Posts Tagged “funds’”

Motilal Oswal Mutual launches 4 index funds

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Motilal Oswal Mutual launches 4 index funds

Motilal Oswal Asset Management Company has launched four passively managed index funds — Midcap 150 Index Fund, Nifty 500 Index Fund, Nifty Bank Index Fund and Nifty Small-cap 250 Index Fund. The new fund offer of all these funds will be open till August 30 and the cost of managing fees is low as it…

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Australian, Canadian pension funds pledge $2 billion in NIIF

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Australian, Canadian pension funds pledge $2 billion in NIIF

The National Investment and Infrastructure Fund Ltd (NIIF) Tuesday said it has received commitments of about $2 billion from AustralianSuper, Australia’s largest superannuation and pension fund, and Ontario Teachers’ Pension Plan (Ontario Teachers’), one of Canada’s largest single-profession pension plans. These include commitments of $250 million each into NIIF’s master fund, and co-investment rights of…

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Why arbitrage mutual funds are becoming attractive

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Why arbitrage mutual funds are becoming attractive

They are an alternative to short-term debt funds offering better tax efficiency Arbitrage mutual funds, which are considered an alternative to short-term investment options such as liquid and ultra-short-duration funds, have been attracting investors’ attention of late. Data compiled from the Association of Mutual Funds in India show that assets under management (AUM) of arbitrage…

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Fund of Funds is a better fit for DIY investors

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Fund of Funds is a better fit for DIY investors

The budget had nothing much for mutual funds to talk about. But there is one provision that is likely to bring some cheer to a certain category of mutual funds—the fund of funds (FoF). FoFs are mutual fund schemes that invest in other mutual fund schemes. In other words, the scheme does not hold shares or bonds…

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50 hand-picked mutual funds to build your portfolio

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50 hand-picked mutual funds to build your portfolio

To rank mutual funds simply by highest past returns is an easy exercise and one that is likely to find the most interest—after all, investors want high returns—but it is not something that needs as much attention as a deeper evaluation of the funds in your portfolio does. This involves looking at consistency of returns,…

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Is it the right time to buy gilt funds?

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Is it the right time to buy gilt funds?

In an environment where many debt fund categories are under pressure, gilt schemes have had a solid run over the past one year – delivering 11-18 per cent returns, a bit more in the case of direct plans. Even longer term performances over three and five years looks good, with many schemes turning in near…

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What India’s three largest mutual funds bought and sold in June

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What India’s three largest mutual funds bought and sold in June

Inflows into Indian equity mutual funds jumped the most in three months in June as hopes for greater political stability and the central bank’s continued easing bolstered risk appetite. They took in ₹76.6 billion ($1.1 billion), according to the Association of Mutual Funds in India. That’s up from 54.1 billion rupees that the funds got in May, and…

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7 new rules Sebi has issued for mutual funds industry

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7 new rules Sebi has issued for mutual funds industry

The Securities and Exchange Board of India (SEBI) has introduced tightened norms for the close to Rs 26 lakh crore mutual fund (MF) industry. In the wake of the recent credit events in the fixed income market that had spiked MF liquidity risk, SEBI had constituted working groups representing AMCs, industry and academia to review…

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BT Insight: All you need to know about quant funds

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BT Insight: All you need to know about quant funds

DSP Mutual Fund has launched a new fund, DSP Quant, under which the stock selection will be done based on a predefined quantitative model with no human intervention. The new fund offer (NFO) is currently open and will close on June 3. This is not the first quant fund to have been launched in India….

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Switch from regular to direct mutual funds easier

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Switch from regular to direct mutual funds easier

Franklin Templeton Asset Management (India) Pvt. Ltd, one of India’s top 10 mutual fund companies in terms of assets under management (AUM), has upended the industry by abolishing exit loads charged to investors switching from regular to direct plans of its open-ended funds. The decision, which will take effect from 9 May 2019, is likely to encourage a…

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Investing in mutual funds? Size of fund doesn’t matter

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Investing in mutual funds? Size of fund doesn’t matter

The size of a mutual fund should not matter, and for the most part, it does not. However, this runs against a deep-set bias that investors have. When it comes to financial service providers (and many other businesses), customers like size. People seem to believe that a big shop, or a big retail chain or a big…

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DHFL funds breach Sebi’s group exposure limits

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DHFL funds breach Sebi’s group exposure limits

A key consequence of the debt market concerns surrounding groups like IL&FS, DHFL and Essel is that schemes exposed to these groups have seen significant outflows. As more liquid holdings were sold to meet redemption pressures, the share of relatively illiquid DHFL papers that they owned soared. So much so that they have crossed the limits prescribed…

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Personal loans: Four tips to get funds at low interest rate

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Personal loans: Four tips to get funds at low interest rate

Four tips to get the best personal loan at a low interest rate (Illustration: SHYAM Kumar Prasad) Source: Tax Guru A kind of an unsecured loan, a personal loan is a handy financial tool that is easy to apply and in most cases, hassle-free to repay. However, since you don’t secure the loan with a…

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What India’s top three mutual funds bought and sold in March

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What India’s top three mutual funds bought and sold in March

Inflows into Indian equity mutual funds hit a five-month high in March, induced by the rally that recently lifted the $2.2 trillion stock market to a record. Stock funds took in about 118 billion rupees ($1.7 billion), the highest since October, and more than double over the previous month, data from the Association of Mutual…

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