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
Section 80 CCD(1B) offers an additional deduction of Rs 50,000 – over and above the Rs 1.5-lakh section 80C limit – for investing in NPS. You can open an account online and invest before March 31 to claim these deductions.
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 investors 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
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.