Budget 2020

index funds: Why passive investing makes more sense for retail mutual fund investors?

Retail investors tend to be attracted to the equity markets, not only due to the feeling of being part-owners of large companies but also because investing in equity shares can help beat the inflationary pressure by delivering a higher rate of return as compared to other havens. S&P BSE Sensex has generated more than 16% […]

Budget 2020

Amid heavy redemption, mutual funds put in big money in 4 IPOs and made a killing

NEW DELHI: Mutual funds pumped in some Rs 1,238 crore in four IPOs in January as they entered and exited a few smallcap stocks during the month, data showed. Fund managers were seen subscribing to shares worth Rs 927 crore in the IRFC IPO. They bought Rs 143 crore worth of shares in Indigo Paints, […]

Budget 2020

How mutual fund investors can make the most of MFU’s scheduled transactions facility

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. […]

Budget 2020

How Franklin mutual fund’s Rs 9122 cr repayment will be divided among closed scheme investors

NEW DELHI: Good news for some of the investors in the six schemes closed down by Franklin Templeton Mutual Fund in April 2020. The fund house will pay out the cash holding in five of the six schemes to investors in accordance with the Supreme Court verdict on the matter. Investors in the India Low […]

Budget 2020

Mahindra Manulife Mutual Fund launches short term debt fund

Mahindra Manulife Mutual Fund has launched Mahindra Manulife Short Term Fund, an open ended short term debt scheme investing in instruments with macaulay duration between 1 and 3 years. The New Fund Offer opens on February 9 and closes on February 16. The scheme will reopen for continuous sale and repurchase from February 25, 2021. […]

Budget 2020

IDFC Floating Rate Fund: IDFC Mutual Fund launches Floating Rate Fund

IDFC Mutual Fund has announced the launch of IDFC Floating Rate Fund. The NFO opens on February 10 and closes on Tuesday, February 16. The fund will have a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments. The fund aims to invest a […]

Budget 2020

MF portfolio doctor: Why Dogra needs to restart mutual fund SIPs, hike amounts to reach 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 […]