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Even before Covid came through, we were going through our own set of economic challenges and as it is the beginning of a new cycle now, we need to see at what pace we emerge from those challenges, says CEO, White Oak Capital Management.

The Securities and Exchange Board of India (Sebi) chief Ajay Tyagi on Tuesday asked mutual fund managers to desist from acting as lenders to corporates.

Michael Mauboussin, Head of Consilient Research at Morgan Stanley Counterpoint Global, joined the caravan of market veterans sounding bad omens for retail investors who entered markets this year.

You might have heard during the recent controversy on new Sebi norms on multi cap mutual funds that most multi cap schemes have ver little or nil investments in small cap stocks. Here is surprise for you: introducing Quant Active Fund, a multi cap mutual fund scheme with 53% of its assets in small cap stocks, and a topper of the return chart in the last one year. The scheme has been consistently among the top five perfromers in one, three, five, and ten years.

Sebi chief Ajay Tyagi on Tuesday said the markets regulator is not forcing anyone to invest in small-caps and investment should always be in the interest of investors amid new portfolio allocation rules for multi-cap mutual fund schemes. He further said multi-cap mutual fund schemes should be "true to label".

With an aim to bring liquidity, markets regulator Sebi is mulling stress testing, minimum asset allocation in liquid assets and swing pricing like mechanism for all open-ended debt oriented mutual fund schemes, its chief Ajay Tyagi said on Tuesday. Sebi is facilitating the setting up of an expert committee to frame a stress testing methodology, encompassing liquidity, credit and market risks, Tyagi said while addressing industry body Association of Mutual Funds in India (Amfi) 25th annual general meeting.

The Securities and Exchange Board of India (Sebi) chief Ajay Tyagi on Tuesday asked mutual fund managers to desist from acting as lenders to corporates.

More than a century ago, John Maynard Keynes had underscored the need to conduct banking “on the safest possible principles” in India, a Crown colony the celebrated economist had described as “so dangerous for banking.” Even a century later, bad loans regularly pile up toward the tail end of every boom-and-bust cycle in India, where the lack of a vibrant corporate bond market makes banking vulnerable to crippling periodic write-downs.

Here is the update on our recommended value-oriented mutual fund schemes in September. The good news is there are no changes in the recommendation list this month. That means you may continue to invest in these schemes if you are a value conscious investor.

Though the monthly inflow in the systematic investment plans (SIP) has moderated, it has not deterred the growth in the size of the funds linked to the SIP investment. The assets under management (AUM) of the mutual funds linked to the SIP plans reached to Rs 3.4 lakh crore in August 2020. This was the highest level in four years or since the Association of Mutual fund of India started providing the data.

Sebi Chairman Ajay Tyagi on September 22 said mutual funds are not banks and should not attempt to behave like one. The remark comes against the backdrop of some mutual fund houses giving moratorium to borrowers in recent months on the lines of banks.

If you are a mutual fund (MF) investor, you will now have to wait for a little longer to get your allotted units. Last week, the Securities and Exchange Board of India (SEBI) said that MF investors would get units at the net asset value (NAV) of the day on which your amount gets credited to the MF scheme’s bank account.

The balanced advantage fund category houses funds that invest in a mix of derivatives, stocks, and debt. These funds decide the mix based on what the market scenario can be, using their own valuation metrics. So, when markets are heating up, these funds can hike derivative holdings – i.e., hedge their equity exposure. What this does is to protect the fund should markets correct or turn volatile. Sanguine market conditions, since they offer more buying opportunities, can see a higher open (i.e., unhedged) equity.

In the first part, we told you about how financial planning for the armed forces is important. Although the system takes care of them in more ways than one, many armed forces personnel still fall prey to mis-selling because of lack of financial awareness and proper guidance.

The three ongoing IPOs are not looking to be dismayed by the bearish market sentiment that has erased all gains made so far this week. Of the three IPOs currently on offer, two have been oversubscribed by investors. Chemcon Speciality Chemicals IPO was subscribed 12.62 times while Computer Age Management Services (CAMS) IPO was subscribed 193% on Tuesday — the second day of bidding for both. Angel Broking, the latest IPO to step foot into the market today, was subscribed 77% on day one. Equity markets have recently witnessed bumper listings of Happiest Minds and Route Mobile shares.