NMDC, Apollo Hospitals, Cholamandalam Investment, SAIL, Bank of Baroda, Honeywell Automation & Adani Total Gas have entered the largecap category
SEBI also appointed a committee to look into a liquidity and stress testing framework for debt mutual funds
The steps taken by Sebi have certainly made mutual fund investments more transparent and less risky
Adani Gas, Apollo Hospitals, Cholamandalam, NMDC, Honeywell Automation, Bank of Baroda & Godrej Properties are likely to be reclassified as large-caps
In the month of May mutual funds increased weightage on PSU Banks, Oil & Gas, Automobiles, Capital Goods, Insurance, and Private Banks.
Equity AUM of domestic MFs increased 7.7% MoM to Rs 11.1 lakh crore in May 2021.
Despite the drop in inflow, AUM of gold ETFs rose by over 6% to Rs 16,625 crore at May-end, against Rs 15,629 crore at April-end
Following the outbreak of the Covid-19 pandemic last year, the yields at the long end were mostly anchored in the band of 5.90% - 6.25%
Contributions under the systematic investment plan (SIP) touched their lifetime highs of Rs 8,818.90 crore in May 2021
Mutual fund houses now offer features that ensure an investor does not suffer even when he or she has not been able to pay SIPs on scheduled dates