Why mutual funds favour financial services but slash IT exposure
2 years, 7 months ago

Why mutual funds favour financial services but slash IT exposure

Live Mint  

NEW DELHI : Mutual fund managers increased their holdings of financial services, industrials, and consumer discretionary stocks, sectors that are most likely to benefit as economic activity and consumer demand pick up in India, data for July showed. View Full Image Stocking up Mutual fund ownership in financial services, as a percent of their total holdings as of July, stood at 31.56%, a percentage point increase from the previous month. Muthoot Finance, State Bank Of India, SBI Cards, ICICI Lombard General Insurance, and Piramal Enterprises also featured among large-cap names where mutual funds increased holdings. Meanwhile, commodity companies also saw an increase in fund holdings by mutual funds.

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Mutual fund folios hit an all-time high of 22.5 crore in Dec; SIP inflows exceed ₹26,000 crore
2 months, 2 weeks ago

Mutual fund folios hit an all-time high of 22.5 crore in Dec; SIP inflows exceed ₹26,000 crore

Live Mint  

Mutual Fund folios hit at all-time high of 22,50,03,545 in December 2024, revealed the latest data released on Thursday by the Association of Mutual Funds in India. Retail mutual fund folios were at an all-time high of 17,89,93,911 for the month of December 2024, compared to 17,54,84,468 for the month of November 2024. The SIP contribution reached an all-time high …

Stock market this week: Top 5 stocks with the biggest gains and losses
2 months, 3 weeks ago

Stock market this week: Top 5 stocks with the biggest gains and losses

Live Mint  

Top News The mutual fund industry witnessed a remarkable surge in Systematic Investment Plan contributions, reaching an all-time high of ₹25,320 crore in November. Despite market fluctuations, SIPs continue to attract investors due to their affordability, compounding benefits, and ability to mitigate risks through periodic investments. Feroze Azeez, Deputy CEO, Anand Rathi Wealth Limited, offers a positive outlook for FY …

Mutual Funds: Total asset size spikes 40% in a year, individuals own lion’s share as equity schemes turn favourites
2 months, 3 weeks ago

Mutual Funds: Total asset size spikes 40% in a year, individuals own lion’s share as equity schemes turn favourites

Live Mint  

The total assets managed by the mutual fund industry jumped nearly 40 per cent in a year to ₹68.05 trillion in November 2024, a 39.59 per cent jump over November 2023, according to the latest data from the Association for Mutual Funds in India. Equity vs debt The data further reveals that the proportionate share of equity-oriented schemes was 59.7 …

These three mid cap stocks pay large dividends. Top mutual funds love them.
4 months, 1 week ago

These three mid cap stocks pay large dividends. Top mutual funds love them.

Live Mint  

While blue-chip stocks often hog the spotlight, the mid cap segment has been flourishing quietly, delivering impressive growth in recent years. With a market cap of ₹8,856 crore and a dividend yield of 3.99%, Gujarat Pipavav Port Ltd is a strong candidate for dividend-focused investors seeking both stable income and growth potential. View Full Image Gujarat Pipavav Port Ltd Share …

Equity fund inflows surge 21% to ₹41,887 crore in October; SIPs reach record high
4 months, 1 week ago

Equity fund inflows surge 21% to ₹41,887 crore in October; SIPs reach record high

Live Mint  

On November 11, equity mutual fund inflows saw a notable jump of 21.69 percent month-on-month, reaching ₹41,887 crore in October, according to the latest data from the Association of Mutual Funds in India. In October, hybrid mutual funds saw a significant surge in inflows, attracting ₹16,863.3 crore, compared to ₹4,901 crore in September. Corporate bond mutual funds saw steady inflow …

Top 5 stocks that mutual fund managers are buying aggressively
1 year, 1 month ago

Top 5 stocks that mutual fund managers are buying aggressively

Live Mint  

Mutual fund managers continued their robust equity purchases for the fifth consecutive month in December 2023, pushing their total net equity investments over ₹1.7 trillion in the calendar year. For the December 2023 quarter, mutual funds have increased their stake in the company to 7.2%, up 6.9% from 14.1% in the September 2023 quarter. According to the December 2023 shareholding …

