ASSOCIATION OF MUTUAL FUNDS IN INDIA
Mutual funds continue to attract investors in 2020, add 72 lakh foliosMutual funds added 72 lakh folios in the pandemic ravaged year 2020 as higher disposable income and low interest on bank deposits attracted...
- SBI MF targets to collect Rs 2,000 cr from retirement scheme
SBI Mutual Fund, the largest asset manager on Tuesday said that it is targeting to raise up to Rs 2,000 crore from investors through a newl...
- SBI Mutual Fund launches SBI Retirement Benefit Fund
SBI Mutual Fund has launched SBI Retirement Benefit Fund, a solution-oriented fund that offers four plans across risk profiles.
- Sanjay Sapre says 96% votes in favour of Franklin Templeton's winding up
In a letter to the unitholders of the six shut debt mutual fund schemes, Sanjay Sapre, President, Franklin Templeton India, thanked the uni...
- Domestic mutual funds report higher redemption in December
The domestic mutual funds are witnessing rising redemption pressure at a time when the equity indices are trading at record levels.
- Large structural growth opportunity in Indian mutual funds: Citi Research
Analysts at the brokerage house have examined the growth seen in MF AUM in other markets, both developed and emerging, after they touched a...
- PGIM India eyes Rs 500 cr from balanced advantage fund
The new fund, which is an open-ended dynamic asset allocation fund with a floor of minimum 30 per cent equity, closes on January 29, PGIM s...
- PGIM India Mutual Fund launches Balanced Advantage Fund
The fund will be benchmarked against CRISIL Hybrid 50+50 Moderate Index.
- Mutual Funds bet on NBFCs, auto and solar themes in December
In December, fund houses allocated some money to NBFCs including housing finance companies, which could be beneficiaries of the expected re...
- 'Heavy inflows in equity ETFs and debt funds pushes mutual fund AUM up'
A massive rally in the equity markets since May bringing in heavy inflows into equity ETFs and open-ended debt funds has helped mutual fund...
- Crossed 2020-21 AUM target of Rs 8,000 crore by Q3: PGIM India MF
PGIM India Mutual Fund has crossed the full-year 2020-21 AUM target of Rs 8,000 crore by the December quarter, a senior company official ha...
- Gold ETFs attract Rs 6,657 crore inflow in 2020
The inflow came after witnessing a net pullout from safe-haven assets for six consecutive years, mainly on fears of a global slowdown and v...
- NFOs gain big; fear of correction hits equity mutual fund inflows
While all the equity mutual fund categories, except a few, saw outflows in December, NFOs kept going strong.
- Equity MF logs Rs 10,147 cr outflow in Dec, industry asset base hits Rs 31 lakh cr-mark
Overall, the mutual fund industry witnessed a net inflow of Rs 2,968 crore across all segments during the period under review, much lower t...
- Trust Group enters mutual fund business with Banking & PSU Debt Fund
Debt arranger Trust Group has started a mutual fund that would be launching a banking and PSU debt fund.
- SBI Mutual Fund raises stake in CSB Bank to over 5%
The acquisition was through open market purchase on January 1, 2021.
- Mutual funds asset base rises 7.6% to Rs 29.71 lakh crore in Dec qtr
The AAUM of December quarter is higher compared to the preceding quarter due to surge in equity markets.
- Mutual funds attract new investors, add to their wealth in pandemic-ravaged 2020
After wild swings in a pandemic-ravaged year, the stock market finally appears to end with unusually high gains, which coupled with robust ...
- Debt funds drive inflows into mutual funds during Nov: Report
Inflows into open-ended debt funds coupled with mark-to-market gains from equity markets contributed to the record rise in MFs' asset base.
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