UTI AMC promoter shareholders to raise ₹2,160 cr
Sets IPO price band at ₹552-554/share; IPO will open on September 29
by Business Line Sep 25, 2020
Sebi's reform list to de-stress debt MFs welcome, but raises doubt
Sebi's proposed initiatives, especially the setting up of a special purpose clearing corporation for repo in corporate bonds and the setting up of a backstop facility will boost liquidity and deepen corporate bond markets in India, said G Pradeepkumar, CEO, Union AMC
by Mint Sep 25, 2020
MF distributors call for halt on fresh purchases in multi-cap schemes
Switching from one scheme to another is treated as transfer and is subject to capital gains tax
by BS Sep 24, 2020
UTI AMC IPO slated to hit markets this month
Data from the Association of Mutual Funds in India show that UTI MF has an average assets under management of Rs 1.33 lakh crore during the April-June quarter.
by FE Sep 24, 2020
Sebi gives more time to MFs' trustees to appoint dedicated officer
Markets regulator Sebi gave time till January 1 to mutual funds' trustees for appointing a dedicated officer, who will assist them in monitoring various activities of asset management companies (AMCs)
by Mint Sep 24, 2020
Steps to adapt SEBI's 25-25-25 rule to suit your investment portfolio
Just as SEBI specified the allocation for multi-cap funds, you too can set a similar rule for your portfolio
by Money Control Sep 24, 2020
Pharma would outstrip FMCG in next 2 years by a significant margin: Andrew Holland
‘Money flows will come to Asia and India will capture quite a large slice of that.’
by ET Sep 24, 2020
What happens when you jump from mutual funds to direct equity
Despite having the power of choice, investors are often unable to create optimal portfolios as they get influenced by the ‘bling’ of certain investments and end up making decisions that might not align with their risk-return requirements.
by ET Sep 24, 2020
If you want to generate wealth, small and midcaps the only choice: Aashish Somaiyaa
‘I have always been a big votary of investing in small and midcaps and think these are necessary evils.’
by ET Sep 23, 2020
HDFC Life joins hands with Yes Bank to sell insurance policies
We aim to offer a comprehensive suite of product solutions and best in class servicing, leveraging our investments in technology, said Suresh Badami, executive director, HDFC Life
by Mint Sep 23, 2020
Sebi rule on multi-caps brings investors to the drawing board
First assess why you chose to invest in multi-cap equity funds and reallocate your portfolio accordingly
by Mint Sep 23, 2020
Why Sebi’s 9/11 strike on mutual funds has misfired
From Sebi’s perspective, better disclosures and investor education are areas it should focus on, rather than take upon itself the matter of asset allocation of a multi-cap fund
by Mint Sep 23, 2020
Not forcing anyone to invest in small-caps: Sebi chief on multicap rejig
The regulator, earlier this month, directed multi-cap funds to invest at least 25 per cent of their corpuses each in large-cap stocks, mid-caps and small-cap stocks.
by ET Sep 23, 2020
Start SIPs in banking, infra funds, says S Naren
While the Nifty is just 7% away from its life time high, many stocks banking and infrastructure space are yet to recover. Banking stocks and infrastructure stocks are sharply down from their yearly highs.
by ET Sep 23, 2020
Mutual Funds are not banks, shouldn't behave like one: Sebi chief Ajay Tyagi
Addressing members of industry body Amfi (Association of Mutual Funds in India) Tyagi said, debt mutual funds must remember at all times that there is a difference between 'investing' and 'lending' "Mutual funds are not banks and shouldn't attempt to behave like one," Tyagi added.
by Money Control Sep 23, 2020
