MF News

People who do not belong to any of the Indian states or Union territories own a significant amount of investment in equity mutual funds in the country, according to data published by the MF sector.

Is the stock market providing a good entry point post the correction?

Even though international equity funds are not doing well compared to their domestic counterparts, fund houses are still bullish on such products and have aggressive plans to launch more global equity products going forward.

For investors willing to stay invested in stocks for the next 20 years it is important to find mutual fund schemes with a track record. ET identifies five MF schemes which have been in existence for the last 20 years and have returned an average of 20% every year.

The gold monetisation scheme aims to unlock the value of the aam aadmis gold jewellery lying in a locker. This is why the minimum deposit has been kept as low as 30 grams and returns have been made tax-free to sweeten the deal.

Its unsettling times in the stock market. Rattled retail investors are looking at ways to remain invested without adding on risks.

The AUM of equity funds touched an all-time high of Rs. 3.65 lakh crore in May.

The trade body may allow ‘upfronting’ of trail in ELSS and SIPs.

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.

While Axis has added 4.44 lakh folios in FY 2014-15, emerging fund houses like BNP Paribas, Mirae Asset and Motilal Oswal have added over 25,000 folios each last fiscal.

Both HDFC MF and ICICI Prudential MF have added close to 7 lakh folios in FY 2015.

Automation and improved customer service has resulted in a decline in the number of complaints received from investors.

The downside in the stock market is limited for the next 6-12 months, Prashant Jain, Executive Director and Chief Investment Officer, HDFC Mutual said in a panel discussion titled ‘Mutual Fund Café’ on CNBC-TV18. Other participants were S Naren, CIO, ICICI Prudential Mutual Fund, Mahesh Patil, co-CIO, Birla Sunlife Mutual Fund, and Harsha Upadhyaya, CIO, Kotak Mahindra Mutual Fund.

However, SEBI may seek relaxation on service tax for distributors earning less than Rs.10 lakh from the the Ministry of Finance.

The Bogleheads’ Guide to Investing covers a wide range of topics, including insurance, behavioral economics, modern portfolio theory, and tips on saving money.