Latest news with #MFs'
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Business Standard
10 hours ago
- Business
- Business Standard
Mutual fund overseas assets fall 5.6% to $8.3 billion in FY25, says RBI
Indian mutual funds' overseas assets dropped 5.6 per cent to $ 8.3 billion in FY25, the Reserve Bank of India (RBI) said on Monday. At the end of FY24, Indian mutual funds held assets of over $ 8.81 billion in foreign assets, as per the central bank's annual survey of foreign assets and liabilities of mutual funds. "Overseas assets of MFs declined 5.6 per cent and stood at $ 8.3 billion in March 2025, due to lower holdings of foreign equity securities," the RBI said. There was a 3.9 per cent drop in equity securities held abroad by MFs at market value in the US at ₹ 44,500 crore, while the same in Ireland and Taiwan also witnessed declines. Over 95 per cent of the overseas equity investment of the MFs were concentrated in the US, Luxembourg, and Ireland, the RBI said. It can be noted that FY25 witnessed volatilities in the global markets because of continuing geopolitical tensions amid tensions between Ukraine-Russia and in Israel, while change of guard in the US and the newer way of looking at trade policies by President Donald Trump also led to some nervousness among investors. The flows into MFs' equity schemes surged nearly 25 per cent to ₹ 29.45 lakh crore in FY25, indicating stronger preference among investors to punt on the domestic markets. The RBI survey revealed that the foreign liabilities of MFs increased 19.9 per cent in FY25 to $ 30.5 billion at market value, due to the rise in units issued to non-residents. People in the UAE were the biggest holders in Indian MFs' schemes at ₹52,549 crore, while Australia had the highest growth at over 40 per cent in the liabilities of domestic MFs. Non-residents of the United Arab Emirates (UAE), the United States of America (USA), the United Kingdom (UK), and Singapore held the largest share in MF units, both in terms of face value as well as at market value, the RBI said. Foreign liabilities of asset management companies increased 16.8 per cent to $ 7.5 billion in March 2025, on the back of higher inward direct investments, while the overseas assets of AMCs increased marginally from their previous year's level and were largely held in Guernsey, Singapore, and Mauritius.
Mint
11 hours ago
- Business
- Mint
MFs foreign assets drop 5.6 pc to USD 8.3 bn in FY25: RBI
Mumbai, Aug 18 (PTI) Indian mutual funds' overseas assets dropped 5.6 per cent to USD 8.3 billion in FY25, the Reserve Bank of India (RBI) said on Monday. At the end of FY24, Indian mutual funds held assets of over USD 8.81 billion in foreign assets, as per the central bank's annual survey of foreign assets and liabilities of mutual funds. "Overseas assets of MFs declined 5.6 per cent and stood at USD 8.3 billion in March 2025, due to lower holdings of foreign equity securities," the RBI said. There was a 3.9 per cent drop in equity securities held abroad by MFs at market value in the US at ₹ 44,500 crore, while the same in Ireland and Taiwan also witnessed declines. Over 95 per cent of the overseas equity investment of the MFs were concentrated in the US, Luxembourg, and Ireland, the RBI said. It can be noted that FY25 witnessed volatilities in the global markets because of continuing geopolitical tensions amid tensions between Ukraine-Russia and in Israel, while change of guard in the US and the newer way of looking at trade policies by President Donald Trump also led to some nervousness among investors. The flows into MFs' equity schemes surged nearly 25 per cent to ₹ 29.45 lakh crore in FY25, indicating stronger preference among investors to punt on the domestic markets. The RBI survey revealed that the foreign liabilities of MFs increased 19.9 per cent in FY25 to USD 30.5 billion at market value, due to the rise in units issued to non-residents. People in the UAE were the biggest holders in Indian MFs' schemes at ₹ 52,549 crore, while Australia had the highest growth at over 40 per cent in the liabilities of domestic MFs. Non-residents of the United Arab Emirates (UAE), the United States of America (USA), the United Kingdom (UK), and Singapore held the largest share in MF units, both in terms of face value as well as at market value, the RBI said. Foreign liabilities of asset management companies increased 16.8 per cent to USD 7.5 billion in March 2025, on the back of higher inward direct investments, while the overseas assets of AMCs increased marginally from their previous year's level and were largely held in Guernsey, Singapore, and Mauritius.
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Business Standard
03-06-2025
- Business
- Business Standard
Investments into equity MFs seen gathering pace in May, shows data
In May, MFs' net equity buying nearly trebled compared to April. MFs together bought ₹49,108 crore worth of shares in May, the highest in four months Abhishek Kumar New Delhi Listen to This Article Investments in equity mutual fund (MF) inflows have likely rebound in May after remaining subdued over the previous two months, if the sharp increase in secondary market purchases by fund managers is any indication. In May, MFs' net equity buying nearly trebled compared to April. MFs together bought ₹49,108 crore worth of shares in May, the highest in four months. The uptick in inflows comes amid easing volatility in the equity market. After five consecutive months of decline, domestic benchmark indices have logged gains over the past three months. In May, the Nifty 50 rose 1.7 per cent. The quantum
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Business Standard
25-05-2025
- Business
- Business Standard
Mutual funds storm the 10% citadel, now claim market's third crown
Riding a swell of SIP inflows, they redraw investor playbook Listen to This Article Domestic mutual funds (MFs) have emerged as the third-largest investor group in listed Indian companies. National Stock Exchange's (NSE's) latest India Ownership Tracker report shows MFs' stake in total market capitalisation crossing the 10 per cent mark for the first time in the fourth quarter of 2024-25 (FY25). MFs' ownership, which stood at 8.9 per cent in March 2024 and 9.9 per cent in December 2024, climbed to a record 10.4 per cent by March 2025. Over the past year, MFs surpassed individual investors and the government to claim the third-largest investor group position. 'Aided by sustained systematic investment plan
Mint
14-05-2025
- Business
- Mint
BSE, Paytm to NALCO: Top mid-cap and small-cap stocks that mutual funds bought and sold in April
April proved to be a good month for the Indian equity markets, as both mutual funds and foreign investors ploughed in significant funds, sending the benchmark indices — Sensex and Nifty — 4% higher. Mutual funds bought ₹ 17,000 crore worth of stocks in the Indian secondary market, alongside ₹ 10,400 crore FII buying, showed a report by Nuvama Alternative & Quantitative Research. Within the mid-cap and small-cap space, some of the notable names that saw significant buying and selling by mutual fund houses include Paytm, BSE, NALCO, Coforge and Voltas, among others. From the mid-cap space, key buying was seen in Lupin, Coforge, Colgate-Palmolive, PI Industries and Persistent Systems, according to data from Nuvama Research. The mid-cap pharma stock was among the top buy of ICICI Prudential Mutual Fund, Quant Mutual Fund and HDFC Mutual Fund in the month of April. MFs' stake in Lupin increased by nearly 3 million shares to 83 million, as they bought stocks worth ₹ 600 crore. The strong buying action drove the stock over 3% higher last month, after a 6% rally in March. Meanwhile, in Coforge, MFs' stake rose by 2 million shares, with the value of their holding rising by ₹ 1,500 crore.
