November 16, 2020 2:50 pm
According to data from the Association of Mutual Funds in India (Amfi), the number of folios with 45 fund houses rose by 4.11 lakh to 9,37,18,991 at the end of last month from 9,33,07,480 at September-end.
November 10, 2020 2:19 am
While multi cap funds registered outflows of R 1,902 crore in October, sectoral and thematic funds witnessed net flows of Rs 2,214.67 crore due to two NFOs during October 2020, as per Association of Mutual Funds of India (AMFI).
November 07, 2020 1:36 am
The new flexi cap category, introduced by the markets regulator, will allow fund houses to shuffle their allocations freely across small, mid and large cap stocks without any minimum limits.
October 21, 2020 10:19 am
While the banking sector’s share in equity Assets Under Management (AUM) of MFs declined from 24.4 per cent in February to 17.9 per cent in September, sectors such as IT, pharmaceuticals and petroleum have seen an increase in their share.
October 16, 2020 5:34 pm
The move comes following a request by the industry body Association of Mutual Funds in India (Amfi).
September 14, 2020 9:52 am
The capital markets regulator, in a circular issued on Friday, specified that minimum investment in equity and equity related instruments of large-, mid- and small-cap companies should be minimum 25 per cent each of total assets.
September 13, 2020 10:56 am
If a multi-cap scheme of a fund house has an AUM of Rs 10,000 crore, it will have to invest at least Rs 2,500 crore each in the three categories of stocks. The fund manager is free to invest the remaining Rs 2,500 crore in any category they want.
September 09, 2020 4:08 pm
Besides, investors pulled out Rs 3,907 crore from debt mutual funds (MFs) last month after seeing a staggering inflow of Rs 91,392 crore in July, data from the Association of Mutual Funds in India showed on Wednesday.
August 19, 2020 4:08 am
The number of SIPs getting discontinued or witnessing closure on account of tenure completion has been on a rise since the Covid pandemic.
August 11, 2020 12:50 am
Despite a 7.5% rise in the Nifty index in July, equity mutual fund schemes saw an outflow of Rs 2,480 crore.
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