Latest news with #MF
Time of India
3 days ago
- Business
- Time of India
Best mutual fund SIP portfolios to invest in June 2025
Recommended portfolio for conservative investors: ET Online Recommended portfolio for moderate investors: ET Online Recommended portfolio for aggressive investors: ET Online Live Events Methodology for equity funds: Methodology for debt funds: Methodology for hybrid funds: Many mutual fund investors, especially new investors, are often confused about how to choose a bunch of schemes to take care of their various goals, especially for long-term goals like retirement. They keep looking for a ready-made mutual fund portfolio to achieve their long-term goals. Here is some help for such investors. We have put together a slew of schemes, based on risk profile, time horizon, and the amount you want to invest. ETMutualFunds launched its recommended mutual fund portfolios to invest through SIPs in October 2016. Since then, we have been closely monitoring the schemes in these portfolios and coming up with updates on them regularly. We also inform our readers about poorly performing schemes and replacements for them. The schemes in these ready made portfolios are selected based on our in-house methodology mentioned at the end of this article. ETMutualFunds' best mutual fund SIP portfolios are meant for three different individual risk profiles: conservative, moderate and aggressive. We have also considered three SIP baskets – between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000 – while creating these portfolios. Take a look at our recommended portfolios. ETMutualFunds has employed the following parameters for shortlisting the equity mutual fund daily for the last three Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H.i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to When H is less than 0.5, the series is said to be mean When H is greater than 0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the seriesWe have considered only the negative returns given by the mutual fund scheme for this measure.X =Returns below zeroY = Sum of all squares of XZ = Y/number of days taken for computing the ratioDownside risk = Square root of ZIt is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the returns generated by the MF Scheme =[Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate}For Equity funds, the threshold asset size is Rs 50 daily for the last three Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H.i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to When H is less than 0.5, the series is said to be mean When H is greater than 0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the seriesWe have considered only the negative returns given by the mutual fund scheme for this measure.X =Returns below zeroY = Sum of all squares of XZ = Y/number of days taken for computing the ratioDownside risk = Square root of ZFund Return – Benchmark return. Rolling returns rolled daily is used for computing the return of the fund and the benchmark and subsequently the Active return of the Debt funds, the threshold asset size is Rs 50 daily for the last three Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H.i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to When H <0.5, the series is said to be mean When H>0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the seriesWe have considered only the negative returns given by the mutual fund scheme for this measure.X = Returns below zeroY = Sum of all squares of XZ = Y/number of days taken for computing the ratioDownside risk = Square root of ZIt is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the returns generated by the MF Scheme =[Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate}Fund Return – Benchmark return. Rolling returns rolled daily is used for computing the return of the fund and the benchmark and subsequently the Active return of the Hybrid funds, the threshold asset size is Rs 50 crore
India Today
20-05-2025
- Business
- India Today
Mutual fund boom in India: Guess what's fuelling the Rs 65 lakh crore surge
India's mutual fund industry is growing fast, but most of the money still comes from a few big cities. As of March 2025, Mumbai, Delhi, Bengaluru, Pune and Kolkata together made up more than half of the country's total mutual fund assets, which accounts to 52.52%. That's about Rs 34.52 lakh crore out of the total Rs 65.74 lakh alone leads the chart, contributing 27% (Rs 17.75 lakh crore), followed by Delhi at 12.63%, Bengaluru at 5.39%, Pune at 4%, and Kolkata at 3.49%. These numbers haven't changed much since last year, according to data from the Association of Mutual Funds in India (AMFI).advertisementWOMEN STEPPING UPThere's been a clear rise in women investing in mutual funds. By March 2025, out of the total 5.34 crore investors, around 1.38 crore (25.91%) were women. That's a good jump from 24.2% in March 2024. 'The rise in literacy rates and the growing presence of women in the workforce have been instrumental in enhancing their economic contributions and, as a result, women are now emerging as a key participant in the MF investor base,' mentioned the ARE INDIVIDUALS INVESTING?Individual investors, including NRIs, retail participants, and high-net-worth individuals, hold 63.2% of the total mutual fund assets—almost the same as last year. Most of their money is placed in equity funds, followed by hybrid, debt, and passive in most states, individuals account for over 63% of the investments. However, in Delhi and Maharashtra, a larger share comes from companies and institutions. In contrast, smaller states and union territories like Lakshadweep, Tripura, and Bihar see individuals holding more than 95% of mutual fund India's mutual fund journey is gaining momentum, driven by urban investors and a noticeable rise in women participants. Going forward, spreading financial awareness beyond the big cities could further widen the reach of mutual fund Watch
