January 16, 2020 5:55 pm
In its Budget proposals to the Finance Ministry, the industry body has also demanded that the government recognise mutual funds (MFs) as specified long-term assets, qualifying for Long-Term Capital Gains (LTCG), as well as bring ULIPs of life insurance companies and equity MF schemes on par.
December 25, 2019 2:20 pm
Going ahead, the industry should witness growth in the range of 17-18 per cent in 2020 and equity funds should see robust inflows as expectations are high about improved equity markets and a revival in economic growth, industry body AMFI's CEO N S Venkatesh said.
December 09, 2019 5:36 pm
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October.
September 16, 2015 2:07 am
The Association of Mutual Funds Industry, the self-regulatory organisation of the mutual fund industry, is likely to discuss the issue at its board meeting on Wednesday.
April 09, 2015 1:34 am
Even the balanced scheme and equity linked savings schemes witnessed strong net inflow over the last one year.
February 11, 2014 3:40 am
Self-regulatory organisation to draw up standards for the sector.
June 11, 2013 12:49 am
Equity MF schemes saw outflows to the tune of R2,910 crore in May,the most in the last eight months,according to data from mutual fund industry body AMFI.
June 06, 2013 1:12 pm
The number of investor complaints has come down drastically at the country's top mutual funds.
February 25, 2013 1:54 am
To catch investors fancy,the mutual fund industry is hoping for tax breaks outside the 80C limit in the Budget 2013-14. V Ramesh
October 11, 2012 12:41 am
Rising gold prices and continuing investment flow in the yellow metal has pushed the size of assets held through gold exchange traded funds to an all-time high of Rs 11,198 crore.