The FIR is based on a complaint filed by the Chennai Financial Markets & Accountancy, an investor group in May this year.This comes even as the Karnataka high court has finished hearing the arguments in the four investor petitions filed against the AMC against its decision to wind down these…View More FIR lodged against Franklin
Match your investment horizon to the debt fund category you pick. Pick eight to 10 schemes and revisit them every year Source: Livemint…View More Mint50 schemes to invest in
First assess why you chose to invest in multi-cap equity funds and reallocate your portfolio accordingly Source: Livemint…View More Sebi rule on multi-caps brings investors to the drawing board
The regulator’s circular on multi-cap mutual funds hasn’t been well thought out. It needs to be quickly withdrawn.From Sebi’s perspective, better disclosures and investor education are areas it should focus on, rather than take upon itself the matter of asset allocation of a multi-cap fund Source: Livemint…View More Why Sebi’s 9/11 strike on mutual funds has misfired
Sebi chief Ajay Tyagi remark comes against the backdrop of some mutual fund houses giving moratorium to borrowers in recent months on the lines of banks Source: Livemint…View More Mutual funds are not banks, shouldn’t behave like one: Sebi chief Ajay Tyagi
Equity funds usually have low cash levels as these schemes are vehicles meant for long-term investments Source: Livemint…View More Your mutual fund might be holding too much cash
Sebi chief AjayTyagi said multi-cap mutual fund schemes should be ‘true to label’.According to him, improper categorization of mutual fund schemes will lead to confusion and mis-selling Source: Livemint…View More Not forcing anyone to invest in small-caps, says Sebi chief AjayTyagi
‘There are areas where the markets are massively undervalued’.’I believe this is the right time to start SIP in themes like special-situation, banking, infrastructure, value-oriented’ Source: Livemint…View More S Naren of ICICI Prudential Mutual Fund suggests SIP in these undervalued themes
Currently there are three schemes in this space – Quantum India ESG Equity Fund, SBI Magnum Equity ESG Fund, Axis ESG Equity Fund. ICICI Prudential is also joining the bandwagon with a new fund offer. Source: Livemint…View More What is ESG investing. Here’s all you want to know
Mutual funds (MFs) that invest in fixed-income securities or debt funds saw an outflow of ₹3,907 crore in August as compared with an inflow of ₹91,392 crore in the preceding month, Amfi data said Source: Livemint…View More Debt MFs log outflow in Aug on withdrawal from overnight, liquid funds
What is the best investment strategy to create ₹3 crore for my retirement?Which mutual funds should I invest in? Source: Livemint…View More How to create a retirement corpus of ₹3 crore by investing ₹10 lakh?
‘We will not buy small and mid cap stocks if it doesn’t make sense for our unitholders contrary to what is being speculated on street,’ says Nilesh Shah, MD, Kotak Mutual Fund Source: Livemint…View More Nilesh Shah recommends new category to Sebi amid tweaks in multi cap fund rules
At present an investment upto ₹2 lakh in an equity or debt mutual fund gets the NAV of the same day if the application is submitted before 1 p.m..For higher sum, the NAV is applicable subject to realisation of funds.There is no change in the rules for liquid and overnight…View More Mutual fund buying rules changed. What NAV will be applicable?
The AMC has asked its investors to show patience until the final solution is presented.Motilal Oswal Multicap 35 Fund is the third largest fund in the category with assets of ₹11,240 crore. Source: Livemint…View More Motilal Oswal Mutual Fund clarify investors of ‘Multicap 35 Fund’ on Sebi’s rule
The New Fund Offer (NFO) of ICICI Prudential ESG Fund will open on September 21 and will close on October 05. Source: Livemint…View More ICICI Prudential Mutual Fund launches ‘ESG Fund’