Page 3 - Mutual Funds

Sebi asks MFs to disclose expenses, returns separately for direct plans

Asks Amfi to come up with standardised half-yearly disclosure format

Sebi allows MFs to invest in overseas schemes with India exposure

However, the scheme's exposure to Indian securities should not exceed 25 per cent

Sebi allows MFs to invest in foreign funds with Indian securities exposure

Markets regulator Sebi on Monday allowed mutual funds (MFs) to invest in overseas mutual funds or unit trusts that invest a specific portion of their assets in Indian securities. This is subject to the total exposure to Indian securities by such overseas funds not exceeding 25 per cent of their net assets. The move is aimed at facilitating ease of investment in overseas MF/UTs, bringing transparency in the manner of investment, and enabling MFs to diversify their overseas investments, Sebi said in a circular. The new framework will come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said. Also, MF schemes are required to ensure that all investors' contributions to an overseas MF/UT are combined into a single investment vehicle without any side vehicles. The corpus of an overseas MF/UT should be a blind pool with no segregated portfolios, ensuring all investors have equal and proportionate rights in the fund. "All investors in the overseas MF/U

Market regulator Sebi mulls tweaks to mutual fund NFO filing process

Move to address concerns around AMCs losing first-mover advantage due to public disclosure

Performance, taxes: Why you should review mutual fund portfolio regularly

Investors should avoid impulsive decisions and follow a long-term strategy, according to experts

How to transfer your mutual fund from one demat to another?

Investors choose to transfer their mutual fund units from one demat account to another for various reasons, primarily to enhance their financial management

MF investors bet over Rs 17K crore on key equity schemes amid selloff

Equity schemes continue to witness net inflows, driven by SIPs

Edelweiss Asset's former manager settles MF rule violation case with Sebi

A former fund manager of Edelweiss Asset Management has settled a case pertaining to alleged violations of mutual fund rules with markets regulator Sebi following a payment of Rs 19.5 lakh towards settlement charges. Abhishek Gupta allegedly failed to ensure that the funds of the schemes were invested to achieve the objectives of the scheme and by doing so he allegedly violated mutual fund rules. The order came after Gupta filed an application with Sebi proposing to settle the alleged violations "without admitting or denying of the findings of fact and conclusions of law" through a settlement order. "In view of the receipt of settlement amount by Sebi, the instant adjudication proceedings initiated against the noticee viz, Abhishek Gupta vide ShowCause Notice... dated January 4, 2024, are hereby disposed of," the regulator said in its settlement order. The Securities and Exchange Board of India (Sebi) received Rs 19.5 lakh from Gupta on October 17, towards the settlement amount.

Mid- and small-cap MFs attract Rs 30,350 cr in H1 FY25 on strong returns

Mid-cap and small-cap mutual fund schemes have continued to attract strong investor interest, garnering nearly Rs 30,350 crore in inflows during the April-September period of the current financial year, driven by impressive returns delivered by these segments. In comparison, the cumulative inflow into mid-cap and small-cap funds stood at Rs 32,924 crore during the same period last year, according to data from the Association of Mutual Funds in India (Amfi). The inflow trend persists despite concerns raised by market regulator Sebi over heightened inflows into small-cap and mid-cap funds, as experts believe investors will continue to favour these categories for their potential to deliver high returns. "Small caps will continue to grow at a faster rate for years to come. I expect the inflows to continue as Indians want to invest in the high-growth sectors. Small cap funds should be seen as an integral part of one's portfolio allocation and not a tactical play," Trust Mutual Fund CEO .

Bandhan MF NFOs bet on high-risk undervalued stocks, top performers

These open-ended schemes will track the Nifty 500 Value 50 Index and Nifty 500 Momentum 50 Index, respectively

Baroda BNP Paribas launches fund tracking Nifty Midcap 150: What to know

An exit load of 0.2 per cent will apply if shares are redeemed on or before seven days from the date of allotment; the exit load will be nil if redeemed after seven days

Motilal Oswal NFO: This thematic fund is for tech-savvy high-risk investors

The Motilal Oswal Digital India Fund is an open-ended equity scheme targeting sectors such as technology, telecom, media, entertainment, and related industries

Equity mutual funds log Rs 34,419 crore net inflows in September

Inflows into equity schemes positive for 43rd; MF industry AUM tops Rs 68 trn

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 rally fuels fastest quarterly growth in MF assets in five years

Average AUM rises 12.3 per cent sequentially to Rs 66.2 trillion

Sebi grants approval to Jio Financial, BlackRock for setting up MF business

The companies signed a second joint venture in April to set up a wealth management and broking business in the country

Decoded: Gold to MFs, impact of Middle East conflict on your investments

Experts say that despite these tensions, Indian markets have displayed resilience

MFs explore new offerings as quality pack steals march on value stocks

WhiteOak Capital and ICICI Prudential have sought regulatory approval for a first-of-its-kind active quality fund

AMC scrips rally on new asset class; Nippon Life India up 5.2% on BSE

Aditya Birla Sun Life ends trading day 4.4% higher

Sebi likely to maintain status quo on largecap stock pool expansion

Plan to add more stocks shelved citing 20% midcap, smallcap investment legroom with largecap funds, say sources