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
Their share in India's market hits fresh record high