"Private Banks within financials have been gradually gaining market share from PSU banks over the last two decades, which is a structural trend that is likely to continue going forward as well," Karthikraj Lakshmanan, Senior Fund Manager-Equities at BNP Paribas Asset Management India said. … [Read more...] about Bank funds gave highest avg return in May; will the positive trend continue?
Stock broker to hedge fund manager
DHFL owed Rs 960 crore to mutual funds as interest payment towards its bonds. However, on June 04, the housing finance company missed its deadline to make Rs 1,150 crore payment to all bondholders and informed investors, that the payment would be done within seven days. … [Read more...] about DHFL Crisis: With mutual funds on wait-and-watch for payments, will SEBI step in?
"The recent credit default events in NBFCs have taken a toll on the credit risk funds. As credit risk funds by default take credit risk and such event are credit events prompting investors to pull out," said a chief investment officer from a private fund house who did not wish to be named. … [Read more...] about AMFI Monthly: Credit risk funds see massive outflows in May; equity fund inflows up 17.5% MoM
“A steep fall in NAV due to illiquid partial assets which were below the AAA ratings, thereby making the NAVs slide was faced by mutual funds in their liquid schemes and short term funds during the global liquidity crisis of 2008, “ said a former DGM of SEBI who worked in its mutual funds department during the global crisis period. … [Read more...] about Analysis | Mutual funds avoid side-pocketing despite SEBI’s approval
"Short duration funds, corporate bond funds, and banking and PSU funds continue to attract investor attention due to the hunt for superior risk-adjusted returns, as these funds have the most appropriate duration positioning and excellent credit risk profile," Thomas said. … [Read more...] about Mutual funds bought 10 stocks and exited 9 in July, do you own any?