Indian Mutual Fund Industry Set To Cross 50 Million Unique Investors
The systematic investment plans (SIPs) reached fresh highs as monthly contributions via SIPs hit Rs 23,547 crore in August, against Rs 23,332 crore in the previous month.
Mutual fund investor base to break 50 million barrier in September
Mutual Funds - Cafemutual is a complete guide on mutual fund business giving you all the mutual fund news, mutual fund analysis in India. At Cafemutual you will get mutual fund news with a focus on mutual fund advisors,
Axis Mutual Fund to change these seven scheme names from Sept 30
Axis Mutual Fund has announced name changes for several of its schemes. The move follows Securities Exchange Board of India's (SEBI's) directive to streamline and standardise the naming conventions of mutual funds.
Best gilt mutual funds to invest in September 2024
If you want to benefit from a likely fall in interest rates, you may take a close look at gilt mutual funds. However, be forewarned: gilt funds are risky and they are extremely sensitive to changes or likely changes in the interest rate scenario.
Mutual fund industry to cross 50 million investor mark in September
The mutual fund (MF) investor base is poised to surpass the 50-million unique investor milestone in September, with net additions exceeding 10 million in just 12 months amid sustained buoyancy in the equity market and a rush of new fund offerings (NFOs).
Mutual fund assets spike 40% in a year on equity-oriented schemes, higher retail participation: AMFI data
The assets managed by the mutual fund industry increased by 40.70 per cent from ₹46.94 lakh crore in August 2023 to ₹66.04 ...
12b-1: Understanding Mutual Fund Fees
A mutual fund charges its investors a 12b-1 fee to pay for marketing and promotion expenses. According to a discussion of 12b ...
The Bond Buyer22h
ETF popularity prompts mutual fund conversions
"Active ETFs are becoming an integral part of investor portfolios around the world, with financial advisors increasingly ...
Bulk Deals: Mirae Asset Mutual Fund 30.22 shares in Cartrade Tech
Mirae Asset Mutual Fund bought 30.22 lakh shares in Cartrade Tech at an average price of Rs 920 via a bulk deal on September ...
CNN23h
The best money market mutual funds September 2024
Repurchase agreements are somewhat complicated arrangements between two entities that provide liquidity for money market mutual funds. Charles Schwab investors in need of a highly liquid fund with ...
The Financial Express4d
SBI Mutual Fund’s top 5 schemes with up to 40% annualised returns in 5 years | Rs 10K SIP grows to Rs 16 lakh
SBI Mutual Fund is India’s largest bank-backed mutual fund with an asset under management of nearly Rs 9 lakh crore. The ...
India Infoline1d
Best mutual fund categories by risk adjusted returns
A risk adjusted return approach offers a more balanced view of the top performers; not distorted by risk differentials ...
Outlook Business4d
LIC Mutual Fund launches new scheme
The new fund offer (NFO) will remain open for subscription till October 4 while the units under the scheme would be allotted ...
The Financial Express6h
Baroda BNP Paribas Mutual Fund launches scheme to tap into power of momentum investing – Should you invest?
The fund will track the NIFTY 200 Momentum 30 Index by investing in a portfolio of 30 companies that are part of NIFTY 200 ...
Zacks.com on MSN5h
Is American Funds New Perspective A (ANWPX) a Strong Mutual Fund Pick Right Now?
Any investors hoping to find a Global - Equity fund might consider looking past American Funds New Perspective A (ANWPX). ANWPX possesses a Zacks Mutual Fund Rank of 4 (Sell), which is based on ...