According to data from the Securities and Exchange Board of India (Sebi) on total investor accounts with 42 active fund houses, the number of folios rose to a record 62,049,189 at the end of September, from 55,399,631 in March-end, a gain of 6.65 million or 66.5 lakh.
According to the latest data, fund managers bought shares worth a net Rs 76,906 crore (USD 12 billion) in the first half of the ongoing financial year, while foreign portfolio investor (FPIs) pumped in just Rs 5,278 crore (USD 810 million) in equities during the period.
Mutual funds offer a variety of investment options that can cater to investors having varied risk-taking capacities.
According to the Amfi data collated by Icra, during the past 19 quarter-end months, AUM has declined on 17 instances.
This may be a good time to take a plunge in the stock markets. Focus and consistency may yield the pearls that you hope for.
The IT industry is not in dire straits as the market is making it out to be, says Vetri Subramaniam, Group President and Head of Equity, UTI Asset Management
Most mutual fund schemes have minimum investment requirement of Rs 500 for monthly SIP and Rs 5,000 for lump sum investment.
The strong inflows have pushed the asset base of equity mutual funds (MFs) by over 21 percent to Rs 6.59 lakh crore at the end of September from Rs 5.43 lakh crore in March-end, according to data of the Association of Mutual Funds in India (AMFI).
Your SIP investment must go up as your income rises.
N S Venkatesh will be relieved from his services at Lakshmi Vilas Bank at the close of office hours on Saturday, October 21
Allow your funds to grow and get the benefit of compounding, which adds significant power to your investments.
With low foreign ownership of securities and strong fundamentals Indian debt is preferred in the region.
The reforms, which were anticipated by the industry, will make it easier for investors to evaluate their options before investing
STP makes sense when you want to transfer a large amount of money in a regular fashion without going through the lump-sum route.
In comparison, Assets Under Management (AUM) of the MF industry, comprising 42 players, were at Rs 19.52 lakh crore during the April-June quarter, as per latest data with Association of Mutual Funds in India (AMFI).
Some moderation in the GDP growth in Q1 FY18 was expected. But the growth rate of 5.7% was a bit of a surprise.
On Reliance Mutual Fund Family Financial Planning series watch the case study of Rahul Chittiboina family.
These funds invest in highly liquid government instruments. You can invest even for a day and get your funds back the next business day
An IRF provides for future delivery of an interest-bearing security such as government bonds and such contracts provide an avenue to hedge against risks arising from fluctuations in interest rates.
Total return index captures dividends and show true picture of fund manager’s performance.
Such a move would help deepen the market and provide hedging opportunities to large companies that trade overseas due to limited liquidity at local exchanges.
There will be no exit load for redemptions or switch-out of up to 10 percent of investments within one year from the allotment date
In an interview to CNBC-TV18's Surabhi Upadhyay, Sunil Jhaveri, Mutual Fund Expert spoke on managing mutual fund holdings and when you should buy, switch and exit the fund.
Equity mutual funds can give you good returns if you keep your money invested over a long period of time to overcome market cycles.
SIP work irrespective of market sentiment. Marry the SIP with your financial goal and you are home.