Mutual Funds India

Equity outflows from mutual funds may continue

"There is redemption pressure seen in the equity mutual funds as investors are exiting by booking profit after the rise in benchmark indices like Sensex and Nifty. I think, this trend is likely to continue till the Sensex shows some signs of stabilisation beyond 20,000 mark," LIC Nomura Mutual Fund Chief Executive Officer Nilesh Sathe said.

Feb 10, 2013, 19:20 PM IST

Sebi to introduce product labelling for MFs soon

"Product labelling is an important investor education agenda for Sebi. The scheme profile will be given very shortly and finally it will be with colour codes," S V Muralidhar Rao, executive director of Sebi (Securities and Exchange Board of India) said on Saturday.

Feb 02, 2013, 17:58 PM IST

'MF industry has scope to come out with simple products'

"Solution lies in technology, innovative products but again I am not in favour of too much of a complicated or sophisticated product.

Dec 12, 2012, 13:49 PM IST

'Direct plans likely to bring down costs for MF investors'

"The move to implement direct plans will help in reduction in total expense ratio under a scheme by around 60-70 basis points," Quantum Mutual Fund Chief Executive Jimmy A Patel said.

Dec 09, 2012, 18:08 PM IST

Investors pump in Rs 47,000 crore in MFs in Oct

This was the highest monthly net inflow since April, when investors had poured in Rs 92,746 crore in mutual fund schemes. There were net outflows of Rs 51,907 crore in September.

Dec 03, 2012, 15:54 PM IST

‘Most equity MFs in India underperform over 5 years’

Majority of equity mutual funds in the country have underperformed against their respective benchmark indices over the last five years, according to a report by S&P Dow Jones Indices and Crisil released Thursday.

Sep 06, 2012, 22:25 PM IST