Siddharth Bothra, Senior VP and Fund Manager, Motilal Oswal Mutual Fund, listed various investments and largest holdings to support his claim.
Market intermediaries have been asked to comply with anti-money laundering guidelines and obligation for combating terrorism financing.
DSP Mutual Fund has announced that the fund house would be revoking the temporary suspension of lumpsum investments in DSP Small Cap Fund with effect from April 1, 2020.
The Reserve Bank of India slashed interest rates on Friday, following other central banks that have taken emergency measures to counter the economic fallout from the fast-spreading coronavirus pandemic.
Arbitrage funds look to benefit from the price anomalies between the cash and futures markets.
These open-ended index funds seek to replicate the performance of the Nifty 50 index and Nifty Next 50 index and operate mostly in the large cap space.
Association of Mutual Funds in India or Amfi said that mutual fund houses will allow only online transactions through various electronic modes for now, as they have been asked to close their collection centres / branch offices from today.
Here are five schemes that have fallen lesser than the Nifty in the turmoil.
Amfi has urged the central bank to reinstate the liquidity window to mutual funds to help them tide over the current liquidity crisis.
In January, the industry added 14 lakh folios and in December, the number was over 6 lakh. Mutual fund houses added just 2.6 lakh investor accounts in November.
Financial intermediaries depend on trading terminals for price updates and feeds in order to place bets.
According to the data, SIP contribution in February stood at Rs 8,513 crore, which was higher than Rs 8,095 crore clocked in the same month last year.
Equity benchmark BSE Sensex plunged 811 points in fag-end selloff on Tuesday after a see-saw session as the coronavirus pandemic-led recession fears kept investors jittery.
Although most individual categories that invest in fixed-income securities or debt funds saw inflows, outflows from liquid, overnight and credit risk categories were significant enough to negate most of the positive flows in other segments.
The final reconstruction scheme for Yes Bank mandates a lock-in for existing shareholders up to 75% of their holding for three years. This means these passive funds will have to hold most of their Yes Bank shares even if the lender is not part of the Nifty.
Fed said it could increase bond-buying and use other tools to support market functioning.
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