Indian Express
19-05-2025
- Business
- Indian Express
Top 5 cities account for over 52 pc of Mutual Fund assets, women investor base rises
India's mutual fund assets are heavily concentrated in the top five cities, with Mumbai, New Delhi, Bengaluru, Pune, and Kolkata collectively accounting for a staggering 52.52 per cent of the country's total mutual fund assets under management (AUM) as of March 2025. This means as much as Rs 34.52 lakh crore of total AUM corpus of Rs 65.74 crore came from these five cities. Mumbai, the financial capital, leads the pack with a 27 per cent share (Rs 17.75 lakh crore), followed by New Delhi with 12.63 per cent, Bengaluru with 5.39 per cent, Pune with 4 per cent and Kolkata with 3.49 per cent. This trend is consistent with the previous year's data, according to the Association of Mutual Funds in India (AMFI). The dominance of these cities highlights the skewed distribution of mutual fund investments in India. 'Since most of the corporates are headquartered in these five cities, their investments (in mutual fund schemes) also get accounted there. This is the reason that the numbers are always skewed,' said A Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life Mutual Fund. The MF industry had a total of 5,34,20,840 unique investors as of March 2025; of this, 25.91 per cent (or 1,38,40,740) were women. This represents a marked increase from 24.2 per cent in March 2024, underscoring the growing financial independence and awareness among women. 'The rise in literacy rates and the growing presence of women in the workforce have been instrumental in enhancing their economic contributions and, as a result, women are now emerging as a key participant in the MF investor base,' AMFI said in its Annual Report. Individual investors, including high-net-worth individuals, retail investors and non-resident Indians (NRIs), hold 63.2 per cent of the total industry AUM (Rs 65.74 lakh crore) – consistent with the previous year's trend (63.4 per cent). As of March 2025, individual investors hold 65 per cent of AUM in equity funds, 18 per cent in hybrid funds, 9 per cent in debt funds and 7 per cent in passive funds, it said. According to AMFI, a notable observation is that in most states, individual investors accounted for more than 63 per cent of the MF AUM, with the exceptions being New Delhi (52.77 per cent) and Maharashtra (48.22 per cent). In fact, in several states –Lakshadweep, Tripura, Daman and Diu, Andaman and Nicobar Islands, Arunachal Pradesh, Bihar and Puducherry – individual investors dominate with over 95 per cent of AUM. The investment landscape has evolved over the years, with shifting investment preferences among individuals across different age brackets. A key trend observed in the net flows is the increased risk appetite of investors, who are seeking higher returns. 'Data shows a shift towards more aggressive investment strategies, particularly among younger investors, whereas older investors prioritise risk management through diversification,' AMFI said. AMFI analysis reveals that younger investors are more inclined to take on higher risks, as can be gauged from their significantly higher share of net flows in the equity segment whereas the older investors exhibit a more cautious approach, with comparatively lower percentage of net flows in equity and higher allocation towards debt. Notably, in the higher age brackets, the investors are increasingly opting for hybrid schemes, which provides a balanced blend of growth and stability. As many as 70 NFOs in the equity category were launched in fiscal 2025, collectively mobilising Rs 85,244 crore, marking a significant increase from the 58 schemes launched in fiscal 2024, which garnered Rs 39,297 crore. Sectoral/ thematic funds emerged as the largest category within equity followed by Flexi-cap and Mid-cap. Together, the three categories accounted for 43 per cent share of the total equity AUM as at end-March 2025, AMFI said. Equity mutual funds saw a record inflow of Rs 4.17 lakh crore, the highest ever in a financial year. The net inflows during the year exceeded twice the net inflows in the previous year. 'This, combined with valuation gains, propelled the AUM of equity-oriented schemes by 25.4 per cent to Rs 29.45 lakh crore at end-March 2025. During the same period, Nifty TRI rose by 6.7 per cent,' it said. The mutual fund (MF) industry ended fiscal 2025 with AUM at a record Rs 65.74 lakh crore in March 2025 as against Rs 53.40 lakh crore in March 2024, marking an on-year rise of 23.11 per cent. The expansion in the AUM was primarily driven by robust net inflows during the fiscal year, reflecting sustained investor interest. Additionally, mark-to-market (MTM) gains provided a supplementary boost, underpinned by positive performance in both equity and debt markets. According to SBI Funds Management Ltd's Deputy Managing Director & Joint Chief Executive Officer, DP Singh, another important factor for higher contribution to the total MF AUM from the top five cities is that most of the country's wealth is also concentrated in these locations.
