Tidal shift: Anchoring strong in choppy seas, BAFs draw Rs 2,456 crore amid equity ebb
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
Among passive fund categories, sectoral funds are the top choice, according to the surveyed investors
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
Investor count reaches the next landing, doubling in four years
Focus is on staying ahead on the technological front
The AUM has doubled in the past three years and is currently around Rs 67 trillion
India heads see new opportunities as Indian economy gains ground
Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November
Asks Amfi to come up with standardised half-yearly disclosure format
However, the scheme's exposure to Indian securities should not exceed 25 per cent
In October, the equity market witnessed a sharp fall amid record selling of close to Rs 1 trillion by foreign portfolio investors (FPIs)
The last released net SIP data for July stood at Rs 8,964 crore, with gross inflows reaching Rs 23,332 cr
A haul of Rs 87,000 crore nearly doubles previous record, reeling in a lifeline for stability
Samvat 2080 closes with small and midcaps leading the charge, gold gleams with a 32% gain, and bond markets poised for stability
Move to address concerns by AMCs losing first-mover advantage due to public disclosure
Gold and silver ETFs from Nippon India Mutual Fund, the largest in the category, alone recorded a combined volume of Rs 228 crore