SIP contributions hit Rs 26K crore for first time
If interest rates decline, the bond component of these portfolios could generate capital gains. Conversely, rising interest rates may cause short-term losses
Inflows into equity mutual funds rose to Rs 41,156 crore ($4.8 billion) last month compared to Rs 35,943 crore in November 2024
The other new launches include Mirae Asset Smallcap Fund, Bandhan Nifty Alpha Low Volatility 30 Index Fund, Kotak Nifty Smallcap 250 Index Fund and UTI Quant Fund.
Passive MF schemes, especially those tracking the Nifty 50 and Sensex, will need to offload their holdings in ITC Hotels as the stock will be excluded from these indices
Angel One, Unifi set to launch first fund this year; four more likely to secure licence this year
These midcap stocks that have earned an upgrade include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India and Info Edge
39% home stretch boost powers AUM to Rs 68.6 trillion
Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65 per cent of the total additions to equity funds over the past two years
MFs have the largest institutional buyers in the equity market in two of the last three years - 2022 and 2024. In 2023, they were only slightly behind foreign institutional investors (FIIs)
ITI Asset Management Limited has appointed Jatinder Pal Singh as its chief executive officer
For indices that serve as primary benchmarks for active schemes, the AUM of these active schemes will also be included
The framework is designed to encourage new entrants, promote innovation, and foster investment diversification in the mutual fund industry
The passive-only fund house to leverage both online, traditional channels
The inflows lifted the industry's assets under management (AUM), reaching an all-time high
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