Mutual Funds' asset base drops 1.15% to Rs 19 lakh crore
The mutual fund (MF) industry's asset base declined marginally by 1.15 percent to Rs 19.03 lakh crore at the end of May, mainly due to outflow from money market segments.
Jun 07, 2017, 17:24 PM IST
MF industry assets grow 35% to record Rs 18.3 lakh crore in FY17
The asset base of mutual fund industry in India surged 35 percent to all-time high of Rs 18.3 lakh crore in 2016-17, driven by growing participation from retail investors.
Apr 05, 2017, 17:33 PM IST
East lagging in MF investments: SEBI official
The 12-odd states located in the eastern region were lagging in terms of mutual fund (MF) investments as compared to other parts of the country, a SEBI official said.
Feb 18, 2017, 14:03 PM IST
Mutual Funds add Rs 4-trillion to kitty in 2016, eyes Rs 20-trillion mark in 2017
Helped by growing interest from retail investors and aggressive buying of stocks, mutual fund industry grew at a rapid pace in 2016 with addition of almost Rs 4 lakh crore, or 28 percent, to its asset base and is looking to cross Rs 20-trillion mark in the new year.
Dec 20, 2016, 13:50 PM IST
MF investment in equity markets at Rs 70,000 cr in 2015
Mutual fund houses continued to be bullish on the equity markets in 2015 and purchased shares worth a staggering over Rs 70,000 crore, primarily on account of strong participation from retail investors.
Dec 27, 2015, 11:56 AM IST
Foreign firms cash out as mutual funds near Rs 15-lakh cr mark
The performance stands out even better when seen in the context of the equities market not performing so well.
Dec 21, 2015, 13:40 PM IST
New norms soon to boost MF sales: Sinha
Markets regulator Sebi will soon issue norms allowing e-commerce platforms to sell mutual fund products, among other measures, to boost the MF industry.
Oct 27, 2015, 17:01 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
Sebi looking into concerns over commission cap in MF industry
Mutual fund industry's apex body AMFI's decision to implement the cap on upfront commission from April has created a rift among large mutual fund (MF) houses and small players.
Mar 29, 2015, 12:20 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
Franklin eyes doubling its AUM to Rs 1,20,000 crore in 5 years
The company is currently ranked seventh in terms of AUM.
Mar 18, 2015, 12:11 PM IST
MF industry may see several mergers of schemes in coming weeks
The mutual fund industry may witness several mergers of schemes in coming weeks after the Budget proposed an exemption from capital gains tax in case of amalgamation of funds with similar features.
Mar 03, 2015, 14:39 PM IST
Mutual fund industry seeks tax sops in budget
The country's mutual fund industry is seeking tax sops from the forthcoming Union Budget.
Feb 18, 2015, 22:40 PM IST
MF exposure to banking stocks surges to Rs 76,000 crore in January
Continuing with their bullish stance on banking stocks, mutual fund managers raised exposure to the sector to a historic high of over Rs 76,000 crore in January.
Feb 11, 2015, 14:44 PM IST
MF exposure to bank stocks surges to Rs 70,000 cr in Nov
MFs collect funds from various investors for investing in securities such as stocks, bonds, money market instruments and similar assets.
Dec 21, 2014, 11:06 AM IST
MFs' exposure to bank stocks surges to Rs 63,000 cr in Oct
Mutual fund managers raised their exposure in bank stocks to an all-time high of nearly Rs 63,000 crore in October this year amid a rally in the stock market.
Nov 12, 2014, 14:22 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 exposure to bank stocks hit record-high of Rs 55K cr in July
At current levels, the MF industry has the highest exposure to banking sector since August 2009.
Aug 12, 2014, 14:48 PM IST
Mutual fund distributors' commission rises by 9% in FY'14
According to latest data available with Association of Mutual Funds in India (AMFI), the total income earned by 329 distributors stood at Rs 2,572 crore.
Jul 17, 2014, 15:03 PM IST
