On July 28, the finance minister is expected to launch the corpus that aims to provide liquidity to debt mutual funds in troubled times. On July 27, SEBI issued detailed guidelines on how debt funds will make use of this facility.
Active fund managers sense these changes early and reposition their portfolios accordingly.
Although it works in similar ways to open-ended overnight funds, it primarily caters to those who regularly trade in stock markets. It has little credit or interest rate risk, making it a safe bet.
In an out-of-turn press conference aimed at giving a performance report on some of the market regulator's internal machinations, SEBI chief Madhabi Puri Buch said faster clearances and better implementation are SEBI’s path forward with an aim to aid in India's capital formation.
Balanced Advantage Funds invest in a mix of equity and debt depending on the relative attractiveness of the asset classes. These schemes aim to offer equity exposure with reduced volatility. Should you invest? A Moneycontrol review.
"On instantaneous settlement, we need a little more work. If ASBA goes smoothly, then the next step is instantaneous settlement...not sure if this will be completed by this financial year," SEBI chief Madhai Puri Buch said.
As per the latest shareholding pattern data, mutual funds hold a significant portion in the total shares of these smallcap companies. This indicates fund managers’ optimism over the future growth prospects of these companies.
This is a new fund house, and one is yet to see how their strategies pan out. The sheer variety of funds already present in this category means that you can look at existing schemes for now.
Under the current regulatory requirements, mutual funds are permitted to launch only one scheme with ESG investing under the thematic category for equity schemes.
When it comes to developed markets, the Ukraine-Russia crisis, geopolitical issues and currency risks can bite into returns, apart from debt taxation
Momentum strategy follows a ‘buy high and sell higher’ approach of investing and exhibits high volatility in the short term. Investors with a high risk profile and long-term view can allocate 10-15 percent of their portfolio to momentum strategy. About 12 mutual fund schemes offer this play
Some banking and finance sector funds are actively managed. Among passive schemes, some track Nifty Bank Index, Nifty PSU Bank Index and Nifty Private Bank Index.
Systematic withdrawal plan allows unitholders to withdraw money at regular intervals. A Moneycontrol analysis of MC30 debt and equity funds show that 6-8% can be ideally withdrawn every month without depleting the corpus, if you stay invested for 10 years
Despite huge inflows, smallcap fund managers say that valuations haven’t yet peaked. But many funds have chosen to shut their doors to hot money
There are 18 pharma-healthcare sector funds, including seven passively managed schemes, which manage assets worth Rs 15,240 crore as on June 30, 2023. Some of these schemes invest in healthcare stocks listed overseas. Are they offering good value?
These midcap stocks scored relatively high momentum score as they have outperformed the peers in Nifty 200 basket over the last one year. To reduce the risk levels that come with momentum strategy, some fund houses have launched momentum index funds
Canara Robeco MF has seen many fund manager changes over the past 10-15 years. The performance was expected to take a hit because of this churn, but it didn’t. Bhandwaldar says the fund’s success comes from using an objective investment strategy that is not dependent upon a single individual or fund manager.
Mutual fund schemes have to disclose their daily NAVs by 11 pm. Fund houses are supposed to value all the securities held in their portfolios and compute the NAV for that day. But this has led to a practical difficulty for schemes investing overseas
Due to a wide range of small-cap stocks in the market, fund houses go bottom-fishing to pick multibaggers of tomorrow. In this pursuit, many schemes end up having unique or exclusive stocks
Kotak Quant Fund, the first quantitative modelled equity scheme by Kotak Mahindra Mutual Fund, will be launched on July 12. The fund will pick stocks through a computerised algorithm after its fund managers shortlist the stocks using their intervention. It’s a new territory for a fund house that has built a good track record in equity.
The quantum of funds collected by the fund house through the scheme is significant as it had average assets under management of Rs 815 crore for the June quarter. The AMC is the 37th biggest fund house in the 43-member Indian mutual fund industry
Investors latch on to government securities schemes of mutual fund houses. As per AMFI the mutual fund industry’s trade body, gilt funds saw net inflows of Rs 396 crore in June, as against an outflow of Rs 127 crore a month back
Smallcap funds continue to be in demand, net inflows surge to 66 percent month-on-month to Rs 5,471.75 crore in June.
Smallcase will help Zerodha build simple, low-cost, passive mutual fund products, while Zerodha will help with the distribution as that is one of the biggest challenges for an AMC.
These midcap stocks are either totally ignored or least favoured by active mutual fund managers