Uncategorized - Devout Invest

Mutual Funds take to Factor-Investing

By D@ljit1967 August 27, 2024Mutual Funds, Uncategorized

Mutual Fund Industry Embraces Factor-Based Investing, Blending Active and Passive Approaches •⁠ ⁠The domestic mutual fund industry is shifting towards factor-based investing, bridging the gap between active and passive strategies.…

Large and Mid-Cap Funds Gain Popularity Amid Market Volatility

By D@ljit1967 August 25, 2024Markets, Mutual Funds, Uncategorized

•⁠ ⁠Large and mid-cap funds in India have witnessed significant growth in the past five years, with Assets Under Management (AUM) surging over five-fold. •⁠ ⁠These funds offer portfolio diversification…

Hinduja Group forays into the MF business

By D@ljit1967 April 16, 2024Mutual Funds, Uncategorized

Hinduja Group’s IndusInd International Holdings (IIHL) has entered the MF space by acquiring 60% stake in Invesco India Mutual Fund. Invesco will retain a 40% stake in the joint venture…

Do you need to redo your mutual fund KYC?

By D@ljit1967 April 15, 2024Mutual Funds, Uncategorized

The April 1 deadline for mutual fund (MF) investors to redo their KYC (know your customer) compliance if they did not meet certain conditions has passed. But the confusion around…

Sebi stress test: Top mutual funds reveal how long can it take to liquidate portfolios

By D@ljit1967 March 17, 2024Mutual Funds, Stocks, Uncategorized

Mutual fund (MF) houses have started releasing a Sebi stress test report, mentioning the number of days they will require to liquidate 50% and 25% of their mid-and-small-cap schemes portfolio.…

Equity MF inflows increase by 23% in Feb to Rs 26,866 cr.

By D@ljit1967 March 8, 2024Index, Markets, Mutual Funds, Uncategorized

The inflows in the equity category surged by approximately 23%, according to the AMFI data released on Friday. The inflows in February stood at Rs 26,866 crore against Rs 21,780.56…

SEBI plans to make nomination optional for joint MF portfolios

By D@ljit1967 February 28, 2024Economy, Mutual Funds, Uncategorized

Capital market regulator SEBI has excluded investment made through ETFs and index funds from the regulations on exposure to a single stock of own group companies and nomination has been…

Kotak restricts flows into small-cap fund

By D@ljit1967 February 27, 2024Markets, Mutual Funds, Stocks, Uncategorized

Kotak Mutual Fund will restrict flows into its small-cap scheme from March 4, joining the likes of Nippon and Tata in limiting investments into this product category as elevated share…

Inflows into equity mutual funds hit ₹21,781 crore in January 2024

By D@ljit1967 February 20, 2024Mutual Funds, NFO, Uncategorized

According to data released by the Association of Mutual Funds of India (AMFI), inflows into open-ended equity funds surged by 28% to reach ₹21,780.56 crore in January. This marks the 35th…

Women Investors In Mutual Funds Rise 14%

By D@ljit1967 April 16, 2023Mutual Funds, Uncategorized

The mutual fund industry in India is growing actively, thanks to more participation from women investors. According to the Association of Mutual Funds in India, women's participation in the mutual…