Amfi

Investor confidence in value mutual funds remains robust, with the category witnessing an inflow of Rs 1,556 crore in January, indicating a shift in their focus towards fundamentally strong yet undervalued stocks. This represents a slight increase from the Rs 1,514 crore inflow registered in December, according to data from industry body Association of Mutual Funds in India (Amfi). However, despite the inflow, assets under management (AUM) in this category declined from Rs 1.88 lakh crore in December to Rs 1.83 lakh crore in January. This decline in AUM highlights some challenges, but the outlook for value funds in 2025 remains optimistic. Santosh Joseph, Co-founder and CEO of Germinate Investor Services, said the future of value funds will largely depend on sectoral trends and macroeconomic conditions. "The key sectors that drove the value fund rally in 2023 and 2024, including metals, real estate, construction, capital goods, PSUs, and manufacturing, are expected to maintain the

For now, the market sell-off has not deterred investors who have kept the faith and continued with their SIP investments in equity mutual funds in January 2025

Equity mutual funds witnessed a remarkable surge in inflows to nearly Rs 4 lakh crore in 2024, more than double the amount recorded in the preceding year, reflecting strong investor confidence and a continued shift towards long-term investing, particularly through Systematic Investment Plans (SIPs). Despite the strong performance in 2024, the outlook for 2025 appears cautious. The mutual fund industry has started to see a slowdown in equity fund flows since early December, a trend attributed to increased market volatility, Santosh Joseph, Co-founder and CEO of Germinate Investor Services, said. Historically, inflows into equity funds are closely tied to market performance, and periods of market uncertainty often result in subdued investor activity. "As a result, 2025 may witness muted activity in terms of new fund launches and equity fund mobilization especially as market volatility persists," Santosh Joseph, Co-founder and CEO of Germinate Investor Services, said. However, long-te

The petitioner, a chartered accountant, has alleged that Amfi is 'recklessly propagating that mutual funds are right without any basis or rationale'

A fresh list of largecap, midcap, and smallcap stocks is set to be released by the Association of Mutual Funds in India (Amfi) in the first week of January

Amfi stock rejig: Nuvama Alternative expects Vishal Mega to enter mid-cap category and One Mobikwik to enter small-cap category, based on potential post listing m-cap expectations

The previous high of Rs 40,608 crore was recorded in June 2024

As per the circular released by markets regulator Sebi in October 2017, the listed stocks must be strictly categorised into baskets with a well-defined classification of Largecap, Midcap, and Smallcap

The clarification came following media reports of stagnant net inflows even as gross SIP inflows continue to rise

Says higher tax will disrupt financialisation of savings

Amfi's hammer fall: No 'incentivisation programmes' beyond Indian shores

Industry adds latest Rs 10 trillion in just six months

The benchmark NSE Nifty 50 has risen about 65% over these last 40 months, helped by sustained mutual fund inflows, steady earnings and the fastest macroeconomic growth among large economies

While the fund industry took five decades to build the first Rs 10 trillion of assets since its inception in 1964, it has added the last Rs 9 trillion of assets in less than six months

Move follows Sebi nod for institutional mechanism to curb front-running and insider trading

Given the macroeconomic strengths, the market is pricing in a reasonable earnings growth and hence justifying current valuations, Pramod Gubbi of Marcellus Investment Managers said in this interview

Edelweiss Mutual Fund on Thursday disclosed its first stress test result in order to comply with recent Sebi directive.

In a bid to maintain stability, instil investors' confidence and enhance transparency, market regulator SEBI and AMFI, a body representing the mutual fund industry, have directed fund houses to provide additional disclosures for small and mid-cap funds from this month, officials said. The additional disclosure parameters for mutual fund managers include valuation, volatility, investor concentration and stress tests, they said. "We have instructed AMFI to direct AMCs to disclose certain additional data points relating to valuation, volatility, investor concentration, and the percentage holding in small and mid-cap stocks, along with disclosures on stress testing results," SEBI wholetime member Amarjeet Singh said at an event organised by Indian Chamber of Commerce. The stress test results are expected to reveal the time it may take for Asset Management Companies (AMCs) to liquidate securities equivalent to 25 per cent and 50 per cent of the Assets Under Management (AUM) of the scheme

Mutual fund distributors will now have the opportunity to receive trail commissions from Asset Management Companies (AMCs) for assets transferred by an investor from one distributor to another. This change follows numerous requests from Mutual Fund Distributors (MFDs) to review the current AMFI Registration Number (ARN) transfer norms. These norms currently prevent AMCs from paying trail commissions to the new distributor when an investor transfers their assets to a new MFD. In a communication to its members on Tuesday, Association of Mutual Funds in India (Amfi) permitted AMCs to pay trail commission to distributors in case a client transfers his assets from one distributor to another. However, AMCs can only pay trail commission after cooling off period of six months from the date of transfer of assets by investors. "In respect of change in distributor/ ARN code initiated by the investor, the AMCs may consider making payment of trail commission to the transferee distributor afte

Commission by Asset Management Companies to the New Distributor Upon a Change by the Investor