Mutual funds: 7 best performing banking & financial services funds
1 year, 2 months ago

Mutual funds: 7 best performing banking & financial services funds

Live Mint  

Large-cap bank stocks have failed to deliver the anticipated returns, experiencing negative performance in the current bullish market. Despite these challenges, foreign institutional investors exhibited confidence by allocating more than half of their ₹42,700 crore investment solely to financial stocks during the initial two weeks of December. Numerous mutual fund houses have introduced banking and financial services funds to leverage …

Mutual fund houses are expected to go slow on NFOs this year. Here’s why
1 year, 7 months ago

Mutual fund houses are expected to go slow on NFOs this year. Here’s why

Live Mint  

The asset management companies are slowing the pace of launching new mutual funds schemes and drafted the documents for only 59 new fund offerings so far this year. In August so far, only two draft documents were filed by fund houses Bajaj Finserv Mutual Fund and WhiteOak Capital Mutual Fund, as per data from market regulator Securities Exchange Board of …

Mutual funds invest more than Rs 2,400 crore in equities in May
1 year, 9 months ago

Mutual funds invest more than Rs 2,400 crore in equities in May

India TV News  

New Delhi: After withdrawing capital from equities in April, mutual funds put in over Rs 2,400 crore in stocks last month, primarily due to robust GDP growth, controlled inflation levels, and balanced liquidity in the economy. "Stable GDP growth, low inflation, investor-friendly policies, and global market sentiments towards emerging economies play a significant role in attracting investments from both mutual …

Reliance, Infosys, Tata Motors among top largecap stocks mutual funds are buying
1 year, 11 months ago

Reliance, Infosys, Tata Motors among top largecap stocks mutual funds are buying

Live Mint  

Mutual funds remained bullish on the Indian equities in the just concluded fiscal FY23 and invested ₹1.82 lakh crore largely due to a strong interest from retail investors and the correction in the market that led to reasonable valuation. According to the monthly data analysed by domestic brokerages, major mutual fund houses have bought largecap stocks that include Infosys, Reliance …

Mutual fund redemption pressure continued in August
4 years, 6 months ago

Mutual fund redemption pressure continued in August

Deccan Chronicle  

Mumbai: Retail investors in mutual funds continued to book profits in equity-linked funds in August just as they did in July. Equity mutual funds saw almost daily redemptions in August barring a few days of net buying as per monthly data now available with the Securities and Exchange Board of India. As per data released by custodians to Sebi, August …

Mutual funds folio count surges by over 6 lakh in May amid volatile market conditions
4 years, 9 months ago

Mutual funds folio count surges by over 6 lakh in May amid volatile market conditions

India TV News  

The mutual fund industry added 6.12 lakh investor accounts in May, taking the total tally to 9.1 crores, amid volatile market conditions and concerns over the impact of coronavirus pandemic. According to data from the Association of Mutual Funds in India, the number of folios with 44 fund houses rose to 9,10,41,392 at the end of May, from 9,04,28,589 at …

Mutual funds add over ₹ 4 lakh cr to asset base in 2019, expects momentum to continue in new year
5 years, 2 months ago

Mutual funds add over ₹ 4 lakh cr to asset base in 2019, expects momentum to continue in new year

India TV News  

Mutual funds have added a staggering over Rs 4 lakh crore to their asset base in 2019 and the industry expects the growth trajectory to continue in the new year on the back of strong inflows in debt schemes and measures taken by regulator Sebi for boosting investors' confidence. The asset under management of the industry rose by 18 per …

Equity mutual fund inflow hits 5-month low in Oct
5 years, 4 months ago

Equity mutual fund inflow hits 5-month low in Oct

India TV News  

Equity mutual funds witnessed a net inflow of Rs 6,015 crore in October, the lowest in the last five months, amid a rally in the stock market following a series of reform measures taken by the government. According to data by the Association of Mutual Funds in India, open-ended equity schemes witnessed an infusion of Rs 6,026 crore, while there …

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 fund investors keep faith in stocks despite market rout
5 years, 7 months ago

