Rethink loads, make them really zero
12 years, 10 months ago

Rethink loads, make them really zero

Live Mint  

When U.K. Sinha took over as the capital markets regulator in February 2011, there was a pervasive expectation that the upfront commissions embedded in the price of a mutual fund would be back. His UTI Mutual Fund and Association of Mutual Funds in India stints were taken as an indication that he would be more “reasonable” than his predecessor, C.B. Bhave, who banned loads in mutual funds, stunning the then ₹ 6.1 trillion industry. These are mainly banks—HSBC earned almost ₹ 120 crore as commission from mutual funds in 2010-11, at number two was HDFC Bank at just over ₹ 115 crore.

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History of this topic

The state where Ponzi schemes thrive, but mutual funds barely exist
1 week ago

The state where Ponzi schemes thrive, but mutual funds barely exist

Live Mint  

India’s Mutual Funds Sahi Hai campaign was meant to revolutionize investing. Read this | India's stock market rally looks like a self-sustaining Ponzi scheme Manipur has the lowest mutual fund penetration in India. View Full Image A shrinking pool of mutual fund distributors Toijam Meitei, among the few mutual fund distributors in Manipur, says most locals prefer chit funds, real …

Sachet SIPs: Can ₹250 a month create an investment boom in India?
1 month, 2 weeks ago

Sachet SIPs: Can ₹250 a month create an investment boom in India?

Live Mint  

The Securities and Exchange Board of India has proposed an ambitious initiative to drive financial inclusion: Small-ticket systematic investment plans with a minimum monthly investment of ₹250. In Brazil, the mutual fund market has developed inclusive products with small entry thresholds, offering tax incentives to attract low-income investors into formal financial systems. India's proposed ₹250 SIP provides a balanced approach …

Investors Overestimate Short-Term Market Impact, Underestimate Long-Term Potential
4 months, 3 weeks ago

Investors Overestimate Short-Term Market Impact, Underestimate Long-Term Potential

New Indian Express  

Investors are advised to stay committed to their investments, despite the recent market correction. Madhu Nair, CEO of Union Mutual Fund, asserts that India's long-term growth narrative remains robust and that the current downturn is merely a short-term distraction. He encourages investors to increase their equity allocations over the next 3 to 6 months, especially if they are under-invested in …

The Hindu Lit Fest 2024 | ‘Mutual funds give access to equity, debt and gold through one route,’ says Monika Halan
1 year, 2 months ago

The Hindu Lit Fest 2024 | ‘Mutual funds give access to equity, debt and gold through one route,’ says Monika Halan

The Hindu  

Mutual funds have grown hugely popular in India in recent times, with the size of assets under the management of mutual funds crossing the ₹50 lakh crore mark at the end of 2023. Monika Halan, author of Let’s Talk Mutual Funds, talks to The Hindu about why mutual funds should be part of the Indian investor’s portfolio, the risks involved …

10x in 5 years: How Radhika Gupta built a ₹ 1 trillion mutual fund company
2 years, 1 month ago

10x in 5 years: How Radhika Gupta built a ₹ 1 trillion mutual fund company

Live Mint  

Radhika Gupta joined Edelweiss Asset Management Co. as chief executive officer in 2017. The big one is a relentless focus on customer problems and solutions to them like Bharat Bond ETF or international funds. View Full Image Graphics: Mint One key challenge is profitability, I was going through your financial statement for FY22 - net profit was just ₹20 crore. …

Working with Jhunjhunwala: Renaissance’s Murarka recounts his experience
2 years, 6 months ago

Working with Jhunjhunwala: Renaissance’s Murarka recounts his experience

Live Mint  

Pankaj Murarka has bucketed his life into four 20-year phases. Murarka is the founder and chief investment officer of Renaissance Investment Managers Pvt Ltd, which manages assets of around ₹1,400 crore across the portfolio management services, alternative investment fund and advisory services. In this Guru Portfolioseries, Pankaj Murarka, a 25-year veteran of the investment industry, talks to Mint about his …

Mutual funds hope small investors will keep the faith in 2019
6 years, 3 months ago

Mutual funds hope small investors will keep the faith in 2019

Live Mint  

Mumbai: India’s $2 trillion stock market has been rattled in recent months by everything from high oil prices and tariff threats to a slumping rupee and a sell-off in non-bank lenders. “This is a trend that will continue, with investors continuing to stay invested despite volatile markets.” India’s equity culture got a leg-up after Prime Minister Narendra Modi was elected …

Bad idea: Why entry loads cannot revive India's MFs
12 years, 8 months ago

Bad idea: Why entry loads cannot revive India's MFs

Firstpost  

Such a move would only take investors elsewhere, which in no way is going to ‘revive’ the MF industry. One of the reforms being discussed is the reintroduction of entry loads - the charges that are levied on an investor when he buy any mutual fund from from distributor companies. But if no value is offered to investors from a …

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