SBI Mutual Fund's AUM likely to cross Rs 1 trillion mark soon

Assets under management (AUM) of SBI Mutual Fund has crossed Rs 98,000 crore and is soon likely to cross Rs 1 trillion-mark, its managing director said Friday.

Mutual Fund industry AUM slips 5% to Rs 12.55L crore in Aug

The mutual fund industry witnessed a drop of nearly 5 percent in assets under management (AUM) to Rs 12.55 lakh crore in August, mainly on account of fall in inflow into such schemes.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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).

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.

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.

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.

MFs' AUM touches record-high of Rs 10 lakh crore in May

Industry experts attributed the rise in AUM to a significant level of fund mobilisation as well as a sharp rally in equity markets.

MFs' exposure to IT stocks falls to Rs 24,315 crore in March

Mutual fund managers' exposure to the software sector has dropped to Rs 24,315 crore in March, after touching a record high in the preceding month, primarily on account of investors' concerns over the impact of appreciating rupee on exporters.

Mutual fund asset base can grow to Rs 20 lakh crore: Sebi

Market regulator Sebi expects its new long-term policy for mutual funds to help their total asset base grow to Rs 20 lakh crore within five years, from about Rs 9 lakh crore currently.

Sebi unveils stringent disclosure norms for MFs

To bring in greater transparency in the Rs 9 lakh crore mutual fund industry, market regulator Sebi has asked the players to make monthly disclosures about group investment in their assets under management.

Mutual fund industry's AUM drops 4.5% in July-Sept quarter

Assets under management (AUM) of the mutual fund industry fell by 4.5 per cent to Rs 8.08 lakh crore in July-September quarter amid continued volatility in the rupee and stock markets.