SBI MF lays out plan for Rs 1 lakh cr AUM by Sept quarter
SBI MF, a joint venture between SBI and French major Amundi, is the sixth-largest fund house with an AUM of Rs 86,000 crore as of the June quarter and is all set to cross the Rs 1 lakh crore mark by the September quarter.
Jul 10, 2015, 19:42 PM IST
Edelweiss MF's AUM crosses Rs 1,000 crore
Edelweiss Mutual Fund Wednesday said its assets under management crossed Rs 1,000 crore as of April 16, a rise of Rs 193 crore from year-ago period, driven by the rally in the equities market where the fund has 93 percent of its exposure.
Apr 22, 2015, 21:25 PM IST
Mutual funds near Rs 12 lakh cr mark in FY15; add Rs 3 lakh cr
Fund houses are upbeat about the industry's performance for the current fiscal (2015-16) as equity markets are expected to continue their momentum, making the segment attractive, industry insiders said.
Apr 02, 2015, 16:02 PM IST
MF exposure to bank stocks hits a high of Rs 78,000 crore in Feb
Continuing their bullish stance on banking stocks, mutual fund managers raised exposure to the sector to a historic high of nearly Rs 78,000 crore in February.
Mar 24, 2015, 14:23 PM IST
MF investments in software stocks surge to Rs 35,000 crore in Jan
Continuing with the bullish stance on software stocks, mutual fund managers raised their exposure in the sector to a historic high of over Rs 35,000 crore in January this year.
Feb 19, 2015, 15:06 PM IST
Mutual fund asset base at record high of Rs 11 lakh cr in Oct
The mutual fund industry's assets under management (AUM) climbed to record high of nearly Rs 11 lakh crore in October on the back of strong capital inflows and surge in equity markets.
Nov 10, 2014, 18:10 PM IST
MFs' assets jump over 7% to new high of Rs 10.6 tln in Q2
The Mutual fund industry's total assets under management (excluding fund of funds) rose 7.24 percent to a new record high of Rs 10.59 trillion in the September quarter, boosted by a surge in equity plans and gains in short-term debt schemes.
Oct 07, 2014, 23:40 PM IST
MFs exposure to bank stocks hits record high of Rs 56.6K cr
Mutual fund (MF) managers raised their exposure in bank stocks to all-time high of over Rs 56,600 crore in August, making it the seventh consecutive monthly rise in capital infusion.
Sep 11, 2014, 15:24 PM IST
MF assets rise by Rs 6,300 crore to Rs 10.12 lakh crore in August
The asset base of mutual fund industry rose by more than Rs 6,300 crore to Rs 10.12 lakh crore in August boosted by inflows in equity funds.
Sep 08, 2014, 16:16 PM IST
AUMs jump over 9% to Rs 81,957 crore in June quarter: Crisil
The average assets under management (AUMs) of the mutual fund industry rose by 9.05 percent or by Rs 81,957 crore to touch Rs 9.87 trillion (Rs 9.87 lakh crore) in the June quarter, according to the data released by Crisil, quoting the industry body Association of Mutual Funds (AMFI).
Jul 03, 2014, 21:25 PM IST
MF asset base may rise to Rs 20 trillion in next 4-5 yrs: AMFI
Industry body AMFI says total asset base of mutual funds could reach Rs 20 trillion in the next 4-5 years from about Rs 9.85 trillion currently.
Jul 03, 2014, 13:11 PM IST
Mutual Funds' exposure to IT stocks hit 9-months low in May
Fund managers' exposure to the software space has dropped to the lowest level in nine months to Rs 22,986 crore at the end of May, amid weakness in the sector.
Jun 30, 2014, 15:11 PM IST
Mutual funds eye more retail investor participation: AMFI
Having crossed the Rs 10-trillion mark in AUMs for the first time last month, mutual funds are striving hard to see further rise in participation from retail investors, apex industry body AMFI said Thursday.
Jun 26, 2014, 23:17 PM IST