Time of India
15-05-2025
- Business
- Time of India
Gold ETFs down up to 14% from peak. Is the best of yellow metal bull run over?
After a strong rally that saw gold prices hitting record highs earlier this year, Gold Exchange Traded Funds ( ETFs ) have corrected up to 14% from their recent peaks, prompting investors to question whether the bull run in the yellow metal is over or not. An analysis of data showed that SBI Gold ETF corrected the most by around 14% from its 52-week high level, followed by 360 One Gold ETF and Tata Gold ETF, which are down by around 12% each from their 52-week high level. Also Read | MF Tracker: Can this smallcap mutual fund add value to your portfolio? Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Around seven gold-based ETFs were down by 7% from their peak which includes LIC MF Gold ETF, Groww Gold ETF, Mirae Asset Gold ETF, HDFC Gold ETF , and Edelweiss Gold ETF. Kotak Gold ETF and DSP Gold ETF were down by 6% each from their peak, and lastly, Zerodha Gold ETF dropped by 5% from its peak. Live Events An expert believes that during uncertain periods, gold performs well as investors consider it a safe haven, and the past five years have seen a lot of volatility, starting with the pandemic and then, the geopolitical tensions concerning Russia-Ukraine, Israel-Hamas, and now India and Pakistan across the border have firmly pushed prices upward. 'They would usually be normalised upon the diffusion of those fears and the stabilisation of global sentiment. Prices are now dipping simply owing to this releasing-off effect after a strong rally, which for some time had even outshined long-term equity returns.' commented Rajesh Minocha, a Certified Financial Planner (CFP), Founder of Financial Radiance. According to a report by ET, on Wednesday, gold and silver settled on a weak note in the domestic and international markets. Gold and silver prices were unable to hold their previous sessions gain and plunged again amid easing safe-haven demand due to US-China trade negotiations and major risk aversion in the global financial markets. The U.S. and China trade negotiations changed bullion markets sentiments and traders and investors are unwinding their long positions and booking profits, the report further added. In the last nine months, gold ETFs have offered upto 32.37% return with UTI Gold ETF being the topper, followed by Invesco India Gold ETF which has offered 31.68% return. Nippon India ETF Gold BeES, the largest gold ETF, offered 31.24% return. Edelweiss Gold ETF gave the lowest return of around 31.08% return. Also Read | Mutual funds use inflows to stuff another Rs 17,300 crore in their cash bag These ETFs gave upto 28.69% return in the last one year with UTI Gold ETF being the topper. LIC MF Gold ETF gave the lowest return of around 27.94% in the last one year. The expert firmly mentions that the recent dip doesn't mean the rally has necessarily completely ended-the gold remains topical as a long-term hedge and it is one investment that should be in a diversified portfolio rather than a core growth asset. 'One option is the ETFs, but investors can also take the flexible route like multi-asset funds-that adjust allocational emphasis based on market perception. Overall it can constitute about 8 to 10% of the total portfolio,' Minocha added. Gold ETFs are exchange-traded funds that track the price of physical gold. Each unit of a Gold ETF is backed by a specific quantity of gold, usually equivalent to one gram. They are listed on stock exchanges, and you need a demat and trading account to buy and sell them. If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ alongwith your age, risk profile, and Twitter handle.
