mutual funds
Sebi comes up with system audit framework for AMCs-MFs
The regulator has asked MFs and AMCs to conduct system audit on an annual basis by an eligible independent auditor.
Mutual funds close FY19 with 11.41 pc rise in AUM at Rs 23.8 trillion
On a monthly basis, assets under management (AUM) grew 2.73 per cent from Rs 23.16 trillion in February.
Investment in equity mutual funds drops 35pc to Rs 1.11 lakh cr in FY19
Mutual funds are invested in stocks, bonds and money market instruments, among others.
5 mutual fund mobile apps for investing ahead of 31 March
There are few mobile apps which will allow you to invest in direct schemes of mutual funds without any fee.
FPI net inflows in stocks hit 15-mth high of Rs 17,220 crore in February
Foreign portfolio investors had pumped in a net amount of around Rs 19,728 crore into Indian stocks in November 2017.
Insurers too got stuck in securitised debt deals
Poor quality and lapses in financial credit derivative instruments CBLO had shook the Wall Street in 2008 and triggered the global financial crisis.
Investment firms don’t usually have cash flows
In a way, these investments are banking more on faith than on cash flows.
Mutual funds buying consumer facing scrips
Large cap stocks, which saw selling by AMCs were Indiabulls Housing, Bharti Infratel, Vodafone Idea, Piramal Enterprises and NMDC.
Inflow to equity funds slump 60 per cent to Rs 6,158 cr in Jan
Overall, mutual fund industry witnessed a net inflow of Rs 65,439 cr in Jan as against an inflow of Rs 1.06 lakh cr.
Sebi to seek securitised debt details
Mutual funds come under regulator’s lens for possible fraudulent deals.