May 11, 2021 1:45 pm
Apart from equities, investors infused over Rs 1 lakh crore in debt mutual funds last month after withdrawing Rs 52,528 crore in March.
May 10, 2021 12:14 am
Investment by mutual funds (MFs) in equities will continue in coming months seeing the increase in user growths as multiple fintech players are entering into this space, Kaushlendra Singh Sengar, founder and CEO at INVEST19, said.
April 30, 2021 4:32 pm
By reducing the ARN and EUIN registration and renewal fees, Amfi wants to encourage new and young individuals across the country to reach out to large base of small savers, especially in the Tier II and III cities and towns, to channelise financial savings into mutual fund asset class, the industry body said in statement.
April 09, 2021 3:04 am
Investments through SIP went up to Rs 9,182 crore in March compared to Rs 7,528 crore in February 2021.
April 05, 2021 5:31 am
These outflows were mainly due to profit booking by investors amid rally in stock markets.
March 16, 2021 12:41 pm
The Finance Ministry has asked the regulator to withdraw the changes as it could lead to disruption in the investments of mutual funds and the fund-raising plans of banks.
March 09, 2021 6:37 pm
Overall, the mutual fund industry witnessed a net outflow of Rs 1,843 crore across all segments during the period under review, compared with Rs 35,586 crore in January.
February 09, 2021 4:05 pm
Also, investors pulled out Rs 33,409 crore from debt mutual funds last month after investing Rs 13,863 crore in December, data from the Association of Mutual Funds in India showed on Tuesday.
January 30, 2021 7:35 pm
Without disclosing the source of its information to back up its claim, CFMA said it has learned that more than 10 other mutual funds want to put their losses on unitholders' heads and are only waiting for the Supreme Court verdict.
December 28, 2020 11:00 am
"In the post-Covid world, where the world is awash with central bank liquidity, India has been getting a disproportionate share. As an opportunity, India continues to remain an attractive destination for global growth investors," said Axis Mutual Fund MD and CEO Chandresh Kumar Nigam.