Pune-based Bajaj Finserv Mutual Fund is close to turning one. The fund house's Chief Executive Officer, Ganesh Mohan, spoke to Moneycontrol about the experiences of the first year, what fuelled AUM growth, the impact of Bajaj’s name on the business, and future fund launches
Seasoned investors try to minimise the risk of losing invested capital and prefer to invest at times when the odds of a favourable return on their investment are relatively high. But when valuations are expensive, one must be careful and take safety measures while investing.
SEBI asks fund houses to ignore the least 20% illiquid stocks while assessing liquidity. The idea is to let microcaps- the tiniest of the smallcaps- to grow unfettered as they could turn into tomorrow’s multibaggers. In the first such attempt, Moneycontrol identifies these 20% stocks.
While the recent performance of midcap and small-cap funds may have raised concerns among mutual fund investors, it is essential to approach investing with a long-term perspective.
SEBI has made changes in disclosure requirements for ESG funds. There have been many instances of confusing, ambiguous, and incomplete disclosures related to green fund names, their goals, screening criteria, and impact claims
While HDFC Small Cap Fund and SBI Small Cap Fund show some stress in their portfolios, Nippon Small Cap Fund has bucked the trend. But it has paid a price for it. Edelweiss Mutual Fund reported good numbers among its size of schemes
In the mid-cap segment, HDFC Mid-Cap Opportunities Fund, which is the biggest in the category with Rs 60,187 crore AUM would take 23 days to liquidate 50 percent of the portfolio.
Among the top 10 smallcap funds which have announced the results so far, Canara Robeco and Franklin India mutual funds are the quickest in terms of liquidation of their smallcap funds
One should only invest in small-cap funds if the risks are properly understood and one has the patience to stay invested for at least 5-7 years. Regularly rebalancing their portfolios and reassessing exposure to riskier small-caps can help investors manage long term investment wisely.
SBI Mid Cap Fund’s size is Rs 16,467.43 crore and is India’s 5th largest mid-cap fund. SBI Small Cap Fund's size is Rs 25,533.78 crore and is India’s 3rd largest small-cap fund.
He suggests that medium-risk investors allocate 40 percent each to large cap funds and mid cap or multi cap funds (core portfolio), and the remaining 20 percent to good stories (investment themes).
The stress test results of Nippon India Small Cap Fund, which has assets of Rs 46,000 crore, assume significance because of its size and the number of stocks it holds. The scheme holds more than 200 stocks in its portfolio.
Large-sized mid- and small- cap funds and especially those with scant large-cap exposure show higher stress in their portfolios
A 25% portfolio liquidation in Edelweiss Mid Cap Fund can be done in one day, while the same for Edelweiss Small Cap Fund stands at two days, showed mutual fund stress test results announced by Edelweiss MF on March 14
Acting on SEBI’s concerns about the froth building in mid-cap and small-cap segments in the stock market, AMFI had told mutual funds to conduct stress tests and publish the result on its own websites as well that of AMFI’s, once every 15 days.
Frothy market valuation on midcap and smallcap segments has been a concern for the regulator and experts. However, market heightened valuation and volatility have not been a constraint parameter for active fund managers in adding quality midcap stocks to their portfolio
Updating nomination for singly-held mutual fund (MF) investments can be easily done online. Apart from that, transmission of MF investments to the surviving family after an investor’s demise, too, can be completed online via MF Central, reveals Mario Sylvester Roche, COO of Domestic Fund Services at K KFin Technologies in a conversation with Moneycontrol.
Samir Arora’s Helios MF is expanding its footprint slowly. Its new scheme, Helios Balanced Advantage Fund, aims to appeal those who are comfortable with an aggressive strategy; more of equity and no corporate debt securities. This is different from typical BAFs
Mahindra Manulife Mutual Fund (15.16 lakh shares), Quant Mutual Fund (6.13 lakh shares), Bajaj Finserv MF (2.1 lakh shares), JM Financial MF (1.67 lakh shares), Union MF (1.15 lakh shares), and Baroda BNP Paribas MF (17,000 shares) have completely divested from Paytm stock.
HDFC Nifty Realty Index Fund offers investors exposure to a diversified portfolio of real estate stocks through a single instrument, eliminating the need for individual stock selection
A significantly large section of fund managers come from the brokerage industry where research analysts rise in the ranks to directly manage funds. But the brokerage industry has largely been a male bastion. Increasingly, fund houses are realising that it's best to recruit women directly at trainee levels and groom them for higher responsibilities.
In February, 49.80 million new SIP accounts were registered, compared with 51.84 million a month ago — down 4 percent. Discontinuations fell 10.3 percent during the period, from 21.33 million to 23.8 million, data from the Association of Mutual Funds in India shows
The number of women mutual fund distributors has steadily increased, nearing the 42,000 registration mark as of December 2023, managing over Rs 1 lakh crore in AUM, AMFI report showed.
Small-cap funds have come into focus after regulatory bodies directed mutual funds to thoroughly assess the liquidity and volatility of their small-cap and mid-cap fund portfolios in relation to benchmarks.
Gold prices crossed a remarkable milestone by hitting a lifetime high on March 4. Analysts will be keenly watching gold, which is already riding high on the back of geopolitical tensions, in the months ahead as the US looks to cut interest rates.