MF Weekly: Retail investors push equity mutual fund inflow to Rs 16,000 cr in October

Equity mutual funds registered an inflow of over Rs 16,000 crore in October, buoyed by strong participation from retail investors, latest data with industry body Amfi showed. This has taken the total inflow into such funds to over Rs 96,000 crore in the first seven months of the ongoing financial year. Inflows in April-October have already been robust.

» Read more

MF Weekly: Mutual funds garner Rs 5,900 cr in November through SIP | Mutual Fund weekly | IndiaNotes.com

Mutual  funds  garner  Rs  5,900  cr  in  November  through  SIP Retail investors are preferring systematic investment plan (SIP) option for investing in mutual funds, with the industry garnering around Rs 5,900 crore  through  the  route  in  November ,  an increase  of 52 per cent  from  the  year-ago  period. With  this,  the  total  money garnered by fund houses  through  SIPs  has  […]

» Read more

ICICI Pru MF’s Bharat 22 ETF saw redemption of over Rs 1,000 cr on first day of listing

On the very first day of listing of Bharat 22 ETF which was managed by ICICI Prudential Mutual Fund, the fund house witnessed redemptions worth Rs 1,256 crore, sources in the industry told Moneycontrol. When Moneycontrol contacted the fund house, the spokesperson confirmed that there were redemptions on the first day of listing but attributed the redemptions to profit-booking. On […]

» Read more

MF assets to hit Rs 100 lakh cr in next 10 years: Mahindra AMC

Indian mutual fund industry’s assets under management (AUM) are expected to touch Rs 100 lakh crore in the next 10 years on account of strong participation from retail investors, a top Mahindra AMC official said today. At present, the mutual fund industry has an asset base of Rs 22.36 lakh crore. “People want to make money and they have understood […]

» Read more

Bajaj Finance’s Q2 net profit rises 37% at Rs 557 cr; asset quality improves

Oct 16, 2017 02:20 PM IST | Source: Moneycontrol.com The net interest income (NII) was higher by over 41 percent at Rs 1,958 crore against Rs 1,385 crore year on year. Moneycontrol News NBFC major Bajaj Finance reported 37 percent rise in its September quarter net profit at Rs 557 crore against Rs 408 crore during the same period last […]

» Read more

MF Weekly: Mutual funds see Rs16600 cr outflow in June

Highlights: Mutual funds see Rs 16,600-cr outflow in June Investors pulled out nearly Rs 16,600 crore from various mutual fund schemes in June, making it the second consecutive monthly outflow, primarily due to huge redemption from income and liquid segments. In comparison, mutual funds saw an outflow of close to Rs 41,000 crore in May. Prior to that, Rs 1.51 […]

» Read more

MF Weekly: MF folios hit record 5.8 cr at June end on high retail push

Highlights: MF folios hit record 5.8 cr at June end on high retail push Showing a growing traction for mutual funds among investors, the number of folios has grown by over 93 lakh to an all time high of 5.82 crore at the end of June 2017, from the year-ago level, driven by strong participation from retail investors. According to […]

» Read more

AUM @ Rs 20 lakh cr! Top 20 stocks under largecap Rank 1 funds where big boys are betting

Mutual funds touched a historical landmark when assets under management (AUM) rose more than Rs20 lakh crore in the month of August for the first time ever. Retail investors which left Indian equity markets to post global financial crisis in 2008, are back on D-Street and this time it looks like they are in for long haul. The amount of […]

» Read more