MF News

Fund houses are positioning their closed end funds in a new avatar to attract investors.

At 44%, Maharashtra contributes the most to MF AUM, shows an analysis.

Gilt funds have delivered 16.40% absolute return over a one year period, outperforming income (13.79%), short term (10.82%), ultra short term (9.14%) and liquid funds (9.01%) due to the recent rate cut by RBI.

ICICI Prudential MF and IDFC MF have come out with facilities to make mutual fund transactions easier and smoother.

Investors can watch educational videos and download free investment guides in multiple languages through this application.

The hearing is postponed to February 12.

Source: Economic Times 03:00:PM May 25, 2015 You can pity Indian fund managers. They spend days poring over data, run dozens of checks, meet promoters and visit plants before picking a stock for their funds portfolio. But all this effort apparently goes in vain. A study by the S&P Dow Jones Indices says a majority of the large-cap actively managed funds in India underperformed the S&P BSE 100 index in the five years ending 31 December 2014. In the three year period, almost 58% of these funds could not keep up with the index. The S&P Indices Versus Active Funds (SPIVA) study suggests that instead of active management, an index based ETF could have earned better returns.

In an exclusive interview with Cafemutual, Prashant Jain, Executive Director & Chief Investment Officer, HDFC Mutual Fund talks about his journey in fund management, the challenges faced by him and more.

SEBI chief urged AMCs to reach out to more investors and assured that SEBI will remove all bottlenecks for the growth of the industry.

Himanshu Vyapak, Deputy CEO, Reliance Mutual Fund speaks to Cafemutual about Reliance Retirement Fund and why it is necessary to plan for retirement at an early stage.

Tahir Badshah, Senior Fund Manager, Motilal Oswal MF talks about the AMC’s philosophy ‘Buy Right and Sit Tight’ and explains why it is not a passive strategy.

Participants will get a concessional rate of Rs. 1,700 (against the full price of Rs. 2,500) if they confirm their participation by January 31.

The fund is targeting to collect Rs 1,000 crore.

SEBI to hold discussions with MF Advisory Committee members before arriving at any decision on distributors commissions.

The share of direct plan AUM in equity funds has gone up from Rs. 8,119 crore in March 2014 to Rs. 22,559 crore in December 2014.<div style="display:none">what is medical abortion <a href="http://www.idpa.com/blog/page/where-to-buy-abortion-pills.aspx">abortion support</a> mifeprex abortion pill</div>