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Economic Times
14 hours ago
- Business
- Economic Times
Explained: Why holding mutual fund units in demat form makes sense
iStock The system simplifies investing. NSDL highlights this as a transformative step in India's financial evolution. We live in an age where everything is becoming digital — faster, smarter, and more transparent. The financial sector has been relentlessly trying to innovate to make transactions seamless and investment journeys more efficient. Those who've witnessed the open outcry system of stock exchanges will gladly recall how the shift to online trading and the dematerialization of securities marked a defining leap. What once took days and physical paperwork, now takes just minutes — with a few clicks on a screen. And now, we are witnessing the logical evolution in this journey: Mutual Funds in demat form. Over a decade and a half ago, the Securities and Exchange Board of India ('SEBI') enabled investors to hold Mutual Fund investments — earlier available only as Statement of Account ('SOA') — in demat form through the stock exchange then, the depository ecosystem has continually evolved, enabling investors to manage their Mutual Fund holdings with ease. Today, you can convert your Mutual Fund SOA into demat form through your existing account — without the need to open a separate one. This facility is available to the Non-Resident Indians too, offering a unified experience for all investors. Each mutual fund scheme is assigned a unique ISIN, simplifying tracking and portfolio consolidation. Investors can subscribe to fresh units, Systematic Investment Plans, Equity Linked Savings Schemes, and/or New Fund Offers directly through their stockbroker and the units are credited straight into their demat account. Redemption is equally effortless—through your Depository Participants, broker, or electronically via NSDL's SPEED-e services. Holding Mutual Fund units in demat form offers several advantages: a single consolidated portfolio view, automatic updates across all holdings, the ability to pledge for margin or loans, simple off-market transfers for gifting, and unified nomination—all within one digital a nutshell, this evolution aims to bring greater control, efficiency, and transparency to your mutual fund investments. While investors should factor in demat maintenance charges and brokerage NSDL, we remain committed to trying to enhance investor experience by building digital infrastructure that aims to support financial inclusion and investor empowerment. We believe holding mutual funds in demat form is not just a technical upgrade—it is the foundation of a more connected, secure, and simplified future of investing. So, start your investment journey by holding mutual fund units in your demat account. (The author Vijay Chandok is Managing Director and CEO, NSDL. Views are own) (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Mint
24-05-2025
- Business
- Mint
Stock market this week: Top gainers and losers that flipped fortunes in five trading days
Debt mutual funds experienced a robust 20.5% surge in their assets under management (AUM) during the financial year 2024–25 (FY25), signaling renewed investor confidence in fixed-income instruments amid evolving macroeconomic conditions. According to data released by the Association of Mutual Funds in India (AMFI), the AUM of debt-oriented schemes expanded significantly, rising from ₹ 12.62 lakh crore in March 2024 to ₹ 15.21 lakh crore by the end of March 2025. Additionally, with the Reserve Bank of India maintaining a relatively stable monetary policy stance through much of the year, longer-duration debt instruments became more attractive, leading to higher inflows into categories like corporate bond funds, gilt funds, and banking & PSU debt funds. Retail participation has also risen, supported by greater financial awareness and the convenience of digital platforms making debt fund investments more accessible. The initial public offerings (IPOs) of Borana Weaves and Belrise Industries witnessed an overwhelming investor response, underscoring the strong momentum in India's primary markets and growing investor appetite for new listings. Borana Weaves' IPO was oversubscribed by a staggering 147.85 times, reflecting exceptional interest from all investor segments, including retail investors, high-net-worth individuals (HNIs), and qualified institutional buyers (QIBs). This level of oversubscription indicates immense confidence in the company's business model, financial health, and future growth prospects, particularly in the textile sector, which is benefiting from rising export demand and government support for manufacturing. The massive subscription numbers also suggest that the issue was attractively priced and backed by a compelling investment narrative. Several leading asset management companies (AMCs) have recently launched New Fund Offers (NFOs), reflecting the evolving preferences of Indian investors and a growing demand for diversified and thematic investment options. Canara Robeco AMC has introduced the Canara Robeco Multi Asset Allocation Growth Direct Plan, aiming to provide investors with exposure across equity, debt, and commodities for balanced risk and return. Baroda AMC, in collaboration with BNP Paribas, has launched the Baroda BNP Paribas Multi Asset Active FoF Growth Direct Plan, another fund-of-funds structure targeting asset diversification. SBI AMC and ICICI AMC have both unveiled offerings tracking the Nifty200 Quality 30 Index through their SBI Nifty200 Quality 30 Index Growth Direct Plan and ICICI Prudential Nifty200 Quality 30 Index Growth Direct Plan respectively, appealing to investors seeking quality-focused portfolios within a passive structure. Motilal Oswal AMC's Services Growth Direct Plan provides sector-specific exposure, focusing on India's expanding services industry. Nippon India AMC's BSE Sensex Next 30 Index Growth Direct Plan targets the next-tier large-cap stocks, potentially offering growth beyond traditional Sensex constituents. Union AMC has introduced the Union Income Plus Arbitrage Active FoF Growth Direct Plan, catering to conservative investors looking for stable returns through arbitrage strategies. Lastly, Unifi AMC's Flexi Cap Growth Direct Plan offers flexibility in market capitalization, aiming to capture value across segments. These NFOs reflect the increasing innovation and customization in India's mutual fund industry. Index Returns Best Performers Worst Performers Bought and Sold Most Watchlisted Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.
Time of India
25-04-2025
- Business
- Time of India
Nippon India launches two new index funds targeting low volatility and quality stocks amid market uncertainty
These passive investment products track specific factor-based indices. (AI image) Nippon India Mutual Fund has introduced two passive investment funds as straightforward choices for investors navigating through present market instability and sector-wide negative performance. The company has rolled out a pair of open-ended index funds : the Nippon India Nifty 500 Low Volatility 50 Index Fund alongside the Nippon India Nifty 500 Quality 50 Index Fund , each utilising factor investment methodology. These New Fund Offers (NFOs) have commenced and will continue accepting subscriptions until April 30, 2025. "These funds are positioned as a hedge in the current volatile market environment," said Nippon India, highlighting their intention to provide steady returns and stability for investors with long-term objectives. These passive investment products track specific factor-based indices. They deliver advantages including portfolio diversification, reduced expense ratios, and clear investment visibility through index replication. The Nifty 500 Low Volatility 50 Index Fund aims to invest in the 50 companies showing minimal volatility within the Nifty 500, providing protection against market fluctuations. The fund utilises quantitative analysis to identify stocks demonstrating the lowest price variations over a one-year period. "The low volatility strategy has provided significant historical returns and has proved to be an anomaly to the theory of higher risk equals higher returns," the fund house noted, citing its resilience during previous periods of market turmoil. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo The Nifty 500 Quality 50 Index Fund, the second offering, focuses on selecting financially robust companies through quality-focused parameters. The selection process evaluates key financial indicators including return on equity (ROE), debt-to-equity ratio, and earnings per share (EPS) stability to select the top 50 quality stocks from the broader index. "Factor investing combines passive and active methods of investing, offering a rule-based, data-driven approach to portfolio construction," Nippon India said. These funds are being introduced when investors are seeking defensive investment options amidst ongoing market volatility and economic uncertainties. Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
