Here’s what the top three asset managers bought and sold.
What stocks India’s top three mutual funds bought and sold last month
1 min read . 13 Dec 2019- HDFC Mutual Fund held $21 billion in equities
- Financials accounted for 34% of stock assets
Mutual Funds
The interest rates are attractive when compared to what banks are offering on their fixed deposits
L&T Finance NCD issue: should you invest?
2 min read . 12 Dec 2019- The face value of each debenture is ₹1,000, and the minimum application amount is ₹10,00
- The lowest tenure of the NCD is 36 months where a retail investor will receive 8.45% interest
Savings is our opportunity to capture and secure our wealth. Photo: iStock
Mint50: Hand-picked mutual funds to build your portfolio
1 min read . 12 Dec 2019Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns
Consider the impact various taxes have on your mutual fund returns as post-tax return is what you finally get (Photo: iStock)
Four things that can be a drain on your mutual fund returns
5 min read . 11 Dec 2019- Scrutinize the impact that expense ratio, portfolio turnover, exit load and tax rules have on your returns
- Evaluate a fund’s ability to outperform the benchmark before signing up for higher expense ratios
As an investor you can change your mutual fund distributor simply by filing a form to that effect. Photo: iStock
Unhappy with your mutual fund distributor? Switching is not easy
2 min read . 10 Dec 2019- The vast majority of mutual fund ‘advisors’ in India are actually distributors of mutual funds
- This includes relationship managers in banks
Investors booked profits as benchmark equity indices rose 1.6% in November (Photo: Reuters)
Mutual fund investors cash out amid November market rally
2 min read . 09 Dec 2019- Net inflows at 41-month low, but SIPs continue steady rise to set new record
- The total amount collected through SIPs last month was ₹8,272.87 crore, compared with ₹8,246 crore in October
Among debt-oriented schemes, overnight funds — invest in securities with a maturity of one day — received flows worth about ₹20,650 crore, the highest among the fixed-income segment last month
Mutual funds' asset base hits all-time high of ₹27 lakh crore in November
1 min read . 09 Dec 2019- Fund managers attributed growth in the asset base to strong inflows of around ₹51,000 cr in debt-oriented schemes
- Mutual fund houses witnessed an overall inflow of ₹54,419 cr last month as compared to ₹1.33 lakh cr in October
Chandresh Nigam, MD and CEO, Axis Mutual Fund
‘Economy is close to its bottom and we’ll see a slow and steady recovery’
4 min read . 09 Dec 2019- Chandresh Nigam of Axis Mutual Fund believes the markets are set to gain some more as the economy sets on a path of recovery over the next few quarters
- Quality large-cap companies are better positioned to adapt to a challenging macro environment
The advantage of liquidity will only be known once the ETF actually starts trading on the stock exchange (Photo: iStock)
Should you subscribe to newly launched Bharat Bond ETF?
6 min read . 09 Dec 2019- It is a good option for investors seeking low risk, predictable return and a reasonable level of liquidity
- The ETF will hold bonds to maturity and, hence, you will lock in the yield prevailing at the time of investment
Photo: Mint
Franklin Templeton Mutual Fund writes down exposure to Essel Infraprojects
1 min read . 06 Dec 2019- Franklin Templeton AMC has written down 50% of its roughly ₹500 crore exposure to the company
- A person with knowledge of the matter who declined to be named said that the exposure was backed by collateral of shares in Zee Entertainment and Dish TV
Debt mutual funds: Which type of funds to go for depends on the duration of your investment horizon (Photo: iStock)
Mint50: Hand-picked mutual funds to build your portfolio
1 min read . 04 Dec 2019Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns
Bharat Bond ETF: The minimum investment amount will be ₹1000
Bharat Bond ETF: 10 things to know about India's first corporate bond ETF
2 min read . 04 Dec 2019- Bharat Bond ETF will invest in a portfolio of bonds of govt-run companies and other government entities
- Bharat Bond ETF will have a fixed maturity of three and ten years
The debate between active and passive investing has been long and inconclusive. (Photo: iStock)
Should you invest in ETFs or active large-cap funds?
5 min read . 04 Dec 2019- Large-cap indices are soaring but only a narrow sub-set of stocks is doing well
- Given the downturn in the economy it may become difficult for the stocks to maintain these levels
The average return of small cap funds in India over the past year is -0.86% and the average return of mid cap funds is 4.32%. (Mint)
Worried about falling GDP growth? These 3 mutual funds can insulate you
2 min read . 04 Dec 2019- Corporate profits are tied to GDP figure and hence your equity mutual fund returns will also be several impacted by the slowdown
- International funds based out of India, invest in most of the world's major geographies including the USA, Europe, Japan, China and even Brazil
KFin is currently RTA for 23 different mutual funds
Karvy Fintech dissociates itself from the Karvy Group, becomes KFin
1 min read . 02 Dec 2019- KFin is a Registrar and Transfer Agent for mutual funds and a Central Record Keeping Agency for the NPS
- SEBI has passed an interim order against Karvy Stockbroking barring the firm from taking on new clients
when a star fund manager departs, we put the fund on a watchlist, until the robustness of the above model is proven, says Shyam Sunder, Managing director, PeakAlpha Investment
What should investors do when a star fund manager exits?
4 min read . 02 Dec 2019The mutual fund industry has seen many fund manager exits in the last few years. The exit of a fund manager is an event that investors can’t ignore. Renu Yadav spoke to experts to find out what the best way for investors to handle a manager’s exit is
Altogether 12 schemes of SBI Mutual Fund had exposure to the company, many of them close ended funds that are set to mature in 2020. (Photo: iStock)
SBI Mutual Fund writes down its entire exposure to Reliance Home Finance
1 min read . 01 Dec 2019- SBI Mutual Fund had earlier on 28th June 2019, written down its exposure to Reliance Home Finance by 75% and its current write down wipes out the balance 25% value of this debt
- SBI Mutual Fund had an exposure of around ₹800 crore to the Reliance Home Finance of which the remaining ₹200 crore was written off
Credit Risk Funds have been in the eye of the storm in India’s ongoing debt crisis (Photo: iStock)
HDFC Mutual Fund writes down exposure to Simplex Infrastructures
1 min read . 28 Nov 2019- The paper was present in HDFC Credit Risk Fund but constituted a relatively modest 0.73% of assets on the date of the downgrade or ₹124.11 crore
- On 26th November, CARE Ratings downgraded bank facilities worth ₹10,500 crore and NCDs worth 495 crore issued by Simplex from BBB to BB+
Debt mutual funds: Which type of funds to go for depends on the duration of your investment horizon (Photo: iStock)
Mint50: Hand-picked mutual funds to build your portfolio
1 min read . 28 Nov 2019Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns
Photo: iStock
'MFs unlikely to get priority in DHFL refund, haircut imminent'
2 min read . 27 Nov 2019- Sector experts are of the view that fund houses cannot themselves prsessure the promoters for refund
- Mutual fund houses want the Wadhawans, the promoters of DHFL, to arrange funds and pay back their dues
