Remuneration of Mutual Fund managers’ may soon be linked to the performance of the schemes they manage if the market regulator accepts suggestions of the Mutual Fund Advisory Committee. But isn’t that supposed to be the case? Why haven’t mutual fund houses already linked their fund managers’ pay with their performance? According to an article…
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…
Number 303 seems to have a special importance in world history. Not many of you might know that the British Army defeated the Nazis in World War II had employed the 303-rifle–the third most effective rifle of all times after AK-47 and M-16. Nonetheless, experts claim the 303-rifle has been the most destructive weapon on…
You will soon be able to invest in commodity derivatives through mutual funds. The capital market regulator has been trying to encourage institutional investors to increase their participation in the commodities derivatives market for the past 2-3 years. Finally, it’s ready with the framework. SEBI has already permitted Alternative Investment Funds, Eligible Foreign Entities, and…
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…
Responsible investment advisers always recommend mutual funds with a proven track record to investors/clients. And they hope that their suggested schemes will continue to outperform not only the benchmark indices but even the peers in the fund category. Investors too expect to maximise their returns in their journey of wealth creation when they invest in…
