Home > Mutual-fund

Mutual Funds

Due to the recent defaults in debt mutual funds, I do not want to add them to my portfolio. Which is the other best and safe debt investment option?
Due to the recent defaults in debt mutual funds, I do not want to add them to my portfolio. Which is the other best and safe debt investment option?

Which debt mutual fund is safe to invest?

  • I am investing in equities through mutual funds. I have three multi cap and one mid cap scheme in my portfolio
  • I am content with their performance

On 23 April Franklin Templeton had decided to shut down its suite of 6 debt schemes (Bloomberg)
On 23 April Franklin Templeton had decided to shut down its suite of 6 debt schemes (Bloomberg)

FIR lodged against Franklin

  • The FIR is based on a complaint filed by the Chennai Financial Markets & Accountancy, an investor group in May this year
  • This comes even as the Karnataka high court has finished hearing the arguments in the four investor petitions filed against the AMC against its decision to wind down these schemes

Photo: Mint
The steps in the works include: transaction cost for investors who redeem their investments from schemes which have become illiquid, a so-called backstop facility to buy the illiquid paper and mandating a minimum amount of investment in highly liquid assets such as g-secs and t-bills
The steps in the works include: transaction cost for investors who redeem their investments from schemes which have become illiquid, a so-called backstop facility to buy the illiquid paper and mandating a minimum amount of investment in highly liquid assets such as g-secs and t-bills

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

Shot of a figurine bull and chess pieces (Photo: istock)
Sebi chairman Ajay Tyagi; data from Value Research shows that three-fourths of multi-cap funds already have a higher allocation to mid- and small-cap stocks than the 23% weight they have in the top 500 stocks in the market.  (Photo: Mint)
Sebi chairman Ajay Tyagi; data from Value Research shows that three-fourths of multi-cap funds already have a higher allocation to mid- and small-cap stocks than the 23% weight they have in the top 500 stocks in the market. (Photo: Mint)

Why Sebi’s 9/11 strike on mutual funds has misfired

  • The regulator’s circular on multi-cap mutual funds hasn’t been well thought out. It needs to be quickly withdrawn
  • 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

Sebi chairman Ajay Tyagi said debt mutual funds must remember at all times that there is a difference between 'investing' and 'lending' (Photo: Mint)
(Illustration: Mint)
Sebi chairman Ajay Tyagi. (Mint)
Sankaran Naren, chief investment officer, ICICI Prudential Mutual Fund
The idea of investing on ESG parameter is at a nascent stage in India, but globally this is a well-entrenched concept in the field of investing. (iStock)
The idea of investing on ESG parameter is at a nascent stage in India, but globally this is a well-entrenched concept in the field of investing. (iStock)

What is ESG investing. Here's all you want to know

Currently there are three schemes in this space - Quantum India ESG Equity Fund, SBI Magnum Equity ESG Fund, Axis ESG Equity Fund. ICICI Prudential is also joining the bandwagon with a new fund offer.

Debt funds had seen inflow of  ₹2,862 crore in June,  ₹63,665 crore in May and  ₹43,431 crore in April
Debt funds had seen inflow of 2,862 crore in June, 63,665 crore in May and 43,431 crore in April

Debt MFs log outflow in Aug on withdrawal from overnight, liquid funds

Mutual funds (MFs) that invest in fixed-income securities or debt funds saw an outflow of 3,907 crore in August as compared with an inflow of 91,392 crore in the preceding month, Amfi data said

I have a moderate risk profile. Can I create a retirement corpus of  ₹2-3 crore? (Photo: Getty Images)
Nilesh Shah-led Kotak Mutual Fund manages Kotak Standard Multicap Fund, the largest scheme in the multi cap category holding assets worth  ₹29,700 crore.
From January 1, equity and debt mutual fund investors will get the purchase NAV of the day when investor's money reach the AMC. REUTERS/Kim Hong-Ji (REUTERS)
From January 1, equity and debt mutual fund investors will get the purchase NAV of the day when investor's money reach the AMC. REUTERS/Kim Hong-Ji (REUTERS)

Mutual fund buying rules changed. What NAV will be applicable?

  • At present an investment upto 2 lakh in an equity or debt mutual fund gets the NAV of the same day if the application is submitted before 1 p.m.
  • For higher sum, the NAV is applicable subject to realisation of funds
  • There is no change in the rules for liquid and overnight funds

Motilal Oswal Mutual Fund, in its note mentioned that the AMC is in touch with AMFI regarding representation to Sebi on various aspects of the circular. Photographer: Eva Marie Uzcategui/Bloomberg (Bloomberg)
Motilal Oswal Mutual Fund, in its note mentioned that the AMC is in touch with AMFI regarding representation to Sebi on various aspects of the circular. Photographer: Eva Marie Uzcategui/Bloomberg (Bloomberg)

Motilal Oswal Mutual Fund clarify investors of 'Multicap 35 Fund' on Sebi's rule

  • The AMC has asked its investors to show patience until the final solution is presented
  • Motilal Oswal Multicap 35 Fund is the third largest fund in the category with assets of 11,240 crore.

ICICI Prudential ESG Fund will be managed by Mrinal Singh, Deputy CIO- Equities and the benchmark is Nifty 100 ESG Index TRI. (iStock)
Vidyadharan has worked with CRISIL through most of his career, Photo: iStockphoto (iStockphoto)
The mutual fund industry in general is making representations to SEBI to reconsider the guidelines on portfolio allocation of multi cap funds. (Photo: iStock)
Photo: Reuters
×
My Reads Redeem a Gift Card Logout