News From Press

PGIM India MF and WFAN launch scholarship program for aspiring women financial advisors

As CEOs, heads of asset classes and fund managers, women in the mutual fund space are doing a great job and this women’s day we tell you about their remarkable work.

Priya Sunder, director & co-founder, PeakAlpha Investments

With an army of retail investors standing ready to buy any dip, those declines have grown shallower and shallower. The S&P 500 has gone without a 5% pullback since early November, or 83 straight days, the longest streak in a year.

A survey conducted by Groww found that 57% of younger millennial women are investing mainly towards their personal goals while 28% invest for their travel goals and 28% invest for higher education.

Two dozen AMCs don't even have a single women fund manager; only a couple have more than two

Many investors had started to directly participate in equity markets by opening their Demat accounts

In case fund manager of any specific scheme has strong view against the views of fund manager of the other schemes, the voting at scheme level will be allowed subject to recording of detailed rationale for the same.

The success of mutual funds will depend on how we transit to lower middle-income group & bottom of the pyramid and how we work towards expanding our network and move to rural India, Nilesh Shah, CII official said

Following the pandemic, there has been positive change among women towards health insurance, with many looking at health policies as preferred financial products to protect themselves against medical emergencies

The report throws light on the number of women fund managers over the last few years, the rise in the assets being managed by them and how those assets have performed viz a viz its category average over different time periods.

The recent market rally has propelled out-of-favour stocks and themes of earlier times. Should investors go for funds that invest in such stocks?

Sebi said no change in the control of an AMC, directly or indirectly, can be made unless prior approval of the trustees and the regulator is obtained, among other requirements.

ETFs storing gold for shareholders grew rapidly during the coronavirus crisis as investors amassed what they saw as a safe asset and central banks flooded markets with money, lowering bond yields and making non-yielding gold more attractive.