“Never let a crisis go waste”. SEBI has taken this adage seriously and come out with a comprehensive set of guidelines to communicate risk associated with mutual fund schemes. Remember the image below. This is a RiskOMeter. You see it as a part of your mutual fund scheme factsheet. The unfortunate part is that no […]
SEBI pokes multicap funds – What should you not do?
On Sept 11, 2020 (yes, 9/11), SEBI issued a circular redefining market cap exposure limits for multicap funds. SEBI now wants multicap funds to adhere to a structure where it invests minimum 25% each in large, mid and small caps. The balance 25% can be invested anywhere. This is in a departure from the status […]
Sundaram Mutual Fund – Revision in schemes and categories – April 2018
Following the SEBI circular, Sundaram Mutual Fund has announced the changes in the scheme names and categories, if any. Here is a touch down. To know about the SEBI circular and what changes it has asked Mutual Fund houses to make, click here. I found the Sundaram’s communication to be most proper. They have clearly […]
Franklin India Debt funds – Likely impact of SEBI’s scheme rationalisation
I received an email from Franklin Templeton India about their debt fund schemes – a reckoner of sorts. Frankly, I was expecting information on their scheme rationalisation. Looks like they need more time. Anyways, here’s how I see the schemes change after the AMC implements SEBI’s circular for scheme rationalisation. So, this is what I did.
How to select debt mutual funds post SEBI classification – Part 2
In Part 1, we noted that SEBI has now defined 16 categories for debt mutual funds hoping that it will allow retail investors like you and me to be able to select debt mutual funds with more ease. I believe the new classification will do the job to some extent. The number of funds (in […]
Change in Scheme name and fundamental attributes of Mutual Fund Schemes- Feb 2018
You are probably looking at different names of your mutual fund schemes in the statements and portfolio trackers. They don’t look like what you invested in. No need to panic. Here’s a quick touch base on the changes that are taking place. The changes are a result of the October 2017 circular from SEBI asking […]