Page 2 - Solution Oriented Schemes News Today

Most of the mutual fund inflows were seen in equity funds. With ₹16,997 crore added to equity mutual funds in December, total inflows into equity schemes touched a whopping ₹1,61,573 crore during the calendar year 2023.

“It is very heartening to see that Indian retail investors continue to invest in the equity markets via the Mutual Fund route, especially through SIP mode. The record SIP contribution of Rs 15,813.54 crores is a testimony of the Indian Investors long term approach to building wealth by investing through small ticket sized SIPs,” said NS Venkatesh, CEO, Association of Mutual Funds in India (AMFI).

Life Insurance Corporation of India (LIC), Kotak Mahindra Bank, Indian Oil Corporation, Hero MotoCorp, Hindustan Aeronautics were the most sold

Mumbai: Mutual Fund Industry Net AUM stood at Rs 39,42,031 crores, while AAUM was Rs 40,04,638 crores in March 2023, showed AMFI Mutual Fund Industry data.

In 2021, Zerodha received in-principal approval from the Securities and Exchange Board of India (Sebi) on its mutual fund application.

The systematic investment plans (SIP) of Indian mutual funds gathered Rs 13,573.08 crore from investors, up from Rs 13,306.49 crore invested in November 2022, the Association of Mutual Funds in India (AMFI) said on Tuesday.Last month's SIP ...

Last month's SIP contribution was much higher than Rs 11,305.34 crore that was invested in December 2021.

The Indian mutual fund space has witnessed an expansion amid the Covid-19 pandemic. Top fund houses have registered growth in the range of 8-16 per cent this year in their assets under management (AUM). Indian Mutual Funds market AUM has recently crossed over Rs 36 lakh crore. Average Assets Under Management (AAUM) of the Indian Mutual Fund Industry for the month of August 2021 stood at Rs 36,09,471 crore. Assets Under Management (AUM) of the Indian Mutual Fund Industry as on August 31, 2021