The buy-to-sell ratio of equity funds reached an 18-month high of 2.1 in August helped by the new fund offers (NFOs) from sector funds, according to data from the Association of Mutual Funds in India (AMFI). This compares with the long-term average ratio of 1.6. A ratio greater than two indicates that buying inflows are … Read more
The mutual fund industry AUM has hit an all-time high of Rs 66.70 lakh crore, led by net inflows across open-ended categories and mark-to-market (MTM) gains in the equity market. The industry AUM rose by 2.7% or Rs 1.74 lakh crore in absolute terms from Rs 64.97 lakh crore in July, according to a monthly … Read more
With the stock market experiencing fluctuations in a highly volatile environment, mutual fund investors find themselves in confusion on how they should proceed with their investments. On one hand, there is a fear about a potential correction in the market as that is already at high levels. On the other hand, the bullish phase of … Read more
Quant Mutual Fund has crossed Rs 1 lakh crore asset under management (AUM) in August. The fund house has over 81 million unique investors within just a few years, according to a release by the fund house. The fund house mentioned that, “At quant, we are today acknowledging our emotional connection with our stakeholders, which … Read more
Franklin Templeton Mutual Fund has announced the launch of Franklin India Medium to Long Duration Fund, an open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 and 7 years with relatively high interest rate risk and relatively moderate credit risk. The new fund offer or NFO … Read more
The sectoral and thematic funds ruled the return chart in August and offered up to 9.37% return, a data crunching by ETMutualFunds showed. There were around 590 equity and equity oriented mutual funds in the said period. WOC Pharma and Healthcare Fund, the topper in the list, gave 9.37% return in August. Two international funds … Read more
Mumbai: Mutual funds plan to request the Securities and Exchange Board of India to relax maturity norms for additional tier-1 bonds to encourage fund houses to invest in these relatively high-yielding debt instruments that banks issue to shore up equity capital. “The Securities and Exchange Board of India (Sebi) has provided some leeway when it … Read more
Around 16 equity mutual funds have offered negative returns in the last one month. A deep dive into the data showed that out of 16 funds which offered negative returns, eight were from Quant Mutual Fund. The first eight funds in the list of losers were from Quant Mutual Fund. Quant ELSS Tax Saver Fund … Read more
After offering the highest return in one and three year period, PSU theme based mutual funds have offered the second lowest return of around 4.34% in the last three months. In a three and one year period, these funds have offered 46.78% and 87.36% returns, respectively. Around six PSU funds have completed three months of … Read more
Financial planners believe first-time investors in mutual funds can consider an aggressive hybrid equity fund to start with given that it combines two asset classes and is likely to be less volatile as compared to a pure equity fund. WHAT ARE AGGRESSIVE HYBRID FUNDS? Aggressive hybrid funds invest between 65% and 80% of their total … Read more
