Budget 2020

mutual fund schemes: Sebi tightens rules on inter-scheme transfers in mutual fund schemes

The Securities and Exchange Board of India (Sebi) has tightened rules on inter-scheme transfers (ISTs) in mutual fund schemes. The regulator said inter-scheme transfers for managing liquidity should only be taken after all other avenues including using cash, market borrowing and selling securities in the market, for raising liquidity have been attempted and exhausted. Inter […]

Budget 2020

Banking & PSU debt funds are a good option, says Mahendra Jajoo

Interest rates are like commodities where there is cyclicality and you need to be ready to remain invested in one full investment cycle to get the best returns. Prospects of rates coming down significantly from here are low and investors with a 2-3 year time horizon can opt for banking & PSU debt funds, says […]

Budget 2020

Mutual funds asset base rises 12% to Rs 27.6 lakh cr in Sep quarter

Mutual funds’ asset base rose by 12 per cent to Rs 27.6 lakh crore in the quarter ended September 30 mainly due to appreciation in the value of their existing holding in equity-oriented funds. The average asset under management (AAUM) of the industry, comprising 45 players, was at Rs 24.63 lakh crore in April-June quarter, […]

Budget 2020

Franklin Templeton MF’s six shut schemes generate Rs 8,262 cr since closure

Franklin Templeton Mutual Fund said its six shut schemes have received Rs 8,262 crore from maturities, pre-payments and coupon payments since closing down in April. The schemes have received Rs 1,078 crore during September 1-15. This takes the total cash flows received till date since April 24 to Rs 8,262 crore, Franklin Templeton MF said […]

Budget 2020

MF portfolio doctor: Magar should exit underperforming mutual fund schemes to achieve money goals

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 […]

Budget 2020

Invesco India Focused 20 Equity Fund NFO collects over Rs 602 crore

Invesco India Focused 20 Equity Fund (an open-ended equity scheme investing in maximum 20 stocks across market capitalization (i.e. Multicap)), which was open for subscription until 23rd September has collected Rs. 602 crs in the NFO. The fund received 29,240 applications from investors across 855 cities & towns in India. Saurabh Nanavati, Chief Executive Officer, […]

Budget 2020

stock market: Nervousness in the market shouldn’t be a problem for investors, says Mahendra Jajoo

Most investors are glued to the happenings in the stock market. However, the bond market is also going through a similar phase. There is a lot of nervousness about the future all around. Shivani Bazaz of ETMutualFunds.com reached out to Mahendra Jajoo, Head-fixed income, Mirae Asset India , to find out his view on the […]

Budget 2020

debt mutual funds: Mutual funds add 4.5 lakh folios in August; debt schemes gain traction

The mutual fund industry added 4.5 lakh investor accounts in August, taking the total tally to 9.25 crore, primarily on account of contribution from debt schemes. Market experts said that the addition of folios suggests that investors were undeterred by the market volatility. Besides, it indicates their understanding of the market risks associated with the […]