MF News

Norms like three-year lock in period and allocation based on weighted AUM concept draw criticism.

SEBI has asked fund houses to disclose risk level of the scheme and its performance with respect to benchmark along with performance disclosure.

Dhaval Shah, Co Fund Manager, Aditya Birla Sun Life Multi Cap Fund believes that the overall economy would witness growth acceleration in the next 3-5 years and expects multi-cap to benefit from the same.

In addition, these MF units has to be in actively managed open-ended schemes.

The fund house offers banking and PSU fund and liquid fund.

He is survived by his wife and a 14-year-old son.

While HDFC AMC recorded net profit of Rs.1326 crore, Nippon Life India AMC PAT for FY 2020-21 grew to Rs.680 crore.

Paytm Wealth Community will host webinars and post videos on stocks, IPO, ETFs, mutual funds and personal finance.

NFO opens for subscription on April 28 and closes on May 11.

These three fund houses have a collective share of 45% in the total B30 assets of the MF industry.

From Rs 1.50 lakh crore in FY17, annual contribution of household savings in mutual funds declined to Rs 44,400 crore in FY20: report

Ravi Gopalakrishnan, Head - Equity, Principal Mutual Fund believes that well run mid-sized companies have features of a large company like good governance structure and efficient capital allocation.

Aditya Birla Sun Life MF and Kotak Mahindra MF follow the top three.

Karthikraj Lakshmanan, Senior Equity Fund Manager, BNP Paribas Mutual Fund shares his opinion on attractive opportunities in the equity market.