Association Of Mutual Funds Of India

Even as top 10 fund houses have ramped up their businesses by almost 40 percent in fiscal 2017, their dependence on promoter groups has also gone up, which rose to 4 percent or over Rs 57,600 crore this year.

COMMENT: Funds data shows capital protection is investors' theme for 2016

In the first ten months of 2016, equity-based funds attracted Rs 28,517 crore as compared to Rs 57,874 crore in 2015, according to data provided by Association of Mutual Funds of India.

MFs asset base from smaller cities up 13.5% at Rs 2.14 lakh cr

Mutual Funds' assets under management (AUM) from B15 grew from Rs 1,89,014 crore in March 31, 2015 to Rs 2,14,528 crore at the end of December, according to data from the Association of Mutual Funds of India (AMFI).

Sebi widens probe into mutual funds' debt exposure

Some fund houses are keen to take a collective stance and they want AMFI to take up the matter with Sebi to arrive at a common regulatory mechanism on investment in corporate bonds.

Retail participation imperative for MF industry, says AMFI

In an interview with CNBC-TV18, HN Sinor, CEO, AMFI (Association of Mutual Funds of India) said that various short and long term tax related issues were discussed during the meeting with the secretary of DEA. According to him, there are certain major objectives that need to be fulfilled to kick start the industry.

Fidelity in talks to sell India mutual fund biz

CNBC-TV18 reports that only a "strategic review" with onshore businesses of Fidelity Investment's asset management arm in India is going to be put on the block.

SEBI mulls to make MFs' brokerage fee part of expenses

It is learnt from the sources that SEBI's mutual fund advisory committee is thinking over the possibility of making fund house pay the brokerage fees as well as securities transaction tax from their own pockets. CNBC-TV18's Vidhi Godiawala reports more quoting sources on what it means to the Mutual Funds (MF) industry.