AMCs outline riders to exit small, midcap MFs in case of market crisis

Small and midcap schemes may impose restrictions on redemptions, cap employee withdrawals, and increase the exit load, while ensuring a proportionate liquidation of the portfolio during market......

AMCs' contribution to backstop fund for debt MFs tops target

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). Illustration:......

MFs hungry for bigger slice of banking pie amid growing investor inflows

Amidst growing investor inflows, mutual funds (MFs) are eyeing a larger slice of the banking sector. Photograph: Anindito Mukherjee/Reuters In the past few years, few of the major fund houses have......

Dividend fund managers see light in power stocks

The improving outlook for the power sector has caught the interest of dividend yield funds. Photograph: Mukesh Gupta/Reuters In the first four months of the current financial year (2023-24, or......