All stories by Abhishek Kumar
HNI Investors Grow, Retail Investors Dip
Rediff.com20 Jun 2024'Indian investors have always been debt-heavy but with growing financial awareness they are getting comfortable with equities.'
Coming! Changes In Mid Caps, Large Caps
Rediff.com19 Jun 2024Midcap stocks Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch, and Samvardhana Motherson are expected to earn upgrades.
Active versus passive schemes: Smallcap funds triumph their benchmarks
Rediff.com18 Jun 2024Active equity mutual fund schemes have improved their showing across key categories over the past three months vis-a-vis their benchmarks.
Markets Calm, MF Launches Accelerate
Rediff.com15 Jun 2024'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'
Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag
Rediff.com14 Jun 2024Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.
MF Reduced PSU Holdings Pre-Election
Rediff.com13 Jun 2024In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.
Equity mutual funds surge to historic Rs 34,697 crore inflows in May
Rediff.com11 Jun 2024Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. The Rs 34,697 crore net inflows into actively managed equity funds last month surpassed the previous high of Rs 28,463 crore recorded in March 2022. In April 2024, equity schemes had garnered nearly Rs 19,000 crore.
MF Platforms Faulted for Selloff Delay
Rediff.com7 Jun 2024Several investors wanting to invest in mutual fund schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.
How Many MF Investors In India?
Rediff.com20 May 2024The MF investor count, which stood at around 38 million in April 2023, has surged by 19 per cent in the past year.
'Election results not to have long-term effect on markets'
Rediff.com15 May 2024'If the majority falls short of expectations, it may prompt initial adjustments in investor sentiment.'
Why Has SIP Activity Jumped?
Rediff.com11 May 2024'Ideally, one should not time SIPs.' 'If people churn their SIP portfolios, then they are equating the concept of SIPs to lump sums.'
SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts
Rediff.com10 May 2024The mutual fund (MF) gross inflows through the systematic investment plan (SIP) route topped the Rs 20,000 crore mark for the first time in a calendar month as investors opened a record 6.4 million SIP accounts despite a spike in market volatility. The number of accounts opened last month was almost 50 per cent higher than the registrations seen in March. "India's MF industry has reached yet another milestone with the SIP book crossing above Rs 20,000 crore in April 2024.
Mutual funds bet on 'special' opportunities as uncertainties loom
Rediff.com9 May 2024Mutual funds are looking to tap into the special opportunities theme ahead of the results of the general election results and the continued uncertainty on the geo-political and interest rate fronts. Two fund houses - WhiteOak Capital and Samco - are set to launch special opportunities funds next week. Kotak MF has also filed papers with the regulator to launch a scheme in the same category.
Small, midcaps remain mutual fund investors' top choice in March
Rediff.com30 Apr 2024Even as net flows into smallcap funds in March turned negative, for the first time in 30 months, they remained a big draw for new investors. The smallcap fund category saw a net of 360,000 investment accounts, or folios, getting added last month, the second-most among all active equity categories. Smallcap funds' continued traction could be driven by their strong performance across timeframes, say experts.
Mutual funds sought smallcap treasures in a sea of red
Rediff.com22 Apr 2024Mutual funds (MFs) scooped up smallcap shares across sectors such as healthcare, banking and financial services in March 2024 amid a near 4.5 per cent fall in key smallcap indices. Aster DM Healthcare, NLC India, and Aavas Financiers topped the list of most-bought stocks in the Rs 10,000-40,000 crore market capitalisation (mcap) bracket, according to a study by Nuvama Alternative & Quantitative Research. Aster and Aavas had corrected by 13 per cent and 10 per cent in March, respectively, while NLC India ended the month with a 2.5 per cent gain.
Smallcap MFs see 1st net outflows in 30 mths
Rediff.com11 Apr 2024Smallcap mutual funds recorded net outflows for the first time in 30 months in March as investors pulled out money after the markets regulator, the Securities and Exchange Board of India (Sebi), warned against "froth" in the mid and smallcap space. Active equity mutual fund (MF) schemes raked in Rs 22,600 crore in March. The March inflow is 16 per cent lower than the two-year high inflow of Rs 26,860 crore in February, shows data from the Association of MFs in India (Amfi).
'Take A Staggered Approach To Investing In Smallcaps'
Rediff.com11 Apr 2024'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.'
MFs own larger slice of small and midcap stocks
Rediff.com10 Apr 2024Retail investors now own a larger share of smallcap companies than they did a year ago, thanks to their conviction in mutual fund (MF) schemes focused on this segment. Data from Capitaline shows that MFs' average holding in the National Stock Exchange Nifty Smallcap 250 Index stood at 9 per cent at the end of the October-December quarter of 2023-24 (FY24), up from 7.76 per cent in the same quarter of 2022-23.
AMCs outline riders to exit small, midcap MFs in case of market crisis
Rediff.com7 Apr 2024Small and midcap schemes may impose restrictions on redemptions, cap employee withdrawals, and increase the exit load, while ensuring a proportionate liquidation of the portfolio during market crises to safeguard the interests of all investors. These measures have been outlined in the investor protection policies recently put out by mutual fund (MF) trustees. The policies for small and midcap schemes were prepared by MF trustees following directives from the Securities and Exchange Board of India (Sebi) earlier this month.
Reits seek 'equity' label, option to take loan from banks
Rediff.com28 Mar 2024Real estate investment trusts (Reits) are in talks with regulatory bodies - the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) - to seek changes in regulations that will allow easier access to capital. The Indian Reits Association (IRA) said it has approached the market regulator seeking to get classified as an 'equity' asset, which will open the path for their inclusion in equity indices and also make investment by mutual funds (MFs) easier. The association is also in active discussions with the RBI to allow banks to lend to a Reit.