Discretionary portfolio managers have grown by ₹4.26 lakh crore since then. And even mutual fund investors have discovered the power of risk-adjusted returns through categories such as balanced advantage funds ( ₹2.9 lakh crore of assets under management) and multi-asset funds ( ₹4.33 lakh crore of AUM). The Securities and Exchange Board of India recently … Read more
UTI Nifty Index Fund, India’s oldest Nifty 50 index fund, turned 25 this March. Since its launch in 2000, it has delivered a return of 11.51%, which means a sum of ₹10 lakh invested at its launch would have grown to approximately ₹1.5 crore today. While this return is commendable, active large-cap funds have outperformed … Read more
This crucial metric for stress tests, as mandated by the Securities and Exchange Board of India, indicates higher liquidity risks in the small-cap segment even as investors flock to these stocks, lured by their promise of high returns. According to some experts, a high liquidity risk could also point to the low quality of a fund’s … Read more
These funds primarily attract foreign and NRI investors; however, their widespread adoption is limited by the high minimum investment requirement. Retail funds, which can accept investments as low as $100, are yet to be launched. In the previous Union budget, the government extended favourable tax treatment to retail funds in Gift City, similar to what … Read more
Past performance Over the past one-year period, amid weakness in stock markets, multi-asset funds as a category have delivered average returns of 9.2%. Within the category, certain multi-asset funds have delivered higher returns. The stock market benchmark Nifty 50 has fetched a little over 2.6% in the same period. On a five-year rolling basis, multi-asset … Read more