Mutual funds likely to get nod to invest in ETFs with India presence
The Securities and Exchange Board of India (Sebi’s) proposal, if implemented, would permit FoFs to track popular benchmarks, such as the Emerging Market (EM) index and the JP Morgan EM Opportunities Fund. However, the markets regulator has stipulated that the Indian exposure in these funds must be capped at 20 per cent.

Bajaj Finserv MF adds to variety in multi-asset allocation category
The fund house has taken the dividend yield route to generate regular income while also lowering the volatility of the equity portion. According to the fund house, the equity allocation will generally range from 65-70 per cent.
 

PB Fintech’s 2 top executives sold 1.86% stake for ₹1,109 crore
PB Fintech’s top executives, Alok Bansal and Yashish Dahiya, sold 83.7 lakh shares or 1.86 per cent stake in the insurance aggregator for ₹1,109 crore in block deals, exchange data showed. The shares were sold at ₹1,325.15 apiece on the NSE. The shares were picked up by global and domestic funds.

Time for mutual funds to tap the water theme
Chennai: Last month, India’s IT city Bengaluru caught the attention of the nation due to its acute water shortage problem, as queues to procure water extended over many miles. As the scarcity was expansive, the Karnataka government even banned the use of drinking water for non-essential purposes — such as car washing, gardening, construction, water fountains and road construction and maintenance. The Bangalore Water Supply and Sewerage Board (BWSSB) had levied a fine of ₹5,000 for any violations of the order, in a bid to mitigate the situation.

In debt funds, the focus is on high-quality credit strategies: Rahul Goswami, CIO-India Fixed Income, Franklin Templeton Mutual Fund
bl.portfolio caught up with Rahul Goswami, CIO &MD - India Fixed Income, Franklin Templeton Asset Management, at the fund house’s Chennai office recently. He speaks on what investors can expect on the debt side from the AMC and on his rate cut expectations.

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NFO Alert: SBI Mutual Fund launches automotive opportunities fund — all you need to know
SBI Mutual Fund announced the launch of SBI Automotive Opportunities Fund, an open-ended equity scheme that aims to unlock the potential of automotive and allied business activities. The new fund offer (NFO) opened for subscription on Friday, May 17, and will close on May 31. 

Identify themes ahead of the curve; current year could belong to telecom: Niket Shah, Motilal Oswal MF

Sebi plans to allow local MFs to invest in overseas funds

HDFC Manufacturing Fund raises over Rs 9,500 crore

SBI Mutual Fund launches automotive-focused thematic fund | Will it beat Nifty Auto’s 266% rise in 10 yrs?
India’s biggest asset management company SBI Mutual Fund has announced the launch of its new thematic fund – SBI Automotive Opportunities Fund.

Brookfield India REIT to buy 50% in 4 Bharti assets
Brookfield India Real Estate Trust (BIRET) on Thursday said it will  acquire a 50% stake in four Grade A assets from Bharti Enterprises at an enterprise valuation of `6,000 crore. With this, it has acquired 100% in the assets.

Unfazed NFOs: No election jitters for mutual fund scheme launches

At present, five active equity and hybrid new fund offerings (NFOs) SBI Automotive Opportunities Fund, Samco Special Opportunities Fund, WhiteOak Capital Special Opportunities Fund, Bajaj Finserv Multi Asset Allocation Fund, and Baroda
BNP Paribas Retirement Fund are open for subscription.
 

Vivriti Asset Management exits maiden credit fund
 

SBI MF targets to attract ₹5,000-crore investment in Automotive Opportunities NFO
The fund will invest in automobile companies, auto ancillaries, auto exports and electric mobility as a theme to generate long-term capital appreciation for investors.

Individual investors' share in mutual fund AUM surges 44% in a year; equity schemes find more takers, shows AMFI data
Investment in mutual funds is growing month after month and year after year. Across the parameters and yardsticks, investors are putting more money in mutual funds.

SBI AMC eyes Rs 5,000-crore from the new automotive fund

HDFC Manufacturing Fund raises over Rs 9,500 crore

Samco Mutual Fund eyes Rs 500 crore from special opportunities fund

Franklin Templeton Mutual Fund files draft document with Sebi for a multicap fund

Mutual funds take Rs 10,000 crore contra bet on sleeping giants Kotak, HDFC Bank

Paytm retail and MF investors say 'Paytm Karo'; stock added to MSCI small cap index

Small-cap MFs to take more time to liquidate
Mumbai: Nippon India MF, ICICI Prudential MF and HDFC MF has registered an increase in time taken to liquidate 50 per cent and 25 per cent of small-cap investment as their assets under management swell in April on the back of consistent inflows and rally in the market.

NFO alert! DSP Mutual Fund launches Nifty Bank Index Fund | All you need to know
DSP Mutual Fund on May 15 announced the launch of DSP Nifty Bank Index Fund, an open-ended scheme tracking Nifty Bank Index. The fund will offer an opportunity to invest in banking stocks at reasonable valuations.

MF investors get KYC relief as Sebi withdraws PAN-Aadhaar link norm

Samco Mutual Fund launches Special Opportunities Fund

Sebi eases KYC norms for mutual fund investors

SBI Mutual Fund files draft with Sebi for innovative opportunities fund

Big milestone! Zerodha Fund House’s this mutual fund crosses Rs 1,000 crore AUM
Zerodha Fund House (ZFH) on Tuesday said that its Growth Liquid ETF, Zerodha Nifty 1D Rate Liquid ETF, has crossed Rs 1,000 crore in assets under management (AUM).

Mutual funds: 5 money market schemes delivered over 7.5% return to investors in the past one year
With interest rates hovering at a high level, investments in debt mutual funds have delivered handsome returns. Reserve Bank of India (RBI) has kept the repo rate unchanged for the past 12 months, thus rendering the investments in debt instruments reasonably attractive.

NFO alert! WhiteOak Capital Mutual Fund launches ‘WhiteOak Capital Special Opportunities Fund’
WhiteOak Capital Mutual Fund on May 14 announced the launch of their new fund offer (NFO) – WhiteOak Capital Special Opportunities Fund.