Mint
15-05-2025
- Business
- Mint
Gifting mutual funds: How does it work and how can you transmit them to legal heirs
Gifting mutual fund (MF) units to your loved ones is a great way of showing your affection. But gifting MFs does not work like other assets such as land, buildings, jewellery and cash. You have to follow clearly laid down procedures specified by the regulators. Here is a guide on how MFs can be gifted and the tax implications for the donor and the receiver. Unlike gifting assets such as property and gold, MFs cannot be transferred easily. If you have a demat account, you can gift your MF units to your loved ones by following some simple steps. If the MF units are not held in a demat account, they have to be converted into a demat form as only after this they can be transferred to the beneficiary. You have to first move your MF units to your demat account if you intend to gift them to your spouse, children, siblings or loved ones. Here are the steps to transfer your MF units to your demat account and then to the receiver of the gift. This can be done through offline or online mode. Get a Conversion Request Form (CRF) from your depository participant (DP). Fill out the CRF with your details and information about MF units. Submit the form and your MF account statement to your DP. The DP will process the transfer with the fund's registrar. Log into your demat account online. Go to the mutual funds section and select the transfer option. Choose the fund and number of units to transfer. Select your demat account as the destination. Review and submit the request. Currently, mutual fund units held in dematerialized (demat) mode are freely transferable, according to the Association of Mutual Funds in India (AMFI). So, you can gift MF units to your loved one if she/he also has a demat account (either with CDSL or NDSL, the depository participants or DP). All you have to do is fill up a 'Delivery Instruction Slip' (DIS), which is an instruction to transfer your MF units to another demat account, and submit it to your DP. You have to provide all the relevant information including the receiver's demat account details. A transaction fee of 0.03% of the transfer value or ₹ 25 whichever is higher plus a GST of 18% is levied for transferring MF units from one demat account to another. Additionally, a stamp duty of 0.015% is applicable for all transfers. If you want to gift MF units to your minor daughter or son on her/his birthday, then you can buy units in your child's name and you can be the guardian. But once the children reach the age of 18, they will gain full control of the investments as it will officially become their money. If MF units are held in a non-demat form, they cannot be directly transferred to another person except in the case of the investor's death. Regulators have framed stringent rules as transfer of mutual funds involves changing ownership or control from one investor to another. The restrictions on transferring mutual funds have been put in place to protect investors and maintain market integrity. If free transfers are allowed, it could potentially lead to misuse, such as money laundering or tax evasion. Further, MFs are designed to be easily bought and sold in the open market negating the need for direct transfers as units can be easily sold and repurchased. In case of the primary investor's death, MF units are transferred through a process called transmission. Here is how transmission of MF units happens. If there is a co-applicant for the investment: Units are automatically transferred to the co-applicant. Without a co-applicant: MF units are transferred to the nominee or legal heir, after all relevant documents including the death certificate are submitted. You have to provide these documents and information to get the transfer done. Death certificate of the deceased KYC details of the nominee or legal heir New bank account details Indemnity bond (for large amounts) Specific requirements could vary depending on the mutual fund house and the number of unit holders. Moreover, nominating a beneficiary is now mandatory for mutual fund investments. If a nominee is not specified, investors must submit a written declaration about the same. Gifting MF units is taxable under the 'Income Tax Act'. But there are exemptions. Gifts from relatives (spouse, children and siblings) are fully exempt irrespective of the amount involved. If MF units are gifted to non-relatives and if the value of such a gift exceeds ₹ 50000, the entire amount is taxable at the hands of the receiver. If the recipient sells the gifted MF units later, it will attract capital gains tax. The cost and holding period of the donor will also be considered for capital gains tax. Any income or gains generated from MF units gifted to a minor child or spouse will be taxed in the hands of the donor. But if the gift is given to parents, adult children and siblings, then it will be taxed in their hands. Allirajan M is a journalist with over two decades of experience. He has worked with several leading media organisations in the country and has been writing on mutual funds for nearly 16 years.
