ITI Mutual Fund is promoted by ITI Group, which is the promoter of the first private sector fund house Pioneer ITI Mutual Fund, that was taken over by Franklin Templeton Mutual Fund in 2002.  ITI Group is a conservative, emerging and innovative financial services company which has interest in various financial services businesses. ITI Mutual…

Mirae Asset Focused Fund (MAFF) is a new fund from the stable of Mirae Asset Mutual Fund. It is an open-ended diversified equity scheme which will follow a focused approach of investing in equity and equity related instruments. As per SEBI regulations, a focused fund is not allowed to hold more than 30 stocks and…

It has been two years since the launch of the ‘Mutual Funds Sahi Hai’ campaign in March 2017. And considering the way Indian investors have always invested—in physical assets (gold and real estate) and traditional avenues (viz. Bank FDs PPF, and other small saving schemes)––the Indian mutual fund industry has made commendable progress supported by…

Although, unwillingly, DHFL Mutual Fund is flouting the group exposure norms set by SEBI. Three of its debt schemes have a concentrated exposure to DHFL’s downgraded debt instruments, beyond a limit prescribed by the capital market regulator. Unfortunately, they are still open for subscription. According to media reports, the market regulator has taken a note…

Recently the markets corrected, several fund houses saw this as an opportunity to invest in the beaten down small cap space. As the small-cap stocks provide an opportunity to buy stocks at moderate pricing and have the potential to generate returns over the long term. Principal Small Cap Fund (PSCF), launched by Principal Mutual Fund,…

The mutual fund industry witnessed an average addition of 9.13 lakh SIP accounts every month in FY 2018-19. A remarkable achievement for the mutual fund industry isn’t it? According to AMFI, inflows through SIPs jumped 38% from Rs 67, 190 crore in FY 2017-18 to Rs 92,693 crore in FY 2018-19. Encouraging SIP inflows Month…

Indiabulls mutual fund has launched its first passively managed fund, Indiabulls Nifty50 Exchange Traded Fund (IN50ETF) This exchange-traded fund or ETF will comprise of stocks that replicates the composition of its benchmark, the Nifty 50 index. ETF provides an opportunity to invest across the entire market cap on a real-time basis at lower costs, hence…

Reports of naïve investors who have been duped are plenty, and that’s precisely why investors do not trust Independent Financial Advisers (IFAs) today. But, one needs to recognise that trust is earned over a period of time by doing what’s respectful and moral. And investors are cautious at every step. After all, it’s a matter of their hard-earned…

If investors are unhappy with their mutual fund distributor (for any stated or unstated reason), they find a new one and replace their existing distributor. That’s the harsh reality. In fact, it’s entirely possible that some of your existing clients had issues with their previous mutual fund distributor/agent. As they say, one person’s loss is…

Ever since the Mutual Fund Sahi Hai campaign, there has been an increased awareness about investing in mutual funds and assets managed by the mutual fund industry have grown from Rs. 23.17 trillion in February 2018 to Rs. 24.25 trillion in February 2019. This represents a 4.66% growth in assets over a year. Graph: AUM of…