Written by Khushboo Narayan, George Mathew, edited by Explained Desk | Mumbai | Updated: March 13, 2021 5:00:15 pm The decision of the Securities and Exchange Board of India (Sebi) to impose restrictions on mutual fund (MF) investments in additional Tier 1 (AT1) bonds has caused a storm in the …
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During the early hours of trading Tuesday morning, SGX Nifty was observed trading more than 100 points lower. Stock Market News Today | Sensex, Nifty, stock prices LIVE: Sensex and Nifty rose to new highs Monday morning following the optimism of the vaccine. S&P BSE Sensex now stands at 48,176 …
Read More »The mutual fund industry in a bind over Sebi’s new rules for executing trades
The ruling by the Securities and Exchange Board of India (Sebi) prescribing standards for the execution of trades could open a Pandora’s box for the mutual fund industry. The regulations, which were notified in late October and establish a code of conduct, have raised privacy concerns and may lead to …
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NEW DELHI: Pan-global ‘vaccine optimism’ and inflow of foreign funds (more than Rs 1.5 million lakh crore since January) continue to drive benchmark BSE sensex to new highs, with the index breaking the 47,000 mark on Friday. The gain came even as the Covid-hit economy entered a technical recession, with …
Read More »Franklin Templeton Asset Management (India) says investors may lose money if plan is rejected
Franklin Templeton Asset Management (India) Pvt. Has warned investors of potential losses if they vote against its plan to liquidate more than $ 4 billion in debt funds that it froze earlier this year. Electronic voting will take place December 26-28 on the asset manager’s plan, according to a company …
Read More »Franklin Templeton investors should expect more; SC suspends redemption of debt funds, questions SEBI
Hence, it is better to clarify, to save more setbacks, with the Supreme Court of India. The wait for Franklin Templeton debt mutual fund investors has been lengthened with the Supreme Court today ordering a stay of redemption by investors of the six additional schemes. The Apex Court also questioned …
Read More »80% of positive equity mutual fund plans, yielding up to 53% return in 1 year
BSE Sensex, the benchmark index hit its all-time high on Monday, led by positive signals as the results of the US elections sparked risk appetite globally. Sensex was at 42,417.35, 524 points higher, while Nifty was at 12,427 in the opening session. This past week was remarkable for the equity …
Read More »Sebi introduces flexicap category in mutual funds
MUMBAI: Market regulator Sebi has introduced a ‘flexicap category’ in mutual funds. Schemes in this category must invest at least 65% of their corpus in stocks. However, there are no restrictions in terms of large, medium or small cap allocation. In September, Sebi had introduced new rules for multi-cap funds, …
Read More »Your mutual fund may have too much cash
Every mutual fund scheme comes with a mandate to invest in certain types of securities. And at all times too. But each mutual fund scheme is allowed a small portion of its portfolio in cash. This is allowed to meet repayments or any “buy” opportunities that the fund may encounter …
Read More »With CAMS IPO, Investors Get Unique Game in India’s MF Industry
Computer Age Management Services Ltd (CAMS) is the first mutual fund transfer and registration agent to go public. It is also the market leader in the segment. It has a market share of around 70% in the mutual fund segment, based on average assets under management (AUM) for which the …
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