The last six months has seen a rise in inflow into equity linked savings schemes of mutual funds with investors putting in about Rs 1,316 crore in them.
The CNX Nifty gained 19 per cent in the six months ended September 2014.
Mutual fund managers dropped their exposure in bank stocks to Rs 55,398 crore in September.
The comparative analysis between debt-based funds and S&P India’s two benchmark indices — government bond index and bond index — is for the five years ended June 2014.
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As many as 22 out of a total of 50 top diversified equity schemes have beaten the benchmark indices this year.
Investors pumped in a net Rs 1.5 trillion in various mutual fund schemes in May, the highest amount in more than three years.
In comparison, MF exposure to was at all-time high in February.
BJP’s prime ministerial nominee keeps a large chunk (almost 90 per cent) of his movable assets in the bank.
It is expected that Sebi will revise the registration fee and other fee for stock exchanges, mutual funds, brokers and other intermediaries.
Sebi’s report on mutual funds reveal that top 15 cities contribute 87% of the industry’s AUM, highlighting the need to break new ground.
Nearly 45 fund houses in India together manage assets worth over Rs 9 lakh crore, but fund mobilisation has been a tough task for them for past few years.
Mutual funds,especially HDFC MF,are upbeat about an even better performance in 2014.
Top diversified mutual equity funds had a rough 2013 with half of the funds underperforming.
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