Chennai-based Mutual Fund House Unifi plans to have just three funds under its management
4 days, 16 hours ago

Chennai-based Mutual Fund House Unifi plans to have just three funds under its management

The Hindu  

Chennai-based Unifi Asset Management Private Limited which is the new entrant in the mutual fund space, is planning to have only three funds under its fold for the next five years. In all likelihood, we will probably be the fund house with the least number of funds in the whole country and we are very happy with that,” K. Sarath Reddy, chairman, Unifi Asset Management Private Limited, said in a media interaction. Unifi Asset Management has already launched and closed its first fund Unifi Dynamic Asset Allocation Fund, which would focus on fixed income. M. Damodaran, former SEBI chairman and Kishore Mahbubani, former president, United Nations Security Council and Founding Dean, Lee Kuan Yew School of Public Policy also addressed at the Unifi mutual fund launch event on Saturday

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History of this topic

Best Mutual funds: Investment in these flexi caps jumped over 3 times in 10 years
1 month ago

Best Mutual funds: Investment in these flexi caps jumped over 3 times in 10 years

Live Mint  

Before investing in a mutual fund, investors tend to view the past returns. When a mutual fund scheme grows at the rate of 12 percent over a 10-year-period, an investment of ₹one lakh would grow to ₹3 lakh, which means tripling in value over a decade. Those who are not aware, flexi cap fund refers to the scheme which invests …

Inflows into equity funds dropped marginally, shows AMFI’s January data
1 month, 1 week ago

Inflows into equity funds dropped marginally, shows AMFI’s January data

Live Mint  

Inflows into equity mutual fund inflows witnessed a marginal decline of 3.6 per cent in January, totaling ₹39,687 crore against ₹41,155 crore in December, showed the data released by the Association of Mutual Funds in India on February 12. Mutual funds Jan Dec Large cap 3,063 2,010 Mid cap 5,147 5,093 small cap 5,720 4667 Flexi 5,697 4,730 The drop …

This small-cap stock is set to reap the benefits of budget 2025 fisheries push
1 month, 2 weeks ago

This small-cap stock is set to reap the benefits of budget 2025 fisheries push

Live Mint  

MUMBAI : The Union Budget 2025-26 has proposed the highest annual budgetary support of ₹2,703.67 crore for the fisheries sector. Avanti Feeds Ltd, an integrated seafood company that manufactures and exports animal feed and shrimp products, seems well-placed to benefit from the budget 2025 fisheries and aquaculture push and the expected rise in global demand for shrimp. Analysts take “Avanti, …

Sebi proposes sachetization of mutual funds to boost financial inclusion
1 month, 3 weeks ago

Sebi proposes sachetization of mutual funds to boost financial inclusion

Live Mint  

The Securities and Exchange Board of India has unveiled a proposal for promoting financial inclusion through the "sachetisation" of mutual fund investments. The initiative proposes offering small-ticket investments, starting at just ₹250, to encourage low-income groups to begin their investment journey in mutual funds. To encourage financial distributors and platforms to participate in this financial inclusion effort, they will be …

Nippon India Flexi Cap Fund performance review analysis for January
2 months ago

Nippon India Flexi Cap Fund performance review analysis for January

Live Mint  

Nippon India Flexi Cap Fund Direct Growth performance review analysis for January: Nippon India Flexi Cap Fund Direct Growth, managed by the seasoned fund managers Meenakshi Dawar,Dhrumil Shah,Kinjal Desai,Nikhil Rungta, remains a prominent player in the Flexi Cap. Nippon India Flexi Cap Fund boasts an impressive AUM of ₹8538.68 crore. This detailed review of Nippon India Flexi Cap Fund evaluates …

TrustMF Flexi Cap Fund performance review analysis for January
2 months ago

TrustMF Flexi Cap Fund performance review analysis for January

Live Mint  

TrustMF Flexi Cap Fund Direct Growth performance review analysis for January: TrustMF Flexi Cap Fund Direct Growth, managed by the seasoned fund managers Mihir Vora,Aakash Manghani, remains a prominent player in the Flexi Cap. This detailed review of TrustMF Flexi Cap Fund evaluates its recent performance, comparing it to the NIFTY 500 index, and analyzes key metrics such as sharpe …

Nippon India Flexi Cap Fund performance review analysis for January
2 months, 1 week ago

Nippon India Flexi Cap Fund performance review analysis for January

Live Mint  

Nippon India Flexi Cap Fund Direct Growth performance review analysis for January: Nippon India Flexi Cap Fund Direct Growth, managed by the seasoned fund managers Meenakshi Dawar,Dhrumil Shah,Kinjal Desai,Nikhil Rungta, remains a prominent player in the Flexi Cap. Nippon India Flexi Cap Fund boasts an impressive AUM of ₹8538.68 crore. This detailed review of Nippon India Flexi Cap Fund evaluates …

Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year?
3 months ago

Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year?

