Mutual funds add 68 lakh folios in 2019
As per Sebi, the number of folios with 44 fund houses rose to 8.71 crore at the end of December 2019 from 8.03 crore at the end of December 2018
AUM does not reduce much when gold prices come down: George Alexander, Muthoot Finance
Gold loan business continues to be one of the best len...
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 sign...
Growth in mutual funds' equity assets far outpaces the rise in benchmarks
AUM of domestic mutual funds grew annually by 19% to Rs 26.9 lakh crore between 2013 and 2019. Mutual fund AUM constituted 10% of total bank deposits in 2013, increasing to around 18% now.
Focused mutual funds gain big in December, AUM jumps manifolds
The focused fund category offered an average return of Rs 12.34% in one year, which is more than all other equity mutual fund categories, except the sector funds.
Mutual Funds' asset base slips 2% in Dec on sell-off from debt schemes
The 44-player industry logged an all-time high assets under management (AUM) of Rs 27.04 lakh crore at November-end.
Mutual funds clock highest ever monthly SIP collection in December
The average assets under management for the industry stood at their lifetime high of Rs 26.94 lakh crore as on December 31, 2019.
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.
Investors bet big on SIPs in new year, say mutual fund advisors
"Our clients have been asking us to remind them to start new SIPs in the new year. Those who were already investing want us to remind them to top-up their SIP allocation,” says Ankita Tanna Narsey, Founder, Oaktree Financial Advisors
New PMS guidelines: 5 key changes you should know
Appointment of a custodian will be mandatory for all portfolio managers except for those providing only advisory services to clients.
Passive is the way to get ‘active’ returns
The combined inflow in the equity schemes was Rs 48,891 crore between April and November 2019.
Muthoot Fincorp expects 15-17 per cent growth in assets under management for FY20
We disbursed close to Rs 27,000 crore last fiscal with over 90 per cent towards gold loan," COO Muthoot Fincorp Limited, Vasudevan Ramaswami said in a press conference. Presently, Muthoot Fincorp has over 3,600 branches in India, with seventy percent in southern markets.
Sebi hikes PMS investment size to Rs 50 lakh, tightens default disclosure norms
Base net worth of portfolio managers has also been raised to Rs 5 crore from Rs 2 crore.
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.
Pension, sovereign funds bring in more ‘sticky’ money
FPIs’ total AUM at $428b accounts for nearly one-fifth of the total m-cap of Indian equities.
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