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Latest News:

Sundaram Mutual Fund

NFO Watch: Sundaram MF seeks SEBI nod for close-ended equity fund

Mumbai: Sundaram Mutual Fund has sought the Securities and Exchange Board of India's approval for Sundaram Turnaround Fund, - Series I-II, according to a draft offer document on the regulator's website.

The close-ended equity scheme will invest at le... Read More

mutual fund , increase, mutual fund, equity

Equity MF inflows hit 4-month high of Rs 9,429 cr in April

New Delhi: Equity mutual funds witnessed an inflow of Rs 9,429 crore in April, the highest in four months, due to participation from retail investors and steps taken by fund houses to create awareness about MFs.

This also marks the 13th straight mont... Read More

Mutual Funds, Investments, IT Stocks

Mutual funds’ asset base jumps to all-time high of 19.3 lakh cr in April

New Delhi: Mutual fund (MF) industry’s asset base has crossed the Rs. 19 lakh crore mark in April on the back of fresh inflows in equity, debt and money market segments.

The assets under management (AUM) of the MF industry, comprising 42 players, r... Read More

stock sell

Mutual Fund investments in stocks hit 5-month high of Rs. 10,000 cr in April

New Delhi: Mutual fund managers net purchased stocks worth close to Rs. 10,000 crore in April, making it the highest investment in five months, on sustained participation by retail investors.

This comes on the top of over Rs... Read More

Mutual Funds, KYC details, New investors

MFs’ exposure to bank stocks at record Rs 1.26 lakh cr

Mumbai: Mutual fund managers continued to be bullish on bank shares, with their allocation to the sector reaching an all time-high of over Rs 1.26 lakh crore at the end of March, mainly due to cheaper valuations.

In comparison, fund managers' investm... Read More

Mutual Funds

MFs invest ₹5,000 cr in April

New Delhi: Mutual fund managers have purchased stocks worth ₹4,895 crore in this month so far on sustained participation by retail investors, according to SEBI data... Read More

mutual fund , increase, mutual fund, equity

Equity MFs log Rs. 70,367 cr inflow in 2016-17

New Delhi: Investors pumped in more than Rs. 70,000 crore in equity-oriented mutual fund schemes in 2016-17, making it the third successive year of net inflows.

The strong inflows have pushed the asset base of equity MFs by 41 per cent during the per... Read More

elder man

UTI launches Mutual Fund plan for the elderly

Mumbai: Country's sixth largest fund house UTI Mutual Fund is aiming to double its assets under management (AUM) for each of its two existing schemes through a new facility called UTI Family... Read More

Mutual Funds

MF assets soar 42% to Rs. 17.5 lakh cr in FY17

Mumbai: The assets under management (AUM) of the mutual fund (MF) industry saw an exceptional growth of 42 per cent at Rs. 17.5 lakh crore in fiscal 2017 from Rs. 12.3 lakh crore a year ago.

The quarterly average assets under management also register... Read More

Mutual Funds

Mutual Funds see record Rs. 3.43 lakh cr inflow in FY’17

New Delhi: Investors pumped in a record Rs. 3.43 lakh crore in mutual funds (MFs) in 2016-17, mainly into income and liquid schemes.

According to the Association of Mutual Funds in India (Amfi) data, a net of Rs... Read More