Markets regulator Sebi on Wednesday extended the deadline for mutual fund account holders till January 1, to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen. Earlier, the deadline for existing

The best thing to come out of the exercise that the capital market regulator undertook in 2018 to re-categorise mutual funds was standardisation. The definition of large-cap, mid-cap and small-cap funds was standardised so that all equity funds could follow the same definition. Advances in the equity markets have led to an increase in the market capitalisation of each of these groups of stocks. But the number of these stocks in each of these baskets has remained the same. Perhaps the time

In the world of investments, the question of when to start a Systematic Investment Plan (SIP) in the stock market has been a long-standing conundrum. While investors often seek the perfect timing to maximise returns, a recent analysis by WhiteOak Capital AMC reveals insights that challenge conventional wisdom.

The National Stock Exchange (NSE) has launched India’s first website for passive funds to provide a comprehensive platform for retail investors and empower them to easily access information and understand the Indian passive funds industry.

The Association of Mutual Funds in India (AMFI) has released a document with several key requests and feedback points following the Union Budget. Here are the main highlights: Retrospective Implementation of Capital Gains Tax Changes On the removal of the indexation benefit from debt mutual funds and the application of new tax rates retrospectively, AMFI proposes reconsidering the removal of the indexation benefit or providing indexing until July 23, 2024. The justification for this being t

The BSE Power Index has been one of the top three performers in the past year, delivering returns of 86 percent largely driven by India's ambitious renewable energy push. Explaining the factors contributing to the growth of the sector, Trivesh D, COO of stock trading platform Tradejini says, “With the government targeting 500 GW of renewable capacity by 2030, and with initiatives like the National Solar Mission and major investments in solar, wind, and hydro energy, the sector is poised for sol

Buoyant economic outlook and increased market participation helped drive the inflows in the mutual fund industry through systematic investment plans or SIPs route to record Rs 2 lakh crore in 2023-24, marking a rise of 28 per cent year-on-year. In comparison, an inflow of 1.56 lakh crore was witnessed through this route in 2022-23, Rs 1.24 lakh in 2021-22 and Rs 96,080 crore in 2020-2021, data with the Association of Mutual Funds in India (Amfi) showed.

The Reserve Bank of India has tightened norms for lenders relating to making investments in units of Alternative Investment Funds (AIFs) to address concerns relating to possible evergreening of stressed loans. The central bank is seeking to put a stop to transactions that entail substitution of direct loan exposure of lenders to borrowers with indirect exposure through investments in units of AIFs as such transactions lead to concealment of the real status of stressed loans. An AIF is a pr

The Union Minister believes that vital information should move at the same pace as the remainder of the commercial. He requested that the countryNulls largest stock exchange work with asset management firms to work on this issue, and he offered regulatory adjustments to facilitate this.

Mutual funds (MFs) managed a record Rs 66.2 trillion in assets during the July-September quarter, marking a 12.3 per cent increase over the previous three-month period — the highest quarterly jump in MF assets in at least five years. During the April-June period, the average assets under management (AUM) stood at Rs 59 trillion. The sharp rise in AUM, according to experts, is driven by a robust equity market rally and record inflows into equity schemes.

Gold exchange-traded funds (ETFs) attracted net inflows globally for the fifth consecutive month in September 2024, as the US rate cut and rising geopolitical tensions drove investors to seek refuge in safe-haven assets. Worldwide, the assets under management (AUM) of gold ETFs rose five percent to $271 billion, and collective holdings climbed 18 tonne to 3,200 tonne by the end of September 2024, according to a World Gold Council (WGC) report. Domestically, barring just two months (March 2

The October 2023 mutual fund industry data released by Association of Mutual Funds in India (AMFI) highlighted some key insights. While all equity mutual fund categories witnessed inflows, debt funds saw inflows after two consecutive months. Gold ETFs rose to ?841 crore in October from ?175 crore it received in September.