L&T Mutual Fund declares 0.01% dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was September 14. The latest NAV of the scheme is Rs 1011.78.

The investment objective of the open ended liquid fund scheme is to generate reasona

Mutual Funds folios surpasses 6-cr mark at August -end on high retail push

Showing a growing interest for mutual funds among investors, the number of folios has grown by 2.4 per cent to cross 6 crore at the end of August, according to ICRA, reported PTI. The total folio count at the end of August stood at 6.08 crore, 2.4 per cent higher compared to July.

The growth was primarily on the back of 10.9 lakh new folios added to the equity category (including equi

Weekly Market Outlook - Shibani Kurian, Sr. Vice President and Head of Equity Research - Kotak Mutual Fund

Below is the View On Weekly Market Outlook by Shibani Kurian, Sr. Vice President and Head of Equity Research, Kotak Mutual Fund

“Apart from our domestic cues, the global factors such as geo-political risks emanating from North Korea and the direction of movement of commodity prices especially oil are likely to remain in focus driving overall market sentimen

10 year Benchmark 6.79% GOI 2027 likely to move in the range of 6.51 to 6.57% levels - GEPL

Government Security Market:

Update On the back of positive rally in the US treasury market the Indian Bond reacted positively and went below to 6.50 mark in the opening of the last week but couldn’t sustained at 6.47 level and came back to 6.54 level after the analyst poll for upcoming CPI data at 3.29 versus 2.36 per cent in the last month, a s

11/09/2017 5:20:57 PM | Posted in Mutual Fund Analysis read full news
Equity Mutual Funds inflows at record Rs 20K-cr in August

Equity mutual funds registered a record inflow of Rs 20,362 crore in August on strong participation from retail investors and steps taken by markets regulator Sebi to create awareness about such investment products. This also marks the seventeenth straight month of inflows into equity schemes. Prior to that, such funds had witnessed a pullout of Rs 1,370 crore in March 2016. The strong inflows

Morningstar Views on the AuM crossing 20 trillion!

The Indian Mutual Fund industry has been witnessing phenomenal growth since 2014.  The Industry Assets Under Management (AuM) doubled over the last 3 years and currently stands at INR 20.6 lakh crore in Aug’17, up from 10.1 lakh crore in Aug’14.  The last three years and especially the last year have been characterized by large inflows into Equity and Balanced Funds, with

7/09/2017 5:22:06 PM | Posted in Mutual Fund Analysis read full news
Mutual Fund`s Portfolio July Activity - Morningstar

That Reliance Industries is the most sold large cap stock. Also, Infosys has been the 5th most purchased and 4th most held large cap stock in the month of July.

Top Large Cap Stocks Purchased (By Market Value)

 

Top

24/08/2017 5:29:09 PM | Posted in Mutual Fund Analysis read full news
Morningstar Offshore Fund Spy Report June quarter

Contents

This report provides insights into performance, estimated flows, and asset trends for offshore funds focussed on the Indian equity market (or “Indian securities”). The flows are estimated from assets and total returns for the quarter ended June 2017.

An offshore India fund is one that is not domiciled in India but invest

Equity AUM witnesses quickest INR1t jump - Motilal Oswal

Key observations

* Equity AUM of the MF industry grew 6.4% MoM to INR6.3t in July to a new high, also marking the quickest INR1t jump.

* The increase in equity AUM was led by a rise in market indices (Nifty up 5.8% MoM). While gross inflows remained steady (INR280b, up 6% MoM), redemptions fell 16% MoM to INR153b. Consequently, net inflows in

16/08/2017 3:52:14 PM | Posted in Mutual Fund Analysis read full news
BSE StAR MF processes over Two lakh orders in a Single day

Mumbai : BSE StAR MF distribution platform, the largest distribution framework for Indian Mutual Fund, processed 2,02,016 orders on August 10, 2017, a record high for a day.  The total value of these orders is over Rs. 300 crs. The platform received over Two lakh order today.    

BSE StAR MF witnessed a growth over Year on Year basis in orders to Rs. 65

14/08/2017 10:44:41 AM | Posted in Mutual Fund Analysis read full news
Equity mutual funds see record Rs 12,727-cr inflow in July

Equity mutual funds saw a record inflow of Rs 12,727 crore in July primarily due to a rally in the stock markets and hopes of rate cut by the Reserve Bank. This also marks the 16th straight month of inflows into equity schemes. Prior to that, such funds had witnessed a pullout of Rs 1,370 crore in March 2016. The strong inflows have pushed the asset base of equity mutual funds (MFs) by more tha

10 year Benchmark 6.79% GOI 2027 likely to move in the range of 6.37% to 6.45% levels - GEPL

Government Security Market:

Update The Reserve Bank of India cut repo rate by 25bps to 6 per cent from 6.25 per cent and cited concern on the inflation numbers going forward. The market reacted on the negative front and 10 year government bond yield spiked to 6.48 per cent and recovered by 2 bps points. Rupee extended the gain and appreciated sharply t

24/07/2017 4:56:24 PM | Posted in Mutual Fund Analysis read full news
Mutual Funds folios touch record-high of 5.8 cr in June

Showing a growing traction for mutual funds among investors, the number of folios has grown by over 93 lakh to an all time high of 5.82 crore at the end of June 2017, from the year-ago level, driven by strong participation from retail investors.

