'Equity AUM rises 21% to Rs 7 lakh crore on rebound in markets, SIP inflow'
The asset base of equity mutual funds surged 21 per cent to over Rs 7 lakh crore during the June 2020 quarter, primarily on account of rebound in markets and backed by strong SIP inflows, a Morningstar India report said on Thursday.
Mutual funds’ average AUM falls 8.9% in April-June, Franklin worst hit
The average AUM of the industry declined from Rs 27,03,675 crore durin...
MFs’ average AUM falls 8.9 per cent in April-June, Franklin worst hit
Franklin Templeton was worst hit, accounting for over 15% of this Rs 2....
Mutual funds add Rs 3.15 lakh crore to asset base in 2019
The Assets Under Management growth seen by the mutual fund industry in 2019 is significantly higher than 7.5% growth witnessed in 2018.
Mutual fund industry folio count rises 9% in FY20 on robust performance
Industry experts said addition of folios indicates investors' maturity and understanding about market risks associated with the mutual fund schemes.
Private market AUM grew by 10% to $6.5 trillion in 2019: Report
PE grew 12.2 per cent to $3.9 trillion, about 60 per cent of the total, the report said.
Net inflows in equities plummet to 4-year low, SIP contribution tanks below Rs 8,000 crore
Net inflows in equities plunged 94% month-on-month in June, according to report released on Tuesday by Motilal Oswal Institutional Equities.
AMFI reassures debt mutual fund investors about credit quality of debt funds
AMFI strongly recommends that investors continue to focus on their investment goals, consult their financial advisor and not get side-tracked by an isolated event in a few schemes of one fund company.
AUM share of 'sticky' long term funds improves
The AUM of sticky funds rose by 15% to Rs 5.6 lakh crore ($ 74.6 billion) in the two months to May.
Franklin’s six shut debt schemes receive cash flows of Rs 2,667 crore
The money received is on account of maturities, principal repayments and prepayments.
Waterfield expects $5 billion AUM in 2 years; launches global platform with Zephyr
The new platform will allow investors access to a diverse class of products across the world in public and private markets, both the companies said.
Mutual funds garner over Rs 49,000 crore in April-September
Inflows into SIPs have averaged about Rs 8,000 crore for the 12 months till September this year.
Mutual fund AUM rises 4% to Rs 25.47 lakh crore in August
In the first five months of FY20, the industry's asset base increased by Rs 1.68 lakh crore, Care Ratings said in its report.
SIP inflows hit due to shrinking disposable income, job loss fears
The total SIP book dropped to Rs 8,123 crore in May, the lowest in the 11 months. It fell by nearly 3% sequentially for the second month in row.
PPFAS mutual fund AUM crosses Rs 2,700 crore
Parikh said the flagship long-term equity fund scheme has an AUM of Rs 2,300 crore, and invests in both domestic and foreign equities.