The petitioner, a chartered accountant, has alleged that Amfi is 'recklessly propagating that mutual funds are right without any basis or rationale'
If you need money for an emergency, your goal is near, or with advancing age you prefer a lower allocation to equities, consider redeeming
Places beyond top 30 cities become a major source of business
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
This period of growth came after the 2017 reclassification of active equity schemes - a reform that made it easier for investors to identify the top performers across scheme categories
Quality investing focuses on stocks with strong fundamentals, like high return on equity and low leverage
Investment strategy based on specific characteristics has become popular among fund houses and investors
Compared to a 6.5 per cent fall in the Nifty 50 during the October-November period, the Nifty IT index rose 2.9 per cent, and the Nifty Bank index declined 1.7 per cent
A folio is considered inactive when no investor has initiated any transaction in the last 10 years but the unit balance is available
FPIs have shown renewed interest in primary issuances in 2024, even as they have withdrawn significant sums from the secondary market
New product poses a threat to the PMS industry by combining the advantages of both PMS and MF. Most PMS providers will apply for MF licences to offer new product
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
The schemes aim to provide investors with an opportunity to potentially participate in the evolving consumption landscape of India, driven by changing demographics and rising discretionary spending
This revised timelines for cancellation of SIPs has come into effect from December 1, 2024
Joseph's appointment is among the first in the key positions of the AMC. The company is yet to announce a chief executive officer (CEO)
Experts attribute the decline to festive holidays, wedding season
State Bank of India chairman C S Setty on Wednesday called for active participation by mutual funds and pension funds in the corporate bond market. "I am sure that a lot of corporates would like to issue bonds. I believe that if household/corporate savings are finding ways into these three investment categories, it is important that insurance and mutual funds also actively participate in the corporate bond market. I don't see that kind of participation actively coming in," Setty said. He said the pension/ mutual funds are making investments in AAA-rated bonds and this is not going to help deepen the corporate bond market. Setty said the corporate bond market has to come into financing of infrastructure as well as balance sheet funding of corporates. He said the investments are happening not only in equity but also in mutual funds, pension funds and insurance funds. "We have been debating on depth of the corporate bond market for many years. We could not achieve that depth," Setty
Slowed by declines in lump sum investments and new fund offering performance
Equity mutual funds witnessed an inflow of Rs 35,943 crore in November, marking a drop of 14 per cent on a month-on-month basis, amid heightened volatility driven by various macroeconomic factors, geopolitical events and US election results. Despite this, it marked the 45th consecutive month of net inflows into equity-oriented funds, reflecting the growing popularity of mutual funds among investors, according to data from the Association of Mutual Funds in India (AMFI) released on Tuesday. "There was heightened volatility due to various macroeconomic factors, geopolitical events & US election results. This resulted in investors opting for wait & watch approach while allocating larger amounts and thus decline in lumpsum flows including flattish SIP numbers for November 2024," Akhil Chaturvedi, CBO, Motilal Oswal AMC, said. 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. Despite the .
ICICI Prudential Nifty 500 Index Fund is an open-ended index scheme replicating Nifty 500 Index