May 11, 2022 7:31 am
According to the Amfi, monthly SIP (systematic investment plan) contribution dropped to Rs 11,863 crore in April compared to Rs 12,328 crore in March. However, the number of SIP accounts hit an all-time high in April at 5.39 crore as 11.29 lakh new accounts were added in the month.
April 09, 2022 3:51 am
According to the Association of Mutual of Funds of India (AMFI), equity mutual funds saw a net inflow of Rs 19,705 crore in February, Rs 14,888 crore in January and Rs 25,077 crore in December 2021.
April 03, 2022 7:17 am
The extension in the deadline is to facilitate efficient technology overhaul and its smooth transition to serve growing investor needs, the industry body said.
March 25, 2022 1:32 am
Indian household asset holdings — based on savings data and MTM (mark-to-market) calculations — over the last 15 years suggests that equities as a percentage of households (HH) net worth have risen to an all-time high, according to a report from research firm Jefferies.
March 10, 2022 2:36 pm
You can avail of the insurance option while filling out the SIP investment form. You will get group insurance policy offers at no cost.
January 31, 2022 1:56 pm
Indian mutual funds registered with SEBI are permitted to invest within an overall cap of US $ 7 billion, the RBI says in its Master Circular issued on January 1, 2016.
November 09, 2021 9:55 am
Here are five factors an investor should keep in mind when markets are touching all-time highs.
September 17, 2021 5:27 am
Nagpur is on top in terms of maximum gain in AUM share — from 0.46 per cent in June 2020 to 1.02 per cent in June 2021. Patna, Jamshedpur, Asansol, Aurangabad and many more have seen a jump in their share of industry AUM.
September 16, 2021 3:41 am
Foreign assets of mutual funds increased due to rise in equity security and other foreign assets during the year and stood at Rs 20,865 crore ($2.9 billion) at end-March 2021, a big rise from Rs 5,808 crore a year ago, said a Reserve Bank of India (RBI) report.
September 03, 2021 10:32 am
Markets regained momentum after a minor pause in Wednesday’s session and closed higher as on sustained buying by retail investors, mutual funds and institutions.