Sebi in June 2022 had mandated nominations or opting out of nominations for all the existing individual unitholders.
Though there is a clear tilt towards open-ended funds, some wealth managers prefer to play it safe with target maturity funds (TMFs). Broadly, it makes sense to invest in a scheme the duration of which matches your investment time-frame.
The fund houses that resumed their international schemes are -- Franklin Templeton Mutual Fund, Mirae Asset Mutual Fund and Edelweiss Mutual Fund.
With the indexation benefits gone, debt funds will focus on generating better returns compared to bank fixed deposits. If that happens, they will still be a good bet for long-term fixed-income investors
The amendment to Finance Bill 2023 will not only alter the course of financial savings but will also impact the fortunes of stocks in the finance space
Though experts are recommending short to medium-duration products for the regular investor, savvy investors are eyeing long-duration funds like Bharat Bond 2031 ETF and Bharat Bond 2032 ETF as well.
Investors should look at their asset allocation, and if there’s a need to buy more international funds, only then should they invest. Taxation shouldn’t be the only reason to invest, experts say
Balanced advantage funds stand to gain as experts predict that conservative investors might shift to them to get the equity tax advantage
In a major blow, a proposal to remove long-term tax benefits on debt mutual fund investments was passed in the Parliament as part of amendments to the Finance Bill. This applies to the investments made on or after April 1, 2023. The indexation advantage of debt MFs will be lost. Investments in bonds, gold, and international funds have an indexation advantage. Gains on debt funds, gold funds, and international funds held for more than 3 years are currently taxed at 20% with indexation. Watch Latha Venkatesh and Nandita Khemka discuss the Debt MF Amendment Proposal and its implications.
The Quant Dynamic Asset Allocation Fund will dynamically switch between equities and debt. The one difference this scheme has from existing balanced advantage funds is that it doesn’t insist on a minimum 65% equity exposure at any time. The NFO opened on March 23 and will close on April 6
Capital gains from debt funds, international funds and gold funds bought from April 1, 2023, onwards will be taxed as short-term capital gains.
Optimists had hoped that global dislocations would not impact Indian banks, but data shows otherwise. Banking funds have delivered the worst returns among all the mutual fund categories at -9.13 percent since the start of the year.
These mid-cap stocks aren’t just favourites with MF and PMS. Aside from being top holding stocks, they’ve also hit their 52-week lows recently. That might well be an opportunity for those who can take on some risks
With three new sponsors, the re-branding of Bandhan Mutual Fund will not change the fund house’s core values, says the CEO. And a new equities' head may just be the zing thing it needs
Large & midcap mutual fund schemes, a relatively new category that SEBI formed in 2018, aims to achieve growth with lower volatility by combining the established and emerging businesses
Those with jointly-held mutual fund investments can face hurdles in the online process, making physical form submissions the only way out.
The raids are being conducted in connection with senior Franklin Templeton officials withdrawing their personal money from the fund house's six schemes days before these were formally wound up and investors' money got locked up
PMS managers were cautious and exited these largecap stocks that they thought had weak prospects
A high free cash flow indicates the three major aspects –profitability, growth and return. It provides a room for more growth opportunities, dividend payouts and debt reduction in a company
An equity-linked tax saving scheme (ELSS) or tax-saving mutual fund plan is the only pure-equity investment in the Section 80C tax deduction basket. But check your existing EPF, PFF contribution as well to ascertain how much you really need to invest in an ELS.
As part of the rebranding, each scheme of the fund house will be renamed, replacing the word ‘IDFC’ with ‘Bandhan’.
The MF industry collected Rs 13,686.23 crore through SIPs in February 2023. Though marginally lower than the previous month’s inflows, AMFI CEO NS Venkatesh attributes this to a shorter month.
For retail investors, spotting mis-governance issues consistently and accurately might not be possible, but there are tell-tale signs of ticking time bombs. ESG funds help, but there’s a reason why an active ESG works better.
At present, the brokerage charges incurred by mutual funds while buying and selling of shares falls outside the Total Expense Ratio (TER) that they charge unitholders.
In addition, the fund house also appointed Ashish Gupta to be its new chief investment officer. The fund house has been plagued by the front-running scandal that came to light last year when it suspended its former chief dealer Viresh Joshi after finding him guilty in an internal investigation