All stories by Abhishek Kumar
Vix Signals More Market Turbulence
Rediff.com6 Aug 2024'Despite the current uncertainties, the long-term outlook remains constructive due to strong fundamentals, government initiatives, and a stable banking sector.'
MAF's Steal A March Over BAF's
Rediff.com31 Jul 2024Multi-asset allocation funds emerged as the most popular option for MFs as they provided the needed flexibility.
MFDs cash in big: Commissions jump over 20% on market liftoff
Rediff.com29 Jul 2024Commissions paid to mutual fund distributors (MFDs) increased by over 20 per cent for most large fund houses in 2023-24 (FY24), driven by a sharp market rally and strong inflows. The largest fund house, SBI Mutual Fund (MF), which now manages nearly Rs 10 trillion in assets, paid Rs 2,025 crore to its major distributors - 21 per cent higher than the Rs 1,675 crore payout in 2022-23 (FY23).
Budget & MFs: What You Must Know
Rediff.com24 Jul 2024While the minimum holding period for LTCG taxation has now been lowered, the tax outgo could be a bit higher under the new structure.
Fraud detection framework: Quant MF affair triggers rush to apply new rules
Rediff.com17 Jul 2024The possible instances of front running at Quant Mutual Fund have likely pushed the Securities and Exchange Board of India (Sebi) to expedite the implementation of an institutional mechanism framework designed to curb such market abuses. This framework, approved by the Sebi board in April, was slated to take effect six months after its notification. But, recent developments have set the wheels of regulation turning faster.
What Are Quant Funds?
Rediff.com16 Jul 2024Quant funds are a unique offering in the MF space as the investment decisions are driven by a blend of active and passive strategies.
What Are Quant Funds?
Rediff.com16 Jul 2024Quant funds are a unique offering in the MF space as the investment decisions are driven by a blend of active and passive strategies.
Investors Redeem Rs 10K Crore From SIPs Every Month!
Rediff.com16 Jul 2024'In an economy that is set to double in the coming years, stopping SIPs will take investors out of this growth path.'
MFs rake in record Rs 14,370 cr via equity NFOs in June
Rediff.com15 Jul 2024A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore - the highest ever via such introductory offers. This surpassed the previous high recorded in July 2021, where four NFOs accumulated Rs 13,709 crore, with ICICI Prudential MF's flexicap NFO alone mobilising Rs 9,808 crore.
'No Derating Due To Coalition Govt'
Rediff.com27 Jun 2024'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'
HNI Investors Grow, Retail Investors Dip
Rediff.com20 Jun 2024'Indian investors have always been debt-heavy but with growing financial awareness they are getting comfortable with equities.'
Coming! Changes In Mid Caps, Large Caps
Rediff.com19 Jun 2024Midcap stocks Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch, and Samvardhana Motherson are expected to earn upgrades.
Active versus passive schemes: Smallcap funds triumph their benchmarks
Rediff.com18 Jun 2024Active equity mutual fund schemes have improved their showing across key categories over the past three months vis-a-vis their benchmarks.
Markets Calm, MF Launches Accelerate
Rediff.com15 Jun 2024'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'
Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag
Rediff.com14 Jun 2024Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.
MF Reduced PSU Holdings Pre-Election
Rediff.com13 Jun 2024In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.
Equity mutual funds surge to historic Rs 34,697 crore inflows in May
Rediff.com11 Jun 2024Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. The Rs 34,697 crore net inflows into actively managed equity funds last month surpassed the previous high of Rs 28,463 crore recorded in March 2022. In April 2024, equity schemes had garnered nearly Rs 19,000 crore.
MF Platforms Faulted for Selloff Delay
Rediff.com7 Jun 2024Several investors wanting to invest in mutual fund schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.
How Many MF Investors In India?
Rediff.com20 May 2024The MF investor count, which stood at around 38 million in April 2023, has surged by 19 per cent in the past year.
'Election results not to have long-term effect on markets'
Rediff.com15 May 2024'If the majority falls short of expectations, it may prompt initial adjustments in investor sentiment.'