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Equity MFs see Rs 9,115 crore inflows; debt funds record Rs 52,528 crore outflows
For the financial year 2020-21, equity fund flows remained net negative as outflows persisted from July 2020 to February 2021. The outflows were triggered by a bounce-back in the market post Covid crash that drove investors to book profits or rebalance their portfolios
RBI's G-SAP 1.0 masterstroke: Where should debt mutual fund investors invest?
The RBI will purchase government securities worth Rs 1 lakh crore under GSAP 1.0 in Q1FY22. It had purchased bonds worth around Rs 3.13 lakh crore from the secondary market in FY21.
Overnight, liquid debt funds offer 3% returns in 1 year; reversal on cards, say experts
Overnight funds and liquid funds, which delivered average returns of 6.97 per cent and 6.46 per cent in 2018 and 2019 respectively, offered meager returns of around 3.8 per cent in 2020
Mutual funds turn net buyers; infuse Rs 2,476 cr in equities in March
Prior to the inflows, mutual funds (MFs) had been withdrawing money from equities since June 2020, data available with the Securities and Exchange Board of India (Sebi) showed
Gung-ho on pay-as-you-use motor insurance policy? Think twice
Digit Insurance, ICICI Lombard General Insurance, Edelweiss General Insurance, Bharti Axa General Insurance, TATA AIG General Insurance and Bajaj Allianz General Insurance, etc had received IRDA approval for pay-as-you-go policy under sandboxing
Ask Money Today: Is it good time to invest in pharma mutual funds?
It would be more preferable to select a diversified fund with high pharma exposure or with more exposure towards the ingredients manufacturing space
6 Franklin Templeton schemes under winding up process turn cash positive
Franklin India Income Opportunities Fund has repaid borrowing to the tune of Rs 650 crore since April 2020. The six schemes have received total cash flows of Rs 15,776 crore till March 31, 2021 from maturities, coupons, sale and prepayments since winding up
'Government should create two interest rate slabs in small savings schemes'
Tax savvy investors were concerned about their contribution to Public Provident Fund (PPF) to avail deduction under Section 80C of the Income Tax Act, at lower interest rates
Franklin Templeton says it has no plans to exit India
In a letter issued on Friday, Franklin Templeton President Sanjay Sapre said the fund house had the greatest regard for and absolute trust in SEBI
Best route to double your investment - small savings schemes vs mutual funds
In the current interest rate scenario, fixed income investors look better off with small savings schemes like PPF, NSC, KVP, etc. instead of various debt mutual funds categories