Mutual Funds
- Smallcase mutual fund baskets
Smallcase's mutual fund basket feature allows investors to invest in curated combinations of direct-plan mutual funds as a single transaction, following a theme or strategy.
- Smallcase Managers vs Mutual Fund Managers: Regulatory Contrast
A regulatory comparison of smallcase portfolio managers and SEBI-registered mutual fund AMCs in India, covering registration, disclosure, fee structures, investor protection, and the ongoing regulatory convergence.
- Small-cap mutual fund
Encyclopedic reference on small-cap equity mutual funds in India: SEBI 2017 definition (251st company onwards), 65% minimum rule, liquidity risk, benchmark NIFTY Smallcap 250, taxation, and comparison with mid-cap and flexi-cap categories.
- SIP vs recurring deposit (RD)
A factual comparison of Systematic Investment Plans (SIPs) in equity mutual funds and bank recurring deposits (RDs) in India covering returns, risk, liquidity, taxation, and investor suitability.
- SIP vs lump sum mutual fund investment
A factual comparison of systematic investment plans (SIP) and lump-sum investments in Indian mutual funds covering rupee cost averaging, return outcomes, taxation, and investor suitability.
- SIP pause and SIP cancellation
Reference on pausing and cancelling SIPs in Indian mutual funds: SEBI-allowed pause duration, operational process, effect on NACH mandate, and distinction from cancellation.
- SIP Growth Story in India
How Systematic Investment Plans grew from a niche product to a Rs 25,000-crore-per-month national savings habit, covering the regulatory, infrastructure, and behavioural drivers of SIP adoption in India.
- Side-pocketing rules for debt mutual funds (India)
Encyclopedic reference on SEBI's side-pocketing framework for Indian debt mutual funds: the 2018 circular permitting segregated portfolios for stressed securities, eligibility triggers, mechanics, and investor protections.
- Side-pocketing introduction in Indian mutual funds (2018)
SEBI's circular of 28 December 2018 introduced the segregated portfolio (side-pocketing) mechanism for Indian mutual funds, allowing AMCs to ring-fence credit-impaired debt instruments from the main portfolio to protect ongoing investors.
- Side-pocketed scheme in debt mutual funds
Reference on side-pocketing in Indian debt mutual funds: mechanics of segregated portfolio creation, SEBI framework, NAV bifurcation, investor implications, historical cases, and recovery process.
- Short-duration mutual fund
Encyclopedic reference on short-duration mutual funds in India: SEBI Macaulay duration 1–3 year rule, credit quality flexibility, return expectation, taxation post Finance Act 2023, and comparison with ultra-short and medium-duration categories.
- Sharpe ratio in mutual funds
The Sharpe ratio measures the excess return earned per unit of total risk (standard deviation) in a mutual fund. It is the most widely used single-number summary of risk-adjusted performance for individual investors.
- Shankar Sharma
Shankar Sharma is the co-founder and Vice Chairman of First Global, an Indian financial services and research firm, known for his contrarian market views and his advocacy of emerging market and India-focused investment themes.
- Settlement cycles for mutual fund transactions (T+1/T+2/T+3)
Reference on T+1, T+2, and T+3 settlement cycles for mutual fund redemptions in India: SEBI timelines for different scheme types, redemption proceeds payment, and comparison with equity market settlement.
- Segregated portfolio, Indian mutual funds
Encyclopedic reference on the segregated portfolio mechanism in Indian mutual funds: definition, creation process, NAV computation, investor rights, and the relationship to the side-pocketing framework under SEBI's 2018 circular.
- Sectoral and thematic mutual fund
Encyclopedic reference on sectoral and thematic equity mutual funds in India: SEBI definition, 80% minimum in sector or theme, one-scheme-per-sector exception, difference between sectoral and thematic funds, concentration risk, taxation.
- Section 80C deduction for ELSS
ELSS (Equity-Linked Savings Scheme) investments up to Rs 1.5 lakh per year qualify for Section 80C deduction. Three-year lock-in, equity-fund LTCG on exit, and 2024 rates explained.
- Section 54F exemption on MF redemption proceeds
Section 54F exempts LTCG from mutual fund redemptions if the net consideration is invested in a new residential property within specified time limits. Conditions and computation explained.
- SEBI swing pricing framework for debt mutual funds (India)
Encyclopedic reference on SEBI's swing pricing mechanism for Indian debt mutual funds: the anti-dilution framework, full and partial swing triggers, the phased rollout, and its role in protecting long-term investors.
- SEBI stress testing framework for small/mid-cap mutual funds (2024)
Encyclopedic reference on SEBI's February 2024 stress testing circular for Indian small-cap and mid-cap mutual funds: the disclosure of portfolio liquidation days, monthly publication obligations, and SEBI's systemic risk rationale.
- SEBI Specialised Investment Funds (SIF) framework
Encyclopedic reference on SEBI's Specialised Investment Funds (SIF) framework introduced in 2024: eligibility, minimum investment threshold, permitted strategies, regulatory requirements, and the positioning between mutual funds and AIFs.
- SEBI scheme rationalisation circular 2017
Encyclopedic reference on SEBI's October 2017 scheme categorisation and rationalisation circular: the 36-category framework for open-ended mutual fund schemes, mandatory merger of duplicative schemes, and market impact.
- SEBI scheme merger and conversion rules (India)
Encyclopedic reference on SEBI's framework for mutual fund scheme mergers and conversions in India: regulatory trigger, SEBI approval process, exit window for unitholders, and post-merger obligations.
- SEBI NAV applicability rule 2021
Encyclopedic reference on SEBI's February 2021 NAV applicability rule for Indian mutual funds: the shift to fund-realisation-based NAV for all schemes, its rationale, impact, and the exceptions for liquid and overnight funds.
- SEBI mutual fund sponsor eligibility rules (India)
Encyclopedic reference on SEBI's sponsor eligibility criteria for Indian mutual funds: the financial soundness test, track record requirement, contribution norms, and amendments including the relaxed fit-and-proper criteria.
- SEBI mutual fund overseas investment cap (India)
Encyclopedic reference on SEBI and RBI's overseas investment limits for Indian mutual funds: the aggregate industry cap, per-fund limits, the 2022 pause and resumption, and implications for international fund schemes.
- SEBI Mutual Fund Lite framework (India)
Encyclopedic reference on SEBI's Mutual Fund Lite framework: the simplified registration and operational regime for passive-only AMCs, designed to lower barriers to entry for new passive fund sponsors.
- SEBI multi-cap reclassification circular (September 2020)
SEBI's circular of 11 September 2020 mandated that multi-cap mutual fund schemes allocate minimum 25 percent each to large-cap, mid-cap, and small-cap stocks, forcing the largest reclassification of mutual fund assets in Indian history.
- SEBI multi-cap reclassification 2020
Encyclopedic reference on SEBI's November 2020 multi-cap fund reclassification circular: the mandatory 25/25/25 minimum allocation rule, the Flexicap Fund introduction, and the market impact on AMCs and small-cap stocks.
- SEBI investor charter for mutual funds (India)
Encyclopedic reference on SEBI's mandatory investor charter for Indian mutual funds: the rights and obligations framework introduced in 2021, its content, display requirements, and role in investor protection.