Page 4 - Mutual Funds

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

ICICI Prudential Mutual Fund unveils two passive funds: Check details

Both offerings fall under the smart beta category, focusing on a factor-based strategy to provide investors with a low-cost, value-driven investment approach

Sebi mulls standardise format for disclosure of change in MF risk-o-meters

To further enhance the pictorial representation of risk, Sebi on Thursday proposed that the risk-o-meter of a mutual fund scheme be depicted using a colour scheme, a move aimed at further aiding in informed decision making by investors. To standardise the format of disclosure and for ease of understanding of the change in level of risk for unitholders, the mutual funds should disclose the existing risk-o-meter, along with the revised risk-o-meter, Sebi suggested in its consultation paper. Any change in risk-o-meter of the scheme or its benchmark should be communicated by way of notice and by way of an e-mail or SMS to unitholders of that particular scheme. In addition to the existing labels relating to levels of risk -- low, low to moderate, moderate, moderately high, high and very high, the risk-o-meter should also be depicted using a colour scheme. Risk-o-meter needs to have six levels of risk for mutual funds -- green for low risk Irish; chartreuse for low to moderate risk; neon

Mutual funds dive into FoF waters to fish for debt fund alternatives

HDFC, ABSL plan arbitrage plus debt FoFs to offer low-risk, tax-efficient products

Mutual fund investor base to break 50 million barrier in September

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

LIC MF to introduce Rs 100 daily SIPs: Should you invest

The new Rs 100 daily SIP option represents a significant reduction from the previous minimum of Rs 300

LIC Mutual Fund launches Manufacturing Fund, targets Rs 60,000 cr AUM

LIC Mutual Fund on Friday launched a new Manufacturing Fund, an open-ended equity scheme, and said it is looking to achieve an asset under management of Rs 60,000 crore this fiscal. The new fund offer (NFO) will remain open for subscription till October 4 while the units under the scheme would be allotted on October 11, the company said. It also said that the scheme will be benchmarked to the Nifty India Manufacturing Index (Total Return Index). The scheme aims to provide a diversified portfolio of companies that come under the ambit of manufacturing theme, including automobiles, pharmaceuticals, chemicals, heavy engineering products, metals, shipbuilding, and petroleum products, among others, the company said. "The main objective of launching the manufacturing fund is to create wealth for the investors who will be joining this scheme and which will be mainly investing into manufacturing theme companies," R K Jha, Managing Director and Chief Executive Officer, LIC Mutual Fund told .

WhiteOak Capital Digital Bharat Fund NFO opens today: Should you invest?

The objective of the fund is to offer long-term capital appreciation by investing primarily in equity and equity-linked instruments of technology-focused companies

Post-Covid: Households shift to equities amid attractive returns

This trend is being amplified by strong returns in the equity markets in recent years, said Kotak Institutional Equities in a report

Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

The broader category, which includes offerings across equity, debt and commodities, has seen a spike in the inflows over the past two months

Momentum-based factor funds: Volatile but rewarding strategy for investors

"Factor investing is growing rapidly in India. Among factor funds, momentum is the largest and the most popular strategy," says Pratik Oswal, chief of business, passive funds, Motilal Oswal AMC

Mutual funds betting big on recently listed and new-age companies

PB Fintech and Delhivery were also among the top 15 most bought stocks, as per an analysis by Nuvama Alternative & Quantitative Research

Investors switch to safe-haven funds; flows into low-risk MFs up 70%

Inflows into flexicap funds surged to Rs 3,513 crore in August, the highest since the category was introduced in December 2020

Close irregular PPF accounts of minors, shift to MFs, long-term FDs

Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.

Mutual fund derivatives exposure nears Rs 2 trn on increased arbitrage play

Turnover share in segment under regulator scrutiny also shows signs of increase since 2018-19

Deposit mobilisation: Banks seek level playing field vis-a-vis mutual funds

Industry lobby group IBA wants govt and RBI to intervene

Quant Mutual Fund moves out of HDFC Bank months after betting big

Quant MF has managed to dominate the equity scheme performance charts in recent years, with its high-conviction bets working out well

Equity mutual fund asset boom drives surge in distributor commission

Around 2,500 MF distributors rake in Rs 14,850 cr in commissions last fiscal year

Retirement mutual funds AMC jumps 256% to Rs 29,903 cr in 5 years

Rising awareness of financial planning has fueled a 256 per cent increase in retirement mutual fund AUM in the last five years, according to a report. Factors such as rising healthcare costs, increasing nuclear families, and higher life expectancy are likely to fuel further growth in this sector, an ICRA Analytics report said. "Assets under Management (AUM) of these funds have grown by over 256 per cent in the last five years, reaching Rs 29,903 crore in July 2024, compared to Rs 8395 crore in July 2019," it said. ICRA said the growing awareness has led to a surge in the number of folios, which has increased by 17.44 per cent in the last five years to 29.36 lakh in July 2024, up from 25 lakh in July 2019. The number of schemes has also increased from 21 in 2019 to 29 in 2024. A retirement mutual fund is a specialized investment vehicle designed to provide a secure and comfortable post-retirement life. These funds invest in both equity and debt, aiming to balance wealth appreciation

Different modes of MF holdings and how are they taxed?

Profits gained from investment in mutual funds are known as 'Capital gains'. These capital gains are subject to tax