Mumbai: Retail investors continued to pour money into equity mutual funds through systematic investment plans (SIPs) and lump-sum allocations. Equity mutual funds, led by thematic funds, received ₹37,113 crore in July, as against ₹40,608 crore in June. Flows through SIPs into mutual funds increased, touching a new monthly record of ₹23,332 crore compared to ₹21,262 … Read more
“Investors are now favoring multi-asset and hybrid funds, which provide the advantage of equity taxation. This shift indicates a trend where investors seek to optimize their tax efficiency,” says Pankaj Shrestha, Head – Investment Services, Prabhudas Lilladher. In an interview with ETMarkets, Shrestha said: “Investors today are more aware that, in the long term, equities … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “Reliance and HDFC will hold the Nifty while the midcaps may have some more consolidation and profit booking because of their sharp runup and due to equalising because of the SEBI diktat for mutual funds on the small midcap holdings. But it is a broader market opportunity to buy. … Read more
Financial planners believe long term equity investors can consider an investment in large and midcap schemes. They could start a long term systematic investment plan (SIP) in this category which can give dual benefits of stability offered by large caps and the growth potential of midcap companies. WHAT IS A LARGE AND MIDCAP FUND? Large … Read more
Mumbai: Kotak Mutual Fund will restrict flows into its small-cap scheme from March 4, joining the likes of Nippon and Tata in limiting investments into this product category as elevated share valuations have made it challenging for fund managers to handle continuous flows. The fund house said in a notice that fresh subscriptions through lumpsums … Read more
Mumbai: Long-term equity investors eyeing a thematic allocation and believe India is well positioned to become the next manufacturing hub, can consider a small allocation to the new fund offer of the Canara Robeco Manufacturing Fund. Conservative equity mutual fund investors can use systematic investment plans (SIPs) to invest in diversified equity mutual fund schemes … Read more
