MF News

How does a fund manger pick stocks? Does she adopt a buyand-hold approach to investing or does she chase momentum in the hunt for returns? For the lay investor, it is often difficult to grasp a fund managers approach. However, some easily available metrics can reveal a lot about a fund managers investment style. The portfolio turnover ratio or churn is one such metric.

Around 10-11 AMCs have started providing feeds of direct plans to SEBI Registered Investment Advisors.

Gold exchange traded funds (gold ETFs) or the so-called paper gold schemes were once very popular when the yellow metal witnessing a steady surge. But with gold losing sheen over the past couple of months, investors have started withdrawing money from these schemes in hordes, leading to a sharp drop in the asset under management (AUM) of gold ETFs in India.

Yes, the equity markets have fallen 8.66% (Sensex fall till June 12) in last three months and the volatility seen in recent times suggest that the equity market is searching for directions.

Some AMC officials believe it is necessary to hire a financial advisor while others manage their investments on their own.

Shalini Dhawan of Plan Ahead Wealth Advisors speaks to Cafemutual on the sidelines of Council of Financial Planners (COFP) India 2015 Annual Convention on how advisors can overcome the challenge of asking fee from clients.

Indian equity markets have retreated nearly 8% from their peak of around 30,000 in the first week of March and, while equity schemes have mirrored this decline to a great extent, some of them have managed to restrict their losses better than others.

Mutual fund managers pumped in over Rs 40,000 crore in debt markets during April-May this fiscal primarily on account of improved business sentiments.

R Ganesh was Managing Director at Blackrock Inc.

After being overlooked by investors for several years, the Indian mutual fund industry witnessed a renewed momentum in FY15, registering over Rs 68,000 crore of net inflow in equity schemes.

The trade body is said to have sought feedback from fund houses on what construes ‘mis-selling’.

Fund houses are expected to give their feedback on this issue by June 12.

In an interview with CFA Institute Magazine, Tom Brown, global head of investment management at KPMG, discusses the coming cultural and technological disruptions facing investment managers, the implications for new hires and career management, the search for the “Apple factor” in financial services firms, and even the possibility of tech giants (such as Amazon and Google) entering the investment business.

The asset base of equity mutual funds surged 72 per cent to over Rs 3.25 lakh crore at the end of May compared with the previous year on the back of retail investors pouring money into these schemes.

As many as 36 mutual fund schemes across the fund houses managing your money had put funds in shares of Nestle India, worth Rs 314 crore. In the last one month, share price of Nestle has come down from Rs 7,000 per share to Rs 5,500 per share, a drop of around 21 per cent.