Mutual fund investors who use the mutual fund utilities (MFU) platforms can schedule their transactions to purchase, switch or redeem funds. The advantage of this facility is that it allows the unit holders to carry out transactions immediately from the next business day, instead of a lead time of T+15 days with a mutual fund. […]
Tag: mutual fund
MF portfolio doctor: Why Kumar needs to reduce number of mutual fund schemes in his portfolio
Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance […]
How mutual funds offer flexibility of playing investment themes
The USP of thematic funds is that if a sector or theme looks promising, or is in vogue, and the fund manager has a proven track record, the chances of making outsized gains are rather high. At the same time, it is also about the investor’s conviction in the idea (sector) and the fund manager. […]
8 things that changed in the mutual fund industry in 2020
The year 2020 was a roller-coaster ride for everyone including the mutual fund industry. For various reasons, the industry underwent a lot of changes. The market watchdog- Securities and Exchange Board of India, brought in a slew of new rules and regulations to make mutual funds more transparent and investor-friendly. Here’s a look at the […]
Equity MFs see outflows for sixth month in a row as investors withdraw Rs 10,000 cr in Dec
NEW DELHI: Mutual fund investors continued to withdraw massive amounts in December, extending net outflows to the sixth straight month as they booked profits instead of staying invested, even as the market continued to form record highs. Amfi data released for the month of December said investors withdrew a net Rs 10,147.12 crore, lower than […]
Mutual funds attract new investors, add to their wealth in pandemic-ravaged 2020
For long mutual funds have been trying to attract investors as tools for contingency savings the year 2020 saw one of the most unexpected events unfold when the COVID-19 pandemic engulfed the entire world. After wild swings in a pandemic-ravaged year, the stock market finally appears to end with unusually high gains, which coupled with […]
TINA factor may make HNIs come back to midcaps: A Balasubramanian
By Nikunj Dalmia The see-saw movement of the market following the Covid-induced fall could have led investors to re-allocate portfolios and cut equity exposure, says A Balasubramanian, CEO, Aditya Birla Sun Life AMC. What is causing this redemption because usually investors want to participate when markets are going higher and the fact that benchmark indices […]
Bandhan Bank to continue with its holding company
Kolkata: Bandhan Bank said it would continue with its holding company, ending speculations that the bank might exit from the structure if Reserve Bank of India relaxes the rules and makes it optional. “We as a group want to be a full-service institution and aim to provide customers financial products such as insurance and mutual […]