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Moneylife Digital Team 16 June 2010
Industry experts say that demat accounts increase the cost for mutual fund investors and will not help in penetration of funds Stock market regulator Securities and Exchange Board of India's (SEBI) recent plans to introduce mandatory demat accounts for mutual fund investors has again brought...

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Moneylife Digital Team 15 June 2010
The Sensex rose more than 2,000 points in the Feb-April period and then gave up all the gains thereafter in April-May. How did equity funds do during this period? The Sensex went up from 15,725 on 5th February this year to its peak of 18,047 on 7th April and quickly fell back to 15,960 on 25th...

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Moneylife Digital Team 14 June 2010
Mutual fund distributors say that online trading of mutual funds will leave investors at the mercy of stockbrokers and expose them to further mis-selling Market regulator Securities and Exchange Board of India's (SEBI) latest effort to shore up mutual fund trading volumes on the stock exchanges...

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Moneylife Digital Team 14 June 2010
ICICI Pru has launched an index fund based on the highly volatile Nifty Junior Fund houses are in a race to launch index funds to shore up their assets under management (AUM). The latest to join is ICICI Prudential Mutual Fund which has floated a new open-ended fund named Nifty Junior Index...

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Moneylife Digital Team 11 June 2010
Axis MF has added 1.56 lakh folios since November 2009 while JPMorgan, ING Investments and HSBC MF have seen their folios dwindling Equity funds have lost 2.87 lakh investor accounts between November 2009 and May 2010 when the mutual fund (MF) industry witnessed the launch of 10 new equity...

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Moneylife Digital Team 09 June 2010
For the first time in many months, equity mutual funds have recorded net inflows After months of recording outflows, equity funds recorded net inflows to the tune of Rs1,256 crore in May 2010. In April 2010, equity redemption had reached Rs1,133 crore. In May 2010, income funds recorded...

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Moneylife Digital Team 07 June 2010
The market regulator’s meeting with banks to discuss strategies to boost volumes on online MF platforms has failed to achieve a breakthrough As it stands now, the market watchdog's pitch to the bankers for using their distribution network to boost sales on the struggling mutual fund platforms...

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Ravi Samalad 07 June 2010
Distributors are keen to push MIPs due to upfront commissions offered by fund houses and the investor’s appetite for regular income After market watchdog Securities and Exchange Board of India (SEBI) cracked down on upfront commissions, mutual funds (MFs) have started pushing monthly income...

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Moneylife Digital Team 04 June 2010
SEBI plans to enlist banks to help boost sales of mutual fund schemes, especially the schemes of mutual funds sponsored by banks. However, this move may not work The much-hyped online mutual fund platforms on the Bombay Stock Exchange and the National Stock Exchange have mostly turned out to...

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Ravi Samalad 04 June 2010
The regulator is working on guidelines which will require debt schemes to have a T-bill or a G-security rate as their first benchmark; industry experts have mixed views on SEBI’s latest move Market regulator Securities and Exchange Board of India (SEBI) is looking at realigning the benchmark...

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Moneylife Digital Team 03 June 2010
SEBI has proposed wide-ranging changes in the way fund performance is currently presented. But it is not clear whether investors will know how to use it and whether they will Market regulator Securities and Exchange Board of India (SEBI) has proposed a new set of quantitative measures for...

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Moneylife Digital Team 03 June 2010
Housing prices are again reaching for the skies; demand is stagnating. How much should prices fall for the market to be reasonably valued? When can that come about? Moneylife reporters and analysts offer some answers After a brief period of calm and serenity, following the crash in the...

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Moneylife Digital Team 03 June 2010
Index funds are merely supposed to mimic the returns provided by the underlying benchmark index such as the Sensex or the Nifty. Essentially, these funds are expected to follow the passive investing route, buying and holding stocks in the index in the same proportion as the index. However, many...

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In 2006-07, many global funds were launched. How have they done? Global markets have been beset with many problems in the past few weeks—Goldman Sachs’ alleged fraud, Greece’s debt troubles, Icelandic volcanoes, etc, and a trading error that hurtled the Dow Jones Industrial Average down more...

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Ravi Samalad 03 June 2010
Birla Sun Life has launched a new open-ended equity scheme christened ‘Birla Sun Life India Reforms Fund’ which aims to capitalise on the government’s long-term goal of liberalisation, including divestment of public sector undertakings (PSUs). The Fund seeks to focus on companies that are...

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Moneylife Digital Team 02 June 2010
The market regulator is putting together guidelines for banks and national distributors to check mis-selling of mutual funds Market watchdog Securities and Exchange Board of India (SEBI) is mulling further strengthening the mutual fund (MF) distribution system to prevent possible cases of...

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Moneylife Digital Team 02 June 2010
As the online trading platforms on NSE and BSE are unable to generate huge volumes, SEBI has called for a high-level meeting with bank-sponsored MFs and bank officials Don't be surprised if the next time you walk into a bank and you are asked to open a demat account if you wish to invest in a...

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Moneylife Digital Team 01 June 2010
The market regulator has found that liquid and debt schemes change their expense ratio numerous times during a month and has proposed to limit it to 5 basis points on a daily basis (or 0.05%) in a day or 0.5% in a year Market watchdog Securities and Exchange Board of India (SEBI) in its...

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Ravi Samalad 14 May 2010
SEBI’s new rule asks mutual funds to disclose a summary of investor complaints, but investors almost never complain directly to AMCs. Most complaints are resolved by mutual fund agents Market watchdog Securities and Exchange Board of India (SEBI) had yesterday asked all asset management...

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Sanket Dhanorkar 14 May 2010
Both exchanges launched their much-hyped mutual fund trading platforms around the same time last year. Since then, volumes on the BSE have far outstripped those on the NSE Bitter exchange rivals Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have been at each others’ throats...

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