June 11, 2021 2:45 pm
Investors pumped Rs 10,082 crore into equity and equity-oriented schemes amid the 3,200-point rise in the Sensex during May.
September 12, 2020 11:17 am
The stock markets are set to witness a portfolio reshuffle over the next few months as fund houses will shift their allocation of multi-cap funds from heavily weighted large-cap companies to mid- and small-cap companies in a bid to adhere to the minimum investment requirement of 25 per cent each in large-, mid- and small-cap companies.
August 25, 2020 2:02 pm
Over 80,000 investors spread across 370 locations invested in the NFO of Nippon India Multi Asset Fund through both digital and offline mode, the fund house said in a statement.
July 03, 2020 5:16 pm
Average asset under management (AAUM) of the industry, comprising 45 players, stood at Rs 24.82 lakh crore in April-June quarter 2020 as compared to Rs 27 lakh crore in the preceding quarter, according to a data by Association of Mutual Funds in India (Amfi).
July 02, 2020 8:15 am
While all categories of mutual funds (except for ETFs) will attract stamp duty for the first time, shares purchased by individuals at stock exchanges were charged stamp duty at different rates by respective states.
June 15, 2020 4:37 pm
According to Association of Mutual Funds in India (Amfi), MFs that invest in fixed-income securities saw an inflow to the tune of Rs 63,665 crore last month as compared to an inflow of Rs 43,431 crore in April.
May 03, 2020 2:25 pm
In terms of percentage growth, SBI MF, which is the largest fund house in the country in terms of AUM, gave its CEO Ashwani Bhatia a salary jump of 132 per cent to Rs 51 lakh in 2019-20. He had earned a salary of Rs 22 lakh in the preceding fiscal.
April 25, 2020 1:47 pm
According to fund managers, after Franklin Templeton’s unilateral decision to wind up its six schemes, debt MF investors reacted negatively adding to the redemption pressure since morning.
February 11, 2020 3:56 am
According to the Association of Mutual Funds in India (AMFI), debt-oriented schemes recorded strong inflows of around Rs 1.09 lakh crore.
August 28, 2019 4:02 am
The document, targeting penetration in B30 (beyond the top) cities, was released in Mumbai in the presence of Sebi Chairman Ajay Tyagi and mutual fund industry officials.