Live Mint  

As we are geared to enter the year 2025, the mutual fund industry is seen promising and shows no signs of slowing down. And what we discovered is that the mutual fund categories which offer good investment prospects include multi asset funds, sectoral funds and diversified funds with higher allocation to large caps. Rishabh Goel, Managing Director, Tailwind Financial Services, …

Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year?
3 months ago

Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year?

Live Mint  

As we are geared to enter the year 2025, the mutual fund industry is seen promising and shows no signs of slowing down. And what we discovered is that the mutual fund categories which offer good investment prospects include multi asset funds, sectoral funds and diversified funds with higher allocation to large caps. Rishabh Goel, Managing Director, Tailwind Financial Services, …

Best Mutual Funds: 10 flexi cap schemes gave over 15% annualised return in the past 3 years. Do you own any?
4 months ago

Best Mutual Funds: 10 flexi cap schemes gave over 15% annualised return in the past 3 years. Do you own any?

Live Mint  

Before investing in a mutual fund scheme, it is common among investors to examine the past returns. There are around 10 flexi cap mutual funds which gave over 15 percent annualised return in the past three years. Flexi cap funds 3-year-return AUM Bank of India Flexi Cap Fund 19.31 1,897 Edelweiss Flexi Cap Fund 15.60 2,336 Franklin India Flexi Cap …

Capitalmind receives SEBI’s in-principle nod to launch a mutual fund
6 months, 3 weeks ago

Capitalmind receives SEBI’s in-principle nod to launch a mutual fund

Live Mint  

Bengaluru-based investment management firm Capitalmind Financial Services Private Limited has received in-principle approval from the Securities and Exchange Board of India to launch new mutual fund. As of March 31, 2024, there are 74.6 crore PAN cardholders in India, but only 4.5 crore unique mutual fund investors, highlighting a considerable growth opportunity. Our goal is to serve the rapidly growing …

Empower your financial independence: Join the 42nd edition of ABSLMF’s Nivesh Mahakumbh
7 months ago

Empower your financial independence: Join the 42nd edition of ABSLMF’s Nivesh Mahakumbh

Hindustan Times  

As our nation celebrates its 78th year of independence on August 15, let’s reflect on the extraordinary journey India has traversed. The 42nd edition of Nivesh Mahakumbh, a mega event by Aditya Birla Sun Life Mutual Fund, brings together the who’s who of the BFSI sector and a diverse cross-section of financial experts to foster a dynamic exchange of ideas …

Inflows into equity mutual funds surged for 35th month in a row: Report
1 year ago

Inflows into equity mutual funds surged for 35th month in a row: Report

Live Mint  

Thanks to a considerable surge in mutual fund inflows, total mutual funds’ assets under management hit a whopping ₹52.74 lakh crore last month against ₹50.78 lakh crore in December 2023. Top performing funds across market cap In the last one year, the top-performing large cap schemes which gave highest returns include Nippon India Large Cap Fund, Kotak Bluechip Fund and …

NFO Alert: PGIM India MF launches PGIM India Large and Midcap Fund; all you need to know
1 year, 1 month ago

NFO Alert: PGIM India MF launches PGIM India Large and Midcap Fund; all you need to know

Live Mint  

PGIM India Mutual Fund announced the launch of the PGIM India Large and Midcap Fund, an open-ended equity scheme investing in both large-cap and mid-cap stocks. Speaking on the new fund offer, Vinay Paharia, CIO, PGIM India Mutual Fund, said, “There is a continuing opportunity for investing in high growth and good quality large and mid-cap companies which can take …

NFO Alert: All you need to know about WhiteOak Capital Large and Mid Cap Fund
1 year, 3 months ago

NFO Alert: All you need to know about WhiteOak Capital Large and Mid Cap Fund

Live Mint  

WhiteOak Mutual Fund announced the launch of the WhiteOak Capital Large & Mid Cap Fund, an open-ended equity scheme investing in both large-cap and mid-cap stocks. The factor diversified balanced portfolio of WhiteOak Capital Large & Midcap Fund is a desirable option for investors to participate in the long-term value creation of the Indian market.” How may one invest in …

Best flexi cap mutual funds: Top 6 schemes beat the benchmark index returns
1 year, 4 months ago

Best flexi cap mutual funds: Top 6 schemes beat the benchmark index returns

Live Mint  

Flexi cap funds refer to the mutual fund schemes that are mandated to invest their assets across large cap, mid cap and small cap stocks with a minimum of 65 percent of assets in equity and equity-related instruments. These flexi cap mutual funds delivered maximum returns in the past three years: Flexi cap funds 3-year-returns Benchmark HDFC Flexi Cap Fund …

Samir Arora-owned Helios Capital gets Sebi nod for mutual fund unit
1 year, 7 months ago

Samir Arora-owned Helios Capital gets Sebi nod for mutual fund unit

Live Mint  

Helios Capital, founder and fund manager, Samir Arora announced that capital market regulator Securities and Exchange Board of India on Thursday has granted approval to Helios Mutual Fund on Thursday. The Portfolio Management Services submitted an application for a mutual fund licence in February 2021, and SEBI granted Helios Capital in-principle clearance to start a mutual fund operation in September …

