InCred Money has launched a market linked debenture issue for retail investors, which aims to offer equity market participation with 100 percent principal protection and a minimum assured 14 percent return at maturity. This and all other MLDs come with fine details that investors must be aware of.
Large mutual fund houses such as Kotak Mutual Fund, Aditya Birla Sun Life Mutual Fund, SBI Mutual Fund, Mirae Asset Mutual Fund, and Nippon India Mutual Fund are coming up with fixed maturity plans in August and September.
In the last three months, multi-cap funds have seen net investments of Rs 3,340 crore while flexi-cap funds saw net selling of Rs 1,317 crore. Both work under the same mandate of investing across market capitalisations, albeit to different degrees. So, what’s behind the difference in their fortunes? Rushabh Desai, Founder, Rupee With Rushabh Investment Services explains what’s behind the contrasting investment trend in these two fund categories, which fund is better suited to manage market volatility and more. Listen in
Fund houses are exploring ways to differentiate themselves in the hybrid space. A relatively unknown hybrid fund variant, Balanced Hybrid, is about to see its first launch since the introduction of mutual fund (MF) scheme categorisation norms in 2017.
WhiteOak Capital MF has filed papers with the regulator for this scheme, which comes amid increasing interest in the hybrid space.
MFs anticipate that hybrids will become the preferred category for investors with a lower risk appetite following changes in debt fund taxation.
For investors taking exposure to consumer funds, an existing scheme with proven track record and known portfolio construction would make better sense. Also, it is unclear how eliminating cyclical consumption themes would improve performance and reduce volatility in the fund.