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MUTUAL FUNDS NEWS
Choose Aadhaar-based KYC: Once done, you may invest across fund houses
Tue, Apr 30, 2024     Source : Business Standard
Keep Aadhaar, registered mobile number and scanned documents handy before starting online procedure
MUTUAL FUNDS NEWS
Amid Sebi's ban on overseas ETF inflows, the spread between market price & NAV widens
Tue, Apr 30, 2024     Source : Mint
Thanks to the restriction imposed on mutual fund houses for accepting fresh inflow into overseas exchange traded funds (ETFs), the gap between the trading price of units at stock markets and fund houses is...
MUTUAL FUNDS NEWS
Thematic MF receive highest inflows of Rs 46,000 crore in FY24. What’s your play?
Tue, Apr 30, 2024     Source : Economic Times
Sectoral and thematic mutual funds have received the highest inflows of Rs 46,137 crore in FY24 with highest being in February of Rs 11,262.72 crore, according to the monthly data released by AMFI.
MUTUAL FUNDS NEWS
Fund houses' ticker-tape parade of fiscal success on the D-Street
Mon, Apr 29, 2024     Source : Business Standard
Robust performance buoyed by soaring AUM and stellar equity performance
MUTUAL FUNDS NEWS
AMCs eagerly pursue special opportunities funds; 3 firms file draft papers with Sebi
Mon, Apr 29, 2024     Source : Economic Times
Asset management firms are showing enthusiasm for special opportunities funds, with three such firms submitting draft papers with markets regulator Sebi to float schemes based on this theme recently.
MUTUAL FUNDS NEWS
MFs close in gap with bank deposit on back of strong growth, new investor addition
Mon, Apr 29, 2024     Source : Business Line
The equity AUM alone has jumped 48 per cent to ?39 lakh crore (?26.60 lakh crore) even as the inflows dipped 22 per cent to ?2.37 lakh crore (?3.02 lakh crore)
MUTUAL FUNDS NEWS
AMFI knocks on SEBI doors to resolve KYC impasse
Fri, Apr 26, 2024     Source : Business Line
AMFI and SEBI are in discussions to resolve KYC validation issues impacting mutual fund investors, affecting transactions and flows
MUTUAL FUNDS NEWS
Mutual fund folio addition: Smaller towns steal a march over big cities
Fri, Apr 26, 2024     Source : Business Standard
According to MF officials, the industry witnessed strong growth across metrics in FY 2024 on the back of a sharp rally in the equity market
MUTUAL FUNDS NEWS
Mutual fund industry AUM surges 35% at Rs 53.40 lakh crore in March: ICRA Analytics
Fri, Apr 26, 2024     Source : Economic Times
The assets under management of the Indian mutual fund industry surged 35% and stood at Rs 53.40 lakh crore in March 2024 as compared to Rs 39.42 lakh crore in March 2023, according to a report by ICRA Anal...
MUTUAL FUNDS NEWS
Invesco AMC, its CEO, others settle case with Sebi
Fri, Apr 26, 2024     Source : Economic Times
Invesco Asset Management Company, its chief executive Saurabh Nanavati, and four others have settled a case of alleged violation of mutual fund and portfolio management services regulations with market reg...
MUTUAL FUNDS NEWS
Small, mid cap funds saw massive surge in folios in March
Thu, Apr 25, 2024     Source : Mint
Although small cap mutual funds saw redemption in the month of March, the number of new mutual fund folios in this category hit a whopping 3,63,000 in the last month of FY2024, showed the AMFI data.
MUTUAL FUNDS NEWS
Invesco agrees to pay Rs 5 cr to Sebi for settlement in MF violation case
Thu, Apr 25, 2024     Source : Business Standard
In an inspection conducted in 2021, the market regulator found that there was no clear segregation of activities between portfolio management activities and mutual fund activities of the firm
MUTUAL FUNDS NEWS
Breadth of the market rally is narrowing. Where to invest?
Thu, Apr 25, 2024     Source : Economic Times
The breadth of the ongoing market rally is narrowing with the number of stocks generating positive returns within the Nifty500 universe decreasing from 452 in Q1FY24 to 268 in Q4FY24, according to Motilal ...
MUTUAL FUNDS NEWS
Motilal Oswal AMC elevates Prateek Agrawal as MD
Thu, Apr 25, 2024     Source : Business Line
He will take charge from Navin Agarwal, who will return to the parent company
MUTUAL FUNDS NEWS
Investing in passive funds? Keep it simple and don’t overthink: Pratik Oswal
Wed, Apr 24, 2024     Source : Economic Times
Pratik Oswal, Head - ETFs and Index Funds, Motilal AMC, says when it comes to passive funds, keep it very simple.
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