SEBI in its Board Meeting on September 28, 2021 approved the framework for Gold Exchange and SEBI (Vault Managers) Regulations, 2021 to enable spot trading in gold. Notably, Finance Minister Ms Nirmala Sitharaman had announced the government’s intent to establish a system of regulated gold exchange in India during the Union Budget 2018-19. Consequently, during the Union…

Passively managed equity-oriented mutual funds have gained a lot of traction with investors in the last couple of years. Similarly, in case of debt mutual funds, passive funds such as Target Maturity Funds are slowly emerging as the preferred choice among investors. Over the last few months, various mutual fund houses such as IDFC MF, Edelweiss MF,…

The equity market at an all-time high has made it challenging to find good stocks at a lower price. With Sensex above the 60,000 mark and broader market at an all-time high, investors are actively participating in Initial Public Offerings (IPOs). Investing in IPOs enables investors to benefit from the growth potential of a stock…

The Flexi-Cap Funds category has generated stable returns across most time frames. The schemes in this category have the flexibility to dynamically allocate assets across market segments viz. large-caps, mid-caps, and small-caps without any ceiling limit. The fund managers of Flexi-Cap Funds can invest in whatever segment they spot a growth or value opportunity. Unlike…

SEBI has revised the Risk Management Framework (RMF) for mutual funds. The framework prescribes certain systems, procedures, and practices that mutual funds must follow for managing risks in various areas like fund management, operations, customer service, marketing and distribution, disaster recovery, and business contingency, etc. With this, SEBI aims to ensure that mutual funds render, at all times, high…

SEBI, in its Board Meeting on September 28, 2021, paved the way for the launch of Silver Exchange-Traded Funds (ETFs). It has stated that Silver ETFs will be launched with certain safeguards in line with the existing regulatory mechanism for Gold ETFs. Accordingly, various mutual fund houses will soon launch Silver ETFs, providing investors with…

Equity markets are at a record high; the S&P BSE Sensex recently crossed the milestone level of 60,000. Due to the sharp rally in the equity market, the valuations across market caps have turned expensive. At this point, it is advisable to invest in pure equity mutual funds only if you have a long term investment horizon…

Equity mutual fund investors across categories have made bumper gains in the last one and a half years on the back of a massive rally in the equity market. The S&P BSE Sensex crossed the milestone index level of 60,000 for the first time on September 24, 2021. It has risen more than 12,000 points…

SEBI’s skin-in-the-game rule that aims to align the interest of the ‘Key employees’ of the mutual fund house with the unitholders of its schemes will come into effect from October 01, 2021. As per the rule, Key Employees of the asset management companies will have to mandatorily invest a minimum of 20% of the salary/…

The Sensex and Nifty 50 are inching closer to the 60,000 and 18,000 levels, respectively. Meanwhile, the broader market too has scaled new highs. In the current market scenario, it is advisable to hold diversification across market caps. However, due to the higher risk associated with small-caps, investors who do not have very high risk appetite…