Under pressure, MFs look for change in new year
While the mutual fund industry assets under management crossed ₹31 lakh crore, MFs continued to reel under record–high redemption pressure in December. What would the new year bring?
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January 2021
December 2020
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February 2020
Indian mutual funds set for bumper growth
According to CRISIL Research, the Indian mutual fund industry’s assets under management can touch the ₹50 lakh crore mark by March 2025, and multiple triggers will aid this massive growth.
Why are MF managers going against the grain?
Although bourses are roaring, SEBI data shows mutual fund managers have been playing smart by continuing to be net sellers of equities, even in the month of November.
MFs shouldn’t behave like banks: SEBI chairman
Ajay Tyagi, chairman of the markets regulator, says mutual funds must remember there is a difference between ‘investing’ and ‘lending’; hints at a slew of reforms for the debt market.
Net redemptions in credit risk funds drop 81.5%
Mutual funds industry body AMFI cites the central bank’s ₹50,000 crore special liquidity facility for the development.
RBI opens special liquidity facility for MFs
The central bank announces ₹50,000 crore special liquidity facility for mutual funds to help debt funds tide over market disruptions caused by Covid-19.
When fear overtakes greed
Franklin Templeton India has closed six yield-oriented schemes—which accounted for 63.4% of its total debt-oriented funds’ average AUM. It links the closure to Covid-19-related market dislocations.
MFs invested ₹91,678 crore in equities in FY20
Net equity inflows of mutual funds were 14.9 times higher than foreign portfolio investors’ ₹6,152 crore at end of the fiscal year ending March.
Mutual funds’ AUM declined 18% in March
AMFI data reveals that industry’s net AUM fell over ₹4.96 lakh crore over February, and down nearly 5% compared to March 2019.
Overnight funds in the fast lane
With more than quadrupled average net assets under management and doubling of investor folios in the last 10 months, overnight funds are witnessing hyper growth among debt mutual funds.