Mutual fund investors keep faith in stocks despite market rout

Live Mint  

Mumbai: 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. Stock plans received ₹8,110 crore, according to the Association of Mutual Funds in India. “We saw inflows despite a difficult month, a sign of investors becoming more mature and holding their …

Private banks’ share in MF holdings nears 20 per cent
5 years, 8 months ago

Private banks’ share in MF holdings nears 20 per cent

Deccan Chronicle  

Mumbai: Private banks, the top sectoral holding of mutual funds, saw their weightage touch a new high in June. On month-on-month basis, the weight of private banks, consumer, utilities, technology, NBFCs, retail, metals and PSU Banks increased, while that of oil & gas, chemicals, autos and cement moderated as June saw a notable change in sector and stock allocation of …

Mutual fund assets rise to Rs 25.43 lakh cr in May; fixed maturity plans continue to see outflow
5 years, 9 months ago

Mutual fund assets rise to Rs 25.43 lakh cr in May; fixed maturity plans continue to see outflow

Firstpost  

New Delhi: Fixed Maturity Plans witnessed outflow for the second straight month in May as investors pulled out Rs 1,797 crore from the schemes, amid many non-banking finance companies grappling with debt woes. However, latest data from industry body AMFI on Monday showed that average Assets Under Management of mutual funds rose to Rs 25.43 lakh crore in May from …

Mutual Funds add Rs 1.24 lakh cr to asset base in 2018 on SIP flows, strong retail participation
6 years, 2 months ago

Mutual Funds add Rs 1.24 lakh cr to asset base in 2018 on SIP flows, strong retail participation

Firstpost  

The asset under management of the industry grew by 5.54 percent or Rs 1.24 lakh crore to Rs 23.61 lakh crore at the end of December 2018, up from Rs 22.37 lakh crore at the end of December 2017, latest data available with the Association of Mutual Funds in India showed. New Delhi: Mutual funds have added a staggering Rs …

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 …

Mutual funds’ exposure to banks hits 3-month low in September
6 years, 5 months ago

Mutual funds’ exposure to banks hits 3-month low in September

Live Mint  

New Delhi: Mutual funds’ holding of banking stocks declined by over ₹ 21,600 crore to ₹ 1.88 lakh crore in September, driven by the correction in equity markets. Overall deployment of equity funds in bank stocks stood at ₹ 1,88,620 crore at the end of September as compared to ₹ 2,10,251 crore in the preceding month, as per data available …

Indian mutual funds beat global growth pace by over 100%
6 years, 5 months ago

Indian mutual funds beat global growth pace by over 100%

Live Mint  

In the last 10 years, India’s mutual fund industry has grown 12.5% annually on average, outperforming the growth clocked by the world and developed regions by more than double, according to a report by the Association of Mutual Funds of India and global analytics firm Crisil. “Around the same time last year, there was a rising equity market, low rates …

Equity mutual funds log Rs 10,585 cr inflow in July; total investment crosses Rs 43k cr so far this fiscal
6 years, 7 months ago

Equity mutual funds log Rs 10,585 cr inflow in July; total investment crosses Rs 43k cr so far this fiscal

Firstpost  

Strong inflow pushed the asset base of equity mutual funds by more than 10 percent to Rs 8.3 lakh crore by July-end from Rs 7.5 lakh crore at end-March. New Delhi: Investors pumped a staggering Rs 10,585 crore in equity mutual funds in July, mainly driven by strong corporate earnings and near normal monsoon. With this, total inflow has reached …

How mutual funds prepared to ride out market volatility
7 years, 1 month ago

How mutual funds prepared to ride out market volatility

Live Mint  

Mumbai: Indian mutual fund managers say that they were not caught unawares by the sharp volatility in recent days, but had prepared for it by reducing their exposure to small-cap stocks and moving towards blue-chips. For example, we have seen many small-cap funds booking profits in small caps and shifting to mid-cap stocks and mid-cap funds buying nascent large-cap stocks. …

Household savings coming into bank deposits, life insurance funds and shares increased manifold: Economic Survey
7 years, 1 month ago

Household savings coming into bank deposits, life insurance funds and shares increased manifold: Economic Survey

