News
The mutual fund industry is looking to introduce uniform valuations of debt securities across asset management companies in a bid to increase the transparency in the valuation of debt securities.
MF Features
- Some mutual fund scheme are only portfolio diversifiers
- New Fund Offers. Should you invest or not?
- Active management, right calls helping the fund stay ahead
- Fasten your seatbelts
- Equity fund managers sold shares worth Rs 22,750 cr in FY13
- Curious case of RGESS inflows
- Mutual funds, insurance plans not tax-effective for retirement
- High interest rate management yields better returns
Biggest Fund Houses
| Fund House | No. of Schemes | AUM (Rs cr) |
| HDFC Mutual Fund | 113 | 1,02,095 |
| Reliance Mutual Fund | 128 | 96,850 |
| ICICI Prudential Mutual Fund | 192 | 87,968 |
| Birla Sun Life Mutual Fund | 154 | 77,144 |
| UTI Mutual Fund | 97 | 69,450 |
Biggest Schemes
| Scheme Name | Average Size (Rs cr) |
| HDFC Top 200 Fund (G) | 11,697.96 |
| HDFC Equity Fund - (G) | 11,070.68 |
| Franklin India Bluechip Fund - (G) | 5,110.92 |
| Reliance Equity Opportunities Fund (G) | 5,105.30 |
| Reliance Growth Fund - (G) | 4,705.96 |
Category Performance
As On 22 May 13
| Category | 1 Mth | 3 Mths | 1 Yr |
| Equity - Media | 4.03 | 1.16 | 39.19 |
| Equity - Banking | 6.06 | 5.03 | 35.33 |
| Equity - FMCG | 6.87 | 9.84 | 29.44 |
| Equity - Pharma | 4.57 | 9.35 | 27.45 |
| Equity - Index | 5.70 | 4.20 | 25.06 |
New Fund Offer
| Scheme Name | Close Date |
| HDFC FMP - 366Days-May 2013(2)(XXVI) (G) | 27 May 13 |
| HDFC FMP - 366Days-May 2013(2)(XXVI) - Dir (D) | 27 May 13 |
| HDFC FMP - 366Days-May 2013(2)(XXVI) - Dir (Flexi) | 27 May 13 |
| HDFC FMP - 366Days-May 2013(2)(XXVI) - Dir (Div-Q) | 27 May 13 |
| HDFC FMP - 366Days-May 2013(2)(XXVI) - Dir (G) | 27 May 13 |
Oldest Schemes
| Scheme Name | Launch Date |
| UTI-Unit Linked Insurance Plan | 01 Oct 71 |
| UTI-CRTS (G) | 01 Oct 81 |
| UTI-Mastershare (G) | 19 Sep 86 |
| Canara Robeco Monthly Income Plan (Growth) | 01 Mar 88 |
| LIC NOMURA MF Unit Linked Insurance Scheme - (G) | 19 Jun 89 |
What's In and Out
| Company | Latest (As On 30 Apr 13) | Prev. (As On 31 Mar 13) | Increase (No of shares) | Increase (Rs cr) (As On Today) | ||
| No of Shares | Market Value | No of Share | Market Value | |||
| Gujarat State Fertilizers & Chemicals Ltd | 58,905,385 | 323.77 | 26,683,654 | 156.07 | 32,221,731 | 167.70 |
| TVS Motor Company Ltd | 44,728,273 | 171.53 | 12,532,791 | 40.61 | 32,195,482 | 130.92 |
| Rain Commodities Ltd | 31,745,737 | 142.22 | 0 | 0.00 | 31,745,737 | 142.22 |
| Jindal Saw Ltd | 23,775,899 | 188.78 | 3,748 | 0.03 | 23,772,151 | 188.75 |
| Triveni Turbine Ltd | 34,925,745 | 181.74 | 12,180,931 | 63.81 | 22,744,814 | 117.94 |