Size matters when it comes to MF voting patterns
Business Standard|May 25, 2024
Asset managers are speaking up more than before
SACHIN P MAMPATTA
Size matters when it comes to MF voting patterns

Mutual funds are becoming more assertive with companies they have investments in, but the largest ones are less likely to take confrontational positions.

The biggest fund houses have voted against a lower share of company resolutions than the rest of the industry, according to a Business Standard analysis of data on more than 90,000 resolutions from primemfdatabase.com.

The analysis covered aggregate data on resolutions voted upon by all mutual fund houses. The top five mutual funds opposed 8.1 per cent of resolutions in the financial year 2023-24 (FY24) compared to 9.1 per cent by the rest of the industry. Industry group Association of Mutual Funds in India (AMFI) has 44 members. This has been the trend in four out of the last five years.

هذه القصة مأخوذة من طبعة May 25, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 25, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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