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No free fall in mutual fund inflows after entry load ban (15 November 08:24) |
| Sebi’s decision results in a drop in commissions for mutual fund distributors |
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Trading in MF units allowed (13 November 10:59) |
| Currently, investors buy MFs either from a distributor or from asset management companies (AMCs) |
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TVS Shriram Growth Fund to invest Rs35 crore in two firms (10 November 11:50) |
| The stake purchased by TVS Capital is approximately 36%, said D. Sundaram, vice chairman and managing director, TVS Capital Funds |
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TVS Shriram Growth Fund to ivnest Rs35 crore in two firms (10 November 10:42) |
| The stake purchased by TVS Capital is approximately 36%, said D. Sundaram, vice chairman and managing director, TVS Capital Funds |
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T Rowe Price will invest in India through us (10 November 08:57) |
| T Rowe Price is the fourth largest asset management firm in the US with assets under management of close to $400 billion |
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MF industry assets hit record high of Rs762 trillion (04 November 04:56) |
| The industry’s average AUM grew by Rs19,391 crore, or 2.61%, in October which analysts believe was mainly on the back of increased inflows in fixed income plans |
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MFs waiting to deploy Rs13957 cr in the market (22 October 11:09) |
| Of the Rs13,957.4 crore lying with the existing MFs, Rs912 crore has been mobilised through NFOs |
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Cash holdings of mutual funds down to 20-month low (21 October 11:49) |
| Cash holdings of diversified equity funds averaged 5-6% of total assets in September, according to data compiled by mutual funds tracker, Morningstar India |
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MFs see outflow of Rs144 lakh cr in Sept (20 October 03:30) |
| The combined net outflow from the 36 fund houses stood at Rs1,44,327 crore in September, as per the Association of Mutual Funds in India data |
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Debt funds look up in September (15 October 01:36) |
| The ample liquidity, which stood around Rs1.5 trillion, during the month also helped bond prices |
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Mutual funds need to disclose more in offer documents (11 October 10:03) |
| We had a combination of issues which made it easier for fund houses to raise new money under a new banner than to raise new money under an existing fund, said K.N. Vaidyanathan, executive di... |
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Investors start to return to PE funds but with caution (08 October 09:21) |
| A number of funds that were struggling to achieve closure are hopeful of reaching targets |
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ING MF declares 20 dividend for ING CUB Fund (05 October 04:02) |
| The net asset value of the fund as on 30 September was Rs14.39 |
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Fixed maturity plans in demand (30 September 11:08) |
| As many as 18 new FMPs have been launched this month, data from ICRA Online shows, and offer documents of at least 10 more are awaiting clearance from Sebi |
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Deadline on lower foreign stake extended (30 September 10:02) |
| The department of industrial policy and promotion, or DIPP, said this was the last opportunity for the exchanges to comply with the 19 August 2008 guidelines |
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Indian markets are still far from overheated (30 September 09:55) |
| Compared with December 2007, open interest in the single stock futures segment is still down by about 57%, which shows that traders are still far away from taking the high risks they used to... |
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Religare Mutual Fund launches PSU Equity Fund (29 September 08:08) |
| The fund will invest in public sector companies having presence in core sectors and companies, which are expected to benefit from the divestment process and reforms |
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Mutual funds can submit final offer documents 2 days before launch Sebi (29 September 07:54) |
| The move will help Sebi create a central database as well |
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NSE BSE may join hands for mutual fund trading (28 September 11:50) |
| The proposed online portal will help investors buy and sell mutual fund units and get consolidated statements |
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Ask Mint On Investments (27 September 08:59) |
| You may send in your stocks and mutual funds related queries to askmint@livemint.com |
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Industry update MF sales hit by abolition of entry load (24 September 12:30) |
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Mutual funds still charging entry fees on existing plans (23 September 09:20) |
| Sebi had banned fund houses from charging investors an upfront fee, known as entry load, from 1 Aug |
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RBI offers Rs600 bn at special repo (22 September 11:01) |
| The special repo facility on a daily basis was introduced on 14 October 2008, offering Rs200 billion to meet liquidity needs of mutual funds. |
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Mutual funds ride on public sector IPOs (16 September 09:40) |
| SBI Funds, Sundaram BNP Paribas Asset Management look to launch PSU-dedicated funds; more in pipeline |
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SREI Infra gets Sebi nod to launch MF business (14 September 03:27) |
| The company would be incorporating two wholly-owned subsidiaries for carrying out the asset management business |
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Investors put Rs32600 cr in MFs in August (13 September 03:30) |
| At the end of August, investors poured in funds worth Rs32,673 crore, down from Rs1,23,679 crore at the end of July, a monthly report by Association of Mutual Funds of India said |
