Mutual Funds

Mutual Funds

There are 1,35,446 or 0.73 per cent of unique individual investors earing Rs 1- 5 crore with AUM worth Rs 9,93,121,66.

People with income below Rs 5 lakh constitute 70% of total MF investors

Nov 30, 2021

30 per cent of industry Assets Under Management (AUM) stem from individuals with an income of less than Rs 5 lakh. 

In October, BSE StAR MF processed a record 1.6 crore transactions worth Rs 42,927 crore

BSE StAR MF processes 2.65 mn transactions on Nov 8

Nov 09, 2021

It surpassed its previous best single-day record of 24.08 lakh transactions registered on September 13, the exchange said in a statement.

Equity mutual funds have been witnessing continuous inflows since March.

Equity mutual funds attract Rs 40,000 cr in Sept qtr

Nov 07, 2021

As per the Amfi data, the equity segment saw flows to the tune of Rs 39,927 crore in September quarter, as against an inflow of Rs 19,508 crore in the June quarter.

Simply put, passive funds are those that replicate a particular index or a benchmark

What are passive funds or passive investments?

Oct 07, 2021

Most of the new-age entrants that are betting big on technology have made it clear that they will focus on passive schemes. So, what exactly are passive funds and why is there is a rush to launch such funds?

While the one-year absolute growth in AUM was 87 per cent, the three-year absolute growth was 212 per cent

IIFL AMC's assets under management hits Rs 50,000 cr milestone

Sep 30, 2021

The fund house's aggregate assets under management (AUM) comprising alternative assets and mutual Fund (MF) rose to Rs 50,019 crore from Rs 37,372 on March 31, FY21, IIFL AMC stated in a release

In terms of the category of schemes, the fund house plans to first launch a flexicap fund followed by a global active fund and a tax-saving scheme

Samco Mutual Fund to focus on equity schemes with Indian, international stocks

Sep 14, 2021

The fund house will use a ‘Stress Tested Investing’ approach to construct concentrated portfolio with stocks that survive in a stressful situation while generating long-term risk-adjusted returns

Franklin Templeton

Franklin Templeton MF unitholders to get Rs 2,918 cr in sixth tranche

Aug 30, 2021

After the payout, the total disbursement will reach Rs 23,999 crore, amounting to 95.18 per cent of assets under management (AUM) as on April 23, 2020, when the fund house announced to shut the schemes, a Franklin Templeton MF spokesperson said

ICICI Prudential Value Discovery Fund has emerged as the largest scheme in the value category with a total asset base of Rs 21,195 crore as of July 2021

ICICI Prudential value discovery fund's AUM reaches Rs 21,195 cr, delivers 20% CAGR in 17 years

Aug 28, 2021

ICICI Prudential Value Discovery Fund - which completed 17 years in existence accounted for nearly 30 per cent of the total asset under management (AUM) in the value category, the fund house said in a statement

SEBI bars Kotak Mahindra AMC from launching fixed maturity plan

SEBI bars Kotak MF from launching FMP schemes for six months

Aug 27, 2021

Probe alleges fund house failed to do proper due diligence while investing in Essel Group securities and repayment to investors delayed 

The order will come into force with immediate effect, SEBI said

SEBI bars Kotak AMC from launching new FMP scheme for 6 months

Aug 27, 2021

SEBI said the order was passed after the markets regulator noticed the investors of certain FMPs, launched by the Kotak Mahindra Mutual Fund, were not paid their full proceeds as on their respective maturity dates

SBI Balanced Advantage Fund will run from August 12 to August 25, however, investors can also transact in it thereafter

SBI MF rolls out Balanced Advantage Fund with unique withdrawal feature; check out details

Aug 12, 2021

SBI Balanced Advantage Fund, launched on August 11, seeks to generate long-term appreciation by aiming to capture the potential upside and limit the downside in volatile equity markets