Committed to follow Sebi's new norms on multi cap MF schemes: Amfi
On Sunday, Sebi said that mutual funds have many options to meet with the requirements pertaining to new asset allocation framework for multi-cap schemes.
Amfi signs 4 more cricket players for 'mutual funds sahi hai' campaign
This would be in addition to the earlier announced association with cr...
BSE StAR MF logs net equity inflow of Rs 667 crore in August
Mutual funds distributor platform BSE StAR MF registered a net inflow of Rs 667 ...
MF industry instrumental in channelising retail savings into capital mkts in a big way: Amfi
Amfi was incorporated in August 1995, when there were around 15 member AMCs. The industry body now has 44 members with assets under management of over Rs 27 lakh crore
Sebi modifies mutual fund portfolio segregation norms amid COVID-19
Markets regulator Sebi on Wednesday modified norms pertaining to segregation of portfolio in mutual funds by asset management companies amid the coronavirus pandemic.
Mutual funds’ cash holding lowest since January this year
The recent data from Association of Mutual Funds of India (AMFI) shows that cash holding in the portfolio of top 20 mutual fund houses by Asset Under Management (AUM) is lowest since January this year.
Equity fund inflows fell sharply in June, shows Amfi data
Economic disruptions caused by the Covid pandemic seem to have started impacting the mutual fund industry. Extended lockdowns, job loss and pay cuts have adversely impacted the inflows into various mutual fund categories, shows data from Association o mutual funds in India or Amfi.
Mutual funds log Rs 1.24 lakh crore inflows in June quarter
Investors pumped in Rs 1.24 lakh crore into various mutual fund schemes in three months ended June 2020, with liquid and arbitrage segments contributing the most to the inflow.
Mutual fund investment via SIP rises to over Rs 50,000 cr in H1 2020
Harsh Jain, co-founder of Groww, said that Indian SIP investors are showing immense resilience amidst the ups and downs in market.
Axis, ICICI Pru and Mirae Asset mutual fund add maximum folios in FY 19-20
The mutual fund industry added over 68 lakh folios in FY 2019-20, according to data by Association of Mutual Funds in India. Topping the charts were- Axis Mutual Fund, ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund.
Franklin India Low Duration Fund, Credit Risk Fund turn cash positive
In a note released by Franklin Templeton Mutual Fund, Sanjay Sapre, President, FTAMC, said two shut schemes of the fund house - Low Duration Fund and Credit Risk Fund - have turned cash positive.
BSE StAR MF contributes Rs 1,882 cr as net equity inflow in June
Mutual funds distributor platform BSE StAR MF contributed Rs 1,882 crore as net equity inflow in June, while the industry witnessed a net infusion of Rs 240 crore.
SIP inflows fall below Rs 8,000-crore levels for first time in 18 months
Net inflows into equity mutual funds, which were at Rs 5,256 crore in May, crashed further to Rs 240.55 crore in June, a plunge of over 95 p...
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 during the January-March quarter to Rs 24,62,769 crore.
Equity mutual fund inflows fall for the second month in May
However, the overall mutual fund industry witnessed a net inflow of Rs 70,813.4 crore, compared to an inflow of Rs 45,999.5 crore in the previous month.