NFO Alert: Bank of India Mutual Fund launches the Multicap Fund; all you need to know
2 years, 1 month ago

NFO Alert: Bank of India Mutual Fund launches the Multicap Fund; all you need to know

Live Mint  

Bank of India Mutual Fund announced the launch of the Bank of India Multicap Fund, an open-ended equity scheme investing in equity and equity-related securities across various market capitalisation. The investment objective of this actively managed equity fund scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments across large-cap, mid-cap …

These ten 5-star rated equity mutual funds give up to 30% return in 2022
2 years, 2 months ago

These ten 5-star rated equity mutual funds give up to 30% return in 2022

Live Mint  

Mutual funds: As we are about to usher in 2023, mutual fund investors are advised to look at the performance of top-rated funds as all top rated funds have delivered returns to their reputations. 2] ABSL Medium Term Direct Fund: This equity fund has delivered 25.73 per cent return to a one time upfront investor in last one year whereas …

WhiteOak Capital kicks off NFO season with flexi cap fund
2 years, 8 months ago

WhiteOak Capital kicks off NFO season with flexi cap fund

Live Mint  

WhiteOak Capital Mutual Fund has announced the launch of its first equity new fund offer, the WhiteOak Capital Flexi Cap Fund. Fund strategy As a flexi cap fund, the WhiteOak Capital fund will invest 65% or more of its net assets in equity—large, mid and small stocks. According to the AMC, the fund will focus on building a well-balanced portfolio …

Sebi advises MFs to stop investing in int’l stocks
3 years, 1 month ago

Sebi advises MFs to stop investing in int’l stocks

Live Mint  

The Securities and Exchange Board of India has advised mutual funds investing in overseas securities to stop further investments in foreign stocks to avoid breach of industry-wide overseas limits, two industry executives independently confirmed to Mint on the condition of anonymity. Mutual funds can make overseas investments up to $1 billion per mutual fund, with the overall industry limit of …

Should you invest in international equity mutual fund?
3 years, 6 months ago

Should you invest in international equity mutual fund?

Live Mint  

Can you suggest mutual funds with investment in an international equity fund and secondly shall one invest in them. —Name withheld on request To diversify your overall mutual fund’s portfolio, one can have up to 10% allocation in international equity funds. However, you may choose Franklin India Feeder–US Opportunities Fund, ICICI Pru US Bluechip Equity Fund or Motilal Oswal Nasdaq …

What stocks SBI Mutual Fund bought and sold last month
4 years, 7 months ago

What stocks SBI Mutual Fund bought and sold last month

Live Mint  

Equity mutual funds registered negative inflows in July after muted inflows in the earlier month June. While investors are muddled on where to invest, here's a look at where and how the biggest fund house of the country, SBI Mutual Fund invested in the last month. Top five shares bought by SBI Mutual Fund SBI Mutual Fund bought 1.80 crore …

What India’s top three mutual funds bought and sold last month
5 years, 6 months ago

What India’s top three mutual funds bought and sold last month

Live Mint  

Inflows into Indian equity mutual funds rose for the fourth straight month in August even as the nation’s stocks suffered their worst three-month period since 2016. Here’s what the top three asset managers bought and sold last month: HDFC Mutual Fund India’s top money manager held about $20 billion in equities, with financials accounting for 32% of stock assets followed …

What India’s biggest mutual funds bought and sold in July
5 years, 7 months ago

What India’s biggest mutual funds bought and sold in July

Live Mint  

Investors in Indian equity mutual funds bought more last month, unfazed by the selloff that saw the nation’s $1.9 trillion market log its worst July in 17 years. Here’s what the top three asset managers bought and sold last month: HDFC Mutual Fund India’s top money manager held about $21 billion in equities, with financials accounting for 32% of stock …

Mutual funds add Rs 3 lakh-cr to assets base in 2018, eyes more traction in new year
6 years, 2 months ago

Mutual funds add Rs 3 lakh-cr to assets base in 2018, eyes more traction in new year

Firstpost  

New Delhi: Mutual funds have added a whopping Rs 3 lakh crore to their asset base in 2018 and the uptrend may continue in the new year, helped by a consistent rise in the SIP flows and strong participation of retail investors despite volatile markets. “Keep in mind the quarter-end trends and the advance tax pay-out, we expect the industry …

SBI Mutual Fund interested in acquiring UTI MF
10 years, 2 months ago

SBI Mutual Fund interested in acquiring UTI MF

Firstpost  

New Delhi: PSU behemoth SBI’s mutual fund arm has evinced interest in acquiring the country’s oldest fund house UTI MF – a deal that could create the country’s biggest mutual fund with assets in excess of Rs 1.5 lakh crore. The deal, if it happens, would also be the biggest ever M&A transaction in the Indian mutual fund industry, which …

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