Investors rush to mutual funds; asset base grows over Rs 6 trillion
The investor count is also estimated to have risen by over 1.7 crore during the year.
Dec 25, 2017, 14:02 PM IST
MF investor base grows 19 lakh in Apr-May to record 5.72 crore
Mutual fund houses added close to 19 lakh investor accounts in April-May of 2017-18, taking the total tally to a record 5.72 crore, driven by growing interest from retail and HNI investors alike.
Jun 15, 2017, 14:36 PM IST
Equity MF inflows hit nearly 2-year high of Rs 10,790 crore in May
Equity mutual funds saw an inflow of Rs 10,790 crore in May, making it the highest in nearly two years, underpinned by investor optimism and steps taken by fund houses to create awareness about MFs.
Jun 08, 2017, 13:35 PM IST
MF investments in stocks hit 5-month high of Rs 10K crore in April
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.
May 07, 2017, 16:33 PM IST
Mutual fund investments in stocks at Rs 5,000 crore in April
Mutual fund managers have purchased stocks worth close to Rs 5,000 crore in this month so far on sustained participation by retail investors.
Apr 21, 2017, 21:18 PM IST
Mutual funds add over Rs 3.5 lakh crore to kitty in 2016
Mutual Fund industry has added more than Rs 3.5 lakh crore to its asset base in 2016 to reach Rs 17 lakh crore mark, primarily on account of growing interest from retail investors and aggressive buying of stocks.
Jan 03, 2017, 20:25 PM IST
MFs may disclose individual agent commission in A/c statements
After capping agent commission, mutual fund industry body and front-line regulator AMFI may now ask the fund houses to disclose the individual distributor commission in the account statements sent to investors.
Jan 18, 2016, 15:11 PM IST
New fund offers hit a speed bump, Apr-Sept sees only 340 offerings
New fund offers (NFOs) seem to be moving in a low gear as fund houses have launched only 340 new schemes in April-September of 2015 following Sebi's direction to rationalise and consolidate offerings with similar goals.
Nov 25, 2015, 14:48 PM IST
UTI Mutual Fund looking to cross Rs 1.1 trillion mark by fiscal-end
After having joined the Rs 1 trillion club of fund houses, the Unit Trust of India Mutual Fund (UTI MF) is now looking to cross the mark of Rs 1.1 trillion by the fiscal-end.
Sep 03, 2015, 21:30 PM IST
MFs try out 'mystery shoppers' to keep lid on mis-selling
To check mis-selling of mutual funds and ensure compliance with norms, fund houses have begun using 'mystery shoppers' to catch errant agents and also to get feedback from investors.
Jun 28, 2015, 13:07 PM IST
Mutual fund asset base grows 10% to Rs 11.86 lakh crore
Mutual fund (MF) industry's asset base has grown around 10 percent to Rs 11.86 lakh crore at the end of April from March, primarily driven by huge inflows in equity schemes and money market segment.
May 07, 2015, 15:56 PM IST
Mutual funds line up retirement plans
Besides, Reliance Capital Asset Management Company, in December last year, had got the government's approval for first-ever equity-oriented pension scheme, giving tax benefits to investors.
Apr 13, 2015, 16:30 PM IST
MF exposure to bank stocks drops to Rs 73,000 crore in March
Mutual fund (MF) managers dropped their exposure in bank stocks to over Rs 73,000 crore in March after raising it for six consecutive months.
Apr 09, 2015, 16:16 PM IST
Mutual Funds reach Rs 11-trillion mark; add Rs 3-trillion in 2014
Fighting all adversities and a tougher regulatory regime, mutual funds are headed for a cash-rich 2014 with an estimated addition of about Rs three lakh crore to its asset base to become a Rs 11-trillion market.
Dec 25, 2014, 16:26 PM IST
Mutual fund folio count rises by 3.5 lakh in FY'15 so far
Driven by addition in equity fund folios, mutual fund houses have registered a rise of over 3.5 lakh investor accounts in the first eight months of the ongoing 2014-15 fiscal.
Dec 05, 2014, 16:45 PM IST
HDFC, ICICI, Prudential among top 3 fund houses, says report
Top three positions continue to be captured by the same three fund houses namely HDFC, ICICI Prudential Asset Management Company and Franklin Templeton during the past three years, according to the third Annual Wealth Forum Advisor Confidence Survey report.
Aug 19, 2014, 20:31 PM IST
