Page 2 - Mutual Funds Assets

Be watchful of expense ratio you pay if your fund manager can't outperform

Coughing up a high expense ratio year after year makes no sense if your fund manager is unable to outperform

Mutual funds' asset base rises slightly to Rs 22.23 trillion by October-end

Mutual funds' asset base rose to Rs 22.23 lakh crore by October-end, a slight increase of 1 per cent from the preceding month, as the industry showed resilience despite the recent market events like IL&FS default. According to Amfi data, the asset under management (AUM) of the industry, comprising 42 players, was Rs 22.04 lakh crore at the end of September. The total asset base of all the fund houses put together was Rs 21.41 lakh crore in October last year. "The industry showed resilience despite recent market events and the ensuing volatility in both debt and equity segments," Association of Mutual Funds in India (Amfi) Chief Executive NS Venkatesh said. He further said that retail inflows showed a healthy improvement of almost 30 per cent over the last month. Besides, systematic investment plans (SIPs) continued to show an upward trend with contribution of Rs 7,985 crore last month as against Rs 7,727 crore in September. Overall, the industry has witnessed an inflow of Rs ...

Mutual Funds' asset base touches all-time high of Rs 25 trn in August-end

The monthly rise in the asset base is mainly due to the industry body's investor awareness campaign and strong participation from retail investors, says Amfi chief executive N S Venkatesh

Mutual funds assets to touch Rs 100 trn in next 10 years: Mahindra AMC

The industry has been running a very ambitious investor awareness campaign, 'mutual fund sahi hai'

Mutual Fund assets now a fifth of banking system deposits

With savings bank deposit rates falling, MF assets will continue to grow at a healthier pace

41% surge in small town inflows pushes MF assets 30% to Rs 20 lakh cr

Better balance of equity, non-equity assets at 5:4 in B15 locations compared to 1:2 in T15 cities