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MUTUAL FUNDS NEWS
AMFI knocks on SEBI doors to resolve KYC impasse
Fri, Apr 26, 2024     Source : Business Line
AMFI and SEBI are in discussions to resolve KYC validation issues impacting mutual fund investors, affecting transactions and flows
MUTUAL FUNDS NEWS
Mutual fund folio addition: Smaller towns steal a march over big cities
Fri, Apr 26, 2024     Source : Business Standard
According to MF officials, the industry witnessed strong growth across metrics in FY 2024 on the back of a sharp rally in the equity market
MUTUAL FUNDS NEWS
Mutual fund industry AUM surges 35% at Rs 53.40 lakh crore in March: ICRA Analytics
Fri, Apr 26, 2024     Source : Economic Times
The assets under management of the Indian mutual fund industry surged 35% and stood at Rs 53.40 lakh crore in March 2024 as compared to Rs 39.42 lakh crore in March 2023, according to a report by ICRA Anal...
MUTUAL FUNDS NEWS
Invesco AMC, its CEO, others settle case with Sebi
Fri, Apr 26, 2024     Source : Economic Times
Invesco Asset Management Company, its chief executive Saurabh Nanavati, and four others have settled a case of alleged violation of mutual fund and portfolio management services regulations with market reg...
MUTUAL FUNDS NEWS
Small, mid cap funds saw massive surge in folios in March
Thu, Apr 25, 2024     Source : Mint
Although small cap mutual funds saw redemption in the month of March, the number of new mutual fund folios in this category hit a whopping 3,63,000 in the last month of FY2024, showed the AMFI data.
MUTUAL FUNDS NEWS
Invesco agrees to pay Rs 5 cr to Sebi for settlement in MF violation case
Thu, Apr 25, 2024     Source : Business Standard
In an inspection conducted in 2021, the market regulator found that there was no clear segregation of activities between portfolio management activities and mutual fund activities of the firm
MUTUAL FUNDS NEWS
Breadth of the market rally is narrowing. Where to invest?
Thu, Apr 25, 2024     Source : Economic Times
The breadth of the ongoing market rally is narrowing with the number of stocks generating positive returns within the Nifty500 universe decreasing from 452 in Q1FY24 to 268 in Q4FY24, according to Motilal ...
MUTUAL FUNDS NEWS
Motilal Oswal AMC elevates Prateek Agrawal as MD
Thu, Apr 25, 2024     Source : Business Line
He will take charge from Navin Agarwal, who will return to the parent company
MUTUAL FUNDS NEWS
Investing in passive funds? Keep it simple and don’t overthink: Pratik Oswal
Wed, Apr 24, 2024     Source : Economic Times
Pratik Oswal, Head - ETFs and Index Funds, Motilal AMC, says when it comes to passive funds, keep it very simple.
MUTUAL FUNDS NEWS
Fund managers trim PSB exposure, see better value in private banks
Wed, Apr 24, 2024     Source : Business Standard
MFs pull out Rs 2,500 crore in March from state-owned lenders; replough Rs 4,900 crore into private sector peers
MUTUAL FUNDS NEWS
Mutual funds hold Rs 1.47 lakh crore worth of Reliance Industries shares
Wed, Apr 24, 2024     Source : Economic Times
Mutual funds increased their investment in India’s most valued stock Reliance Industries (RIL) in the March quarter by 53 basis points to 7.50%. Their stake was valued at Rs 1.47 lakh crore.
MUTUAL FUNDS NEWS
Small, midcap funds remain mutual fund investors' top choice in March
Tue, Apr 23, 2024     Source : Business Standard
Smallcap funds added 360,000 folios in March, second-most among equity-scheme categories
MUTUAL FUNDS NEWS
Hybrid mutual funds stage comeback; see Rs 1.45 lakh crore inflows driven by arbitrage investments
Tue, Apr 23, 2024     Source : Economic Times
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous f...
MUTUAL FUNDS NEWS
Why Mirae Asset MF is cautioning its ETF investors?
Tue, Apr 23, 2024     Source : Mint
Mirae Asset Mutual Fund (Mirae Asset MF) has cautioned investors looking to purchase units of its overseas exchange-traded funds (ETFs), noting that these ETFs are currently trading at a premium.
MUTUAL FUNDS NEWS
Nifty 500: Get diversification with better returns vs Nifty
Mon, Apr 22, 2024     Source : Economic Times
Financial planners have started recommending Motilal Oswal Mutual Fund's Nifty 500 Index Fund to clients who want to keep their equity portfolio simple with fewer schemes.
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Will Midcaps outperform Large caps in 2020?
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