The net outflow from equity funds in September 2020 was lesser than what we had witnessed in August 2020. There were a couple of new fund offers (NFOs) during September which raised fresh money from investors. This resulted in an overall slower pace of outflows as compared to the previous month. However, the trend in gross redemptions didn’t change much during the month. As economic activity improves and confidence returns to normal levels, we can expect equity flows to also normalise.
What are your thoughts on the current change in fund mandate by SEBI for multi-cap funds? What impact will this have on existing funds and investors invested in the fund?
We will consider various options to ensure managing and protecting our unit holders’ interest with full compliance of SEBI regulations and guidelines. SEBI is also currently evaluating some of the suggestions put forth by the industry body. Once clarity emerges on this front, we will choose our next course of action and communicate to our unit holders.
We have seen a trend where a lot of index funds and ETFs are getting launched. How do you look at the future of index investing?
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The Art Of Asset Allocation
Mutual Fund Distributor
George Joseph CEO and CIO, ITI Mutual Fund
In this exclusive interview, George Joseph, CEO and CIO, ITI Mutual Fund, expresses his opinion about the status of the MF sector in the new scenario post the pandemic and how his fund house is strategizing future investments
LUX INDUSTRIES IN A ‘COMFORTABLE' POSITION
Some of the strengths of Lux Industries include rich sectoral experience, extensive distribution network, substantial cost leadership, proprietary manufacturing ability, vast product variety and sharp focus on the mid-price segment
Turnaround Companies Of 2020
The year 2020 was anything but dull for equity investors. Many made money in 2020 and on an average the risk-taking appetite was on the rise in 2020. The stock prices were no doubt volatile and several stocks more than doubled in 2020. The year clearly belonged to the defensives and penny stocks and to a great extent 2020 was also a year for turnaround stocks. Shreya Chaware highlights the turnaround stories that helped create wealth for investors in 2020 while also sharing key elements to watch out for in identifying turnaround stocks
Welcome 2021 With A Revisited Portfolio
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Replace Fixed Deposits With Mutual Fund Schemes
The worst hit by the lower interest rates are investors who had relied on bank fixed deposits to earn interest. The option for such investors is to shift to debt mutual funds. The article explains why
Markets End 2020 On A Cheery Note
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2021 Value Stocks
Market participants are focusing on 2021 and there is a huge level of enthusiasm and high expectation on the part of investors as far as the forthcoming year goes after an unbelievable 2020. It was not easy to pick pharmaceutical and IT as probable winners at the start of 2020 and similarly it will not be easy to pick the set of stocks that may dominate in 2021. Geyatee Deshpande puts forth a case for value stocks to do well in 2021 while Yogesh Supekar highlights how to identify value stocks
THE ROXOR IS THE BACKCOUNTRY BUG-OUT VEHICLE THAT CAN HANDLE THE JOB.
Nike Calls Off Pilot Program With Amazon Ending Direct Sales
Nike is ending a sales partnership with Amazon less than a month after the athletic gear company named an e-commerce veteran as its new chief executive.
E for efficiency
While some manufacturers desert the series due to regulation changes, Mahindra Racing sees Formula E as a challenge well worth accepting
The age of value Trucks
The age of value trucks is here.
ELECTRIC THREE-WHEELERS GAIN MOMENTUM
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Flexi cap funds, a new fund category introduced by SEBI
The capital market regulator, SEBI has introduced a new fund category in the MF industry - flexi cap funds. Flexi cap funds will be in line with erstwhile multi cap funds where fund manager can take equity exposure of at least 65% across market capitalisation.
Keep pace with the change
Long-term planning is passé. Companies need to periodically reassess the business environment and explore ways to rebuild consumer confidence, especially during difficult times.
SUVs OF 2021
DON’T BUY A NEW CAR JUST YET! HERE’S EVERY NEW SUV HEADED YOUR WAY IN THE NEW YEAR, AND WHY IT MIGHT BE WORTH WAITING FOR THEM
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