MF News

In this special year end edition, Kailash Kulkarni, Co-CEO, HSBC Mutual Fund shares with us what 2022 has taught him, his aspirations for the coming year and more.

The company plans to offer their platform to MFDs/RIAs.

Top MF executives share their outlook for the new year and also advice how to capitalise on the countless opportunities.

Top MFDs share their business learnings from the year gone by.

Here is a quick recap of important event that can have huge bearings on your business in days to come.

The MF industry has witnessed host of changes in 2022 like implementing stringent KYC norms, laying foundation stone for passives, making nomination compulsory.

Avnish Jain of Canara Robeco MF, Mahendra Jajoo of Mirae Asset MF and Pankaj Pathak of Quantum MF share their views on the debt market and pick the most suitable fund categories.

Chandraprakash Padiyar of Tata MF, Chintan Haria of ICICI Prudential MF and Trideep Bhattacharya of Edelweiss MF share their equity outlook and fund recommendations.

SEBI found that the fund house charged less TER in one of its ETFs to make its offering competitive. The fund house paid the difference amount from AMC’s book.

MFDs and NDs collectively commanded a 70% commission share in FY 2021-22.

Akhil Chaturvedi, Chief Business Officer, Motilal Oswal Mutual Fund believes that individual MFDs will manage assets of Rs.37 lakh crore by 2030, which is closer to the current industry AUM.

SEBI will scrutinize construction of index provided by exchange platforms, rating agencies and others.

SEBI found that the fund houses allegedly did inter scheme transfer which resulted into transfer of high-risk securities to low-medium risk schemes.

KRAs have clarified that they will not accept bank statement or passbook as the valid KYC document.

A report by Kotak Institutional Equities estimates while passive assets will grow by 25%, active equity funds may see 15% growth.