Households ride on leverage, net financial savings hit 5-year low
New Delhi: Household sector’s net financial savings dropped to a five-year low of ₹14.16 lakh crore in 2022-23, as more Indian households increased borrowing from banks and non-banks to boost investments in physical assets. This trend was coupled with increased allocations to mutual funds, direct equities, bank deposits, and life insurance products, according to the latest MoSPI data.

Single vs joint holding in mutual funds: which is better?
Single or joint accounts: These are the two types of accounts that investors can opt for to keep their mutual fund (MF) holdings. For the joint account though, an investor can choose between ‘joint' and ‘either or survivor’ modes of operation. So which of these account types is better? Typically, a single account that only requires a nominee is better. On the death of the account holder, the nominee gets access to the account and the proceeds. Joint accounts can be  problematic. There are technical difficulties involved with transactions and they can also open up the risk of legal disputes. Most financial experts favour a joint account with ‘either or survivor’ as the mode of operation.

54% equity mutual funds outperformed their benchmarks in April

‘Atmanirbhar’ Market: Mutual funds’ share in Indian firms hits fresh high! DIIs playing strong counter balancing role against FIIs
The gap between Foreign Institutional Investors (FIIS) and Domestic Institutional Investors (DIIS) with regard to their holdings in the Indian companies has narrowed further to hit an all-time low this quarter, according to a report by PrimeInfobase, an initiative of PRIME Database Group. The DIIs’ holding is now just 9.23% lower than FIIs holding in the Indian companies.

MF share in NSE cos hits fresh high in Q4

The share of foreign portfolio investors (FPIs) declined to a 11-year low of 17.68 per cent, down by 51 bps from 18.19 per cent as on December 31, 2023, resulting in the gap between FPI and DII holding narrowing further to an all-time low during the quarter.

Earnings risk can disrupt stock boom, says Vinit Sambre of DSP Mutual Fund

Axis Mutual Fund changes fundamental attributes of Axis Special Situations Fund

Mirae Asset Mutual Fund launches Nifty MidSmallcap400 Momentum Quality 100 ETF

No bias, no emotion; With quant funds the 'matrix' takes the calls

Domestic MFs gain ground, FIIs losing the plot
Stakes of domestic mutual funds(MFs) in listed companies rose to an all-time high of 8.92% on 31 March, up from 8.81% a quarter ago, according to data collated by primeinfobase.com. 

Elections stoke volatility but don't alter market dynamics: Niket Shah
With less than a month remaining until the declaration of results for the 18th Lok Sabha elections, the markets are witnessing a spike in volatility. While the victory for the incumbent Bharatiya Janata Party government has largely been factored into market expectations, the uncertainty surrounding the allocation of seats is stirring some apprehension among investors. NIKET SHAH, the newly appointed chief investment officer (CIO) at Motilal Oswal Mutual Fund (MF), suggests that if the ruling coalition fails to secure a substantial majority, it could exacerbate short-term market volatility. Shah, who oversees assets valued at Rs 46,000 crore, shares with Abhishek Kumar via email that valuations remain reasonable, and the potential for higher earnings growth is bolstering the ascent of small and midcap stocks.

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Crowd is right on trends, but wrong on ends: Nimesh Chandan of Bajaj Finserv AMC
"Whenever the crowd is focused on one asset, there is momentum and it becomes a glamour asset. People overvalue it as their expectations are very high. At the same time, there will be some asset or a theme or a sector that is getting underpriced because it's just being ignored by people. It is not exciting for them in the short-term. And that's where you should go fishing," says Nimesh Chandan, chief investment officer of Bajaj Finserv AMC.