According to data from the Securities and Exchange Board of India (Sebi) on total investor accounts with 42 active fund houses, the number of

AUM up 6.7% QoQ in 2QCY17; Defensives preferred in June - Motilal Oswal

AUM up 6.7% QoQ in 2QCY17; Defensives preferred in June

Domestic mutual fund (MF) industry average AUM increased for the 15th consecutive quarter in 2QCY17 (+6.7% QoQ) to a new high of INR19.6t. On YoY basis, average AUM saw a 35% rise (INR5.1t), primarily on account of inflows in growth (equity), income and liquid funds, backed by increased participat

18/07/2017 3:22:12 PM | Posted in Mutual Fund Analysis read full news
10 year Benchmark 6.79% GOI 2027 likely to move in the range of 6.48% to 6.56% levels - GEPL

Government Security Market: Update

Government debt securities saw robust response from foreign investors, attracting bids worth USD 4.6 billion as against USD 3.2 billion on offer. Foreign portfolio investors (FPIs) have bid for investment limits in government debt securities worth Rs 29,950 crore (USD 4.62 billion) as against Rs 20,397 crore (USD 3.1

10/07/2017 4:14:43 PM | Posted in Mutual Fund Analysis read full news
Equity Mutual Fund inflows jump 3-fold to Rs 28,000-cr in April -June

Equity mutual funds have seen an inflow of over Rs 28,000 crore in April-June 2017, a surge of nearly three-times from the year-ago level, underpinned by investors' optimism, reported PTI. "Inflows in equity mutual fund schemes have been robust of late as investors chase higher returns in the wake of lower yields from fixed income instruments and poor performance by realty and commodit

Mutual funds managers need to improve due diligence: SEBI

MUMBAI - Indian mutual funds need to improve their due diligence before investing in corporate bonds and not rely only on credit ratings given rising concerns about potential defaults, the chairman of Securities and Exchange Board of India (SEBI) said on Thursday.

The warning by SEBI Chairman Ajay Tyagi comes as several companies, including Amtek Auto, Jindal Steel an

Mutual Fund AUM rises 7% to Rs 19.52 lakh cr in April-June quarter

Mutual fund industry's asset base rose 7 per cent to all time high of Rs 19.52 lakh crore at the end of June quarter, driven largely by strong participation from retail investors, reported PTI. In comparison, assets under management (AUM) of the MF industry, comprising 42 players, were at Rs 18.3 lakh crore during the January-March quarter, as per the data of Association of Mutual Funds in

Press Release: UTI Dividend Yield Fund declares tax-free dividend of 7.50%

UTI Dividend Yield Fund declares tax-free dividend of 7.50% (Re.0.75  per unit on face value of Rs.10) under dividend option-existing plan and dividend option –direct plan. Pursuant to the payment of dividend, the NAV of the dividend option-existing plan and dividend option-direct plan of the scheme would fall to the extent of payout.  

The record date for the dividend

16/06/2017 3:22:58 PM | Posted in Mutual Fund Analysis read full news
10 year Benchmark 6.79% GOI 2027 likely to move in the range of 6.45% to 6.55% levels - GEPL

Government Security Market: Update

 At the start of the week the RBI monetary policy was in the focus as the market was showing the big movement after the US job data was below expected numbers and raised the question whether Fed will hike rates in June policy. The Reserve Bank of India in a policy review cut SLR by 50 bps to 20 per cent and eased

12/06/2017 4:35:36 PM | Posted in Mutual Fund Analysis read full news
Fund upgrades and downgrades over the past 6 months - Morningstar

The Morningstar Analyst Rating for Funds is a forward-looking analysis of a fund. The analyst looks at five key areas crucial to predicting the future success of a fund: People, Parent, Process, Performance, and Price. Also called the 5 pillars, they are used in determining the Morningstar Analyst Rating for a fund.  

 

Gold / Silver / Bronze

9/06/2017 5:02:22 PM | Posted in Mutual Fund Analysis read full news
India Fixed Income Review: Risk Reward Reasonable, Once Again by HDFC Mutual AMC - HDFC Mutual Fund

The last few quarters have witnessed several developments in fixed income markets. These are summarized below.

* 10 year yields (6.97 GOI 2026) have moved higher by 38 bps since Jan 2017 to 6.74% currently. From the bottom of 6.18% as in Nov 2016, the yields are up 56 bps. The yield for this paper peaked at 6.98% in May ‘17

* GST rates have been final

6/06/2017 3:53:48 PM | Posted in Mutual Fund Analysis read full news
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.75% to 6.85% levels - GEPL

Government Security Market:

Update The Reserve Bank of India surprised the market by raising reverse repo rate by 25bps last week, after unexpectedly signaling an end to its monetary easing cycle in February, while the authority has said it will use the host of tools including OMO sale of bonds to drain excess cash from the system. After a fall to 6.87

20/04/2017 11:57:22 AM | Posted in Mutual Fund Analysis read full news
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.72% to 6.83% levels - GEPL

Government Security Market: Update

Foreign funds have been pouring into India, driving stocks to a record and pushing up bond prices, since Prime Minister Narendra Modi’s party won an election in a key state on March 11. Yields on local 10-year bonds are among the highest in the region and the rupee’s rally post the election results has mad

27/03/2017 3:29:15 PM | Posted in Mutual Fund Analysis read full news
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.72% to 6.87% levels - GEPL

Government Security Market: Update

An outcome of UP election turned positive for the market but the macro data (CPI and WPI) had disappointed the market as CPI surged to 3.65 per cent from 3.17 per cent and WPI to 6.25 per cent but the core number eased from the last month had some relief for the market. Later during the week Fed as anticipated increas

20/03/2017 4:27:59 PM | Posted in Mutual Fund Analysis read full news