Debt mutual funds see Rs 1.1 lakh cr inflow in October Debt mutual funds see Rs 1.1 lakh cr inflow in October

Deft mutual fund schemes had seen net outflow of Rs 51,962 crore in September and Rs 3,907 crore in August, according to the Association of Mutual Funds in India (Amfi).

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Sundaram Mutual launches SIP in Sundaram Money Fund Sundaram Mutual launches SIP in Sundaram Money Fund

SIPs are available in the growth option for both regular and direct plans of the fund, on transactions made through the Sundaram Mutual website, branches, and RTA. The facility would be available from November 13.

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Equity mutual funds see net outflow of Rs 2,724.95 crore in October, shows Amfi monthly data Equity mutual funds see net outflow of Rs 2,724.95 crore in October, shows Amfi monthly data

Equity mutual fund category continue to witness net outflows in October as investors continue to sell their equity investments, especially in multi cap mutual funds and value funds, shows the latest Amfi monthly data.

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MFs withdraw Rs 14,300 cr from equities in Oct; rebound least expected in 2020 MFs withdraw Rs 14,300 cr from equities in Oct; rebound least expected in 2020

During January-May 2020, mutual funds (MFs) made a net investment of more than Rs 40,000 crore in stock markets, data available with the Securities and Exchange Board of India (SEBI) showed.

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Cut-off time for mutual funds to be restored from Monday: Sebi Cut-off time for mutual funds to be restored from Monday: Sebi

"It is decided that the cut-off timings for applicability of NAV (Net Asset Value) for both subscription and redemption for all schemes, may be restored to normal cut-off timings on accordance with various circulars issued by Sebi in this regard," the regulator said in a letter to industry body Amfi on Friday.

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Sebi introduces flexi cap category in mutual funds Sebi introduces flexi cap category in mutual funds

Securities and Exchange Board of India has given a green signal to the introduction of a flexi cap category in mutual funds.

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Sebi doubles overseas investment limits for mutual funds Sebi doubles overseas investment limits for mutual funds

Limit raised to $600 m per fund house; mutual funds can make investments in foreign ETFs of $200 m per fund house

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SIPs in Mirae Asset Emerging Bluechip Fund capped at Rs 2,500 per month SIPs in Mirae Asset Emerging Bluechip Fund capped at Rs 2,500 per month

“Mirae Asset Emerging Bluechip is a scalable product and a gradual inflow may benefit our investors,” said the fund house in a communication to investors.

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Investors give asset allocation a miss in Covid times: Cafemutual Survey Investors give asset allocation a miss in Covid times: Cafemutual Survey

In a recent survey conducted by Cafemutual, 28% mutual fund distributors said most of their clients did not make changes to their investment portfolio to maintain asset allocation.

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Franklin Templeton Mutual Funds' six shut schemes generate Rs 438 crore Franklin Templeton Mutual Funds' six shut schemes generate Rs 438 crore

The total cash flows received by the six shut schemes have gone up to Rs 8,741 crore since closing down of the schemes in April, the fund house said in a statement.

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Mutual funds offer transparent, cost effective investment options to all investors: Amfi Mutual funds offer transparent, cost effective investment options to all investors: Amfi

Mutual funds offer one of the most transparent and cost effective investment options to all categories of investors, irrespective of gender or financial constraints and other considerations, Surya Kant Sharma, Senior Consultant - North India, Amfi said.

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Mutual funds raised stakes in these 10 stocks Mutual funds raised stakes in these 10 stocks

Institutional investors lapped up the Rs 10,600 crore shares sold by the bank's promoter, Bandhan Financial Holdings, to meet RBI's ownership rules. The stock is down 7 per cent since June 30.

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Nippon Life India AMC launches EFT Nifty CPSE Bond Plus SDL Fund Nippon Life India AMC launches EFT Nifty CPSE Bond Plus SDL Fund

The New Fund Offer (NFO) opens on 3rd November 2020 and closes on 9th November 2020. The minimum investment required during NFO is Rs 5,000 and in multiples of Re 1 thereafter.

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Nippon Life Asset Management PAT rises 6% Nippon Life Asset Management PAT rises 6%

Nippon Life Asset Management saw its profit after tax (PAT) rise 6% to Rs 145.23 crore in the September quarter, compared to Rs 136.73 crore in the same period a year ago.

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Aditya Birla Mutual Fund Plans Rs 2,500-crore Public Issue Aditya Birla Mutual Fund Plans Rs 2,500-crore Public Issue

Aditya Birla Mutual Fund, among India’s top five asset managers, is in talks to raise up to ₹2,500 crore in an initial public offer (IPO).

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Mirae Asset launches two passive ESG funds Mirae Asset launches two passive ESG funds

Both the funds will be managed by Bharti Sawant and will be benchmarked against the Nifty 100 ESG Sector Leaders Index (TRI).

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Is there an appetite for niche mutual fund products among retail investors? Is there an appetite for niche mutual fund products among retail investors?

In recent times, niche or theme-based equity products based on themes such as multi-asset, Exchange Traded Funds (ETFs) based on smart-beta strategy, Environment Social Governance (ESG) and special situations have been launched.

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Necessary to appeal aspects of the order, says Franklin Templeton Necessary to appeal aspects of the order, says Franklin Templeton

The fund house will also endeavor to seek appropriate directions from the court regarding return of cash of over Rs 5200 crore currently accumulated in the four cash positive schemes, and with regard to any additional cash it receives while the matter remains under the consideration of the Karnatka High Court.

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Karnataka High Court asks Franklin MF to not proceed with winding up of schemes without investor consent Karnataka High Court asks Franklin MF to not proceed with winding up of schemes without investor consent

"We are studying the order issued by the Hon'ble Karnataka High Court and will take appropriate steps in consultation with legal experts in the best interest of unit holders," said Franklin Templeton.​​​

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‘60% of ELSS funds failed to beat their benchmark’ ‘60% of ELSS funds failed to beat their benchmark’

Around 60% of Equity Linked Saving Schemes or tax saving mutual funds failed to beat their benchmark in the one-year period ending June, according to S&P indices versus active SPIVA India scoreboard.

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