Currently with 149 schemes, the sectoral/thematic category has the highest number, followed by 42 schemes in the ELSS category and 38 schemes in the flexi-cap category
There were 13 companies in which the trinity of promoters, FIIs and DIIs all increased their stake during the quarter
Direct plan distributors added 12.4 million SIP accounts in 2023, 39% more than in 2022
"The category which saw the highest uptick in its flows in percentage terms was the value/contra category which received net flows of Rs 1,251.8 crore in November 2023, up from Rs 415.06 crore in Oct
In contrast, the largecap category has witnessed net outflows of Rs 2,894 crore in this period
Mutual funds' average holding in Smallcap 250 Index companies peaks at 9.26%
According to data from the AMFI, as of December 6, 2023, the average one-year returns for 23 small-cap funds stood at 32.68 per cent
Arbitrage funds are gaining popularity presumably as investors turned to Arbitrage funds as a more tax-efficient substitute to Liquid funds.
Inflows in equity mutual funds surged 42 per cent month-on-month to Rs 19,957 crore in October driven by investors' preference for small-cap funds. This was way higher than Rs 14,091 crore inflow seen in the category in September. Before this, inflow was at Rs 20,245 crore in August, according to the data from the Association of Mutual Funds in India (AMFI) released on Thursday. The flow in October also marks the 32nd consecutive month of net inflows. All the categories experienced inflow in equity segments. The category was aided by fund collection to the tune of Rs 4,495 crore in small-cap funds, followed by Rs 3,896 crore in thematic funds. Apart from equities, debt-oriented schemes witnessed a net inflow of Rs 42,634 crore in October after withdrawing funds in the past two months. The segment had witnessed a net outflow of Rs 1.01 lakh crore in September and Rs 25,873 crore in August. Overall, the 44-player mutual fund industry has witnessed an inflow of Rs 80,528 crore in the
examine its performance history, including one-year, three-year, and five-year performance, to gauge its consistency compared to the benchmark.
HDFC Asset Management Company ( AMC) has consistently ranked in the top 10 in fund performance over the last year. The company's mid-cap scheme ranked first in performance across 26 schemes in Augus
Mutual funds have an inherent advantage when it comes to investing as they offer a variety of products depending on the preferences of the investors
Stocks that witnessed the maximum decline in MoM value were SBI, ICICI Bank, HDFC Bank, Reliance Industries, ITC, Cummins India, TCS, Kotak Mahindra Bank, Bajaj Finance, and Ashok Leyland.
The increased interest is no surprise, given the number of investors. Despite lower growth rates than before, the total number of investor accounts is nearing 150 million
Aggressive hybrid funds are those that invest maximum 65-80 percent in equities and the rest in debt, whereas Multi Asset Funds allocate their corpus across equity, debt, commodities, REITs
Active funds exclude ETFs, arbitrage and index funds.
This marks a reduction from the previous mandatory provision, where AMCs were required to offer investors a 30-day period to exit without incurring an exit load
Before you start investing, it is essential to cover the basics, i.e., emergency fund, term life insurance, and health insurance.
The test is conducted to evaluate the effect of various risk factors such as rate risk, credit risk, liquidity risk, and redemption risk
Schemes see strong inflows for two-consecutive months as yields surge, interest rate risks fade