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Mutual fund houses pour in Rs 22000 cr in debt markets in Apr

Mutual fund houses are upbeat about overall inflows in equities and debt markets for the current financial year (2015-16) as well.

 
 
As per the existing norms, a fund manager who is managing a domestic scheme, is allowed to manage an offshore fund, subject to three specific conditions.
In fact, MFs' assets under management (AUMs) hit a record Rs 12.02 lakh crore in February itself.
According to Sebi data on investor accounts with 44 fund houses, the number of equity folios jumped to 3.17 crore last month from 2.92 crore a year earlier.
The fund has delivered 3-year annualised return of 34.16 per cent, compared with the category's 30.72 per cent.
The Budget announced a slight increase in expense ratio, while distributor business may suffer due to its inclusion in the service tax list.
 
 
It allows even the smallest investor or a corporate or a trust to invest even for one night in liquid funds anywhere in India.
According to the latest Sebi data, mutual fund (MF) managers invested a net sum of Rs 7,618 crore in April this year.
The total SIP count of the industry rose to 73.05 lakh at the end of March this year from 62.10 lakh last year, as per the latest data.
Retail investor accounts continued to account for 96 per cent of the total folio base of 4.17 crore as of the March quarter.
Trading platforms, BSE Star MF and NSE MFSS, have collectively witnessed an increase in orders at 19,66,901 in 2014-15 from 8,19,388 in the preceding financial year.

Fund managers invested a net amount of Rs 40,000 crore in equity markets during last financial year.

Even as the stock market enters a bull run, retail investors are unlikely to gain much by investing in commodity funds.
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