Mutual Funds

The fund's assets under management rose to Rs 66,207 crore as of September 2024, up from Rs 30,724 crore in September 2021

Most gilt funds and dynamic bond funds are also up more than 9 per cent, shows data from Value Research

The leaders of some of the country's largest fund houses said that the momentum in MF inflows could take assets under management (AUM) past Rs 100 trillion in two to three years

The mutual fund investment tracing and retrieval assistant, or MITRA, platform will help trace inactive and unclaimed folios, thereby preventing potential misuse

Most of the MF investments in the three companies (Swiggy, Zomato and NTPC) are likely to have happened in the primary market, with mutual funds being major investors during the IPO anchor allotments

Experts cite festival holidays and wedding season for decline

Overall, the mutual fund industry witnessed an inflow of Rs 60,295 crore in the month under review as compared to Rs 2.4 lakh crore in October

Mutual fund (MF) debt exposure to NBFCs, which includes commercial papers (CPs) and corporate debt, has now remained above Rs 2 trillion for more than half a year

Investors can purchase direct plans directly on MF websites and online investment platforms

He began his career at SBI as a probationary officer in 1990 and moved up the ranks to become the deputy managing director

The 13th largest fund house may be valued around $700-$800 million

The fund house, which manages over Rs 1 trillion worth of assets, had the highest exposure to these stocks among the larger fund houses

Within the debt fund, liquid funds led the inflows with Rs 83,863 cr, accounting for 53 per cent of the total, followed by overnight funds and money market funds with Rs 25,784 cr and Rs 25,303 cr

Both largecap, flexicap funds saw all-time-high inflows last month

Active equity schemes held nearly Rs 1.7 trillion in cash at the end of October

Net flows into such funds hit Rs 41,887 crore in October

The RTAs will have equal ownership in the JV

Fund aims to invest in 3-6 sectors likely to outperform

Equity mutual funds witnessed a record inflow of Rs 41,887 crore in October, marking a surge of over 21 per cent on a month-on-month (MoM) basis, fuelled by robust investments in thematic funds.

Investor count reaches the next landing, doubling in four years