Page 3 - Association Of Mutual Funds In India

Sebi may tweak norms to allow more flexibility to equity fund managers

In October 2017, Sebi came out with the scheme classification norms to ensure that mutual fund schemes make investments in-line with their stated scheme mandate

Mutual Fund folio influx hits 3-month high in Oct; 600,000 accounts added

Industry experts said the addition of folios indicates investors' understanding about market risks associated in the mutual fund schemes

Mutual fund AUM rises 7.4% to Rs 26.33 trn in October on high equity inflow

Fund managers attributed growth in the asset base to higher retail participation and robust inflows in equity schemes and liquid funds

Asset allocation schemes yet to gain traction among mutual fund investors

According to data from Association of Mutual Funds in India (Amfi), asset allocation categories have seen net outflows of Rs 6,714 crore in the current financial year

Lack of understanding, mis-selling keep investors away from hybrid funds

Experts say lack of investor understanding and cases of mis-selling have impacted sentiment

Street signs: ITDC shares, delivery-based volumes on the rise, and more

Shares of India Tourism Development Corporation (ITDC) have zoomed 50 per cent in the past four trading sessions

Mutual fund penetration poor in most states; way below global average

Many have mutual fund assets which are less than 2% of economic output

MF investment universe witnesses sizeable churn due to corporate defaults

Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced, shows the latest data from the Association of Mutual Funds in India

Amfi issues guidelines for cyber security and privacy of user data

Markets regulator Securities and Exchange Board of India (Sebi) had in the past directed the players to follow the 'best practices' guidelines laid down by Amfi