Online mutual fund platforms are set to get a go-ahead to charge transaction fee
The number soared on the back of a post-Covid-19 market rally and the rise of retail participation
Yet net investments in active equity schemes slump 33% in same month, shows Amfi data
Market is building an earnings growth of 10-12 per cent for FY23, which seems achievable given the present earnings momentum and economic outlook, says Sanjay Chawla of Baroda BNP Paribas MF.
Share of 'against' votes on company resolutions has moved up slightly in FY22
Investors from B30 cities rely more on face-to-face communication with distributors and advisors compared to their T30 counterparts
Gross household investments in MFs have grown at a compound annual growth rate (CAGR) of 27.3 per cent over FY13-20
India's biggest broker is awaiting regulatory approval for an asset management company that will focus only on passive investing.
Assets under management with the mutual fund industry jumped a whopping 41 per cent in fiscal 2021 to Rs 31.43 trillion, despite a minor 1 per cent decline in March, says a report
Assets from B30 locations increased to Rs 4.61 trillion as of October-end from Rs 4.47 trillion at September-end, a 3 per cent growth.
Multi-cap funds saw the highest outflows among equity funds to the tune of Rs 1,903 crore
The category has been one of the better performing asset classes since last year
Equity market volatility, credit risk concerns impact sentiment
Experts say Sebi's move could also help in creating a market, where investors can get some access to liquidity even in stressed debt portfolios
Associated distributors have proved stickier during recent troubled times for MFs
According to market participants, the move will help in stalling mark-to-market impact on portfolios of debt schemes due to the cornavirus-related lockdown and provide relief on exposures to NBFCs
The 44-player industry logged an assets under management (AUM) of Rs 26.54 trillion at the end of December, compared with Rs 27.85 trillion by January-end, representing a growth of 5%
The 44-player industry logged an all-time high assets under management (AUM) of Rs 27.04 trillion at November-end, as compared to Rs 26.54 trillion by the end of last month
Data from MF tracker Value Research reveals the share of direct assets, up from 15 per cent to 40 per cent between FY13 and FY 17, had dropped to above 38 per cent