Firstpost  

Economic Survey says mutual funds witnessed an inflow of over Rs 2.53 lakh crore savings in April-October period of current fiscal New Delhi: Mutual funds have been gaining traction among investors as growth of household savings in such financial products registered a phenomenal increase of more than 400 percent in 2016-17, according to the Economic Survey tabled in Parliament on …

Mutual funds' asset base from smaller cities up 47% at Rs 3.41 lakh cr
7 years, 8 months ago

Mutual funds' asset base from smaller cities up 47% at Rs 3.41 lakh cr

Firstpost  

Mutual funds’ assets under management from B15 locations grew from Rs 2.32 lakh crore in May 2016 to Rs 3.41 lakh crore at the end of May 2017, according to latest data available with the Association of Mutual Funds in India. New Delhi: Contribution of the country’s smaller towns - beyond top-15 cities in industry parlance - to mutual funds’ …

The rising clout of mutual funds
7 years, 8 months ago

The rising clout of mutual funds

The Hindu  

Last week, the mood was celebratory as the mutual fund industry congregated at the annual AMFI Mutual Fund Summit, in Mumbai. As of end-March 2017, retail investors had parked a whopping ₹8.7 lakh crore with domestic mutual funds. Data from the AMFI-CRISIL study shows that, from owning 2.9% of the outstanding shares in the market by value just three years …

A to-do list for mutual funds in 2016
9 years, 2 months ago

A to-do list for mutual funds in 2016

Live Mint  

The mutual fund industry has grown at a rapid pace in the past two years and assets under management are at an all-time high. The number of people who actively sell mutual funds are in the thousands, compared to the millions who sell insurance policies, real estate, gold and ponzi schemes. Mutual funds are marketed with jargon-laced facts without creating …

Mutual fund exposure to bank stocks surges to Rs 70,000 crore in Nov
10 years, 3 months ago

Mutual fund exposure to bank stocks surges to Rs 70,000 crore in Nov

India TV News  

New Delhi: The mutual fund industry is betting big on banking stocks as its equity exposure to the sector climbed to an all-time high of over Rs 70,000 crore in November amid the market rally. Their investments in banking stocks stood at Rs 70,575 crore as on November 30, 2014, accounting for 21.23 per cent of their total equity assets …

Mutual fund investments in IT stocks hit all-time high of Rs 31,834 cr in Sept
10 years, 4 months ago

Mutual fund investments in IT stocks hit all-time high of Rs 31,834 cr in Sept

India TV News  

New Delhi: The mutual fund industry is betting big on software companies as its equity exposure to the sector climbed to a fresh all-time high of around Rs. This also marks the fourth consecutive rise in mutual fund industry's exposure to software stocks. This year has seen a consistent growth in investment in software stocks by equity fund managers and …

Mutual Fund's exposure to bank stocks hits record high
10 years, 6 months ago

Mutual Fund's exposure to bank stocks hits record high

India TV News  

New Delhi: Mutual fund managers raised their exposure in bank stocks to all-time high of over Rs. 56,625 crore as on August 31, accounting for 20.10 per cent of their total equity assets under management of Rs. According to market participants, MFs have been showing interest in banking stocks since the beginning of the year amid rising equity market. This …

Mutual Fund industry's asset base grows by Rs 1 lakh crore in 2013
11 years, 2 months ago

Mutual Fund industry's asset base grows by Rs 1 lakh crore in 2013

India TV News  

New Delhi: Following a smart turnaround in 2013 with an increase of over Rs 1 lakh crore in its asset base to nearly Rs 9 lakh crore, the mutual fund industry is looking forward to 2014 in the hope that it would be even better. MF industry's assets under management hit a record high of Rs 9.58 lakh crore in …

Investors Looking For Safety Abandon Mutual Funds
16 years, 5 months ago

Investors Looking For Safety Abandon Mutual Funds

NPR  

Investors Looking For Safety Abandon Mutual Funds Wall Street's meltdown is taking a huge toll on U.S.-managed mutual funds. JOHN MCCHESNEY: During the month of September, investors yanked a record $72 billion out of stock and bond mutual funds. MCCHESNEY: Only eight days into October, investors sucked an additional $49 billion out of mutual funds, bonds, as well as equities. …

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