The Association of Mutual Funds in India (AMFI), released its monthly data, some of the figures were encouraging and some showed signs of subdued performance. Assets Under Management (AUM) as on 31 May 2019, stood at Rs 25,93,560 crore and crossed a landmark of Rs 25 Lakh crore to (almost) touch a new high of Rs…

Recently, since the debacle of IL&FS and DHFL defaulting made news headlines, the investors became distraught. And it shattered their delusion of debt investment is safe. Wary investors are cautious with their hard-earned money and losing interest in investing in debt funds. To prevent this from happening, several fund houses started offering debt schemes that…

ICICI Prudential MNC fund is another open-ended equity thematic fund launched by ICICI Prudential Mutual Fund. What is a Thematic/Sector Fund? A thematic/ sector fund aims to invest in companies that are unified with one specific theme or of that sector. For example, a fund investing in housing theme would invest in sectors such as…

Yes Mutual Fund, a newbie in the Mutual Fund industry has launched yet another debt scheme, Yes Ultra Short-Term Fund (YUSTF), to increase its product offering for its growth in the competitive industry.  YUSTF is an open-ended debt scheme investing in debt and money market instruments such that the Macaulay duration of the portfolio is…

Ethical, unbiased, and research-backed advisers are like the financial doctors who counsel investors in making prudent investment decisions. They don many hats — as asset manager, financial planner, psychologist, and investment counsellors to service their client’s financial needs. Unfortunately, advisers encounter several hurdles and overcoming these challenges gets overwhelming to manage. Here are a couple…

Due to recent downgrading episodes of several corporates like IL&FS and DHFL, many liquid funds posted steep losses as they were having exposure to these companies. It made the investors aware that debt fund investment isn’t completely risk-free. While liquid funds were widely perceived to be a safe and better alternative to short-term deposits offered…

DSP Mutual Fund has launched an open-ended scheme, DSP Quant Fund (DSPQF), that will invest in equity, based on a quant model. What is a Quant fund? A quant fund is a thematic /sectoral type of an open-ended equity mutual fund, as it follows a specific approach of investing. Quant funds follow quantitative analysis to…

Last week, the Association of Mutual Funds of India (AMFI) released monthly figures to share insights on the development of the mutual fund industry. There has been a growth of 8.91% in AUM from Rs. 23.21 trillion in April 2018 to Rs. 25.28 trillion in April 2019. Graph 1: Average AUM of the Indian Mutual…

Kotak Mutual Fund launched an open-ended debt scheme, Kotak Floating Rate Fund (KFRF). The scheme will predominantly invest in floating rate instruments. As per reclassification, a floating rate fund is a category of debt scheme that invests a major portion of its corpus (about 60-100 per cent) in floating rate instruments and the rest in…

After the defaulting episodes of IL&FS and DHFL, many liquid funds posted steep losses as they were having exposure to these companies. It made the investors aware that debt fund investment isn’t completely risk-free. While liquid funds were widely perceived to be a safe and better alternative to short-term deposits offered by banks, their popularity…