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- May 20th, 2024
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[ad_1] SBI Mutual Fund expects to mop up â¹5,000 crore through its seventh thematic new fund offer (NFO) on Automotive Opportunities, which will be open for investors till May 31. Also read:Large MFs face higher risks, small/mid-cap stress test showsThe...
[ad_1] Inflows in equity mutual funds dipped 16 per cent month-on-month to ₹18,917 crore in April, data from the Association of Mutual Funds in India (AMFI) showed. Inflows in large-cap funds declined to ₹357 crore even as small-cap funds, which...
[ad_1] IIFCL Asset Management Company and its four officials have settled their case with SEBI by paying â¹1.02 crore. Last June, SEBI initiated action against them for alleged violation of mutual fund regulation in four investments made by the fund...
[ad_1] Capital markets regulator SEBI on Wednesday made the nomination optional for jointly-held mutual fund accounts in a bid to promote ease of doing business. Additionally, SEBI allowed fund houses to have a single fund manager to oversee commodity and...
[ad_1] Notwithstanding the heady inflows into equity mutual fund schemes, five of the 11 equity categories have registered a net outflow or lower inflow compared to last fiscal.Also read: Sachetisation of mutual funds, a small step in right directionInterestingly, large-cap...
[ad_1] Mutual fund folios nearly doubled in the last five years at 17.79 lakh crore in March 2024, up from 8.97 lakh crore in March 2020, ICRA Analytics said in its report. It noted that retail investors account for a...
[ad_1] Small and midcap schemes are likely to see lower inflows in March compared to previous months after the recent correction in the space. Also read:MF small-cap schemes plunge into the red as market tremblesAbout two-fifths of equity flows in...
[ad_1] The new mutual fund distributor portability norms may leave distributors with no commission during the six months mandatory cooling-off period, leaving them high and dry especially if investors trigger multiple switches.Also read: Why this multi-asset fund is good investment...