NEW DELHI: Continuing their selling spree for the sixth straight month, mutual funds pulled out Rs 30,760 crore from equities in November on profit booking and experts believe the outflow trend will continue unless there is correction in markets. With this, net withdrawal by mutual funds (MFs) has reached to over Rs 28,000 crore in … Read more
Looking at the dismal returns of actively managed equity funds at a time when the market is at a record high, one can’t help but recall the wisdom of the legendry American investor John C Bogle, who once said, “Don’t look for the needle in the haystack. Just buy the haystack!” A plain vanilla index … Read more
NEW DELHI: A surge in Covid-19 infections in the West and uncertainty ahead of the US presidential elections are giving investors a cold feet. The unabated rise of the last few months is getting challenged as the markets are once again having a tryst with the ground reality. With no clarity on vaccine timeline or … Read more
Pharma funds have been topping the return charts since the Covid-19 pandemic hit the world. The category that invests mostly in the pharmaceutical sector has offered 58.16% returns in one year and 48.25% returns in this year to date, according to Value Research, a mutual fund tracking firm. Among the pharma funds, DSP Healthcare Fund … Read more
You might have heard during the recent controversy on new Sebi norms on multi cap mutual funds that most multi cap schemes have ver little or nil investments in small cap stocks. Here is surprise for you: introducing Quant Active Fund, a multi cap mutual fund scheme with 53% of its assets in small cap … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) has asked mutual funds to uniformly apply net asset value (NAV) across schemes upon realisation of funds. The capital markets regulator also tightened rules on the processes that fund managers follow to buy shares. The new rules will become effective from January 1. Currently, mutual fund … Read more
Mutual fund investors are calling up their advisors to check whether they should stop their regular investments in multi cap mutual funds until there is some clarity on how the fund houses are planning to deal with the issue of new Sebi norms on multi cap mutual funds. Some mutual fund advisors are indeed asking … Read more
MUMBAI: The weekend celebrations of investors in small-cap stocks over the capital market regulator’s stricter investment norms for mutual funds’ multi-cap funds-a product with a mandate to invest across share categories– may prove to be premature. Mutual funds are looking at various possibilities that would help multi-cap schemes avoid forced purchases of small- and mid-cap … Read more
Most mutual funds categories witnessed net outflows in August as cautious investors continued to sell their investments and held on to cash, probably to tackle the uncertain environment created by the Covid pandemic. August marked the fifth straight month of fall in inflows in the equity mutual funds, shows monthly data from Amfi. Net outflows … Read more
By Bekxy Kuriakose The credit crisis which engulfed debt funds over the past two years, starting with ILFS Group default, has been exacerbated by the black swan event of COVID-related lockdown in several parts of the country over past few months. As a debt mutual fund investor how should you pick and choose funds in … Read more