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AMCs told to cap fees paid to mutual funds (11 September 12:26) |
| With the 2.25% entry load gone, mutual fund firms have had to pay these brokerages out of their own earnings, which could potentially hurt their profitability and stability |
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Sebi tells AMCs to cap commissions paid to mutual funds (10 September 08:58) |
| With the 2.25% entry load gone, mutual fund firms have had to pay these brokerages out of their own earnings, which could potentially hurt their profitability and stability |
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MF buying falls after scrapping of commissions (09 September 12:06) |
| The industry had said that this move would leave distributors with no incentive to service small investors |
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Axis AMC gets Sebi nod for mutual fund biz (06 September 10:32) |
| The fund house aims to launch its first set of mutual fund schemes in October 2009. Rajiv Anand, MD & CEO of Axis AMC said |
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Higher lock-in for ULIPs seen helping tax funds (31 August 02:26) |
| The insurance regulator is considering a plan to increase the lock-in period for investments under ULIPs to five years |
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Indian mutual fund industry to revisit business model (24 August 12:11) |
| India has 36 asset management companies (AMCs) and at least some of them are planning to start their own distribution business instead of selling funds through third-party distributors |
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Reliance Mutual Fund declares dividend for 3 schemes (23 August 03:48) |
| The Reliance Banking Fund holders will receive 20% dividend, while the investors of Reliance Pharma Fund will get 15% |
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Sebi asks mutual funds to reduce lock-in periods (18 August 11:30) |
| The fund houses had increased the lock-in period following a Sebi directive to scrap entry loads (a purchase fee) for mutual fund investments from 1 August |
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24 Aug deadline set for equal exit loads (17 August 11:58) |
| An exit load is the fee a fund charges when an investor exits a fund prematurely |
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Religare MF launches Credit Opportunities fund (17 August 05:09) |
| The minimum application amount under offer is Rs5,000 for retail plan and Rs1 crore for institutional investors |
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Govt borrowing plan weighs on debt funds (14 August 08:46) |
| The Reserve Bank of India in its first quarterly review of monetary policy for FY10, indicated a change in stance on interest rates from dovish to neutral on possible inflation concerns |
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Celent sees mutual fund assets at $500 bn by 2014 (12 August 11:07) |
| Assets of mutual fund industry could surge to more than $500 billion by 2014 from about $150 billion now |
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Mutual funds may roll back exit load rates after Sebi ruling (11 August 09:48) |
| Fund houses have to announce in next few days a new structure with lower, uniform rates for all schemes |
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MF investors put in Rs123000 cr in July 2009 (10 August 03:55) |
| The Association of Mutual Funds of India in a monthly report said at the end of July, investors had put in funds worth Rs 1,23,679 crore |
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Returns decline but top hedge funds resist moves to trim fees (03 August 11:09) |
| Hedge funds see such cuts eating into their revenues and are seeking concessions before any fee revision |
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Mutual funds focus on equities as returns from debt instruments fall (02 August 09:50) |
| While yields on debt instruments have been tumbling in the past six months equity markets have seen a steady rise since April holding out prospects of higher returns |
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Mutual funds wary of valuations see stocks up in three months (31 July 03:54) |
| The re-election of a Congress party lead coalition government with a decisive mandate and signs of economic recovery on back of government stimulus has helped sentiment |
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MFs rush to declare dividends (29 July 09:55) |
| Around 30 schemes have used the payout €˜bait€™ after Sebi said 25 entry fee would be scrapped from Aug |
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Sanlam eyeing India fund launch by February (28 July 04:31) |
| The market will become even tougher for fund managers and particularly hostile to small and new players as a ban on entry fees charged by mutual funds €” to be imposed from 1 August |
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Entry fee ban unsettles money managers (28 July 02:49) |
| The ban threatens the incomes of over 87000 distributors agents who sell funds for a fee and bring more than 90 of the business to money managers |
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Mutual fund distributors waive commission for small investors (26 July 09:25) |
| Firms want to avoid handling the low-value cheques they would have to collect if they charge small investors |
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Reliance mutual fund declares dividend for two schemes (22 July 03:51) |
| The company would pay a dividend of 50% or Rs5 per unit and 30% or Rs3 per piece under the equity and balanced options of Reliance Regular Savings Fund, respectively |
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Mutual fund firms prepare for life without loads (22 July 12:01) |
| Distributors are devising ways to provide value-added services so that they can charge a fee for advising clients on financial goals instead of just hawking a product |
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Crisil asks MFs to relook state loan valuations (21 July 11:39) |
| If the MF industry uses the banks’ way of valuing the bonds, it would mean valuing SDLs at lower than prevailing market yields, Crisil said |
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