[ad_1] Mumbai: retail investor continued to show confidence in equities mutual funds Despite a sharp decline in both Indian and foreign markets last month equity net viewing plans inflow ₹15,498 crore in the month, shows data from Association of Mutual Funds in India. However, this was lower than the ₹18,529 crore inflows in May. However, […]
Retail investors invested over Rs 13,000 crore in mutual funds in June: AMFI
[ad_1] Selling by foreign investors, slowdown in global equities, weakening rupee, rising inflation and Nifty at 52-week low, retail mutual fund schemes saw positive inflows for 16th consecutive month since March 2021, data released by Association of Funders mutual funds in India (AMFI) showed on Friday. The net inflow into such schemes in June stood […]
LIC Mutual Fund: LIC Mutual Fund is planning to absorb IDBI Mutual Fund
[ad_1] LIC Mutual Fund has started the process of absorption IDBI Mutual Fund After two attempts to find buyers for mutual funds failed to meet regulatory norms. IDBI MF promoted by IDBI Bank had to either be sold or merged with LIC MF, as under SEBI rules, a promoter cannot hold more than 10% stake […]
Mutual Fund Schemes: ‘Stay on Global MF Schemes, Avoid Lump sum Investing’
[ad_1] Mumbai: Investor’s stake in international equities Mutual Fund Schemes Selling in various has led to a fall of 30-40% global market in the last six months. but Investment Advisors and analysts are suggesting that investors should maintain these investments despite losses and even revisit new systematic investment plans.sip) in them as and when regulatory […]
Hybrid Mutual Funds: All You Need to Know About Hybrid Mutual Funds
[ad_1] Investors eyeing a mix of different asset classes One can consider investing in hybrid funds in the same scheme. They often invest in a single fund that combines different asset classes – equities, gold and fixed income – to optimize Return, What are Hybrid Funds? This is a category of mutual fund that invests […]
Equity Mutual Funds are witnessing positive momentum; Rs 18,529 crore inflow recorded in May
[ad_1] Equity mutual funds attracted a net amount of Rs 18,529 crore in May, tracking positive momentum for the 15th consecutive month amid heavy volatility in stock markets and continued selling by foreign portfolio investors (FPIs). This was much higher as compared to net inflows of Rs 15,890 crore in April, data from the Association […]
Principal MF ceased to exist as mutual fund: SEBI
[ad_1] Capital markets regulator SEBI on Thursday said Principal Mutual Fund (PMF) no longer exists as a mutual fund. Asset Management Private Limited (Principal AMC) had informed SEBI that it intends to surrender the registration granted by the regulator to PMF.Subsequently, SEBI accepted the request to surrender the registration certificate of PMF. “Consequently, PMF does […]