Equity mutual fund schemes continued to post outflows for the fourth consecutive month as repayment pressure continued, while the systematic monthly investment plan (SIP) increased slightly. According to data from the Association of Mutual Funds in India (AMFI) released on Monday, the net outflow from equity mutual fund schemes was …
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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 …
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“We believe that UTI AMC will generate great interest from an investor as AMC’s business has a high RoE and a cash generating business. AMC HDFC is trading at 12.8% and Nippon AMC at 9% June AUM Now, the ultimate demand for UTI AMC would depend on what valuation the …
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Nilesh Shah, President of Amfi and Managing Director of Kotak Mahindra Mutual Fund, has asked Sebi to form a new category, called the ‘flexi cap’ to avoid a major disruption to existing multi-cap funds amid new allocation rules of purse. Nilesh Shah discussed the option with distributor partners a few …
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Sebi, in its latest circular on multi-cap fund portfolio allocation, has made it mandatory for such schemes to invest at least 25% in large-cap, mid-cap, and small-cap stocks. Currently, there is no market cap restriction for multi-cap funds. Dhirendra Kumar, CEO of Value Research, calls it a “puzzling new regulation …
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Sebi, in a circular, announced on Friday a new set of portfolio allocation rules for multi-cap mutual funds where the Market Regulator made it mandatory for multi-cap funds to invest a minimum of 25% of their portfolio each in stocks. large cap, mid cap. and small-cap companies. To comply with …
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Sebi changed the portfolio allocation rules for multi-cap equity mutual fund schemes on Friday. Under the new rules, multi-cap mutual funds must invest at least 75% in stocks. Currently, the minimum capital allocation must be 65%. Also, in the future, these schemes will have to invest at least 25% each …
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Sebi, in a recent circular, changed the asset allocation rules for multi-cap funds on Friday. According to the Sebi circular on ‘Asset Allocation of Multi-Cap Funds’, changes to the portfolio allocation of multi-cap schemes have been made to achieve diversification. The circular said: “In order to diversify the underlying investments …
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I am a 23 year old recently graduated student. I recently started working in an IT company. I am winning close to ₹38,000 per month. Spending around ₹15,000 in my rent and monthly food expenses. Rest, all are my savings. I have no liabilities. I want to buy my own …
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[ad_1] The Franklin Templeton Mutual Fund on Friday offered an unconditional apology to market regulator Sebi over the comment from its senior official that the sudden regulatory changes were to be blamed for its sudden decision to liquidate six debt mutual fund schemes. The fund house claimed that the media …
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