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MUTUAL FUNDS NEWS
Mutual fund industry assets grow 35% in FY24
Thu, Apr 18, 2024     Source : Economic Times
The mutual fund industry's assets under management grew by 35% in FY24, recording the highest gain since fiscal FY21 when the industry grew by 41%, said the Association of Mutual Funds India (AMFI).
MUTUAL FUNDS NEWS
Mutual Funds: Net AUM declines marginally to Rs.53 lakh crore in March
Thu, Apr 11, 2024     Source : Mint
The mutual fund (MF) industry’s net assets under management (AUM) declined by 2 per cent to ?53,40,194 crore at the end of March 2024, as against ?54.54 lakh crore as on February 29 this year, data release...
MUTUAL FUNDS NEWS
Retail investors’ inflow to mutual funds spiked 40% in the past one year
Thu, Mar 21, 2024     Source : Mint
Investment in mutual funds has really caught up with retail investors in the past one year.
MUTUAL FUNDS NEWS
Share of women mutual fund folios and assets in B-30 cities reflects growth: AMFI report
Tue, Mar 12, 2024     Source : Economic Times
The share of women's mutual fund folios and assets has shown prominent growth in B-30 cities, states a report by AMFI.
MUTUAL FUNDS NEWS
No foreign trips, gifts to incentivize distributors, Amfi tells mutual funds
Wed, Mar 06, 2024     Source : Mint
The Association of Mutual Funds in India (AMFI) on Tuesday warned mutual funds (MFs) not to offer foreign trips
MUTUAL FUNDS NEWS
Equity schemes derive 88 per cent of assets from individual investors
Thu, Feb 22, 2024     Source : Mint
While inflows into mutual fund schemes have been rising incessantly month after month, the jump is palpable among retail investors, shows the latest data released by the Association of Mutual Funds in Indi...
MUTUAL FUNDS NEWS
Mutual fund investor grievances decline in H1 FY24: AMFI
Fri, Feb 16, 2024     Source : Economic Times
The number of grievances/complaints from investors and distributors for the half-year ending September 30, 2023, was a mere 485 complaints.
MUTUAL FUNDS NEWS
Now retail investors own 60% of total assets, shows AMFI data
Sat, Jan 27, 2024     Source : Mint
Upon observing the recently-released AMFI data, one can promptly infer that the spike in mutual fund investment is an outcome of growing investment by retail investors, most of whom opt for equity schemes....
MUTUAL FUNDS NEWS
SIP account additions hit new high in December 2023
Fri, Jan 12, 2024     Source : Economic Times
A buoyant equity market continued to propel account additions for systematic investment plan (SIP) linked schemes in December 2023.
MUTUAL FUNDS NEWS
Eyeing Rs 100 trn AUM, 100 mn investors by 2030 for mutual funds: Amfi CEO
Wed, Jan 10, 2024     Source : Business Standard
The mutual fund (MF) industry has achieved scale in recent years but there is still a long runway for growth, says Venkat Nageswar Chalasani in an interview with Abhishek Kumar
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