MF News

Here’s what has happened in the MF industry in the month gone by.

There is a belief that you cannot generate alpha in large cap funds. However, it is a myth. There is enough money to be made with less volatility and low probability of capital loss in the large cap compared to small and micro cap, says Anoop Bhaskar, Head- Equities, IDFC MF.

MFDs using nomenclature like advisor/IFA/ wealth manager in their company name will have to incorporate changes by December 31, 2020 to comply with the RIA regulations.

Ajay Tyagi, SEBI Chairman has urged fund houses to live up to the expectations of investors in carrying out fiduciary responsibility towards them.

Fee under AUA model is capped at 2.5 percent on the total assets per family per annum.

The share of B30 cities in the total MF industry AUM has hovered around 15-17% over the last four years, said SEBI Chairman Ajay Tyagi.

A Balasubramanian, Ashutosh Bishnoi, Saurabh Nanavati and Sundeep Sikka were reelected as directors.

SEBI Chairman Ajay Tyagi has asked fund houses to outperform their respective benchmarks.

In an address at the 25th AGM of AMFI, SEBI Chairman Ajay Tyagi laid out the roadmap to ensure a smoother functioning of debt funds. Here are the details.

SEBI has asked fund houses to keep their scheme portfolio true to label.

The upcoming episode of Cafemutual 'Mindful Musings' will share actionable tips and ideas to decouple the success of distribution business from the cyclical nature of the markets.

Recent AMFI data shows SIP inflows in debt funds has gone up. However, declining SIP inflows in equity scheme draggeddown the overall numbers.

In large caps, banks and information technology companies were top picks by the AMCs.