January 03, 2020 01:56 PM IST
The asset under management (AUM) of the industry rose by over 13 percent (Rs 3.15 lakh crore) to Rs 26.77 lakh crore at the end of last month, up from Rs 23.62 lakh crore at the end of December 2018, as per the latest data available with the Association of Mutual Funds in India (Amfi).
- January 03, 2020 09:51 AM IST
It is imperative to understand the incentives of MF distributors and their role in the investment process
- January 02, 2020 11:49 AM IST
Bond ETF saw 55,000 investors participating in the NFO which was open from Dec 12-20.
- January 02, 2020 08:28 AM IST
Purists on both sides claim that their way is better
- January 01, 2020 03:36 PM IST
Edelweiss Greater China Equity Off-shore Fund and Kotak World Gold Fund delivered 46.64 percent and 45.45 percent average returns, respectively.
- December 31, 2019 03:06 PM IST
From April to November, the industry added 5,709 new individual ARNs as against an addition of 13,272 ARNs in the same period last year
- December 30, 2019 12:16 PM IST
Clients that have enrolled with Minance's APC can earn additional returns on top of what their existing investments make.
- December 29, 2019 08:45 AM IST
Some of the of the direct mutual platforms in India Kuvera, Goalwise, CAMS & Karvy Website/Mobile App, AMFI’s Mutual Fund Utility, PaisaBazaar, Zerodha, PayTM Money, Groww and Clearfunds.
- December 25, 2019 12:45 PM IST
The investor count is estimated to have grown by over 62 lakh during 2019, to 8.65 crore this year. In 2018, investors' folio grew by more than 1.3 crore.
- December 24, 2019 04:04 PM IST
After the liquidity crisis triggered in the NBFC space, MFs withdrew 45 percent of their investments from this category
- December 20, 2019 10:46 AM IST
We are very enthused by the promise the investment management sector is pointing towards. At the very least, this is an inflection point which will lead to a tangential growth of the industry in the next 5 odd years.
- December 14, 2019 06:15 PM IST
Financial experts said the returns projected by Edelweiss will happen only if the ETF is held to maturity and in the event of interest rates moving up, there could be mark-to-market losses.
- December 13, 2019 07:58 PM IST
In terms of outflows, Franklin India Bluechip Fund saw most outflows in 2019 until October-end.
- December 13, 2019 03:57 PM IST
HDFC Credit Risk Debt Fund had an exposure of Rs 124.11 crore to the secured non-convertible debentures (NCDs) issued by Simplex Infrastructures
- December 12, 2019 03:32 PM IST
Indices will comprise 15 PSU constituents such as Indian Oil Corp, Hindustan Petroleum Corp, REC, PFC, NTPC, NHPC, among others.
- December 12, 2019 10:30 AM IST
Net inflows into equity mutual funds, including closed-ended schemes, stood at a Rs 933 crore while investment through SIPs saw a strong momentum at Rs 8,273 crore.
- December 11, 2019 08:19 PM IST
A new earnings cycle may lead to broadbasing of profit growth, which in turn will help improve the breadth of market performance.
- December 10, 2019 09:58 PM IST
The maturity date of such instruments shall be as applicable on October 1, 2019, the regulator added.
- December 10, 2019 03:55 PM IST
Manulife intends to bring in simple products to India through Mahindra AMC JV as they are keen to penetrate further in the hinterland
- December 10, 2019 03:30 PM IST
Keep aside the ups and downs in MF mobilization. Systematic Investment Plans (SIPs) remain a favourite among retail investors
- December 10, 2019 03:17 PM IST
According to Dongre, this fiscal's Nifty earnings could be in the range of 12-15 percent
- December 09, 2019 06:26 PM IST
In the calendar year 2019 so far, total inflows through SIPs stood at Rs 65,880 crore.
- December 09, 2019 03:46 PM IST
The fund is diversified in nature and focuses on long-term growth and appreciation of capital.
- December 07, 2019 01:51 PM IST
At present SBI, LIC, BoB, each hold nearly 18.5 percent stake in UTI AMC besides having their own independent mutual fund houses.
- December 06, 2019 08:28 PM IST
The platform, BSE StAR MF had done 2.19 crore transactions worth Rs 1.03 lakh crore during April-November 2018-19, the BSE said in a release.