MUTUAL FUNDS powered by  


Moneylife Digital Team 04 March 2021
Motilal Oswal Mutual Fund has launched a new fund-of-funds (FoFs) scheme that can become a one-stop solution for all your mutual fund needs. The Scheme will invest in index schemes that have in its portfolio domestic equities, gold, government securities and international...

Read More



The enforcement directorate (ED) has registered a case of money laundering against Franklin Templeton and its senior officials.   A senior ED official related to the probe told IANS, "We have registered a case of money laundering against Franklin Templeton and its senior...

Read More



Clinton Fernandes 26 February 2021
Mutual fund debt schemes are finally making a comeback, as interest rates have started to rise, after bottoming out in 2020. This is good news for those waiting on the sidelines to invest in these products, but bad news for those who have invested in the past six months to a...

Read More



Moneylife Digital Team 22 February 2021
While the sudden closure of six debt schemes by Franklin Templeton Mutual Fund (FTMF) has come as a shocker for its investors, an analysis of the final forensic audit report by a news portal reveals interference in risk management, liquidity issues, deficient investment policy, use of inter...

Read More



Moneylife Digital Team 19 February 2021
In January 2021, Axis Bank and Larsen & Toubro were the most preferred stocks of Indian mutual funds. The net purchases of Axis Bank were Rs699 crore. Reliance Industries and Bharti Airtel were the most sold stocks. The net sales of Reliance Industries were Rs1,741 crore and net sales of...

Read More



Clinton Fernandes 18 February 2021
UTI Mutual Fund has launched a new open-ended equity-oriented index scheme that tracks the Nifty200 Momentum 30 index. It will be the first equity scheme that brings momentum-based strategy, wrapped in an index scheme, to mutual fund (MF) investors.   The Nifty200 Momentum 30 index,...

Read More



Moneylife Digital Team 12 February 2021
The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory  

Read More



IANS 12 February 2021
The Supreme Court on Friday upheld the validity and results of e-voting of unit-holders of six mutual schemes of Franklin Templeton and said Rs9,122 crore will be disbursed as per its earlier order.   On 2nd February, the Supreme Court had directed Franklin Templeton Mutual Fund...

Read More



IANS 12 February 2021
In relief to unit holders of the shut schemes of Franklin Templeton India, SBI Funds Management Pvt Ltd will distribute the available cash of Rs 9,122 crore in the funds, as of January 15, among them in the coming week.   The Franklin India Ultra Short Bond Fund had available cash of...

Read More



Moneylife Digital Team 10 February 2021
Surprise net outflows from liquid funds in the first month of the quarter, led by pressure on yields in the short term due to the Reserve Bank of India's (RBI's) liquidity-normalising measures, coupled with continuing outflows from equity-oriented mutual fund (MF) schemes and mark-to-market...

Read More



IANS 10 February 2021
The Supreme Court has clarified that SBI Fund Management, and not SBI Mutual Funds, will be responsible for distribution of Rs9,122 crore to unit-holders of the six wound-up Franklin Templeton schemes. The SBI Fund Management also sought protection from any liability arising from the fund...

Read More



Clinton Fernandes 05 February 2021
Diversification is a term bandied about in the investing realm, but people cannot really figure out how to do it correctly. Does investing in 100 stocks count as good diversification? Or should one buy every available asset class to ‘diversify’? Even financial planners cannot agree on the...

Read More



Moneylife Digital Team 02 February 2021
In a relief to lakhs of unit-holders of six debt schemes of Franklin Templeton Mutual Fund (FTMF), the Supreme Court on Tuesday asked FTMF to return Rs9,122 crore to investors within 20 days through SBI Mutual Fund.   In an order, the bench of justices Abdul Nazeer and Sanjiv Khanna,...

Read More



Moneylife Digital Team 30 January 2021
In December 2020, Indian Railway Catering and Tourism Corporation and Max Financial Services were the most preferred stocks of Indian mutual funds. The net purchases of Indian Railway Catering and Tourism Corporation were Rs672 crore. Kotak Mahindra Bank and HDFC Bank were the most sold...

Read More



Clinton Fernandes 27 January 2021
It is the time of the year when the salaried search for tax-saving products to reduce their taxable income and save on taxes. Section 80C of the Income-tax Act, 1961 (I-T Act) allows deduction from gross total income of up to Rs1.50 lakh per financial year on investing in certain financial...

Read More



The Supreme Court on Monday said it will first deal with the 'contentious' issue of the objection to the e-voting process for winding up Franklin Templeton's six mutual fund schemes and of distribution of money to the unitholders.   A bench comprising Justices SA Nazeer and Sanjiv...

Read More



Moneylife Digital Team 21 January 2021
Franklin Templeton Mutual Fund (FTMF) has claimed that till 15 January this year, its six debt schemes under winding since April 2020, have received Rs13,789 crore from maturities and pre-payments. Meanwhile, without sharing any calculations, the Chennai Financial Markets and Accountability...

Read More



Moneylife Digital Team 21 January 2021
While Franklin Templeton Mutual Fund (FTMF) has been rejoicing with unit-holders voting in favour of winding-up of the six debt schemes, the observer appointed to oversee the e-voting process has expressed several concerns about the entire process. The observer, Taruvai Subayya (TS)...

Read More



Clinton Fernandes 20 January 2021
SBI Mutual Fund has launched a new open-ended scheme in the solution-oriented category catering to retirement needs. The scheme comes with a five-year lock-in period. The unique proposition of this scheme is ‘SIP Insure’ which offers investors a free life insurance cover on starting a...

Read More



Moneylife Digital Team 18 January 2021
A majority unit-holders of Franklin Templeton Mutual Fund (FTMF) has voted in favour of winding-up of the six debt schemes, according to a report submitted by the observer appointed to oversee the e-voting process say reports.    A tweet from CNBVTV18 says, "(the) Observer report...

Read More

Free Helpline
Legal Credit
Feedback