Fund House Watch

Fund House Watch

Read-only AMC surveillance. reference/READ-ONLY-POLICY.md (hard rule) and reference/RESEARCH-STANDARDS.md (freshness, tool availability, SEBI/AMFI primary sources, disclosure where a fund-level view results) apply. Works over whichever broker(s) BROKERS.md names active — see reference/BROKER-CAPABILITIES.md. Groww exposes no fund data; if INDmoney is active its holdings/SIP capability can supply the AMC list directly (unverified, check the status table), otherwise the watchlist comes from PORTFOLIO-PLAN.md. Either way the findings themselves are entirely news-derived — no broker has an AMC-surveillance tool.

Steps

1. Build the AMC list. From INDmoney's holdings/SIP capability if active; otherwise PORTFOLIO-PLAN.md's holdings and SIP register give the distinct fund houses, which of the user's funds each carries, and how much ₹ — no other broker here can. Missing or stale → ask which AMCs to watch, or offer portfolio-plan-builder. Watch only these unless the user names another.

2. Search per AMC. Date-anchored WebSearch, one query per AMC (" news fund manager SEBI "), a second only if something surfaces. Looking for manager exits (especially on the user's schemes — note the replacement's tenure); regulatory action (SEBI orders, show-cause notices, front-running or valuation investigations); scheme events (mergers, reclassification, mandate changes, exit-load or expense changes on held schemes); and AUM anomalies (sudden large outflows — institutional money leaves first).

   Silence is a finding: "nothing material found in the last N days" per AMC, dated. Don't manufacture concerns.

3. Grade against exposure:

   • Red (thesis-breaking — SEBI action, star-manager exit on a held concentrated scheme) → follow up via mutual-fund-analysis / sip-review, with an interim view per the completeness checklist.
   • Amber (manager change with a credible successor, mandate tweak) → note what to re-check and when.
   • Info (expense change, scheme rename).

4. Present: a per-AMC table (AMC, ₹ exposure, funds held, flag, finding + source/date), detail only for red and amber, then the disclosure block if a view was given. Cite outlet + date on every claim — this skill is entirely news-derived. Formal version: reference/templates/fund-house-watch.md.