Franklin's rebuilding debt funds; focus is on safety and liquidity: Rahul Goswami

Mutual fund: This Motilal Oswal fund has turned Rs 10,000 SIP into Rs 29 lakh in 10 years
Motilal Oswal Flexicap Fund, a flagship offering from Motilal Oswal Asset Management Company, completed 10 years on April 28. The fund during these 10 years has yielded an 18.66% annualised return and an absolute return of 455.40%. A lumpsum amount of Rs 10,000 invested 10 years back would have grown to Rs 55,540 now. Similarly, the fund given a 15.63% annualised return for SIP investors in this 10-year period, turning Rs 10,000 SIP into Rs 29 lakh.

Mutual Funds: 10 dynamic asset allocation funds beat the benchmark index in the past three years
When investors make a decision to invest in a mutual fund scheme, they weigh a number of factors ranging from the historical returns to the fund house’s reputation, and overall market scenario to the future outlook.

MF Investment: Manage high valuations and market volatility with Hybrid Mutual Funds
Hybrid Mutual Funds combine various asset classes and allocate on a dynamic basis or vide a static allocation percentage, reducing volatility as compared to pure equity funds. Many a times it is not so much about the point-to-point returns. It is about a stable journey for moderate to low-risk profile investors so that they could continue on the investment track and do not exit.

KFin Tech Q4 PAT up 31% on strong AUM growth, client acquisition
Mumbai: KFin Technologies’ net profit for Q4 FY24 rose 30.6 per cent on year to ₹74.47 crore led by 24.7 per cent increase in revenue from operations to ₹228.34 crore. Average AUM grew 35.5 per cent on year, higher than 33.6 per cent growth for the sector. Average equity AUM was up 43.2 per cent on year, compared with 48.2 per cent for the industry. The company had an overall market share of 32.1 per cent and equity market share of 33.4 per cent as of March 2024.

NFO Alert: Aditya Birla Sun Life Mutual Fund launches Nifty PSE ETF
Aditya Birla Sun Life Mutual Fund has launched Nifty PSE ETF fund, offering investors an opportunity to participate in the growth journey of India’s public sector enterprises (PSEs).

IIFCL AMC, four others settle case with SEBI by paying ₹1.02 crore
 

13 million mutual fund accounts face temporary suspension due to this issue! Are you affected?
Mutual fund KYC norms: The capital market watchdog, SEBI, introduced new norms for KYC process done by the asset management companies (AMCs) for mutual fund account holders, effective April 1, 2024. As per the new guidelines, KYCs of mutual fund subscribers must be updated with Aadhaar and PAN. This directive is applicable to both new and old mutual fund folios.

Why invest in silver through ETFs?

Axis Mutual Fund launches Axis Nifty Bank Index Fund

Motilal Oswal Flexicap Fund completes 10 years, offer 400% absolute return since inception

Nippon India Mutual Fund changes fund manager for three schemes

Groww Mutual Fund launches Nifty Non-Cyclical Consumer Index Fund

Aditya Birla Sun Life launches Nifty PSE ETF

Most foreign fund houses miss India growth train
When Invesco decided to sell 60% stake to the Hinduja group earlier this month, it didn’t surprise anyone. That’s because only a handful of foreign fund houses have been able to grow in the country even though the Indian mutual fund industry has already topped Rs 50 trillion (Rs 54 trillion in FY24).

Editorial. MF KYC compliance could have been better handled
The revised know-your-customer (KYC) norms have unleashed a chaotic situation in the mutual fund industry. A large section of investors has been barred from initiating new investments or redeeming old ones from April 1, 2024. The genesis seems to have been SEBI’s circular issued in August 2023, which had stipulated that the KYC process for investors transacting in markets should be based on both proof of identity and proof of address for which the official requirement was the client’s Aadhaar-linked PAN with updated email addresses and mobile numbers.

IL&FS MF pays Rs 600 crore to debt infra investors; makes timely redemption
The debt scheme IL&FS Infrastructure Debt Fund Series 1C was redeemed on due date on April 30, making it a timely redemption, according to a statement issued by IL&FS Group.
 

Why I-Sec investors are miffed at mutual funds