Posts Tagged “investors”

What should investors do when a star fund manager exits?

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What should investors do when a star fund manager exits?

The mutual fund industry has seen many fund manager exits in the last few years. Somendra Nath Lahiri, the chief investment officer of L&T Asset Management Co., is the latest in the list; he put in his papers in mid-November. At the fund house, Lahiri was managing nine schemes with assets under management of around ₹30,000 crore. Usually, the exit…

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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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Millennials almost half of new mutual fund investors in FY19

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Millennials almost half of new mutual fund investors in FY19

NEW DELHI: More and more millennials are taking to mutual fund investing and are letting their corpuses grow by holding them over long terms. According to data from Computer Age Management Services (Cams), a transfer agency which services 68% of MFs in India, of the 3.6 million new MF investors it onboarded in FY18-19, 47% (1.7 million) were…

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Property brokerage firm Investors Clinic’s FY19 revenue doubles to ₹ 225 cr

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Property brokerage firm Investors Clinic’s FY19 revenue doubles to ₹ 225 cr

Property brokerage firm Investors Clinic on Monday reported over two-fold jump in revenue to ₹ 225 crore during last financial year as it facilitated sales of housing and commercial units worth ₹6,000 crore. The Noida-based firm sold 11,621 units worth ₹6,000 crore during 2018-19 as against 4,500 units worth ₹2,180 crore in the previous year. “This has led to revenue…

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Paytm Money introduces facility to top-up mutual fund portfolio for its investors

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Paytm Money introduces facility to top-up mutual fund portfolio for its investors

Paytm Money announced that its users can now top-up their mutual fund investment portfolio in full and or in part at any point of time. The new feature is available on its latest versions of Android & iOS app that is available for download. The company believes that this portfolio top-up feature will considerably reduce…

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Debt mutual funds with Zee exposure send investors into a tizzy

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Debt mutual funds with Zee exposure send investors into a tizzy

MUMBAI: Worries about the prospects of debt mutual funds holding securities of Subhash Chandra’s Essel Group entities have resurfaced after Kotak Mutual Funddelayed full redemption in several fixed maturity plans (FMPs), sparking a scramble among investors to check if they too have any exposure to such paper. Wealth managers said investors have turned jittery about the repayment capabilities…

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Dhirendra Kumar’s top 3 multicap fund picks for new investors

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Dhirendra Kumar’s top 3 multicap fund picks for new investors

Let me just explain that the ETF inflows are not discretionary flows. It is a very programmed flow. It is a very designed thing because most of the money coming in these ETFs is from the NPAs as well as the EPFO. People salary gets deducted and 5% of that has to find its way…

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Should mutual fund investors worry about high inter scheme transfers?

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Should mutual fund investors worry about high inter scheme transfers?

Inter scheme transfers in the mutual fund industry have inched up in December and January. According to data available with Sebi, such transfers stood at Rs 25,242 crore in December, the highest in the last seven months. The figure was Rs 16,458 crore in January, the second highest in the last six months. (See chart 1)…

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Why do investors pick wrong mutual fund schemes? Answer might surprise you

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Why do investors pick wrong mutual fund schemes? Answer might surprise you

Blame it on the volatile market. There is deluge of messages on etmutualfunds.com official Facebook page these days. Many readers want to know whether they have picked the right mutual fund schemes for their retirement, child’s higher education, downpayment for their homes, and so on. Most often we end up asking for important detail that…

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