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Foreign assets of the mutual fund companies jumped several folds to USD 2.9 billion or Rs 20,982 crore as of the end of March 2021, on account of a rise in the value of equity. According to a Survey of Foreign Liabilities and Assets of the Mutual Fund Companies, the UAE, the UK, USA and Singapore together accounted for nearly 45 per cent of the total MF units held by non-residents, both at face value as well as market value, the RBI said in a statement.

Folios in index funds saw more than a fourfold jump to 1.53 million in August this year from 345,000 in March 2020, according to data from the Association of Mutual Funds in India (AMFI). Assets under management surged more than five times during this period, to Rs 28,093 crore from Rs 5,815 crore.

Short duration mutual fund category continue to be on the recommendation list of most debt fund managers even though the returns from these schemes have come down in the past 3-4 months. Given the credit crisis followed by the interest rate changes, these schemes were considered a safe bet to play duration with stability.

White Oak Capital group, which had acquired YES Mutual Fund through its subsidiary GPL Finance in August 2020, has now got the go-ahead from SEBI to run the mutual fund (MF) business. YES Bank, which was earlier the sponsor for YES MF, had exited the MF business as part of its plans to get out of non-core business.

Experts often ask investors to take the SIP route to investing. It’s automated, brings discipline, and generates wealth over the long run. But dig a little deeper, and three important trends come up from the monthly inflows. These trends suggest that perhaps investors aren’t making the best choices.

Rahul Singh, CIO-Equities at Tata Mutual Fund, says the Indian market is trading at a 10-15 percent premium on the price-to-earnings (PER) valuation front compared to the historical range and at 65-70 percent premium to other emerging markets.

If selecting one out of the maze of over 1,500 mutual fund schemes in India sounds confusing to you then you are not the only one. A survey of mutual fund investors shows a simplification of the fund selection process is the biggest improvement they expect from the industry.

Fund managers have shown high conviction in Initial Public Offers during August. They subscribed to the issues of Chemplast Sanmar NSE 2.44 %, Nuvoco Vistas, Devyani International, CarTrade Tech and Krsnaa Diagnostics as many of these companies have unique business models and leadership positions within their industries.

Domestic fund managers pared stakes in retail favourites Vodafone Idea NSE 2.87 % and YES Bank NSE 2.01 %, and tweaked their holdings in certain Rakesh Jhunjhunwala-backed companies, the monthly data for August suggest.

Tata Capital launched ‘Loan against Mutual Fund’, an industry first end -to -end digital offering enabling customers to avail quick loans ranging from Rs 5 lakhs to 2 crores.

Many investors prefer deploying their money in fixed-income instruments instead of investing in the market. Most of them prefer fixed deposits rather than equity-oriented investments. However, mutual funds are turning out to be a relatively better option for many investors. After taking into account the post-tax returns and adjusting for inflation, the effective return from fixed-income products is low or even negative in some cases. In contrast, mutual funds have a variety of options to choose from depending on their risk profiles. Yet, they can expect a better effective return than fixed-income investments.

We gave a score of 21 out of 27 to this speciality-chemical player when it came out with its IPO. The score was based on the company being one of the largest and leading producers in the world for its primary products such as MEHQ, BHA, guaiacol, anisole, and others. The company's products are used as the critical starting-level materials, like inhibitors or additives by its customers, for making finished products. The criticality of products leads to long-term relationships and high repeat usage between the company and the customers.

In a first of its kind and to differentiate itself from existing actively managed equity mutual fund schemes, Samco Asset Management, will disclose daily active share of its equity mutual fund schemes.

The outlook for mid and small cap funds is positive but volatile, says a new research note by Edelweiss Mutual Fund. After a long underperformance in 2018 and 2019, mid and small cap are seeing a reversal. The note says that over an investment horizon of 3-5 years, returns from small and mid cap funds can be very attractive.

Investors continued to increase exposure through the systematic investment planning (SIP) route in August amid the sustained momentum in the stock market. New SIP account registration hit a record 24.9 lakh in the month, showed the data from the Association of Mutual Funds in India (AMFI).