Photo: iStock
Is your mutual fund holding too much cash?
1 min read . 21 Oct 2019- Equity funds usually have low cash levels as these schemes are vehicles meant for long-term investments
- Here’s a list of funds with the highest cash levels
Mutual Funds
According to the report, direct equity is the biggest component of financial wealth. (Reuters)
Individual wealth creation in India slows to 9.62%: Karvy India Wealth Report
1 min read . 17 Oct 2019- Financial assets grew at 10.96% compared to a 7.59% growth registered by physical assets
- The report also noted the shift in the composition of savings towards financial assets
The schemes in this list may not be the same as the ones that top the return league tables for the past year since these do not take into account parameters of risk and other features (Photo: iStock)
Mint50: Hand-picked mutual funds to build your portfolio
1 min read . 19 Oct 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
There are several SIP return calculators online that will help you do that. (Photo: iStock)
Get the arithmetic of compounding and growth right for long-term goals
1 min read . 16 Oct 2019When it comes to investing, especially for long terms, the first thing to get right would be the arithmetic of growth and compounding
HDFC MF, India’s top money manager, held about $20 billion in equities
What shares India’s top three mutual funds bought and sold last month
1 min read . 16 Oct 2019- Equity mutual funds received ₹6,610 crore billion rupees ($931 million) last month, according to AMFI data
- That’s 28% less than what the equity mutual funds got in August
Retail investors can shift to overnight funds for short time frames or ultra short funds for 3-6 months (Photo: Reuters)
SEBI notifies exit load on redemptions from liquid funds within 7 days
4 min read . 16 Oct 2019- The move is aimed at deterring corporates from using liquid funds to park their money for very short periods
- Big purchases and redemptions from corporates can amplify the risk in these funds for retail investors
Steps such as side-pocketing provisions, uniform norms on valuation in the event of credit downgrades and caps on sector and group exposure are welcome measures of protection (Photo: iStock)
One-size-fits-all approach towards debt funds can limit long-term returns
3 min read . 14 Oct 2019- With all categories of funds being given uniform credit and listing requirements, there cannot be much distinction in their universe of opportunities
- An investor comes to MFs only because she cannot directly participate in many accrual opportunities in the bond market
Inflows into SIPs have averaged about ₹8,000 crore for the 12 months till September this year.
Mutual fund investor bet big on SIPs: ₹49,000 crore in six months
1 min read . 14 Oct 2019- Currently, mutual funds have 2.84 crore SIP accounts
- Over the past few years, inflows through SIPs have been showing an upward trend
(Photo: iStockphoto)
Bank of Baroda to merge mutual fund arm with BNP Paribas AMC
1 min read . 11 Oct 2019- The consolidation will lead to greater business synergies and will also help in creating a complete range of schemes as well as larger sized schemes, the bank said
- Once the merger consummates, BoB will hold a 50.1% stake in the resulting asset management company
The schemes in this list may not be the same as the ones that top the return league tables for the past year since these do not take into account parameters of risk and other features (Photo: iStock)
Mint50: Hand-picked mutual funds to build your portfolio
1 min read . 09 Oct 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
Overall, mutual fund schemes witnessed a redemption of ₹1.52 lakh crore last month. (iStock)
Mutual fund inflow hits 4-month low on profit booking
1 min read . 09 Oct 2019- Investors continue to invest into equity mutual funds through SIPs while lumpsum flows remain a mixed bag
- Despite the decline in inflows, the asset base of equity mutual funds increased to ₹7.57 lakh crore
If you consider the Kotak Standard Multicap fund, the TER for its regular plan is 1.75% and that for its direct plan is 0.87%. (Photo: iStock)
Returns from direct MF plans higher than regular variants
2 min read . 09 Oct 2019- A set of funds would give you diversity in your holdings in the form of fund houses, fund management styles, fund categories, and more
- All mutual funds carry a fund management expense that is charged to the investor for managing the fund
The Essel exposure is also backed by shares of Zee Entertainment Enterprises as collateral
Aditya Birla Sun Life Mutual Fund writes down Essel exposure in 3 schemes
2 min read . 08 Oct 2019Over the past week Aditya Birla Medium Term Plan is down 2.07%, Aditya Birla Sun Life Dynamic Bond fund is down 1.89% and Aditya Birla Sun Life Credit Risk Fund is down 1.06%
Sundeep Sikka, ED and CEO, Reliance Nippon Life Asset Management
Reliance Mutual Fund is now Nippon India Mutual Fund
2 min read . 08 Oct 2019- Reliance Mutual Fund has been renamed as Nippon India Mutual Fund (NIMF) following a deal with the Anil Ambani group
- Reliance Mutual Fund used to be the leader in assets under management till a few years ago
The first or sole unit holder should be one of the holders of the bank account that is being registered (Photo: iStock)
How to add or delete a bank account to manage your mutual fund transactions
3 min read . 08 Oct 2019- Any change in the bank account has to be informed to the mutual fund company immediately so that there are no payout delays
- Investors can also add or delete bank accounts to the folio at any time within the limit of five bank accounts
Since leaving Flipkart in 2018, Sachin Bansal has been investing his wealth in various startups and lending institutions, largely in the form of debt. (Mint)
CCI gives nod to Bansal-led firm’s acquisition of Essel MF
2 min read . 07 Oct 2019- Bansal is also making yet another debt investment in non-bank lender U GRO Cap
- Sachin Bansal is doubling down on his bet on the financial services sector
For any money that you hold for an investment horizon of seven days to, say, two months, liquid funds are the best option (Photo: iStock)
Mutual funds you should choose to fulfil three specific goals
6 min read . 08 Oct 2019- When investing for a particular objective, look for the right fit and not for high returns
- For investors who need gold in the future, gold funds provide the most efficient way without the worries of purity, storage or insurance
A manager buys and sells scrips regularly, sometimes every day, to generate a return (Photo: iStock)
Is your mutual fund buying or selling stocks too much?
1 min read . 07 Oct 2019- If the portfolio turnover is greater than 100%, that typically means that the manager has churned the portfolio once over, completely
- A high turnover is not necessarily bad, but a consistently high turnover is not desirable unless the inherent strategy of the scheme calls for a high churn
Mid-cap funds saw a 28% and 12% upside vis-à-vis large-cap funds during 2014 and 2017. (iStock)
To go beyond the ordinary in your investing journey, consider mid-cap funds
4 min read . 07 Oct 2019When going for mid-caps, invest for at least five years and regularly via the SIP route
The government has decided to exercise the green-shoe option and retain the additional ₹4,368 crore worth bids received
Bharat-22 ETF gets bids worth ₹23,500 cr, govt to retain extra ₹4,368 cr
1 min read . 04 Oct 2019- In the anchor investor category, the offering was subscribed 27 times raising more than ₹13,500 crore
- Proceeds from the ETF will help the government meet its disinvestment target of ₹1.05 lakh crore for the current financial year
