funds focus on generating income through fixed-income securities, while equity funds aim for capital appreciation by investing in stocks

Majority of states, union territories have single-digit MF penetration

Per capita investment is less than Rs 10,000 in eight of them

Hybrid mutual funds scheme gain popularity, attract Rs 20,634 crore in Jan

Hybrid mutual fund schemes have been gaining popularity among investors, attracting Rs 20,634 crore in January, marking a 37 per cent surge from the previous month, largely due to their appeal as an alternative investment option post-change in taxation laws for debt funds. With this, total inflow in the category reached Rs 1.21 lakh crore in the April-January period of the current financial year (FY24). However, hybrid schemes saw outflow in the same period of the preceding financial year. 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 April 2023, 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 last year. According to the latest data with the Association of Mutual Funds in India (Amfi), hybrid schemes witnessed an

10 mn in 2016 to 5 mn accounts in just a month; MF industry grows in 8 yrs

WEALTH GROWS SIP BY SIP: AUM and active accounts skyrocket 8x; monthly inflows achieve a 6x soar since 2016