MF News

Majority of fund houses witnessed outflows in the first quarter of FY 2023. This has happened after seven quarters.

The company may soon start tying up with MFDs to expand its reach.

17 new stocks including newly listed Delhivery, Manyavar and Motherson Sumi Wiring make it to the midcap category.

The regulator also imposes fine on CEO Ajit Menon and other senior officials.

This monsoon, expect a rain of NFOs

PGIM India, PPFAS and Mahindra Manulife see the highest percentage growth in the number of folios.

In the upcoming episode of ‘Lessons from Masters’, Lovaii Navlakhi will simplify evaluating client needs and requirement. He will also help us bridge the gap between aspirations and reality.

Of the total 8,254 investor complaints in the last six months, over 60% complaints are related to non-receipt of transaction OTP, SIP confirmation status and incorrect data.

SEBI said the AMC violated several regulations by investing in Essel group companies and failing to pay FMP investors on time.

In a recent best practices circular, AMFI had made it clear that folios should have phone number and email ids only of the investor or his/her family.

Investing in these funds may help lock funds at reasonably attractive levels and offer an opportunity to ride the bond market rally.

Delhi MFD association has approached AMFI requesting to reconsider their decision on the new ARN renewal norms.

Based on FAQ of UTI Mutual Fund, we have prepared this piece to address common queries of MFDs on MF schemes that offer ULIPs.

Dhawal Dalal of Edelweiss MF, Gurvinder Singh Wasan of JM Financial AMC, Lakshmi Iyer of Kotak MF and Sandeep Bagla of Trust MF tell us how July 2022 looks for the debt market.

Ashutosh Bhargava of Nippon India MF, Srinivas Rao Ravuri of PGIM India MF and Vinay Paharia of Union AMC share with us their outlook on equity market, sectoral preferences and fund recommendations for the coming month.