mutual funds
mutual funds News
Telling Numbers: Mutual funds move away from non-banking financial cos
At the start of the crisis in July 2018, the total exposure of MFs stood at Rs 2.64 lakh crore. By June 2019 end, this had fallen to Rs 2.02 lakh crore.
Rs 171,349.32 crore outflows from income and debt Mutual Fund schemes in June
On the liquid fund outflows, NS Venkatesh, chief executive, Association of Mutual Funds of India (AMFI) said, “this is a usual quarter-end phenomena where the industry does witness temporary redemptions from liquid funds.”
Advertising
Nimesh Shah interview: ‘NBFC crisis an isolated, company-related event ... does not pose any systemic risk’
Nimesh Shah, MD and CEO, ICICI Prudential AMC said that while the issue does not pose any systemic risk, fund houses will have to make distinction between NBFCs which possess securitisable portfolios.
Mutual Funds: Credit risk funds, fixed term plans see outflows in May
According to data released by the Association of Mutual Funds in India (AMFI), credit risk funds witnessed Rs 4,155 crore worth of outflows in May.
Mutual Funds: Fixed maturity plans see Rs 17,644-crore outflow in April
SIP inflows for the month stood at Rs 8,238 crore, a month-on-month growth of 2.3 per cent. SIP inflows during April 2018 were Rs 6,990 crore.
Equity AUM flow: Banks, IT witness surge; NBFCs, auto see decline
Over the last one month the banks’ share of industry equity AUM rose by almost one percentage point to 22.83 per cent with an AUM of Rs 228,774 crore.
Advertising
Mutual funds register Rs 1.36L-crore net outflow in December
This is the highest outflow since Rs 2.3 lakh crore total outflows in September, when the IL&FS crisis triggered the biggest monthly withdrawal from money-market schemes in at least a decade.
Institutional investors: A lot more vocal now
Traditionally, institutional investors have tended to abstain and simply offload the shares if they were displeased with the company’s policies.
Mutual funds’ average AUM in July-Sept rises 3.8 per cent at Rs 24.29 lakh crore
Despite a positive growth in the July-September quarter in 2018, some industry participants say that in the month there has been some redemption from debt funds, while systematic investment plans (SIPs) in equity schemes continued to see strong investor interest.
Mutual funds: In last four years, exposure to debt papers of NBFCs up 2.5 times
Between August 2014 and August 2018, the investment by mutual funds in CPs and CDs jumped over 2.5 times from an aggregate of Rs 98,738 crore in August 2014 to Rs 2,48,598 crore in August 2018.
Advertising
