Sebi uses various algorithms, data analytics, and supervision technology to track instances of front-running and insider trading
Mirae Asset MF announces Nifty EV and New Age Automotive ETF, Groww files papers
Equity MF schemes have seen a surge in investors' interest in recent years amid a bull run in the equity market
Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs. There doesn't appear to be any derating due to the coalition
The fund's assets under management at month-end increased to Rs 50,840 crore in March 2024 from Rs 23,128 crore in March 2021
Investors withdrew Rs 11,678 crore from SIP accounts last month, compared to an average of Rs 10,436 crore in the preceding six months
The mutual fund (MF) industry is concerned that the upcoming Union Budget may bring another tax blow
I reminded Meera that although Karan's parents had a large bungalow in his hometown, professional opportunities had brought them to Mumbai. Their children might behave similarly
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
In the past fortnight, fund houses have approached Sebi for 20 NFO approvals
MFs offer investors access to a wider range of assets (gold and international funds), fund houses and fund managers. Barring ELSS, the open-ended funds offer anytime liquidity
Sold shares of 9 PSUs worth Rs 9,570 crore in May
Sets top 75 holdings of large fund houses as universe
The performance marks a reversal in the trend seen in the midcap and smallcap space in the last 12-18 month period, wherein majority of the schemes were found to be trailing their benchmarks
Several investors had taken to social media to complain about being unable to square off their positions
Sebi has proposed to permit participation of mutual funds in CDS buying for all schemes as well as CDS selling for all schemes except overnight and liquid
CDS allows an investor to offset their credit risk with another investor, who is willing to reimburse or pay a notional amount in case the borrower or the issuer of the bond defaults
Leading stock exchange BSE on Friday said lag in receiving payments from banks led to delay in assigning NAV to investors who bought mutual funds on June 4 and there was no technical glitch at its end. Many investors had complained on social media for failing to square off their positions. Several investors purchased their mutual funds before the cut-off time, although they were assigned the Net Asset Value (NAV), which determines the fund's value for June 5 instead of June 4. This resulted in substantial financial losses to such investors. "It is hereby clarified that there was no technical glitch at BSE Clearing House (ICCL) on June 4th. Prima Facie, there was a lag in receiving details of credit /payments from payments aggregator(s) / bank(s) for few customers which led to the delayed NAV," BSE said in a statement. The clarification came after several broking platforms alleged BSE for a glitch in the mutual fund system of the exchange on June 4, which led the orders to go throug
This week we tell you about the changes in health insurance subscription and the health benefits of pricey fruits
According to MF officials, smallcap fund AUMs saw a comparatively lower decline as their portfolios have a higher active weight