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Association Of Mutual Funds In India

Say new system disrupts their ability to execute large deals

Updated On: 28 Nov 2024 | 10:54 PM IST
Bs_logoMF industry seeks relaxation in rules framed to prevent market abuse

Equity mutual funds attracted Rs 34,419 crore in September, marking a decline of 10 per cent from the preceding month, on a sharp slump in inflow in thematic funds and large-cap. The latest flow also marks the 43rd consecutive month of net inflows in equity funds, data with the Association of Mutual Funds in India (AMFI) showed on Thursday. Overall, the mutual fund industry witnessed an outflow of Rs 71,114 crore in the month under review after experiencing an outflow of Rs 1.08 lakh crore in August. The huge inflow was due to withdrawal to the tune of Rs 1.14 lakh crore into debt schemes. Despite the outflow, the industry's net assets under management rose to Rs 67 lakh crore last month from Rs 66.7 lakh crore in August-end. As per the data, equity-oriented schemes witnessed an inflow of Rs 34,419 crore in September -- the lowest level since April, when equity schemes saw investments of Rs 18,917 crore. The inflow was way lower than Rs 38,239 crore in August and Rs 37,113 crore

Updated On: 10 Oct 2024 | 4:01 PM IST
Bs_logoEquity mutual fund inflow marks 10% decline to Rs 34,419 cr in Sep

The move is part of Jio Financial Services' plan to broaden its presence in the financial services industry, including asset and wealth management

Updated On: 09 Oct 2024 | 7:02 PM IST
Bs_logoJio Payments Bank gets mutual funds distribution licence from Amfi

New script, new benchmark: Curtain to rise on a new act as largecap eligibility cut-off approaches Rs 1 trillion ahead of January review

Updated On: 06 Oct 2024 | 9:53 PM IST
Bs_logoLargecap lineup likely to get a new cast: 9 new entrants, 9 exit stage

Inflows in first four months of FY25 at Rs 1.3 trn, SIPs stood at record Rs 23,332 cr

Updated On: 09 Aug 2024 | 8:53 PM IST
Bs_logoEquity MFs attracted over Rs 37K crore in July despite market volatility

In the Budget, the government had taken away the indexation benefits from all asset classes, applicable retrospectively

Updated On: 07 Aug 2024 | 11:44 PM IST
Bs_logoAmfi reiterates demand to extend grandfathering of indexation benefits

M-cap of 6 of these 7 midcap stocks has topped Rs 1 trillion

Updated On: 13 Jun 2024 | 11:42 PM IST

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

Updated On: 09 May 2024 | 7:55 PM IST

Q4 average AUM surges to Rs 54 trillion on back of strong inflows, market rally

Updated On: 04 Apr 2024 | 11:47 PM IST

According to an analysis by Fisdom, schemes like HDFC Small Cap, Axis Small Cap Fund, HSBBC Small Cap Fund, DSP Small Cap fund and Franklin India Smaller Cos Fund carry a relatively higher risk

Updated On: 01 Mar 2024 | 10:46 AM IST

Mark-to-market gains vs inflows: It's a 70-30

Updated On: 25 Feb 2024 | 9:42 PM IST

Prior to this role, Chalasani served as the Deputy Managing Director (DMD) at the State Bank of India (SBI), where he spent almost four decades

Updated On: 08 Nov 2023 | 9:19 PM IST

Net inflows stood at Rs 14,090 crore on strong SIP flows in September

Updated On: 11 Oct 2023 | 10:46 PM IST

Choosing such a fund based on recent returns can, however, jeopardise portfolio performance

Updated On: 22 Sep 2023 | 10:53 PM IST

Most of the money goes to debt schemes, but equity allocations are rising

Updated On: 25 Aug 2023 | 11:14 PM IST

Among the Top 10 funds, the highest MoM rise was seen in Nippon India Mutual Fund (+6.5%) followed by ICICI Prudential Mutual Fund (+6.4%), HDFC Mutual Fund (+6.3%), DSP Mutual Fund (+5.1%)

Updated On: 16 Aug 2023 | 2:15 PM IST

Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) to Rs 25,400 crore in April

Updated On: 16 May 2023 | 12:00 PM IST

Industry says exemption for those staying invested for over three years will help channelise flows into financial assets

Updated On: 25 Nov 2022 | 11:43 PM IST

Any delay in dividend payment beyond seven working days to attract interest charge at 15% a year; investors to get redemption money within three working days, from 10 earlier

Updated On: 25 Nov 2022 | 7:32 PM IST

In case of an ETF, prefer those that also have large trading volume and AUM

Updated On: 21 Nov 2022 | 2:19 PM IST